What is the non-compete waiver for Tung Ho Steel directors?

It is an approval process that allows directors to hold concurrent positions in other companies or engage in similar business activities during their term.

Why is this disclosure important?

It ensures transparency regarding corporate governance and potential conflicts of interest, as required by Taiwan's securities regulations.

What is the relationship with Fujian Zhongrid 金属?

It is a steel (tinplate) investment in China owned by Tung Ho Steel; the waiver allows directors to formally hold concurrent roles there.

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[Tung Ho Steel] Shareholders' Meeting Resolution on Waiver of Non-Compete Obligations for New Directors and Representatives

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AI Summary (NQ-processed)

At the shareholders' meeting on May 22, 2026, Tung Ho Steel approved the waiver of non-compete obligations for its newly appointed directors and their representatives. This authorization allows designated directors and their representatives to engage in business activities within the company's scope of operations during their tenure.

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Frequently Asked Questions

Q: What is the non-compete waiver for Tung Ho Steel directors?: A: It is an approval process that allows directors to hold concurrent positions in other companies or engage in similar business activities during their term.
Q: Why is this disclosure important?: A: It ensures transparency regarding corporate governance and potential conflicts of interest, as required by Taiwan's securities regulations.
Q: What is the relationship with Fujian Zhongrid 金属?: A: It is a steel (tinplate) investment in China owned by Tung Ho Steel; the waiver allows directors to formally hold concurrent roles there.