Lion Announces Board Approval to Lift Non-Compete Restrictions for Executives

1. Board Resolution Date: 115/08/06 2. Names and Titles of Managers Permitted to Engage in Competitive Activities: Huang Shin-Chuan, General Manager Lin Shu-Zhen, General Manager Lin Ming-Hua, General Manager 3. Approved Competitive Activities: Serving as manager, director, or supervisor of other profit-making enterprises, or operating similar businesses independently or on behalf of others. 4. Duration of Approved Competitive Activities: During the period of employment as a manager of the company. 5. Voting Outcome (as per Article 32 of the Company Act): The chairperson confirmed no objections from attending directors; the resolution was adopted as proposed. 6. Managers Engaging in Competitive Activities Involving Mainland China-based Enterprises (Enter 'Not Applicable' if not applicable): Lin Ming-Hua 7. Company Name and Position Held in Such Mainland China-based Enterprise: Lion (Fujian) International Travel Service Co., Ltd. – Director and Manager Lion International Travel Service (Shanghai) Co., Ltd. – Executive Director 8. Address of Such Mainland China-based Enterprise: Lion (Fujian) International Travel Service Co., Ltd.: Unit 05, 8th Floor, Building D, Xiamen International Shipping Center, No. 97 Xiangyu Road, Xiamen Area, China (Fujian) Pilot Free Trade Zone Lion International Travel Service (Shanghai) Co., Ltd.: 6H, East Tower, No. 666 Beijing East Road, Huangpu District, Shanghai 9. Business Scope of Such Mainland China-based Enterprise: Management consulting, travel services, tourism project planning, investment consulting, market research and information consulting, etc. 10. Impact on the Company's Financial and Business Operations: None. 11. Investment Amount and Shareholding Ratio if the Manager Invests in Such Mainland China-based Enterprise: None. 12. Other Matters to be Disclosed: None.