The board of directors of the Company approved removal of the noncompete clause for managers.

Published Date:2023-10-04

Original Link:https://www.onenessbio.com/en/news_detail246_1.htm

Statement
No	1	Date of announcement	2023/10/04	Time of announcement	17:16:08
Subject	The board of directors of the Company approved removal of the noncompete clause for managers.
To which item it meets	paragraph 21			Date of events	2023/10/04
Date of the board of directors resolution:2023/10/04 Name and title of the managerial officer with permission to engage in competitive conduct: Associate General Manager, Yang, Tzu-Chun. Items of competitive conduct in which the officer is permitted to engage: (1)Consultant of Cotton Field Organic Farm Inc. (2)Consultant of the Microbio (Shanghai) Co., Ltd. Period of permission to engage in the competitive conduct:For the duration of employment as a manager of the Company. Circumstances of the resolution (please describe the results of voting in accordance with Article 32 of the Company Act):The board of directors approved the proposal unanimously with no changes. If the permitted competitive conduct belongs to the operator of a mainland China enterprise, the name and title of the managerial officer (if it is not the operator of a mainland China enterprise, please enter “N/A” below):Associate General Manager, Yang, Tzu-Chun. Company name of the mainland China enterprise and the officer’s position in the enterprise:Consultant of the Microbio (Shanghai) Co., Ltd. Address of the mainland China enterprise:1188 Guangxing Road,Songjiang District, Shanghai China. Operations of the mainland China enterprise: Production and sales of health care capsules and lozenges, Chinese herbal medicines, Chinese herbal extracts, Chinese patent medicine processing and production, new drug research and development, etc. Impact on the company’s finance and business: Microbio (Shanghai) is invested by the Company by adopting the equity method through which the profits or losses is recognized. If the managerial officer or director has invested in the mainland China enterprise, the monetary amount of the investment and the officer or director’s shareholding ratio: (1) The monetary amount of the investment: USD 50,000. (2) The shareholding ratio: 0.0953%. Any other matters that need to be specified:None.