The Taiwan Fund, Inc. announced that, following a review of the qualifications of Directors on its Board of Directors, the Board had designated one of its Directors, Anthony K. Y. Lo, as an Audit Committee Financial Expert ("ACFE"). With Mr. Lo's designation as an ACFE, Michael Holland, who had previously been designated as an ACFE, tendered his resignation as a Director effective July 18, 2017 and the Board accepted the resignation.