Lotes Co. Ltd. announced the term expired of the Company's 5th Compensation Committee. Name of the previous position holder: Chiang, Yih-Cherng; Wang, Jen-Chun; Wu, Chang-Hsiu.

Resume of the previous position holder: Chiang, Yih-Cherng:the independent director of the Company; Professor of Department of Mechanical Engineering, Chinese Culture University. Wang, Jen-Chun:the independent director of the Company; Partner Lawyer, Tsar and Tsai Law Firm. Wu, Chang-Hsiu:the independent director of the Company; CPA of Dean Shine CPA Firm.

Name of the new position holder: Have not been appointed yet. Reason for the change: Election of Directors due to the term expired. Date of occurrence of the change is June 13, 2024.