Jiangsu Bairong Composite Materials Announces Reappointment of Chairman and CEO

1. Board resolution date or effective date of change: July 8, 2026 (Minguo Year 115/07/08)

2. Position (Chairman or General Manager): Chairman, General Manager

3. Former incumbent's name: Zheng Guohuo

4. Former incumbent's resume: Chairman and General Manager of Jiangsu Bairong Composite Materials Technology Co., Ltd.

5. New appointee's name: Zheng Guohuo

6. New appointe's resume: Chairman and General Manager of Jiangsu Bairong Composite Materials Technology Co., Ltd.

7. Nature of change (select from 'resignation', 'dismissal', 'end of term', 'duty adjustment', 'redundancy', 'retirement', 'deceased', or 'new appointment'): Early comprehensive board renewal

8. Reason for change: Following the early comprehensive director election held at the 3rd Extraordinary Shareholders' Meeting on July 3, 2026, the Chairman was elected and the General Manager was reappointed.

9. Effective date of new appointment: July 8, 2026 (Minguo Year 115/07/08)

10. Additional disclosures: This matter constitutes material information under securities regulations, qualifying as a significant event affecting shareholder rights or stock prices per Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act. No further disclosures are required.