Announcement of the Board of Directors resolved to release of restriction on competitive of activities for managerial officers

1.Date of the board of directors resolution:2025/08/06
2.Name and title of the managerial officer with
permission to engage in competitive conduct:
Gary Chung/Vice president
3.Items of competitive conduct in which the officer is
permitted to engage: President of XALLOY Advanced Materials Corp.
4.Period of permission to engage in the competitive conduct:
During the term of being a managerial officer of the company.
5.Circumstances of the resolution (please describe the results of voting
in accordance with Article 32 of the Company Act):
All present directors unanimously approved it.
6.If the permitted competitive conduct belongs to the operator of a
mainland China enterprise, the name and title of the managerial officer
(if it is not the operator of a mainland China enterprise, please enter
“N/A” below):N/A
7.Company name of the mainland China enterprise and the officer’s
position in the enterprise:N/A
8.Address of the mainland China enterprise:N/A
9.Operations of the mainland China enterprise:N/A
10.Impact on the company’s finance and business:N/A
11.If the managerial officer or director has invested in the mainland
China enterprise, the monetary amount of the investment and the officer
or director’s shareholding ratio:N/A
12.Any other matters that need to be specified:None.