Material Information

2020-06-24

Announced by YFY Inc. on behalf of Union Paper Corporation for the new elected directors and supervisors

1.Date of occurrence of the change:2020/06/24
2.Elected or changed position (Please enter institutional director,
institutional supervisor, independent director, natural-person director or
natural-person supervisor):
Juristic-person director and its representatives, juristic-person
supervisor and its representative
3.Title, name and resume of the previous position holder:
Director:
The representative of YFY Inc. :Stephen Lin/
Chairman, Union Paper Corporation
The representative of YFY Inc. :Ray Chen/
Director, Union Paper Corporation
The representative of YFY Inc. :Rong-Ming Lin/
Director, Union Paper Corporation
The representative of YFY Inc. :Alex Chen/
Director, Union Paper Corporation
Li-Chu Chang/Director, Union Paper Corporation
Supervisor:
The representative of Gao Hsiang Co., Ltd.:Chung-Fu Wu/
Supervisor, Union Paper Corporation
4.Title, name and resume of the new position holder:
Director:
The representative of YFY Inc. :Wayne Liu/
President, Syntax Communication (H.K.) Co., Ltd.
The representative of YFY Inc. :Ray Chen/
Director, Union Paper Corporation
The representative of YFY Inc. : Rong-Ming Lin/
Director, Union Paper Corporation
The representative of YFY Inc. : Alex Chen/
Director, Union Paper Corporation
Li-Chu Chang/Director, Union Paper Corporation
Supervisor:
The representative of YFY Paradigm Investment Co., Ltd.:
Chung-Fu Wu/ Supervisor, Union Paper Corporation

5.Circumstances of change (Please enter “resignation”, “dismissal”,
“term expired”, “death” or “new appointment”):tenure expired
6.Reason for the change:tenure expired
7.Number of shares held by the new position holder when elected:
Director
The representative of YFY Inc. :Wayne Liu/19,584,000 shares
The representative of YFY Inc. :Ray Chen/ 19,584,000 shares
The representative of YFY Inc. : Rong-Ming Lin/ 19,584,000 shares
The representative of YFY Inc. : Alex Chen/ 19,584,000 shares
Li-Chu Chang/1,081,200 shares
Supervisor:
The representative of YFY Paradigm Investment Co., Ltd.:Chung-Fu Wu/
4,283,232 shares
8.Original term (from __________ to __________):2017/06/27~2020/06/26
9.Effective date of the new appointment:2020/06/24
10.Turnover rate of directors of the same term:NA
11.Turnover rate of independent directors of the same term:NA
12.Turnover rate of supervisors of the same term:NA
13.Change in one-third or more of directors (Please enter “Yes” or
“No”):No
14.Any other matters that need to be specified:None