Continental: On behalf of the subsidiary, CDC Commercial Development Corporation, to announce the lifting of non-competition restrictions for directors

Provided by: CONTINENTAL HOLDINGS CORP.

SEQ_NO

3

announcement date

2022/04/20

Announcement time

15:51:16

Matter

 On behalf of subsidiary, CDC Commercial
Development Corporation, to announce the lifting
non-competition restrictions for directors

Date of events

2022/04/20

What item it responds to

paragraph 21

Statement

1.Date of the shareholders meeting resolution:2022/04/20
2.Name and title of the director with permission to engage in competitive
  conduct:
Representative of Continental Development Corporation：Tsun-Sen Liao
Representative of Continental Development Corporation：John Huang
Representative of Continental Development Corporation：Cindy Chang
3.Items of competitive conduct in which the director is permitted to engage:
The job positions with same or related business scope appointed
by the Company
4.Period of permission to engage in the competitive conduct:
Within the period of serving as a director of the Company
5.Circumstances of the resolution (please describe the results of voting in
accordance with Article 209 of the Company Act):
The proposal has been passed by more than half of the vote of the
shareholders presented in a meeting attended by shareholders representing
more than two thirds of the shares outstanding without the attendance of
the interested director
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):N/A
7.Company name of the mainland China area enterprise and the director's
position in the enterprise:N/A
8.Address of the mainland China area enterprise:N/A
9.Operations of the mainland China area enterprise:N/A
10.Impact on the company's finance and business:None
11.If the directors have invested in the mainland China area enterprise,
the monetary amount of the investment and their shareholding ratio:N/A
12.Any other matters that need to be specified:None