Hong Tai Electric Industrial Co., Ltd. announced executive changes. Name of the previous position holder: Chen Chieh Fu; Resume of the previous position holder: Director of Hong Tai Electric Industrial Co., Ltd. Name of the new position holder: Alex Chen; Resume of the new position holder: Equity Research Analyst of Fine Ace Asset Management Co. Ltd. and Deputy Director of iCatch Technology Inc. Reason for the change: The institutional director assigned a new representative.

Any other matters that need to be specified: The Company was notified by institutional director about the change of its representative on November 14, 2022 with effective date from November 11, 2022.