Zhiyue Optoelectronics to Conduct Capital Reduction and Stock Exchange

Zhiyue Optoelectronics has decided to conduct a capital reduction and stock exchange at its shareholders' meeting on May 27, 2026. The capital reduction amount is NT$1,162,568,160, and 116,256,816 shares will be canceled. This capital reduction and stock exchange plan is carried out in accordance with the regulations of the Taiwan Stock Exchange.

The detailed plan for the capital reduction and stock exchange is as follows: 1. Name of the securities to be exchanged: Zhiyue Optoelectronics common stock 2. Total number of shares to be exchanged: 465,027,263 shares 3. Total number and amount of shares to be reduced: 116,256,816 shares, NT$1,162,568,160 4. Reduction ratio: 25% 5. Total number and amount of shares after reduction: 348,770,447 shares, NT$3,487,704,470

The schedule for the capital reduction and stock exchange is as follows: 1. Last trading day for old shares: August 12, 2026 2. Trading suspension period for old shares: August 13 to August 21, 2026 3. Last transfer day for old shares: August 16, 2026 4. Transfer suspension period for old shares: August 17 to August 21, 2026 5. Base date for capital reduction and stock exchange: August 21, 2026 6. Listing day for new shares: August 24, 2026 7. Payment date for cash reduction: August 31, 2026

The procedures for the capital reduction and stock exchange are as follows: 1. New shares will be issued without physical certificates 2. A notice will be sent from the stock agent to shareholders for the exchange of new shares 3. If the old shares have been transferred, shareholders should submit the application form and necessary documents to the stock agent to complete the exchange procedures 4. If the old shares have not been transferred, shareholders should prepare the necessary documents and submit them to the stock agent to complete the exchange procedures 5. Shares deposited in the central depository will be exchanged by the Taiwan Depository & Clearing Corporation

The stock agent is Hongyuan Securities Co., Ltd. Stock Agency Department.