Hai-Yueh Announces Reset of Dividend Rate for Class A Preferred Shares After Five Years

1. Date of Event: 115/09/23 2. Company Name: Hai-Yueh International Development Co., Ltd. 3. Relationship with Company (please enter '本公司' or 'Subsidiary'):本公司 4. Cross-shareholding Ratio: Not applicable 5. Reason for Occurrence: In accordance with the issuance terms of the company's Class A preferred shares, the dividend rate is being reset after five years from issuance. 6. Response Measures: The original annual interest rate for the company’s Class A preferred shares was 4%. The rate is reset on the first business day following the fifth anniversary of issuance. The rate reset pricing reference date is two Taipei financial industry business days prior to the reset date—September 23, 115. The new rate is determined by taking the arithmetic average of the 11:00 a.m. quotes for the five-year interest rate swaps 'TAIFXIRS' and 'COSMOS3' provided by Reuters (UK), which stands at 2.28875%, and adding the fixed spread of 3.37725% set at issuance. As a result, the dividend rate will be reset to 5.666%, effective from September 29, 115. 7. Other Matters to Be Disclosed: If the entity involved in the event or resolution is a publicly issued company or above, this significant information also qualifies as a matter under Article 7, Paragraph 9, Item 9 of the Enforcement Rules of the Securities and Exchange Act that significantly affects shareholders’ rights or securities prices. None applies in this case.