Why did ETtoday waive the non-compete clause for directors?

To allow directors to concurrently serve at group affiliates (including in mainland China) and facilitate swift decision-making without infringing on the company's interests.

Who are the directors covered by the waiver?

Directors Liao Shang-wen, Kao Kuei-ting, Tsai Kao-ming, Chou Hui-ying, Chen Su-chang, and Lin Tsang-hsiang.

What is the legal basis for this procedure?

Article 209 of the Company Act, which requires shareholder approval when a director engages in business that may compete with the company.

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ETtoday: Shareholders Approve Waiver of Non-Compete Clauses for Newly Appointed Directors

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ETtoday passed a resolution at its 2026 Annual General Meeting of Shareholders on May 20, waiving non-compete clauses for six newly appointed directors.

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Frequently Asked Questions

Q: Why did ETtoday waive the non-compete clause for directors?: A: To allow directors to concurrently serve at group affiliates (including in mainland China) and facilitate swift decision-making without infringing on the company's interests.
Q: Who are the directors covered by the waiver?: A: Directors Liao Shang-wen, Kao Kuei-ting, Tsai Kao-ming, Chou Hui-ying, Chen Su-chang, and Lin Tsang-hsiang.
Q: What is the legal basis for this procedure?: A: Article 209 of the Company Act, which requires shareholder approval when a director engages in business that may compete with the company.