The Board of Directors of Formosa Plastics Corporation approved to promote Mr. Wen-Bee Kuo to be the Acting President from the senior Vice President and also discharged the duty of original President of Mr. Jason Lin. Position: Acting President; Name of the previous position holder: Jason Lin; Resume of the previous position holder: Chairman and President of the Company; Name of the new position holder: Wen-Bee Kuo; Resume of the new position holder: Senior Vice President of the Company; Circumstances of change: job relocation; Reason for the change: job relocation; Effective date of the new appointment: March 10, 2023.