ky — Proxy Solicitation & Information Statement 2026

May 21, 2026

Kuoyang Development Co., Ltd.
Meeting Notice
Annual General Shareholders' Meeting
(Summary Translation)

The 2026 Annual General Shareholders' Meeting (the "Meeting") of Kuoyang Development Co., Ltd. (the "Company") will be convened at 9:00 a.m., Tuesday, June 9, 2026. At Grand Hilai Hotel Taipei 6th Floor, Universal Pavilion No. 168, Jingmao 1st Road, Nangang District Taipei City

1. The agenda for the Meeting is as follows:

(1) Report Items
I. The 2025 Business Report.
II. The Audit Committee’s Review Report on the 2025 Financial Statements.
III. The 2025 Employee’s profit sharing bonus and Director’s compensation.
IV. The 2025 Earnings Distribution of cash dividends.
V. The 2025 remuneration to Directors Report

(2) Proposed Resolutions
I. The 2025 Business Report and Financial Statements.
II. The 2025 Earnings Distribution Statement.

(3) Matters for Discussion
Amendment $\left\lceil$ of the Articles of Incorporation $\right\rceil$

(4) Election Matters
Fully elect the company’s Director

(5) Other Matters
Proposal for release of Directors from non-competition restrictions

(6) Extraordinary Motions

(7) End of Meeting

1. The major items of the proposal for distribution plan of 2025 resolved by the Board of Directors meeting are as follows:
   Cash dividends – Totaling NT$380,000,000 the proposed dividend is NT$ 1 per share. The chairman has been authorized by the Board of Directors to resolve the ex-dividend date.

2. The main content of the proposals pursuant to Article 172 of the Company Act of the Republic of China, please refer to the handbook for the 2026 annual meeting of shareholders

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1. Pursuant to Article 165 of the Company Act, the Company hereby closes the share transfer registration from April 11, 2026 to June 9, 2026.

2. One copy of the attendance notification form and proxy form will be attached to this meeting notice. If the shareholder(s) is attending the meeting in person, please sign or stamp on the attendance notification from 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 Grand Fortune Securities Corporation Registrar Transfer Department at least 5 days prior 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.

3. If a proxy is solicited by the shareholder(s), is required to compile details on the proxy solicitation parties and disclose such information on the Securities & Future Institute (SFI) website no later than May 9, 2026. Shareholder(s) can obtain information on proxy solicitation firms from the “Free proxy disclosure & related information system” (http://free.sfi.org.tw), via the “proxy disclosure and meeting notices” search page.

4. Voting by electronic means is accepted in this Shareholders' Meeting. For voting electronically, please go to "Shareholder E-Voting Platform" (https://www.stockvote.com.tw) at the website of Taiwan Depository & Clearing Corporation between May 9, 2026, and June 6, 2026, and following the voting procedures.

5. The Transfer Agency Department of Grand Fortune Securities Co., Ltd. is the proxy tallying and verification institution for this Annual meeting.

6. Fully elect the company's Director. The election of director shall use a candidate nomination system, with the shareholders electing the director from a candidate list. The candidate list was released in https://mopsov.twse.com.tw/mops/web/t146sb10

Type	Candidates
Director	Cheng Chi Corporation Co., Ltd
Representative: Ho,hsi-fong
Director	Cheng Chi Corporation Co., Ltd
Representative: Ho,Chia-Chi
Director	Chi Chan Industries Co.,Ltd.
Representative: Peng,Shao-Ling
Director	Chi Chan Industries Co.,Ltd.
Representative: Ruan,Chien-Pung
Director	Pai di Development Industrial Co., Ltd.
Representative: Sannie Huang
Director	Pai di Development Industrial Co., Ltd.
Representative: Yang , Yung-Hung
Independent Director	Chou Chung Chin
Independent Director	Hsu, Miao-Chiu
Independent Director	Lin Fang-Chi

Board of Directors

Kuoyang Development Co., Ltd.