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[Arcadyan] Announcement of the Resolution of the 2026 Annual General Meeting Regarding the Waiver of Non-Compete Restrictions for New Directors

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Arcadyan announced that at the 2026 Annual General Meeting held on May 27, shareholders approved the waiver of non-compete restrictions for nine new directors, including Chen Jui-tsung, in accordance with Article 209 of the Company Act. This allows directors to hold concurrent positions in Compal Group's mainland China subsidiaries, provided it does not harm the company's interests. The company stated there is no material impact on its financial or business operations.

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Frequently Asked Questions

Q: What is Article 209 of the Taiwan Company Act?
A: It requires directors to obtain shareholder approval before engaging in any business activities that compete with the company's scope of operations.