Rafael Microelectronics, Inc. appointed Huang Shui-Tong, Independent director, Flexium Interconnect. Inc., Anson Tseng, Independent director, Flexium Interconnect. Inc. and C.H. Chen, Compensation Committee member, Rafael Microelectronics, Inc. to the Audit Committee in place of Jack Liu and Zabrina Hsu.

Effective date of the new member January 19, 2024.