SHENGPAO Announces Major Resolutions from 115th Annual Shareholders' Meeting

1. Date of Annual Shareholders' Meeting: June 16, 2026

2. Important Resolution (1) Allocation of Profits or Loss Carryforward: Approved the profit distribution plan for the fiscal year 2025.

3. Important Resolution (2) Amendments to Articles of Incorporation: None.

4. Important Resolution (3) Business Operations Report and Financial Statements: Approved the business operations report and financial statements for the fiscal year 2025.

5. Important Resolution (4) Election of Directors and Supervisors: Approved the proposal for the full renewal of the board of directors.

6. Important Resolution (5) Other Matters: Approved the proposal to lift non-compete restrictions on newly elected directors and their representatives.

7. Other Matters to be Disclosed: None.