Notice Regarding the Implementation of a Restricted Stock Compensation System for Directors of Our Subsidiaries

Introduction of the program

The program provides incentives by contributing actual stock compensation as property to eligible directors of our subsidiary, in return for acquiring or disposing of our ordinary shares. The total compensation payable is within the approved limit by the subsidiary’s general meeting of shareholders, and the specific timing and allocation will be decided by the subsidiary’s board of directors. The total number of issued shares for the year is capped at 14,000; the issue price for the shares shall be determined based on the closing market price. A transfer-restricted stock subscription agreement, including transfer restrictions, prohibitions on transfers to third parties, and conditions for the Company’s gratuitous acquisition, will be executed.

Impact and future schedule

The program will be formally decided at the June 24 shareholders meeting, and the effective date and specific allocations will be finalized by future board resolutions. Shares will be held in a custodial account during the transfer restriction period, and rights will be granted only if the conditions for eligibility are met. For investors, the key considerations are potential dilution and the long-term enhancement of shareholder value through the program design.