Excelsior Medical Co., Ltd. at its AGM held on June 21, 2022 approved board changes. Title and name of the previous position holder: Natural-person director: Wang Ming-Ting, Director of the Company, Independent director: Chan Tzu-Sheng, Independent director of the Company. Title and name of the new position holder: Natural-person director: Chang Ming-Cheng, CEO of the Company, Independent director: Jhan Cian-Long, Dean of Soochow University Business School.

Reason for the change: Term expired and full re-election. Effective date of the new appointment is June 21, 2022.