Makalot Industrial Co., Ltd. announced the change of the Company's President. Name of the previous position holder: Chou, Li-Ping 4.Resume of the previous position holder: the Company's Chairman and President (CEO). Name of the new position holder: Chou, Hsin-Peng 6.Resume of the new position holder: the Company's Vice President of Vietnam production area the Company's Vice President of Manufacturing R&D Group; the Company's Vice President of New Business Development Group.

Reason for the change: job relocation. Effective date of the new appointment: January 17, 2024.