Carnival Industrial Corporation announced the board of directors elected the chairman and vice chairman. Name of the previous position holder: (1) Chairman: Chen Bo-Yung (2) Vice Chairman: Huang Te-Chao. Resume of the previous position holder: (1) Chairman: Chen Bo-Yung/Vice Chairman of Tai Yuen Textile Co.

Ltd.; (2) Vice Chairman: Huang Te-Chao/General Manager of Tai Yuen Textile Co. Ltd. Name of the new position holder: (1) Chairman: Huang Te-Chao; (2) Vice Chairman: Yang Yung-Wei. Resume of the new position holder: (1) Chairman: Huang Te-Chao /General Manager of Tai Yuen Textile Co.

Ltd.; (2) Vice Chairman: Yang Yung-Wei/Chairman of Yung Hsin Investment Co. Ltd. Effective date of the new appointment is March 13, 2024.