4722 Qualipoly: Shareholder Meeting Approval for Waiving Non-Compete Restrictions for Director

On May 25, 115, Qualipoly (4722) announced that the annual shareholder meeting approved the waiver of non-compete restrictions for a director. The director is Independent Director Ho Hung-en. The permitted non-compete activity is his role as a supervisor and deputy general manager at Chia-Tai Materials Co., Ltd. The waiver is valid for the duration of his tenure as a director at Qualipoly. The resolution was passed as proposed in accordance with Article 209 of the Company Act. The waiver does not apply to business operations in mainland China.