WELLELL — Proxy Solicitation & Information Statement 2026

May 26, 2026

Wellell Inc.
Notice of 2026 Annual General Shareholders' Meeting
(Translation)

Dear Shareholders,

1. The 2026 Annual General Shareholders' Meeting of Wellell Inc. will be held at 9:00 a.m. on Thursday, June 25, 2026, at No. 9, Minsheng Street, Tucheng District, New Taipei City, Taiwan. Registration for shareholders will begin at 8:30 a.m. at the same venue. The meeting will be held by physical shareholders' meeting. The agenda is summarized as follows:

(1) Report Items:
1. 2025 Business Report.
2. Audit Committee’s Review Report on the 2025 Financial Statements.
3. 2025 Employee and director Remunerations Distribution Status Report.
4. 2025 Appropriated Earnings Cash Dividends Report.

(2) Ratification Items:
1. Proposal for Ratification of 2025 Business Report and Financial Statements.
2. Proposal for the 2025 Earnings Distribution.

(3) Discussions Items:
1. Proposal to amend the “Articles of Incorporation.”
2. Proposal to amend the “Rules of Procedure for Shareholders’ Meetings.”

(4) Extempore Motions.

1. In accordance with Article 165 of the Company Act, the share transfer registration will be suspended from April 27, 2026 to June 25, 2026.

2. The proposal for distribution of 2025 earnings has been approved by the Board of Directors. The main contents are as follows: a cash dividend of NT$100,911,557 will be distributed from the distributable earnings of 2025, equivalent to a cash dividend of NT$1 per share.

3. Pursuant to Article 172 of the Company Act, matters that should be specified and explained in the notice of meeting may be found on the Market Observation Post System (MOPS). Website: https://mops.twse.com.tw

4. In addition to the public announcement made on MOPS, this notice together with a proxy form is hereby sent to you. Shareholders are requested to attend the meeting in person. If you appoint a proxy to attend the meeting, please complete and sign/seal the proxy form attached as the fifth page of this notice and deliver it to the Company’s stock affairs agent, Grand Fortune Securities Co., Ltd. Stock Affairs Department, at least five days prior to the meeting date.

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1. If a shareholder intends to solicit proxy forms, the Company will upload the relevant information to the website of the Securities and Futures Institute by May 25, 2026. Website: https://free.sfi.org.tw (Stock Code: 4106).

2. Shareholders may exercise voting rights electronically for this Annual General Shareholders' Meeting from May 26, 2026 to June 22, 2026. Please log in to the Taiwan Depository & Clearing Corporation's "Stock Services" website (https://stockservices.tdcc.com.tw) and follow the relevant instructions for electronic voting.

3. The Company has appointed Taishin Securities Co., Ltd. Stock Affairs Department as the institution responsible for verification of proxy forms for this shareholders' meeting.

4. Please oversee the matter accordingly.

Board of Directors
Wellell Inc.