SHENGPAO Announces Board Resolution to Appoint Members of the Fourth Audit Committee

1. Date of Change: 115/06/16 2. Name of Functional Committee: Audit Committee 3. Former Members: Lin Youze, Lou Yongjian, Lai Kaixuan 4. Former Members' Background: Audit Committee of the Company 5. New Members: Lin Youze, Hua Kailong, Lai Kaixuan 6. New Members' Background: Independent Directors of the Company 7. Nature of Change (Please enter 'Resignation', 'Dismissal', 'End of Term', 'Death', or 'New Appointment'): End of Term 8. Reason for Change: Comprehensive board reshuffle leading to re-election of audit committee members 9. Previous Term: 112/06/28 ~ 115/06/27 10. Effective Date of New Appointment: 115/06/16 11. Other Matters to be Disclosed: None

This change results from the regular rotation of audit committee members upon the conclusion of their term. The newly appointed members are all independent directors, reinforcing corporate governance and enhancing oversight of financial reporting and internal controls. The appointment aligns with regulatory requirements for listed companies and underscores the company's commitment to transparency and accountability.