1.Date of the board of directors resolution:2019/10/02
2.Name and title of the managerial officer with permission to engage in
competitive conduct:Mike Chang, Chief Executive Officer
3.Items of competitive conduct in which the officer is permitted to engage:
World Peace Industrial Co., Ltd.: Mike Chang, Chief Executive Officer of
Yosun Industrial Corp.
Yosun Industrial Corp.: Mike Chang, Chief Executive Officer of World Peace
Industrial Co., Ltd.
4.Period of permission to engage in the competitive conduct:
During the tenure of the abovementioned managerial officers
5.Circumstances of the resolution (please describe the results of the voting
under Article 32 of the Company Act):This proposal was unanimously approved
by all directors present at Board of Directors meeting upon Chairman's
inquiry
6.If the permitted competitive conduct is business of a mainland China area
enterprise, the name and title of the managerial officer (if it is not
business of a mainland China area enterprise, please enter ”not applicable”
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.Business items of the mainland China area enterprise:N/A
10.Degree of effect on the Company's finances and business:N/A
11.If the managerial officer has invested in the mainland China area
enterprise, the monetary amount of the officer's investment and the
officer's shareholding ratio:N/A
12.Any other matters that need to be specified:None