Parade Technologies, Ltd. announced new appointment of Compensation Committee. Date of occurrence of the change: October 28, 2022. Name of the functional committees: Compensation Committee.

Name of the previous position holder: Independent Director/Charlie Xiaoli Huang; Independent Director/Jen-Lin (Norman) Shen; Independent Director/Dennis Lynn Segers. Resume of the previous position holder: Charlie Xiaoli Huang: CEO & Director of Shenzhen Giga Design Automation Co., Ltd.; Jen-Lin (Norman) Shen: Independent Director of Parpro Corporation; Dennis Lynn Segers: Director of Flip Electronics, Director of Kinara Inc., and adjunct lecturer of Santa Clara University. Name of the new position holder: Independent Director/Jen-Lin (Norman) Shen; Independent Director/Dennis Lynn Segers; Independent Director/Huei-Chu (Laura) Huang.

Resume of the new position holder: Jen-Lin (Norman) Shen: Independent Director of Parpro Corporation; Dennis Lynn Segers: Director of Flip Electronics, Director of Kinara Inc., and adjunct lecturer of Santa Clara University; Huei-Chu (Laura) Huang: Independent Director of VisEra Technology Co., Ltd. Taiwan, and Independent Director of Sino Horizon Holdings Limited. Effective date of the new member: October 28, 2022.