Removal of Director and Officer at Ostin Technology Group Co., Ltd.

Ostin Technology Group Co., Ltd. reported the removal of Mr. Lai Kui Sen as a director and Co-Chief Executive Officer following his indictment for securities fraud and wire fraud in the United States District Court for the Eastern District of Virginia. The Board of Directors also established a special committee, comprised of independent directors, to investigate the circumstances outlined in the indictment. The committee is authorized to take necessary actions and provide comprehensive reports to the Board. The Board authorized Maples Corporate Services Limited to update the Register of Directors and Officers and handle related filings with the Registrar of Companies.