Microprogram (7721) Approves Non-Compete Waiver for Board Representative at Shareholders' Meeting

Announcement Details

Microprogram (7721) passed a resolution regarding the waiver of non-compete restrictions at the annual general shareholders' meeting held on May 20, 2026.

1. **Resolution Date**: May 20, 2026 2. **Individual Permitted to Engage in Competitive Activities**: Pan Chiao-li, representative of the corporate director. 3. **Permitted Competitive Activities**: Financial and Accounting Supervisor of Giant Manufacturing Co., Ltd., and Director positions at various Giant group entities globally, including Giant Europe B.V., Giant Bicycle Inc., and multiple regional subsidiaries in Canada, Australia, Europe, and Asia. 4. **Duration of Waiver**: For the duration of her term as a director of Microprogram. 5. **Resolution Result**: Approved as proposed following a vote.

This resolution does not pertain to business operations in Mainland China.