Shareholders' meeting has approved to release the Directors from non-competition restrictions.

 Shareholders' meeting has approved to release
the Directors from non-competition restrictions.

1.Date of the shareholders meeting resolution:2022/06/24
2.Name and title of the director with permission to engage in competitive
  conduct:
(1)Min-Hsiung Liu, Director of the Board
(2)Kuei-Sung Tseng, Director of the Board
(3)Wen-Chou Li, Director of the Board
3.Items of competitive conduct in which the director is permitted to engage:
(1)Min-Hsiung Liu: Director of CSC Steel Sdn. Bhd.,
Director of CSC Steel Holdings Bhd.
(2)Kuei-Sung Tseng: Chairman of CSCI Steel Corporation India Private Limited.
(3)Wen-Chou Li: Assistant Vice President of Commercial Division,
China Steel Corporation
4.Period of permission to engage in the competitive conduct:
During the term of being the director of the Company.
5.Circumstances of the resolution (please describe the results of voting in
accordance with Article 209 of the Company Act):
The resolution was adopted by a large majority of two thirds of the voting
powers of the shareholders present at a shareholders' meeting who present
a half of the total number of issued shares.
6.If the permitted competitive conduct belongs to the operator of a mainland
China area enterprise, the name and title of the directors
(if it is not the operator of a Mainland-area enterprise, please enter
"N/A" below):N/A
7.Company name of the mainland China area enterprise and the director'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:None.
11.If the directors have invested in the mainland China area enterprise,
the monetary amount of the investment and their shareholding ratio:None.
12.Any other matters that need to be specified:None.