Ability Enterprise Co., Ltd. plans to invest USD 25,000,000 to establish a 100% owned company in Vietnam, whose name is Ability Electronics Technology (Vietnam) Co., Ltd. (?AETV?) (tentative name), and AETV will acquire the land for the production base Land use rights and factory buildings. Projected date of the investment: Fourth quarter 2023 to second quarter 2024. Source of capital funds: Self-owned capital.

Specific purpose: To expand production capacity.