Kwong Lung Enterprise Co., Ltd. announced that the board of directors resolved to establish a risk management committee. Name of the functional committees: Risk Management committee. Name of the new position holder: Lee Chao-Fu-BTsai Hsun-Hsiung-BHsu Chia-Te.

Resume of the new position holder: Lee Chao-Fu: Vice Chairman of the Company; Tsai Hsun-Hsiung: Independent Director of the Company; Hsu Chia-Te: Independent Director of the Company. Effective date of the new member: December 14, 2023.