Chiao Fu Announces Shareholders' Meeting Resolution to Lift Restrictions on Competitive Activities for Newly Appointed Directors and Independent Directors

1. Shareholders' Meeting Resolution Date: 115/06/29

2. Names and Titles of Directors Permitted to Engage in Competitive Activities: (1) Zhan Zheng-Gan: Chairman, Yi-Jin Industrial Co., Ltd. (2) Chen Pei-Ran: Chairman, Ju-Ho Industrial Co., Ltd.

Independent Directors: (1) Tsai Jin-Xiang: Director, Guang-Cheng Industrial Co., Ltd. (2) Jiang Zong-You: General Manager, Song-Xun Commercial Co., Ltd.; General Manager, Dian-Tong Precision Co., Ltd. (3) Wu Cai-Qian: Business Manager, Chang-Jing Xing-Ye Co., Ltd.

3. Permitted Competitive Activities: Business activities similar to the company's scope of operations.

4. Duration of Permitted Competitive Activities: During the term of office as director of the company. During the term of office as independent director of the company.

5. Resolution Outcome (Voting Results under Article 209 of the Company Act): The proposal was approved as submitted.

6. Directors Engaging in Competitive Activities Related to Businesses in Mainland China (Enter 'Not Applicable' if not applicable): Not Applicable

7. Company Name and Position Held in Such Mainland China Business: Not Applicable

8. Address of Such Mainland China Business: Not Applicable

9. Business Scope of Such Mainland China Business: Not Applicable

10. Impact on the Company's Financial and Business Operations: None

11. If Directors Have Invested in Mainland China Businesses, Investment Amount and Shareholding Ratio: None

12. Other Matters to be Disclosed: None