Richpower (6994) Approves Board Restructuring and Private Placement at Shareholders' Meeting

Announcement Date: May 22, 2025 Company Code: 6994 Company Name: Richpower Subject: Announcement of important resolutions from the shareholders' meeting.

1. Date of Shareholders' Meeting: 2025/05/22 2. Important Resolution 1: Approval of the earnings distribution proposal for the 114th fiscal year. 3. Important Resolution 2: Amendments to the Articles of Association (None). 4. Important Resolution 3: Approval of the business report and financial statements for the 114th fiscal year. 5. Important Resolution 4: Election of directors and supervisors. Elected list: New Directors: Representative of Ethos Energy Corp: Guo Shou-Fu Representative of Ethos Energy Corp: Lin Kun-Huang Representative of Ethos Energy Corp: Bu Qing-Fan Hao Xia-Peng New Independent Directors: Chen Rui-Zhu Wang Xu-Qi Jiang Cheng-Rong 6. Important Resolution 5: Other matters: Approval of the proposal for a private placement of common stock. Approval of the proposal to release the non-compete restriction for the new directors and their representatives. 7. Other items to disclose: None.