SUBSIDIARY NAME

JURISDICTION OF INCORPORATION

GEBR. SCHMID GMBH

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Germany

SCHMID SYSTEMS, INC.

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USA

SCHMID TECHNOLOGY SYSTEMS GMBH

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Germany

SCHMID SINGAPORE PTE. LTD.

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Singapore

SCHMID KOREA CO., LTD

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South Korea

SCHMID ASIA LTD.

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Hong Kong

SCHMID TECHNOLOGY GUANGDONG CO., LTD.

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China

SCHMID CHINA LTD.

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Hong Kong

SCHMID SHENZHEN LTD.

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China

SCHMID (KUNSHAN) CO., LTD.

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China

SCHMID TAIWAN LTD.

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Taiwan

SCHMID AUTOMATION (ZHUHAI) CO., LTD.

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China

SCHMID SOLAR (SHENZHEN) LTD.

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China

SCHMID TRADING (ZHONGSHAN) CO., LTD.

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China

SCHMID ASIA PACIFIC SDN. BHD.

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Malaysia

SCHMID ENERGY SYSTEMS GMBH

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Germany

PEGASUS DIGITAL MOBILITY CORP.

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Cayman Islands

PEGASUS MERGERSUB CORP.

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Cayman Islands