ENE — Proxy Solicitation & Information Statement 2026

May 18, 2026

ENE TECHNOLOGY INC

Meeting Notice of Annual General Shareholders' Meeting

The 2026 Annual General Shareholders' Meeting (the "Meeting") of ENE Technology Inc. will be convened at 9:00 a.m., June 16th, 2026 at Room Newton (2F, No.1, Industry East 2nd Rd, Science-Based Industrial Park, Hsinchu).

A. The Agenda for the Meeting is as follows:

1. Report items:
2. 2025 Business report
3. 2026 Audit Committee’s review reports on 2025 Financial Statements
4. 2025 Report on related party transactions

5. Implementation report on the 2025 private placement of common shares

6. Acknowledgements:

7. To adopt 2025 Business Report and Financial Statements

8. To approve the Proposal for 2025 Loss Compensation

9. Discussion items:

10. Proposal to Issue New Shares through a Private Placement by Cash Capital Increase
11. Amendments of Articles of Incorporations

12. Release of Directors from Non-Competition clauses

13. Extemporary motions

B. Proposal to commence cash offering by private placement and issue employee stock options. (See attachment)

C. Pursuant to Article 209 of the Company Act, it is proposed that the shareholders’ meeting approve the release of the non-competition restrictions on corporate representative director Mr. Ro Shih Hao Howard and Ms. Vivian Hsu, and independent directors Mr. Chih-Ming Wu and Mr. Bo-Yung Chen during their term of office. Please refer to the shareholders’ meeting handbook for details.

D. For attendance notification and proxy form please refer to the Chinese version meeting notice. If the shareholder(s) is attending the meeting in person, please sign or stamp on the attendance notification form and bring to the check-in counter on the day of the meeting. In the case that an agent(s) is entrusted 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 Stock Transfer & Registrar Department of Yuanta Securities at least 5 days prior to the day of the meeting. The signed proxy form will serve as the sign-in

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card for agent(s) to represent your vote at the meeting.

E. The Stock Transfer & Registrar Department of Yuanta Securities is the proxy tallying and verification institution for this annual general meeting.

F. If a proxy is solicited by the shareholder(s), the details on the proxy solicitation parties will be disclosed on the Securities and Futures Institute (SFI) website by May 15th, 2026. Shareholder(s) can obtain information on proxy solicitation agencies from the “Free proxy disclosure & related information system” (http://free.sfi.org.tw), via the “proxy disclosure and meeting notices” search page.

G. For the main contents of this shareholders’ meeting, if any matters fall under Article 172 of the Company Act, in addition to those listed in the meeting notice, please visit the Market Observation Post System (MOPS) at https://mops.twse.com.tw and select: Single Company / Electronic Document Download / Annual Reports and Shareholders’ Meeting Materials / Annual Reports and Shareholders’ Meeting Materials (including Depositary Receipt Information), then enter the search criteria (company stock code or abbreviation and year) and search for “Reference Materials for Shareholders’ Meeting Proposals” or “Meeting Handbook and Supplemental Meeting Materials.”

H. Shareholders may exercise their right through electronic voting. Period for exercising electronic voting is May 17th ~ June 13th, 2026. Please visit voting site: http://www.stockvote.com.tw

I. Electronic Voting and collection of shareholder gift: 1. Eligibility: For shareholdings less than 1000 shares must attend the General Meeting in person or vote electronically to be eligible for the shareholders’ gift. 2. Shareholder gift: 7-11 voucher valued at NT$50 (or substitute of same value). 3. Assign an agent: please go to the agency (as listed on http://free.sfi.org.tw) during May 18th – June 10th of 2026 (for holdings more than 1000 shares only). 4. To find a convenient solicitation firm, please go to “proxy disclosure and meeting notices” on the website: http://free.sfi.org.tw 5. To attend meeting in person, please bring signed/stamped meeting notice to the meeting venue and collect shareholder gift which will only be distributed till end of the meeting. 6. Shareholder gift will not be distributed by post. 7. Shareholders using the electronic voting system may collect the shareholder gift at the Stock Transfer & Registrar Department of Yuanta Securities (B1, No. 67, sec. 2, Dunhua south Rd, Taipei) from July 14th to July 16th, 2026, 9am-4:30pm.

Sincerely,

Board of Directors

ENE TECHNOLOGY INC.

Attachment

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1. To support business development, seek industrial cooperation or strategic alliances, and meet future funding needs, the Company proposes to conduct a private placement cash capital increase by issuing up to 8,000,000 common shares, with a par value of NT$10 per share, in accordance with Article 43-6 of the Securities and Exchange Act and relevant regulations. The private placement may be carried out in up to two tranches within one year from the date of the shareholders' meeting resolution, provided that no material change in control will occur.

2. Pursuant to Article 43-6 of the Securities and Exchange Act and the relevant regulations, the matters to be explained are as follows:

(1) Basis for and reasonableness of the private placement price

The private placement price shall be no less than 80% of the higher of the prices calculated based on either:

A. the average closing price for the 1, 3, or 5 business days before the pricing date; or
B. the average closing price for the 30 business days before the pricing date, in each case adjusted for stock dividends, cash dividends, and capital reduction.

The actual pricing date and issue price will be determined by the Board of Directors based on market conditions and the status of selected strategic investors. Considering the transfer restrictions and limited liquidity of privately placed securities, the pricing basis is considered reasonable.

(2) Selection of specific persons, purpose, necessity, and expected benefits

The subscribers will be limited to strategic investors who meet the legal requirements, share the Company's business philosophy, and can help enhance technology, improve quality, reduce costs, increase operating efficiency, and expand market reach. No specific subscriber has been identified yet.

The Company intends to introduce strategic investors from related industries to support its long-term development, strengthen product and application expansion, and enhance sustainable operations.

(3) Reasons, amount, use of proceeds, and expected benefits

Considering market conditions, fundraising efficiency, issuance costs, and the long-term cooperation benefits arising from the three-year transfer restriction, the Company proposes to conduct a private placement instead of a public offering.

The Company plans to issue up to 8,000,000 common shares through private placement. The proceeds will be used for future strategic development, with expected benefits including improved operating performance, enhanced growth potential, stronger competitiveness, and positive effects on shareholders' equity.

(4) Material change in control

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If a material change in control occurs during the legally prescribed period, the Company shall engage an underwriter to issue an assessment opinion on the necessity and reasonableness of the private placement. When selecting subscribers, the Company will follow the principle that no material change in control shall occur.

(5) Rights and obligations

The privately placed common shares shall have the same rights and obligations as the Company’s existing common shares. Except as otherwise permitted by law, such shares may not be freely transferred within three years after delivery. After three full years, the Company will apply for public offering and listing in accordance with relevant regulations.

1. Except for the private placement pricing percentage, all major terms of the private placement, including the actual number of shares, issue price, issuance terms, use of proceeds, schedule, expected benefits, and other related matters, are proposed to be authorized to the Board of Directors for determination and adjustment based on market conditions, legal requirements, regulatory instructions, operational needs, or other objective circumstances.

2. It is proposed to authorize the Chairman or a person designated by the Chairman to sign, negotiate, and amend all contracts and documents relating to the private placement, and to handle all necessary matters on behalf of the Company.

3. For details of matters required to be disclosed regarding the private placement, please refer to MOPS at http://mops.twse.com.tw/ under “Investment Section / Private Placement Section,” and the Company’s website under “Private Placement Information.”