Yen Chou Announces Election of New Independent Director at 115th Annual Shareholders Meeting

1. Date of Change: 115/06/23

2. Category of Appointed or Changed Personnel (please specify: corporate director, corporate supervisor, independent director, individual director, or individual supervisor): Independent Director

3. Former Personnel’s Title and Name: Not applicable

4. Former Personnel’s Biography: Not applicable

5. New Personnel’s Title and Name: Independent Director Lin Chien-Fu

6. New Personnel’s Biography: Independent Director Lin Chien-Fu / President of Taiwan Institute of Economic Research

7. Nature of Change (please enter 'resignation', 'removal', 'end of term', 'deceased', or 'new appointment'): New Appointment

8. Reason for Change: Supplementary election

9. Number of Shares Held by New Appointee at Time of Election: Independent Director (1) Lin Chien-Fu --- 0 shares

10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): Not applicable

11. Effective Date of New Appointment: 115/06/23

12. Turnover Rate of Directors Within Same Term: 14.28%

13. Turnover Rate of Independent Directors Within Same Term: 33.33%

14. Turnover Rate of Supervisors Within Same Term: Not applicable

15. Is the Change Involving One-Third or More of the Directors? (please enter yes or no): No

16. Other Matters to be Disclosed (if the subject of the event or resolution is a publicly issued company or above, this significant information also meets the criteria under Article 7, Paragraph 6, Item 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholders’ rights or stock prices): None