Namchow Holdings Co., Ltd. announced change of representative of institutional director of the Company. Name of the previous position holder: Mr. Chen,Fei-peng; Resume of the previous position holder: Vice chairperson of Namchow Holdings Co., Ltd. Name of the new position holder: Mr. Chen,Yu-wen; Resume of the new position holder: Director of Lucky Royal Co., Ltd. Reason for the change: Mr. Chen,Fei-peng, the representative of institutional director, has passed away. A new representative is designated.

Effective date of the new appointment is December 13, 2022.