On July 9, 2020, in a Special Meeting of the Board of Directors and a special meeting of the stockholders of Vivic Corp, the majority shareholders and the board approved and made effect the following changes to the positions of the Board of Directors and the executive officers of the company: Wen-Chi Huang was removed from the positions of the Chairman of the board of directors, President and the board director, effective immediately. Huilan Chen and Liu Shiang Kung Hwang resigned from the positions of board directors. Shang-Chiai Kung was appointed the Chairman of the board, board director, President. Cheng- Hsing Hsu was appointed board director, Treasurer. Cheng-Lung Soong was appointed board director and Secretary.