Major Resolutions of Board Meetings

2016.10.27 Board of Directors’ meeting

Major resolutions of Board of Directors’ meeting:

To approve changes to personnel.
To draw up endorsement and guarantee for subsidiaries.
To approve the funds lending to subsidiaries.
To apply for rising in capital limit and contract renewal with corresponding banks to meet the company’s needs.
To provide the Letter of Support to subsidiaries (Taiflex Scientific (Kunshan) Co., Ltd.).
To approve 2017 annual audit plan of Internal Audit Department.
To determine Board of Directors’ meeting dates in fiscal year 2017.