Up Young Cornerstone : Announcement of Annual General Shareholders’ Meeting Approved to release the Prohibition on Directors from Participation in Competitive Business.

 Announcement of Annual General Shareholders' Meeting
Approved to release the Prohibition on Directors
from Participation in Competitive Business.

1.Date of the shareholders' meeting resolution: 2022/06/22
2.Name and title of the managerial officer with permission
 to engage in competitive conduct:
Director:Wu, Ming-Fu
Director:Huang, Bao-Ching
Director:Su, Shin-An
Independent director：Chang, Chun-Te
3.Items of competitive conduct in which the officer is
permitted to engage:
Companies with the same or similar business scope as the Company
4.Period of permission to engage in the competitive conduct:
Within period of serving as director of company.
5.Circumstances of the resolution (please describe the
results of voting in accordance with Article 209 of the
Company Act):
The resolution was adopted by two-thirds or more of the attending
shareholders who represent a majority of the total number of the Company's
outstanding shares.
6.If the permitted competitive conduct belongs to the
operator of a mainland China enterprise, the name and
title of the directors (if it is not the operator of
a mainland China enterprise, please enter "N/A" below): Not applicable.
7.Company name of the mainland China enterprise and the
officer's position in the enterprise: Not applicable.
8.Address of the mainland China enterprise: Not applicable.
9.Operations of the mainland China enterprise: Not applicable.
10.Impact on the company's finance and business: None
11.If the directors have invested in the mainland China
enterprise, the monetary amount of the investment and
their shareholding ratio: Not applicable.
12.Any other matters that need to be specified: None