Taiwan Land Development Corporation announced change in representative of the company's institutional director. Name of legal person: Hung Sheng Investment Co.,Ltd. Name of the previous position holder: Chiu, Yu-Yun, Director of the company. Name of the new position holder: Kuo,Fu-Chin, Vice President of the company.

Reason for the change: Hung Sheng Investment Co.,Ltd. assigned a new representative to serve as institutional director. Effective date of the new appointment is January 26, 2022.