FALCON — Proxy Solicitation & Information Statement 2026

May 22, 2026

Stock Code: 1516

FALCON

FALCON POWER CO., LTD.

Notice of 2026 Annual Meeting of Shareholders

(Summary Translation)

Time: 09:00 a.m. on June 25, 2026

Place: 11F., No. 495, Guangfu S. Rd., Xinyi Dist., Taipei City (Pacific Business Hotel)

Form of Meeting: Physical Shareholders’ Meeting

Agenda of 2026 Annual Meeting of Shareholders

1. Call the Meeting to Order
2. Chairperson’s Remarks
3. Reports:
   (1) Business Report of 2025
   (2) Audit Committee’s Review Report of 2025
   (3) Report on the Accumulated Losses Exceeding Half of the Paid-in Capital in 2025
   (4) Implementation of Private Placement of Securities in 2025
4. Proposals:
   (1) Adoption of the 2025 Business Report and Financial Statements
   (2) Adoption of the 2025 Accumulated Losses Offset
5. Discussions:
   (1) Proposal for Capital Reduction to Offset Accumulated Losses
   (2) Proposal for the Company to conduct a private placement of securities in 2026
6. Election Matters:
   (1) By-election of the 16th Independent Director
7. Other Matters:
   (1) Release of Non-Compete Restrictions for Directors
8. Extemporary Motions
9. Adjournment

Shareholders may attend in person or entrust appoint a proxy on that day, or exercise voting rights by way of electronic transmission during the period from May 26, 2026 to June 22, 2026. Please go to the website https://stockservices.tdcc.com.tw and choose e-Voting function to cast your votes.

Notification to Readers:

If there is any inconsistency between the English translation version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese version shall prevail.