ANDES — Proxy Solicitation & Information Statement 2026

Apr 24, 2026

ANDES

Meeting Notice of Annual General Shareholders' Meeting

(Summary Translation)

A. The 2026 Annual General Shareholders' Meeting (the "Meeting") of Andes Technology Corporation will be convened at Meeting Room Rossini, 4F, No.1, Gongye E. 2nd Rd., Hsinchu Science Park, Hsinchu, Taiwan at 10:00 a.m. on May 28th, 2026.

The agenda for the Meeting is as follows:

I. Report items:
(1) 2025 Business Report
(2) Audit Committee’s Review Report
(3) The Accumulated Deficit Has Reached Half of the Company's Paid-In Capital
(4) Report on 2025 Sound Operational Plan Execution Status of the Company
(5) Report on the Implementation of the 1st Issuance of Unsecured Convertible Bonds

II. Acknowledgements:
(1) Adoption of the 2025 Business Report and Financial Statements
(2) Adoption of the Proposal for 2025 Deficit Compensation

III. Proposed Resolutions
(1) Proposal for amendment to the Company’s Articles of Incorporation
(2) Proposal for Planning and Implementing the Company’s Long-term Fundraising

IV. Election
(1) By-election of One Independent Director for the 8th Board of Directors of the Company

V. Extemporary Motions

B. The proposal for deficit compensation for 2025 has been resolved by the Board of Directors not to distribute dividends.

C. The list of nominated candidates for the By-election of Board of Directors is as follows:
(1) Independent Director Candidates: Huei-Yi Shyu.
(2) For other relevant information relating to the candidates, please refer to the website (http://mops.twse.com.tw).

D. If any proposals under Article 172 of the Company Act are included in the agenda of this shareholders’ meeting, the main contents of such proposals can be found on the Market Observation Post System (MOPS) at: https://mopsplus.twse.com.tw/ → Electronic Books → Annual Reports and Shareholders’ Meeting Related Information. Please enter the company code and the applicable year to access the reference materials for each shareholders’ meeting proposal.

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E. In accordance with Article 165 of the Company Act, March 30th, 2026, to May 28th, 2026, is the share transfer prohibition period and suspension of employee stock option.

F. Shareholders may exercise their voting rights through the STOCKVOTE platform of Taiwan Depository & Clearing Corporation (https://stockservices.tdcc.com.tw) during the period from April 28th, 2026 to May 25th, 2026.

G. Each attendance notification and proxy form will be attached in this meeting notice. If the shareholder(s) is attending the meeting in person, please sign or stamp on the attendance notification and carry it to the check-in desk on the day of the meeting. In the case that an agent(s) is entrusted to attend the meeting, the shareholder(s) shall sign or stamp on the proxy form and personally fill out the name and address of the agent, then deliver the proxy form to the Transfer Agency Department of Horizon Securities Co., Ltd. at least 5 days prior (May 22nd, 2026) to the day of the meeting. The signed proxy form will serve as the sign-in card for agent(s) to represent your vote at the meeting.

H. Shareholders, solicitors, and proxy agents shall bring valid identification documents when attending the shareholders' meeting for verification purposes.

I. If a proxy is solicited by the shareholder(s), Andes is required to compile details on the proxy solicitation parties and disclose such information on the Securities & Futures Institute (SFI) website no later April 27th, 2026. Shareholder(s) can obtain information on proxy solicitation firms from the "Free proxy disclosure & related information system" (https://free.sfi.org.tw/), via the "proxy disclosure and meeting notices" search page.

J. The Transfer Agency Department of Horizon Securities Corp., Ltd. is the proxy tallying and verification institution for this annual general meeting.

K. These regulations should be abided and applied.

Sincerely,

Board of Directors
Andes Technology Corporation