Sinmag Equipment Corporation announced executive changes at the Annual General Shareholders' meeting. Title and name of the previous position holder: Director, Shun Ho Hsieh; Director, Yao Tsung Wu; Director, Jui Jung Chang; Director, Ming Ching Hsieh; Director, Yung Chen Chen; Director, Yu Chuan Chang; Independent director, Shih Hung Chan; Independent director, Huei Wang Huang; Independent director, San Chien Tu. Resume of the previous position holder: Shun Ho Hsieh, Chairman, Sinmag Equipment Corporation; Yao Tsung Wu, Director, Tehmag Foods Corporation; Jui Jung Chang, Chairman, San Neng Bakeware Corporation; Ming Ching Hsieh, General manager and Vice President of Management Department, Sinmag Equipment (China) Co.

Ltd.; Yung Chen Chen, Vice President of Business Department, Sinmag Equipment (China) Co. Ltd.; Yu Chuan Chang, Chairman, Kingcraft Industrial Corp. Ltd.; Shih Hung Chan, Emeritus Professor, Yuan Ze University; Huei Wang Huang, Chairman, Broad Think Tank Co.

Ltd.; San Chien Tu, Director, Pang Kuei & Co., CPA. Title and name of the new position holder: Director, Shun Ho Hsieh; Director, Yao Tsung Wu; Director, Jui Jung Chang; Director, Ming Ching Hsieh; Director, Shu Chuan Hsiao; Director, Yu Chuan Chang; Independent director, Shih Hung Chan; Independent director, Huei Wang Huang; Independent director, San Chien Tu. Resume of the new position holder: Shun Ho Hsieh, Chairman, Sinmag Equipment Corporation; Yao Tsung Wu, Director, Tehmag Foods Corporation; Jui Jung Chang, Chairman, San Neng Bakeware Corporation; Ming Ching Hsieh, General manager and Vice President of Management Department, Sinmag Equipment (China) Co.

Ltd.; Shu Chuan Hsiao, Vice President, Sinmag Equipment Corporation; Yu Chuan Chang, Chairman, Kingcraft Industrial Corp. Ltd.; Shih Hung Chan, Emeritus Professor, Yuan Ze University; Huei Wang Huang, Chairman, Broad Think Tank Co. Ltd.; San Chien Tu, Director, Pang Kuei & Co., CPA.

Effective date of the new appointment is May 31, 2022.