DrayTek Corporation announced President changes. Name of the previous position holder: Ma, Hung-Fang. Resume of the previous position holder: Chairman/President of DrayTek Co.

Ltd. Name of the new position holder: Cheng, Ming-Te. Resume of the new position holder: Project Manager, R&D Department, Zyxel Communications Corp. Director/Executive Vice President of DrayTek Co.

Ltd. Reason for the change: job relocation. Effective date of the new appointment: July 17, 2024. Date of the board of directors resolution or date of occurrence of the change: July 17, 2024.