Hotai Motor Co.,Ltd. announced change of Members of Audit Committee. Name of the functional committees: Audit Committee. Resume of the previous position holder: Su, Chin-Huo¡Gmember of Hotai Motor Independent director; Wu, Shih-Hao¡Gmember of Hotai Motor Independent director; and Shih, Hsien-Fu¡Gmember of Hotai Motor Independent director.

Resume of the new position holder: Su, Chin-Huo¡Gmember of Hotai Motor Independent director; Wu, Shih-Hao¡Gmember of Hotai Motor Independent director; and Li, Chao-Sen¡GDirector and President, Kuozui Motors Ltd. Effective date of the new member is June 21, 2022.