1. Date of sanction: April 1, 2024
2. Object of sanction: XX Yang, the person responsible for the act of POWERCOM Co., Ltd.
3. Legal basis for the sanction: Paragraph 8, Article 26-3, subparagraph 9, paragraph 1, Article 178 and Article 179 of the Securities and Exchange Act, and paragraph 2, Article 16 of the Regulations Governing Procedure for Board of Directors Meetings of Public Companies (hereinafter referred to as the Regulations Governing Procedure for Board Meetings).
4. Facts of violation: On November 10, 2022, the board meeting of POWERCOM Co., Ltd. discussed the renewal of its lease. XX Yang, the representative appointed by its legal person director Kefei Investment Co., Ltd., and XX Chang, the lessor, were in a spousal relationship; however, the director did not explain their interests and avoid the interests at the current board meeting, which is verified to have violated paragraph 2, Article 16 of the Regulations Governing Procedure for Board Meetings.
5. Sanction imposed: A fine of NT$240,000 is imposed on the person responsible for the act in accordance with subparagraph 9, paragraph 1, Article 178 and Article 179 of the Securities and Exchange Act.

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