Material Information

2020-09-24

YFY announced on behalf of YFY Consumer Products Co., Ltd., the new elected director

1.Date of occurrence of the change:2020/09/24
2.Elected or changed position (Please enter institutional director,
institutional supervisor, independent director, natural-person director or
natural-person supervisor):institutional director, independent director,
natural-person director, natural-person supervisor.
3.Title, name and resume of the previous position holder:
(1) Director
The representative of YFY Inc.: Felix Ho/Chairman, YFY Inc.
The representative of YFY Inc.: Willie Tsai / Director, YFY Inc.
The representative of YFY Inc.: Thomas Hsu / President, YFY Consumer Products
Co., Ltd.
The representative of YFY Inc.: Ronald Lee / President, YFY Investment Co.,
Ltd.
The representative of YFY Inc.: Daphne Chen / CFO, YFY Consumer Products
Co., Ltd.
(2) natural-person supervisor
K T Yin / Finance Vice President, YFY Inc.
Vincent Chan / Legal Assistant Vice President, YFY Inc.
4.Title, name and resume of the new position holder:
(1) Institutional director
The representative of YFY Inc.: Felix Ho/Chairman, YFY Inc.
The representative of YFY Inc.: Willie Tsai / Director, YFY Inc.
The representative of YFY Inc.: Ronald Lee / President, YFY Investment Co.,
Ltd.
(2) Natural-person director
Thomas Hsu / President, YFY Consumer Products Co., Ltd.
(3) Independent director
Meili Su /Certified Public Accountant of Xinlei CPA Firm.
Zhijian Lin/ Professor of Providence University and its Director of R&D.
Wanjuan Xie/ Deputy Director of Taiwan Health Foundation.
5.Circumstances of change (Please enter “resignation”, “dismissal”,
“term expired”, “death” or “new appointment”): re-election
6.Reason for the change: re-election
7.Number of shares held by the new position holder when elected:
(1) Institutional director
The representative of YFY Inc.: Felix Ho /178,905,565 shares
The representative of YFY Inc.: Willie Tsai /178,905,565shares
The representative of YFY Inc.: Ronald Lee /178,905,565 shares
(2) Natural-person director
Thomas Hsu / 482,800 shares
(3) Independent director
Meili Su / 0 shares
Zhijian Lin /0 shares
Wanjuan Xie /0 shares
8.Original term (from __________ to __________):2020/07/10 ~ 2023/07/09
9.Effective date of the new appointment:2020/09/24
10.Turnover rate of directors of the same term:Re-election, not applicable
11.Turnover rate of independent directors of the same term:Not applicable
12.Turnover rate of supervisors of the same term:Not applicable
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