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SFIPC appealed to the court to request the chairman Wang,Hsun-Sheng of CHINA CHEMICAL & PHARMACEUTICAL CO., LTD.to compensate CHINA CHEMICAL & PHARMACEUTICAL CO.,LTD. date : 2020/08/28

SEQ_NO

1

Date of announcement

2020/08/28

Time of announcement

18:52:27

Spokesman:

WANG,KUAN-CHIEH

Title of Spokesman:

Finance Manager

Subject

SFIPC appealed to the court to request the chairman Wang,Hsun-Sheng of CHINA CHEMICAL & PHARMACEUTICAL CO., LTD.to compensate CHINA CHEMICAL & PHARMACEUTICAL CO.,LTD.

To which item it meets

paragraph 2

Date of events

2020/08/28

Statement

1.Parties to the legal matter:

Defendant: Wang, Hsun-Sheng

Accuser :Securities and Futures Investors Protection Center(SFIPC)

2.Name of the court or punishing agency of the legal matter:

Supreme court of Taiwan

3.Reference/Case number of relevant documents of the legal matter:

cassation NO.19 of the Appeal in 2017

4.Date of occurrence of the event:2020/08/28

5.Details of occurrence (including the matter under dispute):

As detailed in Article 9

6.Handling procedure:As detailed in Article 9

7.Impact on the Company’s finance and business and projected amount:

As detailed in Article 9

8.Countermeasures and improvement status:As detailed in Article 9

9.Any other matters that need to be specified:

Defendant should pay NTD$16,508,077 for CCPC ,and add 5% interest

from June 5, 2016. The defendant’s other complaints were dismissed.

The chairman expressed deep regret at the judgment and will request

the lawyer to file an appeal in accordance with the law after receiving

the judgment in order to prove himself innocent.

This judgmenthas won't cause any significant impact on our finances

and sales.