Shiny Chemical Industrial Co., Ltd. announced company's board of directors has resolved to appoint members of the 5th Compensation Committee. Name of the functional committees: Compensation Committe. Name of the previous position holder: Independent Director: Chen Ding-Guo Independent Director: Ma Zhen-Ji Independent Director: Wu Xiao-Yan.

Resume of the previous position holder: Chen Ding-Guo:Independent director of the company Ma Zhen-Ji:Independent director of the company Wu Xiao-Yan:Independent director of the company. Name of the new position holder: Independent Director: Chen Ding-Guo Independent Director: Ma Zhen-Ji Independent Director: Wu Xiao-Yan Independent Director: Peng Yu-Min. Resume of the new position holder: Chen Ding-Guo:Independent director of the company Ma Zhen-Ji:Independent director of the company Wu Xiao-Yan:Independent director of the company Peng Yu-Min:Vice President of Industrial Technology Research Institute.

Original term: from 2020/05/21 to 2023/05/20. Effective date of the new member:2023/05/17.