The board of directors of Greatek Electronics Inc. resolved to adjust the position of CEO. Date of occurrence of the change is February 24, 2023. Name, title, and resume of the previous position holder: Boris Hsieh, Chairman and CEO of the Company.

Reason for the change: To strengthen the corporate governance, Chairman Boris Hsieh no longer concurrently serves as CEO. Effective date is February 24, 2023.