Group Up Industrial Co., Ltd. announced cash dividend adjustment. Type and monetary amount of original dividend distribution: Cash dividend of TWD 7 per share, totaling TWD 385,202,202. Type and monetary amount of dividend distribution after the change: Cash dividend of TWD 6.82781243 per share, totaling TWD 385,202,202.

Reason for the change: (1)Since the first unsecured convertible Bonds' holders requested conversion,the number of the outstanding shares have been changed. (2) In accordance with the authorization granted by the Board of Directors on February 24th,2023 year of company resolution, the Chairman adjusted the rights issue and dividend rate based on the number of shares outstanding.