Mutto Optronics Corporation announced the change in representative of the Company's institutional director. Name of the previous position holder: Yuan Pei Tsai; Resume of the previous position holder: director of mutto optronics corp. Name of the new position holder: Guang Yu Zhou; Resume of the new position holder: Executive Vice President of Vice General Manager of Rui Kang Asset Co.

Ltd. Effective date of the new appointment: October 25, 2023.