Material Information

2023-06-21

On behalf of Union Paper Corporation, YFY Inc. announced for the resolution of shareholders' meeting of releasing directors from non-competition restrictions

.Date of the shareholders meeting resolution:2023/06/21
2.Name and title of the director with permission to engage in competitive
conduct:
YFY Inc./ Institutional director
Wayne Liu/ Chairman
Ray Chen/ Director
Alex Chen/ Director
Shih-Ming Chen/ Director
Li-Chu Chang/ Director
3.Items of competitive conduct in which the director is permitted to engage:
Positions of directors in companies with the same or similar scope of
business to Union Paper Corporation
4.Period of permission to engage in the competitive conduct:
Permission valid until re-election
5.Circumstances of the resolution (please describe the results of voting in
accordance with Article 209 of the Company Act):Proposal approved upon voting
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):Ray Chen/ Director
7.Company name of the mainland China area enterprise and the director's
position in the enterprise:
Ray Chen/ Director, Shenzhen Jinglun Paper Co., Ltd.
8.Address of the mainland China area enterprise:
Room 1705, Tongxin Building 17F, No. 5020, Binhe Avenue, Futian Dist.
Shenzhen City, Guangdong Province
9.Operations of the mainland China area enterprise:
Paper trading, cargo and technic Import and export business
10.Impact on the company's finance and business:NA
11.If the directors have invested in the mainland China area enterprise,
the monetary amount of the investment and their shareholding ratio:NA
12.Any other matters that need to be specified:None