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[Kaohsiung Bank] Announcement of Board of Directors' Resolution to Lift Non-Compete Restrictions for General Manager

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Kaohsiung Bank's Board of Directors has resolved to lift the non-compete restrictions for its General Manager, Zhang Rongtai, effective after his appointment to a designated position on June 26, 2026. This allows him to engage in competitive business activities under specific conditions.

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Frequently Asked Questions

Q: When did the Board of Directors of Kaohsiung Bank pass the resolution regarding the non-compete restrictions?
A: The Board of Directors passed the resolution on April 16, 2026.
Q: Who is the manager permitted to engage in competitive behavior according to the announcement?
A: The manager is Zhang Rongtai, who holds the position of General Manager.
Q: What is the scope of permitted competitive activities for the manager?
A: The activities include companies with a business scope identical or similar to the company's.
Q: What were the resolution details and the voting results of the board meeting?
A: The proposal was unanimously approved by all attending directors, excluding interested parties who abstained.
Q: When and under what condition will the lifting of the non-compete clause become effective?
A: It will become effective on June 26, 2026, after the manager is appointed as a director of an invested company.