1. Date of Incident: June 30, 2026 2. Company Name: Formosa Oils & Fats Co., Ltd. 3. Relationship to Company: Parent Company 4. Cross-shareholding Ratio: Not applicable

5. Cause of Incident: On June 30, 2026, Formosa Oils received a recall notification from its contract manufacturer, "Chung Lian Oils & Fats Co., Ltd." It was confirmed that a portion of the supplied salad oil (Batch No.: 0409315) contained benzo(a)pyrene (BaP) levels exceeding regulatory safety standards.

6. Response Measures: (1) Upon receiving the notification, Formosa Oils immediately suspended all shipments of finished products related to this batch. The company promptly initiated a full traceability investigation of the product distribution chain, launched a recall and shelf removal campaign, and completed reporting to the relevant regulatory authorities on June 30, 2026.

(2) This incident is an isolated case originating from an upstream supplier. In strict adherence to high food safety standards, the company has immediately implemented enhanced internal quality controls. All future product batches will undergo rigorous self-inspection, and only those confirmed to meet all regulatory requirements will be approved for shipment. This rigorous approach underscores our commitment to protecting consumer rights and safety.

7. Additional Disclosures: The financial impact of this affected batch is not material to the company’s overall financial condition. As the subject company is publicly listed, this announcement qualifies as material information under Article 7, Clause 9 of the Enforcement Rules of the Securities and Exchange Act, which pertains to matters significantly affecting shareholder rights or securities prices.

FACT BOX

  • Source: PR Times
  • Category: News