Rongcheng Announces Board Resolution to Transform into an Investment Holding Company via Spin-off

1. Date of Board Resolution: 115/08/12 2. Board Resolution Item: Conversion into an Investment Holding Company 3. Name of Investment Holding Company: Rongcheng Investment Holding Co., Ltd. 4. Total Capital of Investment Holding Company: NT$13,276,857,270 5. Locations of Investment Holding Company and Its Subsidiaries: (i) Investment Holding Company Location: 10F, No. 337, Fuxing North Road, Songshan District, Taipei City (ii) Subsidiaries' Locations: Subsidiary Name / Location (1) Rongcheng Low-Carbon Carton Co., Ltd. / No. 1-1, Guangxing Alley, Guangxing Village, Erlin Township, Changhua County (2) Enviro-Capital Investment Co., Ltd. (formerly: Rongcheng Investment Development Co., Ltd.) / 10F, No. 337, Fuxing North Road, Songshan District, Taipei City (3) L&C CO., (BVI) LTD / OMC Chambers, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands (4) Rongcheng Paper Industry Co., Ltd. (Japan) / 7-11-14 Ginza, Chuo-ku, Tokyo, Japan 6. Business Categories, Names, and Shareholding Ratios of Subsidiaries under the Investment Holding Company: Subsidiary Name / Business Category / Shareholding Ratio (1) Rongcheng Low-Carbon Carton Co., Ltd. / Manufacturing, printing, processing, trading, agency, import and export of paper containers and paper products / 100% (2) Enviro-Capital Investment Co., Ltd. (formerly: Rongcheng Investment Development Co., Ltd.) / General investment business / 99.57% (3) L&C CO., (BVI) LTD / General investment business / 100% (4) Rongcheng Paper Industry Co., Ltd. (Japan) / Export of waste paper (corrugated cardboard/boards) and recycled pulp / 100% 7. Qualifications of the Designated General Manager, Deputy General Managers, and Assistant General Managers of the Investment Holding Company: General Manager: Wu Guozhen / General Manager of Rongcheng Paper Industry Co., Ltd. 8. Qualifications of Founders (Not applicable for conversion into an investment holding company or its subsidiary): Not applicable 9. Other Matters Specified by Competent Authorities: None 10. Other Matters to Be Clarified: The company plans to convene its first extraordinary shareholders’ meeting on October 1, 115 (2026), and upon passage of relevant resolutions, submit an application to the Taiwan Stock Exchange for continued listing after transformation into an investment holding company, and proceed with share exchange and related procedures.