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Formosa Oil: Announcement of Independent Director's Resignation from Functional Committee Positions

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Formosa Oil announced that its independent director, Ms. Hsiu Chi-ling, has resigned from her positions on the Audit Committee and Compensation Committee, effective April 16, 115, citing a commercial court decision that impedes her ability to effectively exercise supervisory duties.

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Frequently Asked Questions

Q: Who is the independent director resigning from the functional committee positions at Formosa Oil?
A: The individual resigning from these functional committee positions is named HSIU, CHI-LING.
Q: What are the names of the functional committees that HSIU, CHI-LING has resigned from?
A: The functional committees involved in the resignation are the Audit Committee and the Compensation Committee.
Q: On what date did the resignation of the independent director HSIU, CHI-LING become effective?
A: The resignation from the functional committees and independent director position became effective on 115/04/16.
Q: What specific reason did the resigning committee member provide for their resignation?
A: The resignation was due to the Commercial Court's rejection ruling on case No. 115 Commercial Temporary No. 3, which prevented effective supervision.
Q: What was the original term of office for the resigning independent director HSIU, CHI-LING?
A: The original term of office for the resigning independent director was from 113/11/22 to 116/11/21.