Yulon Motor Company Ltd. announced Election of 17th Directors. Title and name of the previous position holder: Institutional director: Director Yen Chen Li-Lien is representative from Tai Yuen Textile Co.,Ltd. Director Tso Chi-Sen is representative from Tai Yuen Textile Co.,Ltd. Director Lin Shin-I is representative from China Motor Corporation. Director Zhang Liang is representative from China Motor Corporation.

Director J.T. Huang is representative from Yen Ching-Ling¡¦s Foundation. Director Yao Zhen-Xiang is representative from Yen Ching-Ling¡¦s Foundation. Independent director: Hsieh Yi-Hong Zhou Zhong-qi Tsai Yen-Chin.

Resume of the previous position holder: Institutional director: Yen Chen Li-Lien: Chairman of Yulon Motor Co. Ltd. Tso Chi-Sen: Vice Chairman of Yulon Motor Co. Ltd. Lin Shin-I:Director of Yulon Motor Co.

Ltd. Zhang Liang: Director of Yulon Motor Co. Ltd. J.T. Huang: Director of Yulon Motor Co. Ltd. Yao Zhen-Xiang: Director of Yulon Motor Co.

Ltd. Independent director¡G Hsieh Yi-Hong: Independent director of Yulon Motor Co. Ltd. Zhou Zhong-qi: Independent director of Yulon Motor Co. Ltd. Tsai Yen-Chin: Independent director of Yulon Motor Co.

Ltd. Title and name of the new position holder: Institutional director: Director Yen Chen Li-Lien is representative from Tai Yuen Textile Co.,Ltd. Director Tso Chi-Sen is representative from Tai Yuen Textile Co.,Ltd. Director Lin Shin-I is representative from China Motor Corporation. Director Zhang Liang is representative from China Motor Corporation. Director J.T. Huang is representative from Yen Ching-Ling¡¦s Foundation.

Director Yao Zhen-Xiang is representative from Yen Ching-Ling¡¦s Foundation. Independent director: Zhou Zhong-qi Tsai Yen-Chin Yang Yun-Hua. Resume of the new position holder: Institutional director: Yen Chen Li-Lien: Chairman of Yulon Motor Co.

Ltd. Tso Chi-Sen:Vice Chairman of Yulon Motor Co. Ltd. Lin Shin-I:Director of Yulon Motor Co. Ltd. Zhang Liang: Director of Yulon Motor Co.

Ltd. J.T. Huang: Director of Yulon Motor Co. Ltd. Yao Zhen-Xiang: Director of Yulon Motor Co. Ltd. Independent director¡G Zhou Zhong-qi: Independent director of Yulon Motor Co.

Ltd. Tsai Yen-Chin: Independent director of Yulon Motor Co. Ltd. Yang Yun-Hua: Independent director of Yulon Nissan Motor Co. Ltd. Effective date of the new appointment is July 1, 2022.