Tung Ho Steel Enterprise Corporation announced that in conjunction with the comprehensive election of directors at the 2023 Annual Meeting of Shareholders, the tenure of the Compensation Committee members is the same as that of the Board of Directors, and therefore they will be relieved of their duties upon completion of their terms. Resume of the previous position holder: CHUANG, CHANG-HSI, Independent Director. LIU, I-CHI, Independent Director. CHU, CHEN-MING, professor, Department of Applied Economics and Management of National Ilan University.

After the 2023 Annual Meeting of Shareholders, it was renamed as the Remuneration and Nomination Committee. The newly appointed Remuneration and Nomination Committee will be announced separately shortly after the board appointment.