Announcement on Re-election of Board of Directors at the 2019 Annual General Meeting

Announcement of Resolution Items from 2019 Annual General Meeting
June 27, 2019
Announcement to Permit Competitive Conduct by Officers
June 27, 2019
  1. Date of occurrence of the change: Jun 27, 2019
  2. Appointment of or changed personnel (juristic-person director, juristic-person supervisor, independent director, natural-person director or natural-person supervisor): juristic-person director, independent director
  3. Title, name and resume of the replaced person:
    Director       Michael Chang, Representative of Yi Tai Investment Co., Ltd /Chairman of the Board, OBI Pharma Inc.
    Director       Tamon Tseng, Representative of Yi Tai Investment Co., Ltd / Special Assistant to Legal Division, Ruentex Group
    Director       Lung-Yeh Cho, Representative of Sheng Cheng Investment Co., Ltd./ Special Assistant to President, Ruentex Group
    Director       Frank Chen, Representative of Sheng Cheng Investment Co., Ltd./VP, Investment Management Division, Ruentex Group
    Independent Director Jerry G. Fong/ Dean of the Graduate Institute of Technology, Innovation and Intellectual Property Management and Chairman of College of Law, National ChengChi               University
    Independent Director Chung-Ming Chang/Dean of the Institute of Microbiology and Immunology and Dean for Academic Affair, National YangMing University
    Independent Director Taychang Wang/Accounting Professor, National Taiwan University
  4. Title, name and resume of the replacement:
    Director        Tamon Tseng, Representative of Yi Tai Investment Co., Ltd / Special Assistant to Legal Division, Ruentex Group
    Director        Michael Chang, Representative of Yi Tai Investment Co., Ltd /Chairman of the Board, OBI Pharma Inc.
    Director        Lung-Yeh Cho, Representative of Sheng Cheng Investment Co., Ltd./ Special Assistant to President, Hui Hong Investment Co., Ltd
    Director        Frank Chen, Representative of Sheng Cheng Investment Co., Ltd./VP, Investment Management Division, Ruentex Group
    Independent Director Jerry G. Fong/Co-employed professor at the Graduate Institute of Technology, Innovation and Intellectual Property Management, National ChengChi University
    Independent Director Chung-Ming Chang/Honorary researcher at the National Health Research Institutes, Special Consultant at Feng Chia University and Distinguished Professor at the            Institute of Microbiology and Immunology, National YangMing University
    Independent Director TayChang Wang/Professor at National Taiwan University
  5. Type of the change (please enter: “resignation”, “discharge”, “tenure expired” or “new appointment” ): tenure expired
  6. Reason for the change: re-election due to tenure expired
  7. Number of shares held by the new personnel at the time of appointment:
    Director       Tamon Tseng, Representative of Yi Tai Investment Co., Ltd /25,765,032 shares
    Director       Michael Chang, Representative of Yi Tai Investment Co., Ltd /25,765,032 shares
    Director       Lung-Yeh Cho, Representative of Sheng Cheng Investment Co., Ltd./250,000 shares
    Director       Frank Chen, Representative of Sheng Cheng Investment Co., Ltd./250,000 shares
    Independent Director Jerry G. Fong /0 share
    Independent Director Chung-Ming Chang /0 share
    Independent Director TayChang Wang /0 share
  8. Original term (from __________ to __________): Jun 27, 2016 to Jun 26 2019
  9. Effective date of the new appointment: Jun 27, 2019
  10. Rate of turnover of directors of the same term: N/A
  11. Rate of turnover of supervisor of the same term: N/A
  12. Rate of turnover of independent director of the same term: N/A
  13. Change in one-third or more of directors (“Yes” or “No”): No
  14. Any other matters that need to be specified: None