Yang Ming announced newly appointed members of the Risk Management Committee. Name of the previous position holder: Cheng,Cheng-Mount:Chairman of the company, Chen,Chih-Li:Director of the company;Professor, Department of Merchant Marine National Taiwan Ocean University, Tang,Tar-Shing:Independent Director of the Company;Attorney-in-Charge, Tar-Shing Tang Law Office, Ho-Cheng,Tan:Independent Director of the Company;Independent Director, PChome Online Inc., Huang,Jr-Tsung:Independent Director of the Company;Professor, Distinguished Professor and Contracted Professor, National Chengchi University. Name of the new position holder: Cheng,Cheng-Mount:Chairman of the company, Tang,Tar-Shing:Independent Director of the Company;Attorney-in-Charge, Tar-Shing Tang Law Office, Chiu,Huang-Chuan:Independent Director of the Company;Attorney-in-Charge, Kew & Lord; Huang,Jr-Tsung:Independent Director of the Company;Professor, Distinguished Professor and Contracted Professor, National Chengchi University, Tsai,Feng-Ming:Independent Director of the Company;Professor and Chair of Department of Shipping & Transportation Management, National Taiwan Ocean University;Professor (joint appointment), Bachelor Degree Program in Ocean Tourism Management, National Taiwan Ocean University, Shon,Zheng-Yi:Independent Director of the Company;Professor, Department of International Business Management, Tainan University of Technology and Hsu,Wan-Chi:Director of the Company;Associate Professor, Department of Marketing Management, Central Taiwan University of Science and Technology.

Reason for the change:Due to 21st Election of Directors by the shareholders' meeting, announce the new members of the Risk Management Committee appointed by the Board of Directors. Effective date of the new member is May 24, 2024.