3712 Shinfox Holding - Subsidiary Announces Board Resolution to Dispose of Cable-Laying Vessel

Announcement Date: July 4, 2026 Statement Date: July 3, 2026 Statement Time: 18:01:19 Company Code: 3712 Company Name: Shinfox Holding Subject: Announcement on Subsidiary Shinfox Far East Company Pte. Ltd.'s Board Resolution to Dispose of a Vessel Applicable Clause: Clause 20 Event Date: July 3, 2026

1. Name and Nature of the Asset: Cable-laying vessel

2. Event Date: July 3, 2026 ~ July 3, 2026

3. Board Approval Date: July 3, 2026

4. Other Approval Dates: Not applicable

5. Quantity, Unit Price, and Total Transaction Amount: Quantity: 1 cable-laying vessel Total Transaction Amount: USD 37,500,000

6. Counterparty and Relationship with the Company: GRID MASTER 1 LLC

7. If the Counterparty is a Related Party, Reason for Selection and Previous Owner Information: Not applicable

8. If the Asset Was Previously Owned by a Related Party within the Last Five Years, Details of Acquisition and Disposal: Not applicable

9. Estimated Gain (or Loss) from Disposal (Not applicable for asset acquisition): Estimated disposal loss of approximately NT$395,173 thousand

10. Delivery or Payment Terms (including payment schedule and amounts), Contractual Restrictions, and Other Important Agreements: As stipulated in the contract

11. Decision Method for the Transaction (e.g., bidding, comparison, negotiation), Pricing Reference Basis, and Decision-Making Unit: Transaction Decision Method: Negotiation Pricing Reference Basis: Market price Decision-Making Unit: Board of Directors of Shinfox Far East Company Pte. Ltd.

12. Name of Professional Appraisal Firm or Company and Appraised Value: Not applicable

13. Name of Professional Appraiser: Not applicable

14. License Number of Professional Appraiser: Not applicable

15. Whether the Appraisal Report is for a Limited, Specific, or Special Price: No or Not applicable

16. Whether Appraisal Report Has Not Been Obtained: No or Not applicable

17. Reason for Not Obtaining Appraisal Report: Not applicable

18. Reasons for Significant Differences in Appraisal Results and Auditor's Opinion: Not applicable

19. Name of Accounting Firm: Not applicable

20. Name of Auditor: Not applicable

21. License Number of Auditor: Not applicable

22. Broker and Brokerage Fees: Not applicable

23. Specific Purpose or Use of the Acquisition or Disposal: Disposal of operational equipment

24. Dissenting Director's Opinion on the Transaction: None

25. Whether the Transaction is a Related-Party Transaction: No

26. Date of Supervisor Approval or Audit Committee Consent: Not applicable

27. Whether the Transaction Involves Acquiring Real Estate or Right-of-Use Assets from a Related Party: No

28. Valuation Price under Article 16 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies': Not applicable

29. Valuation Price under Article 17 if the Price under the Previous Item is Lower than the Transaction Price: Not applicable

30. Previous Date of Material Information Disclosure for the Same Event: Not applicable

31. Other Explanatory Matters: None