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Provided by: Pou Chen Corporation
SEQ_NO 1 Date of announcement 2022/01/09 Time of announcement 18:43:34
Subject 
 Explanation of media reporting
Date of events 2022/01/08 To which item it meets paragraph 51
Statement 
1.Date of occurrence of the event:2022/01/08
2.Company name:Pou Chen Vietnam Enterprise Ltd.
3.Relationship with the Company (please enter ��the company itself�� or
  ��subsidiaries��):subsidiaries
4.Reciprocal shareholding percentage:
 An indirect 51.11%-owned subsidiary of Pou Chen Corporation (��PCC��)
5.Name of the reporting media:Chinatimes News Network
6.Content of the report:
 It is reported that thousands of workers at one of PCC's Vietnam
 factories strike for reduced year-end bonus, bringing traffic to
 a standstill.
7.Cause of occurrence:
 The factory of Pou Chen Vietnam Enterprise Ltd., located in Bien Hoa
 City, Dong Nai Province, Vietnam under PCC's subsidiary Yue Yuen
 Industrial (Holdings) Limited, disrupted operation at noon on
 2022/01/07 due to some workers' demand for an increase in year-end
 bonus.
8.Countermeasures:
 (1)The year-end bonus is based on the overall operation of Vietnam
    factories in 2021, and is a consensus reached through
    communication and negotiation between Vietnam factories and labor
    unions. Vietnam factories will continue to maintain close
    communication with labor unions and employees.
 (2)This incident has had no significant impact on PCC's finance and
    business to date.
9.Any other matters that need to be specified:None

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Pou Chen Corporation published this content on 09 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 January 2022 10:57:06 UTC.