Taiwan Navigation Announces Change of Chairman

1. Date of board resolution or change occurrence: 115/06/12 2. Position (please enter Chairman or General Manager): Chairman 3. Name of former incumbent: Liu Wen-Ching 4. Former incumbent's resume: Chairman of Taiwan Navigation Co., Ltd. 5. Name of new appointee: Wei Chien-Hung 6. New appointee's resume: Director of China Airlines Corporation and Honorary Professor at National Cheng Kung University 7. Nature of change (please enter 'resignation', 'dismissal', 'end of term', 'job adjustment', 'redundancy', 'retirement', 'deceased', or 'new appointment'): New appointment 8. Reason for change: Corporate director Ministry of Transportation has reassigned its representative, and the board has re-elected accordingly 9. Effective date of new appointment: 115/06/12 10. Other matters to be disclosed (if the subject is a publicly issued company or above, this significant information also meets Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholders' rights or securities prices): None Keywords: Material Information