Lotes Co. Ltd. at the annual general shareholders' meeting held on June 13, 2024 announced election results of Directors. Title and name of the previous position holder: Natural-person director: Chiu, Jiann Jong; Resume of the previous position holder: Chiu, Jiann Jong, Fonder&CEO, ANSFORCE INC. Title and name of the new position holder: Natural-person director: Sun, Cherng-Jong; Resume of the new position holder: Sun, Cherng-Jong, Former Asia Managing Director,Intel Capital.

Reason for the change: Election of directors due to term expired. Effective date of the new appointment is June 13, 2024.