May 3rd,2023. Taipei Taiwan : We are excited to announce that AZIO Electronics, AZIO
Energy and thingnario had officially signed a tripartite MOU to collaborate on promoting
energy monitoring system, Saas platform businesses to Japanese market.

With this MOU, we will leverage the strengths and resources of AZIO Electronics, AZIO
Energy, and thingnario to explore Japanese markets with market proven solution and pave
the way towards a smarter, more convenient, and eco-friendly future.

We believe that this collaboration will bring added value and opportunities to our customers
and business partners. We are committed to providing excellent products and services
through continuous innovation and improvement to create greater benefits for our
customers and partners.

AZIO Electronics Co., Ltd.

AZIO is an innovative company founded in 2011 to provide customers with innovative
products by distributing and designing with worldwide advanced semiconductors.
AZIO’s products are used in a variety of markets, especially for consumer and niche market
for Greater China and Japan market. By providing both hardware and software solution,
AZIO makes customers and users side easier to adopt its solution. AZIO stands for from A to
Z, connecting In and Out. For details, please visit at https://www.azio-tw.com

AZIO Energy Co., Ltd.

AZIO Energy founded in 2021 to provide renewable energy D.E.P.C.M (Developing,
Engineering, Procurement, Construction, Maintainance) solution to our customers and
business partners. We are committed to providing excellent green energy solutions and
services through continuous innovation and improvement with alliance parteners to the
business owners and partners. For details, please visit at https://azio-energy.com

tihngnario Co., Ltd.

thingnario utilizes the core technologies of IoT and AI, known as AIoT, to provide various
software services to the renewable energy industry through an innovative product line and
unique design, operating under a SaaS model. With a focus on cutting-edge, forward-looking
technologies, we assist renewable energy power plant owners and related management
teams worldwide in making informed decisions and improving plant efficiency, thereby
steadily increasing plant revenue over the long term. It is our hope to combine our
outstanding software and AI capabilities to bring revolutionary changes to the energy
industry.. For more details, please visit at https://www.thingnario.com