[YC Steel] Resolution of the Shareholders' Meeting on Waiving Non-Compete Restrictions for Directors

1. Date of shareholders' meeting resolution: 115/05/27 2. Name and title of directors permitted to engage in competitive behavior: Director Yen De-he, Director Yuji Investment Co., Ltd. (Representative: Zhang Yun-qing), Independent Director Liu Xin-hong 3. Items of competitive behavior permitted: Items similar to the company's business scope 4. Period of permission: During the tenure as a director of the company 5. Resolution status: Approved as proposed after voting 6. Competitive behavior involving mainland China: Director Yen De-he, Director Yuji Investment Co., Ltd. (Representative: Zhang Yun-qing) 7. Name and title in mainland China business: Yen De-he (Chairman of Ningbo Qiyi Metal Co., Ltd.), Zhang Yun-qing (Supervisor of Ningbo Qiyi Metal Co., Ltd.) 8. Address of mainland China business: No. 2, Nanbin North Road, Ningbo Southern Binhai New Area, Ninghai County, Ningbo 9. Business scope of mainland China business: Stainless steel cold rolling, cutting 10. Impact on the company's financial business: Ningbo Qiyi Metal Co., Ltd. is a 100% owned subsidiary 11. Investment amount and shareholding ratio: None 12. Other matters: None