CHENG LOONG

 Announce adoption of the motion for termination of
non-competition restrictions imposed on managers passed
upon resolution by the Company's Board of Directors

1.Date of the board of directors resolution:2023/03/14 
2.Name and title of the managerial officer with permission to engage in 
competitive conduct: 
(1)Ching-Biao Chang:President 
(2)Tai-Lang Ho:Head of Accounting Division 
3.Items of competitive conduct in which the officer is permitted to engage: 
Allowed to serve as a director or manager for another profit-seeking 
business concurrently and engage in the similar business on its own 
or for another person 
4.Period of permission to engage in the competitive conduct: 
When serving as a manager of the Company 
5.Circumstances of the resolution (please describe the results of voting in 
accordance with Article 32 of the Company Act): 
The motion is approved by all present directors unanimously 
upon the chairperson's inquiry 
6.If the permitted competitive conduct belongs to the operator of a mainland 
China area enterprise, the name and title of the managerial officer (
if it is not the operator of a mainland China area enterprise, please enter 
“N/A” below):N/A 
7.Company name of the mainland China area enterprise and the officer's 
position in the enterprise:N/A 
8.Address of the mainland China area enterprise:N/A 
9.Operations of the mainland China area enterprise:N/A 
10.Impact on the company's finance and business:N/A 
11.If the managerial officer has invested in the mainland China area 
enterprise, the monetary amount of the investment and the officer's 
shareholding ratio:N/A 
12.Any other matters that need to be specified:None