Panjit International Inc. announced the following board changes: Title and name of the previous position holder: Directors: (a)FANG, MING-CHING; (b)FANG, MING-TSUNG, Representative of KINGMAO INVESTMENT CO.,LTD.; (c)LIN, HONG-GUANG,Representative of KINGMAO INVESTMENT CO.,LTD.; (d)CHUNG, YUN-HUI. Independent Director: (a)CHEN, YI-CHENG; (b)FAN, LIANG-FU; (c)CHEN, SHI-ZHEN. Resume of the previous position holder: Directors: (a)FANG, MING-CHING/Director of the Company; (b)FANG, MING-TSUNG,Representative of KINGMAO INVESTMENT CO.,LTD./Director of the Company; (c)LIN, HONG-GUANG,Representative of KINGMAO INVESTMENT CO.,LTD./Independent Director of O-Bank.; (d)CHUNG,YUN-HUI/Director of the Company.

Independent Director: (a)CHEN, YI-CHENG/Director and Vice President of Asia Vital Components Co. Ltd.; (b)FAN, LIANG-FU/Vice President of Hermes Epitek Corp.; (c)CHEN, SHI-ZHEN/Independent Director of HOLD-KEY ELECTRIC WIRE & CABLE CO., LTD. Title and name of the new position holder: i.Directors: (a)FANG, MING-CHING (b)FANG, MING-TSUNG; (c)CHUNG, YUN-HUI (d)LIN, QUN-XIANG,Representative of KINGMAO INVESTMENT CO.,LTD.; (e)LIN, HONG-GUANG,Representative of KINGMAO INVESTMENT CO.,LTD.; (f)CHEN, ZUO-MING,Representative of KINGMAO INVESTMENT CO.,LTD. ii. Independent Director: (a)CHEN, YI-CHENG (b)FAN, LIANG-FU (c)ZHU, JUN-XIONG (d)DAI, YI-ZHI.

Resume of the new position holder: i. Directors: (a)FANG, MING-CHING/Director of the Company; (b)FANG, MING-TSUNG/Director of the Company; (c)CHUNG, YUN-HUI/Director of the Company; (d)LIN, QUN-XIANG,Representative of KINGMAO INVESTMENT CO.,LTD./Director of Toothfilm INC. (e)LIN, HONG-GUANG,Representative of KINGMAO INVESTMENT CO.,LTD./Independent Director of O-Bank.; (f)CHEN, ZUO-MING,Representative of KINGMAO INVESTMENT CO.,LTD./Chief Operating Officer of the Company. ii. Independent Director:(a)CHEN, YI-CHENG/Director and Vice President of Asia Vital Components Co.

Ltd. (b)FAN, LIANG-FU/Vice President of Hermes Epitek Corp; (c)ZHU, JUN-XIONG/Managing Partner of Quanying International Law Firm; (d)DAI, YI-ZHI/General Manager of Xinqiao United Co. Ltd. Effective date of the new appointment: June 14, 2023.