Taiwan Depository & Clearing Corporation

With the easing of the COVID-19 situation both domestically and abroad, the Taiwan Centers for Disease Control has adjusted some of its policies, including cancelling temperature checks and relaxing mask mandates in public spaces. In response to this, the Financial Supervisory Commission has announced the cancellation of measures such as requiring masks and temperature checks at shareholder meetings and postponing meetings. TDCC has also adjusted its epidemic prevention guidelines to assist companies in preparing for their annual shareholder meetings.

The new guidelines for shareholder meetings remove requirements such as wearing masks, taking temperature measurements, using alternate seating arrangements, limiting the number of speeches per agenda item, prohibiting eating, and reducing the number of staff at the venue. Shareholders and staff are allowed to voluntarily decide whether or not to wear masks. However, if a shareholder meeting is expected to attract a crowd and it is difficult to maintain an appropriate distance, the company should advise attendees to wear masks. While the rule requiring a certain distance between individuals receiving souvenirs has been relaxed, companies are still required to ensure that the distribution process is streamlined to avoid unnecessary contact and protect shareholders' health and safety.

Although epidemic prevention measures have been gradually relaxed with the improving COVID-19 situation, TDCC's President Te-Hsiang Chen, has urged companies to follow the guidelines for shareholder meetings. Starting this year, listed and OTC companies will implement electronic voting. President Chen also reminds investors that they can use electronic voting and do not need to attend the meeting in person, protecting themselves and others while contributing to epidemic prevention in the post-pandemic era.