Kenmao Announces Change of Chairman at Key Subsidiary Genmao Electronics (Suzhou) Co., Ltd.

1. Date of board resolution or change: 115/06/22 2. Position (please enter Chairman or General Manager): Chairman 3. Name of outgoing individual: Lien Chao-chih 4. Outgoing individual's resume: Chairman of Genmao Electronics (Suzhou) Co., Ltd. 5. Name of incoming individual: Chen Heng-wei 6. Incoming individual's resume: Chairman of Kenmao Electronics 7. Nature of change (please select from 'resignation', 'dismissal', 'end of term', 'job adjustment', 'redundancy', 'retirement', 'deceased', or 'new appointment'): New appointment 8. Reason for change: Reappointment by corporate shareholder Kenmao International (Pte) Ltd 9. Effective date of new appointment: 115/06/22 10. Other matters to be disclosed (if the subject is a publicly listed company, this information may significantly affect shareholder rights or securities prices under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act): None

Keyword: Material Information