VeriSilicon announced that the second special meeting of independent directors of the third board of directors of the company was held on December 11, 2025 to review and pass two proposals. First, it was agreed to exempt the notice of this meeting for an insufficient period of time, and to acknowledge that the procedures for convening, holding, and voting at the meeting were legal. Second, due to claims and matters raised by the management of the target company and counterparties that deviated from the market environment, policy requirements, and the interests of the company and shareholders, after receiving its notice to terminate the transaction, the company agreed to terminate the issuance of shares and payment of cash to purchase assets and raise supporting capital. This matter will not adversely affect the company's operations. The above bill still needs to be submitted to the company's board of directors for consideration.

VeriSilicon announced that the second special meeting of independent directors of the third board of directors of the company was held on December 11, 2025 to review and pass two proposals. First, it was agreed to exempt the notice of this meeting for an insufficient period of time, and to acknowledge that the procedures for convening, holding, and voting at the meeting were legal. Second, due to claims and matters raised by the management of the target company and counterparties that deviated from the market environment, policy requirements, and the interests of the company and shareholders, after receiving its notice to terminate the transaction, the company agreed to terminate the issuance of shares and payment of cash to purchase assets and raise supporting capital. This matter will not adversely affect the company's operations. The above bill still needs to be submitted to the company's board of directors for consideration.