Zhi-Chao Announces Board Resolution to Lift Non-Competition Restriction for Manager

1. Board Resolution Date: 115/08/11

2. Name and Title of Manager Permitted to Engage in Competitive Activities: Yu Hsiu-Chen / Director of Administration Department

3. Nature of Permitted Competitive Activities: Companies with business nature identical or similar to that of the Company

4. Duration of Permitted Competitive Activities: During the period of serving as a managerial officer of the Company

5. Resolution Outcome (Voting Result as per Article 32 of the Company Act): After the chairperson consulted all attending directors, the resolution was approved unanimously without objection.

6. Name and Title of Manager Engaging in Competitive Activities Related to Mainland China-based Business (Enter 'Not Applicable' if not applicable): Not Applicable

7. Name and Position Held in the Mainland China-based Enterprise: Not Applicable

8. Address of the Mainland China-based Enterprise: Not Applicable

9. Business Scope of the Mainland China-based Enterprise: Not Applicable

10. Degree of Impact on the Company's Financial and Business Operations: Not Applicable

11. Investment Amount and Shareholding Ratio if the Manager Invests in the Mainland China-based Enterprise: Not Applicable

12. Other Matters to be Disclosed: Name and Position Held in the Company: Yu Hsiu-Chen / Corporate Governance Officer and Director of Administration Department, Universe Technology Co., Ltd.