Why was the non-compete waiver granted for the directors?

It was approved through shareholder resolutions to facilitate synergies and optimize human resources across group companies.

Are there any limitations on this waiver?

The waiver applies only to the extent that it does not harm the company's interests, adhering to Article 209 of the Company Act.

What is a non-compete obligation?

A rule under company law that restricts directors from engaging in business that directly competes with the company they serve.

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[Taiwan Optical Platform] Subsidiary Taiwan Optical Telecom announces shareholder approval for waiver of non-compete obligations for directors

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On May 20, 2026, Taiwan Optical Telecom held its shareholders' meeting and approved the waiver of non-compete obligations for five directors, including Tsai Chao-hsun.

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Frequently Asked Questions

Q: Why was the non-compete waiver granted for the directors?: A: It was approved through shareholder resolutions to facilitate synergies and optimize human resources across group companies.
Q: Are there any limitations on this waiver?: A: The waiver applies only to the extent that it does not harm the company's interests, adhering to Article 209 of the Company Act.
Q: What is a non-compete obligation?: A: A rule under company law that restricts directors from engaging in business that directly competes with the company they serve.