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[Formosa Oil & Fats] Announcement of Board of Directors' Election of Chairman

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Formosa Oil & Fats announced that its Board of Directors has elected a new Chairman. Mr. Wu Xingcheng, nominated by Jinmao Investment Co., Ltd., will serve as the new Chairman, succeeding Ms. Yang Shuhua (nominated by Xingtai Industrial Co., Ltd.).

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Frequently Asked Questions

Q: What is the date of the board resolution regarding this personnel change?
A: The date of the board resolution or change is 2026/04/16.
Q: Who is the former incumbent chairman of Formosa Oil & Fats?
A: The former incumbent is Xingtai Industrial Co., Ltd. with Yang Shuhua designated to exercise duties.
Q: Who is the new incumbent chairman designated by Jinmao Investment Co., Ltd.?
A: The new incumbent chairman is Wu Xingcheng, designated by Jinmao Investment Co., Ltd.
Q: What is the specific reason for this chairman change?
A: The change detail is a new appointment, and the reason for the change is a by-election.
Q: When did the new appointment of the chairman take effect?
A: The effective date of the new chairman's appointment is 2026/04/16.