Board of Directors' Statement on the Transaction's Compliance with Articles 11, 43, and 44 of the Management Measures for Major Asset Reorganizations of Listed Companies

Tianhao Energy Co., Ltd. Board of Directors' Statement on the Transaction's Compliance with Articles 11, 43, and 44 of the Management Measures for Major Asset Reorganizations of Listed Companies

Tianhao Energy Co., Ltd. (hereinafter referred to as the "Company") proposes to issue shares and pay cash to acquire 100.00% equity of Tianhao New Energy Co., Ltd. and raise supporting funds (hereinafter referred to as the "Transaction"). The Company's Board of Directors has reviewed the Transaction and, after careful comparison and prudent judgment, believes that the Transaction complies with the provisions of Articles 11, 43, and 44 of the Management Measures for Major Asset Reorganizations of Listed Companies, as detailed below:

I. The Transaction Complies with the Provisions of Article 11 of the Management Measures for Major Asset Reorganizations of Listed Companies