Chun Yuan Steel Industry Co., Ltd. announced change of board of directors president. Name of the previous position holder: Tsai,Hsi-Chi; Resume of the previous position holder: Chun Yuan Steel Industry Co., Ltd. /President; Name of the new position holder: Hung,Shih-Min; Resume of the new position holder: Chun Yuan Steel Industry Co., Ltd. /Finance & Accounting Executive Vice President. Circumstances of change: Term expired.

Effective date of the new appointment is August 06, 2022.