King's Town Construction Co., Ltd.'s corporate director Tian-Lai Investment Co., Ltd. designated a new representative. Name of the previous position holder: Chen,Tien-Chin. Resume of the previous position holder: Representative of corporate directors and general manager of the Company.

Name of the new position holder: Chen,Chin-Hsing. Resume of the new position holder: Deputy General Manager of the Land Development Department of the Company. Reason for the change: Mr. Chen,Tien-Chin, the corporate director of the Company, passed away.

Effective date of the new appointment is March 22, 2022.