Status of Diversity and independence of the board of directors

(1) Board independence: The Company's 13th Board of Directors was re-elected on May 27, 2026 and continues to comprise seven directors, of whom three (43%) are independent directors. Upon their election on May 27, 2026, all independent directors signed statements confirming their compliance with the requirements regarding professional qualifications, independence, and concurrent positions. The Board of Directors and all of its members meet the independence requirements prescribed by applicable laws and regulations, and there have been no circumstances in violation of Paragraphs 3 and 4 of Article 26-3 of the Securities and Exchange Act. For details regarding familial relationships among the directors, please refer to Section 3.2.1, “Directors’ Information.”

(2) Board Diversity: The diversity policy includes, but is not limited to, director selection criteria; the professional qualifications and experience required of the Board; and diversity in terms of gender, age, nationality, and culture. The Company has established specific objectives under the foregoing policy and discloses the progress toward achieving such objectives.

i. Board Diversity Policy and Goals
The Company has established a diversity policy for the Board of Directors. Pursuant to the Company's “Corporate Governance Best Practice Principles,” the composition of the Board shall take diversity into consideration, and directors who concurrently serve as managerial officers of the Company should not account for more than one-third of all director seats.
In consideration of the Company's specialized needs as a leader in ePaper technology and sales, the Board shall include at least one director with professional expertise in each of the diverse areas relevant to the Company's operations, including finance, investment, chemical engineering and technology, sustainability and environmental protection, sales, business management, and marketing. Other directors and independent directors should have diverse backgrounds and professional experience in areas such as materials research and development, technology industry management, innovation management, and technology development; be familiar with industry trends in display technologies, electronic products, electronic materials, and chemical manufacturing; and possess extensive practical and academic experience in industry-academia collaboration, corporate strategy, and innovation management.
In addition, to leverage directors' experience while ensuring the effective transfer of knowledge and experience, the Board should comprise directors from different age groups to achieve age diversity. The Company also draws upon the practical experience of directors who have served in senior management positions at multinational corporations or who are experts and scholars in their respective fields. By leveraging the directors' insights and experience across industry, government, academia, and research, the Board contributes to the Company's collective growth, strengthens its forward-looking R&D capabilities, facilitates business expansion, and promotes the comprehensive implementation of Board diversity.
The Company has also established short-, medium-, and long-term diversity goals.



ii. Achievement of Diversity Policy and Goals
The composition, representation, and terms of office of the members of the Board of Directors are in compliance with the objectives of the Company's diversity policy.
E Ink has established the “Procedures for Election of Directors,” which stipulate the director election process and adopt a candidate nomination system. The qualifications of director candidates are evaluated in accordance with the Company's “Corporate Governance Best Practice Principles,” and directors are ultimately elected by the shareholders' meeting from among the nominated candidates.
The current Board of Directors was elected by the shareholders' meeting on May 27, 2026 and comprises seven directors, including three independent directors and two female directors, with an average age of 60. In accordance with applicable laws and regulations, the term of office of the current directors is three years, from May 27, 2026 to May 27, 2029. A full re-election of the Board will be held upon expiration of the current term in 2029.



iii. The implementation status of board members' diversity

Note: According to the Regulations Governing the Appointment of Independent Directors and Compliance Matters for Public Companies. Each independent director does not serve as an independent director concurrently for more than three listed companies.




iv. Board of Directors Diversity and Background



Shareholder approval required for changes in bylaw
At E Ink, changes made to its articles of incorporation/bylaw that is the Company Act of E Ink Holdings must be approved by shareholders’ resolution. The requirement is in compliance with and mandated by Taiwan’s laws, in particular, Article 277 of Taiwan’s Company Act, which requires, inter alia, that a company shall not modify or alter its Articles of Incorporation without a resolution adopted at a meeting of shareholders; and for a company that has had its share certificates publicly issued, the resolution may be adopted by two-thirds of the votes of the shareholders present at a shareholders' meeting who represent a majority of the total number of issued shares.

There is no limitation to directors’ liabilities
At E Ink, it is crucial for ensuring accountability and strong corporate governance; as such, we do not cap the liabilities of any board directors so that the directors would take their duty of care and duty of loyalty seriously knowing that they can be held personally liable if they fail to fulfill these duties. While there is no limitation to our board directors’ liabilities, we protect the board directors from the financial consequences of legal actions that arise out of their corporate duties through directors & officers insurance. To complement the indemnity provided through insurance, we have adopted an internal policy of legal action indemnity review, which requires that if the director(s) in a legal action is ultimately ruled in breach of his/her fiduciary duty, the director is obligated to refund the indemnity to the company.