TECO Electric & Machinery Co., Ltd. announced the change to the members of Audit Committee and Compensation Committee. Name of the previous position holder: Audit Committee: (1)Wei-Chi Liu, President of Chung Hua University. (2)Hsieh-Hsing Huang, Chairman of Chungsun Prime Certified Public Accountants.

(3)Li-Chen Lin, International Partner, Jones, Day, Reavis & Pogue. (4)Shiang-Chung Chen, Director of TPIDA. (B)Compensation Committee: (1)Wei-Chi Liu, President of Chung Hua University.

(2)Hsieh-Hsing Huang, Chairman of Chungsun Prime Certified Public Accountants. (3)Li-Chen Lin, International Partner, Jones, Day, Reavis & Pogue. (4)Shiang-Chung Chen, Director of TPIDA.

(5)Kung-Yeun Jeng, President and Chief Executive Officer of Taiwan High Speed Rail Corporation. Name of the new position holder: (A).Audit Committee: (1)Hsieh-Hsing Huang, Chairman of Chungsun Prime Certified Public Accountants. (2)Chao-Chin Tung, Chairman of China Trust Financial Holding Co., Ltd. (3)Mei-Chun Chao, Partner Attorney at Zoomlaw Attorneys-at-Law.

(4)Hui-Yiu Chen, Vice Chairman of Choice Development Inc. (B).Compensation Committee:Waiting for the appointment when the new board of directors meeting to be held. Reason for the change: Term expired, and the members of the ?Audit Committee? are directly composed of new independent directors.

Effective date of the new members in Audit Committee is May 24, 2024.