1. Date of the board of directors resolution: 2015/06/09
2. Name and title of the managerial officer with permission to engage in competitive conduct:
Chairman: Douglas Tong Hsu
Vice Chairman: Johnny Shih
Directors: Humphrey Cheng, K.S. Wu, Justin Tsai
3. Items of competitive conduct in which the officer is permitted to engage: To currently act as a managerial personnel of another company, or operate any business which is the same as or in semblance of the company’s.
4. Period of permission to engage in the competitive conduct: Within the period of serving as the managerial officers of the company.
5. Circumstances of the resolution (please describe the results of the voting under Article of 209 of the Company Act): Approved by the BOD.
6. If the permitted competitive conduct is business of a mainland China area enterprise, the name and title of the managerial officer (if it is not a mainland China area enterprise, please enter “not applicable”):
Directors: Humphrey Cheng, K.S. Wu, Justin Tsai
7. Company name of the mainland China area enterprise and the officer’s position in the enterprise:
(a) Humphrey Cheng, Director: Chairman of Oriental Petrochemical (Yangzhou) Corp., Chairman of Far Eastern Union Petrochemical (Yangzhou) Ltd., Director of Tong Da Gas Industries (Yangzhou) Ltd.
(b) K. S. Wu, Director: Chairman of Tong Da Gas Industries (Yangzhou) Ltd., Director of Far Eastern Union Petrochemical (Yangzhou) Ltd.
(c) Justin Tsai, Director: Directors of Oriental Petrochemical (Yangzhou) Corp., Far Eastern Union Petrochemical (Yangzhou) Ltd., Tong Da Gas Industries (Yangzhou) Ltd.
8. Addresses of the mainland China area enterprises:
Oriental Petrochemical (Yangzhou) Corp./ No.8, Yadong Rd., Yizheng City, Jiangsu Province
Far Eastern Union Petrochemical (Yangzhou) Ltd./ No.8, Yadong Rd., Yizheng City, Jiangsu Province
Tong Da Gas Industries (Yangzhou) Ltd./ No.8, Yadong Rd., Yizheng City, Jiangsu Province
9. Business items of the mainland China area enterprise:
(a) Oriental Petrochemical (Yangzhou) Corp.: Manufacture and distribution of EA, EC, AEO, PEG and MPEG.
(b) Far Eastern Union Petrochemical (Yangzhou) Ltd.: Manufacture and distribution of fiber-grade MEG, industry-grade MEG, DEG, TEG and EO
(c) Tong Da Gas Industries (Yangzhou) Ltd.: Construction and lease of C2 tank, as well as manufacture/distribution of gas
10. Degree of effect on the company’s finance and business: NIL