Ambassador Hotel : The Board of directors approved the lifting of non-competition restrictions for managers.

 The Board of directors approved
the lifting of non-competition restrictions
for managers.

1.Date of the board of directors resolution:2022/03/08
2.Name and title of the managerial officer with permission to engage in
  competitive conduct:
 HSIEH,HAN-CHANG/President and Chief Operations Officer
 LEE,CHANG-LIN/Project President
 LEE,YUAN-CI/General Manager
 WANG,ZAI-JHENG/General Manager
 HSU,CHIA-YAO/Vice General Manager
 LIN,JIAN-LONG/Vice General Manager
 HE,JHONG-REN/Senior Director, Finance Supervisor and Accounting Supervisor
              and Corporate Governance Supervisor
3.Items of competitive conduct in which the officer is permitted to engage:
Business that is within or similar to the scope of the business of the
Company.
4.Period of permission to engage in the competitive conduct:Appointment term.
5.Circumstances of the resolution (please describe the results of voting in
accordance with Article 32 of the Company Act):
Since Director HSIEH,HAN-CHANG and Since Director LEE,CHANG-LIN and
Since Director HSU,CHIA-YAO had an interest in this proposal, them avoided
discussing and voting on this proposal, and the remaining directors in
attendance passed the proposal without objection.
6.If the permitted competitive conduct belongs to the operator of a mainland
China area enterprise, the name and title of the managerial officer
(if it is not the operator of a mainland China area enterprise, please enter
"N/A" below):N/A
7.Company name of the mainland China area enterprise and the officer's
position in the enterprise:N/A
8.Address of the mainland China area enterprise:N/A
9.Operations of the mainland China area enterprise:N/A
10.Impact on the company's finance and business:N/A
11.If the managerial officer has invested in the mainland China area
enterprise, the monetary amount of the investment and the officer's
shareholding ratio:N/A
12.Any other matters that need to be specified:None.