Tairoun Products has formulated an Intellectual Property Management Plan starting from 2023, with the following plan details:

I. Objectives of the Plan
The purpose of the plan is to establish a robust intellectual property management system and continuously promote it to protect the company's brand image, safeguard business confidentiality, strengthen competitive advantages, enhance corporate profitability, achieve operational goals, and ensure sustainable business operations based on the company's needs.

II. Intellectual Property Protection Policy Objectives
1. Ensure the integrity of the company's intellectual property.
2. Prevent infringement of others' intellectual property.
3. Emphasize the development and establishment of intellectual property.
4. Maximize the benefits derived from intellectual property.
5. Regularly disclose the execution status to the highest governing body and the public.

III. Protection Measures
1. Regular Trademark and Patent Monitoring
Thoroughly grasp market and industry information to understand the latest developments of similar products in the market.

2. Regular Information Sharing
Collect information from various sources and internally share the latest industry processes, formulations, raw materials, etc., to stimulate the creativity of research and development personnel and cultivate research and development potential.

3. Regular Maintenance and Review
  a. Trademarks
Regularly review the use of registered trademarks to assess the need for continued extension. Plan new trademark registrations in advance based on the company's future product development.
  b. Patents
Evaluate the possibility of applying for patents for relevant process technologies to maintain a competitive advantage in the industry.
  c. Trade Secrets
    (1) Access Control
All business locations have access control, and locations storing trade secrets are separately locked, managed by designated supervisors responsible for related storage matters.
    (2) Information Security Management
Personal computers are password-protected according to the information security maintenance plan. Trade secrets are stored on portable hard drives, managed by designated supervisors, and password-protected, with regular updates.
    (3) Review Meetings
All business secrets are approved and recorded by review meetings, and the same applies when decrypting. Relevant meeting participants are required to sign confidentiality agreements.

4. Education and Training
  a. New employees sign copyright assignment agreements and confidentiality agreements upon joining and are included in the new employee education and training program to reinforce concepts of copyright and confidentiality.
  b. Conduct annual internal education and training on information security and copyright to continuously strengthen employees' relevant concepts.

IV. Regular Reporting of Execution Status
The company reports intellectual property-related matters to the board of directors every fourth quarter and announces them on the company's website in the Intellectual Property section after the report.

Tairoun Products Industries established its Intellectual Property Management Plan on November 8, 2023. The plan aims to protect the company's brand image, safeguard business confidentiality, strengthen competitive advantages, enhance corporate profitability, achieve operational goals, and ensure sustainable business operations. It is established based on the company's needs, creating a sound intellectual property management system and consistently promoting it. The company commits to reporting the execution status to the board of directors at least once annually.

Summary of Intellectual Property Management and Execution for the Year 2023:

The key focus of the 2023 was to conduct an inventory of the company's existing patents and trademarks.

**Patent Management:**
As of now, the company has not applied for any patents.

**Trademark Management:**
Currently, the company holds a total of 10 trademarks within the exclusive period. The details are provided in the table below:

The product categories are categories 29, 30, 31, and 32 respectively. The various products are as follows:

Overview of the current trademarks that have been applied for and are in effect reveals the following situations. The proposed key intellectual property initiatives for 2024 are as follows:

1. **Evaluation of Trademarks for Discontinued Products:**
  - Assess the continued maintenance of trademarks associated with products that are currently discontinued.
2. **Evaluation of Protection Level for Currently Used Trademarks:**
  - Evaluate the level of protection for trademarks currently in use.
3. **Assessment of Various Combinations of Trademarks:**
  - Evaluate the effectiveness of applying for trademarks in various combinations, such as combining Chinese characters with graphic elements or combining English characters with graphic elements.
4. **Competitor and Similar Trademarks:**
  - In the fiscal year 2023, conduct searches for trademarks related to identical or similar products to identify any potential conflicts. No similar trademarks were found, and there were no new applications that posed concerns.

These initiatives aim to strategically manage and optimize the portfolio of trademarks, ensuring their relevance, effectiveness, and protection in alignment with the company's business objectives for the year 2024.

As shown above.

Summary of the Execution Status for the Fiscal Year 2023, as reported to the board of directors on December 18, 2023:

1. **Patents:**
  - The company currently does not hold any patents.
2. **Trademarks:**
  - The company currently possesses 10 trademarks.
3. **Search for Competitor and Similar Trademarks:**
  - In the current fiscal year, searches were conducted for trademarks related to identical or similar products. No trademarks similar to those held by the company were identified, and there were no concerns raised regarding new trademark applications.

This summary provides an overview of the intellectual property landscape for the fiscal year 2023 and highlights the current status of patents and trademarks within the company.