Mutto Optronics Corporation announced change in representative of the Company's institutional director. Date of occurrence of the change is March 10, 2023. Name of the previous position holder: (1)Long Yi International Co.

Ltd. representative:Sheng-Lien Yo (2)Guo Ju Global Co. Ltd. representative: Shu-Wei Chang. Resume of the previous position holder: (1)Director of Mutto Optronics Corporation (2)Director of Mutto Optronics Corporation.

Name of the new position holder: (1)Long Yi International Co. Ltd. representative: Shu-Wei Chang (2)Guo Ju Global Co. Ltd. representative:Sheng-Lien Yo 6.Resume of the new position holder: (1)Director of Mutto Optronics Corporation (2)Director of Mutto Optronics Corporation.

Reason for the change: Long Yi International Co. Ltd. and Guo Ju Global Co. Ltd. assigned a new representative to serve as institutional director, effective date of the new appointment is March 11, 2023.