[Farglory Hotel] Announcement regarding the resolution to waive non-compete restrictions for new directors and their representatives

1. Date of Shareholders' Meeting: 115/05/20 2. Names and titles of directors permitted to engage in competitive conduct: (1) Farglory International Investment Co., Ltd. (2) Farglory International Investment Co., Ltd. Juristic Person Representative: Director Wu Hsiang-sheng (3) Farglory International Investment Co., Ltd. Juristic Person Representative: Director Jao Ming-chang (4) Far Eastern Construction Enterprise Co., Ltd. (5) Far Eastern Construction Enterprise Co., Ltd. Juristic Person Representative: Director Chen Mei-ling (6) Far Eastern Construction Enterprise Co., Ltd. Juristic Person Representative: Director Liu Ming-fang (7) Independent Director Su Cheng-tien (8) Independent Director Chou Yin-chung 3. Items of permitted competitive conduct: Companies with business scopes identical or similar to the Company. 4. Duration of permission: During the tenure as a director of the Company. 5. Status of resolution (Voting results pursuant to Article 209 of the Company Act): Passed by voting as proposed. 6. Names and titles of directors if the permitted competitive conduct involves operations in Mainland China (if not applicable, please state "N/A"): N/A 7. Company name and title in the Mainland China operations: N/A 8. Address of the Mainland China operations: N/A 9. Business scope of the Mainland China operations: N/A 10. Impact on the Company's financial or business operations: N/A 11. Investment amount and shareholding ratio if the director has invested in the Mainland China operations: N/A 12. Other matters to be disclosed: None.