Chang Chun Plastics (1773) passes non-compete waiver for directors at AGM

Announcement Date: May 21, 115 (Republic of China Calendar) Report Date: May 20, 115 Company Code: 1773 Company Name: Chang Chun Plastics

Subject: The 115th regular shareholders' meeting passed the proposal to waive non-compete restrictions for new directors and their representatives.

1. Date of Resolution: May 20, 115 2. Names and Titles of Directors Granted Non-compete Waiver: Director / Representative of Ninghan Enterprise Co., Ltd.: Sun Jing-yuan Director / Representative of Ninghan Enterprise Co., Ltd.: Sun Chi-chih Director / Representative of Ninghan Enterprise Co., Ltd.: Sun Chi-fa 3. Permitted Non-compete Activities: Investment in or management of companies with the same or similar scope of business as the Company, and serving as a director or manager in such companies. 4. Duration of Waiver: During the tenure as a director of the Company. 5. Resolution Result: Attended by shareholders representing two-thirds or more of the total issued shares, and passed by a majority of the voting rights of the attending shareholders. 6. Directors and Titles in Mainland China Operations: Sun Jing-yuan, Sun Chi-chih, Sun Chi-fa 7. Company Names and Positions in Mainland China: Zhangjiagang Yueyang Chemical Co., Ltd. (Chairman/Director) Shanghai Liansheng Chemical Co., Ltd. (Director) Shanghai Haosheng Chemical Technology Co., Ltd. (Director) 8. Locations of Mainland Operations: Zhangjiagang City, Jiangsu Province; Pudong New Area, Shanghai; Jinshan Second Industrial Zone, Shanghai. 9. Business Scope in Mainland China: Chemical product loading/storage/manufacturing/sales; Production and sales of polyethylene oxide; Catalyst production and after-sales service. 10. Impact on Company's Financials/Operations: None. 11. Investment Amount and Shareholding Ratio: None. 12. Other Information: None.