HD Renewable Energy Statement – Oct. 21, 2026

Since its establishment in 2016, HD Renewable Energy Co., Ltd. has consistently upheld the principles of integrity and compliance with all applicable laws and regulations. The Company strictly requires all employees to comply with applicable laws and regulations in conducting business activities and does not tolerate any unlawful conduct or regulatory violations.

Regarding the investigation conducted by law enforcement authorities on October 21, 2026, the Company is fully cooperating with the relevant authorities and assisting in clarifying the facts of the case. The Company’s operations remain normal, and the investigation has no material impact on its financial condition or business operations.

HD Renewable Energy continues to focus on applications including behind-the-meter energy storage, AI-powered electricity trading, charging services, and energy equipment, integrating energy management, dispatch, and market trading to expand the Group’s smart power business through hardware and software integration and diversified energy services.

In Australia, the Templers BESS project in South Australia ranked first in electricity trading performance across the state over the past 30 days. In Japan, the Helios BESS project in Hokkaido achieved a POP (perentage of perfect) of 95.6% in early October, demonstrating the Group’s capabilities in market forecasting, trading strategies, and energy storage dispatch.

In addition, five products under the Company’s proprietary energy equipment brand, TAITEN, recently obtained Japan’s JC-STAR ★1 cybersecurity certification, further strengthening its product foundation for expansion in the Japanese market and supporting HD Renewable Energy’s energy storage development and operations in Japan.