To uphold the principle of equitable treatment of shareholders, prevent the improper disclosure of information, ensure the consistency and accuracy of external communications, and safeguard against insider trading, SynPower Co., Ltd. revised its “Procedures for the Prevention of Insider Trading”, as approved by the Board of Directors in August 2023. These procedures clearly stipulate that Company insiders (including but not limited to directors) are prohibited from trading securities based on undisclosed material information. In addition, they are restricted from trading the Company’s shares or other equity-linked securities during designated blackout periods—30 days prior to the announcement of annual financial reports and 15 days prior to the announcement of quarterly financial reports.

Implementation of Insider Trading Prevention Measures in 2024:

1. The Company regularly reminds directors and insiders, through monthly insider management procedures, that trading in Company shares is strictly prohibited during blackout periods preceding the disclosure of financial results. This measure aims to prevent unintentional violations of the regulations.
2. On September 9, 2024, the Company conducted a 30-minute educational session for managers and employees, with a total of 69 participants. The session covered topics including the confidentiality of material information, insider trading prohibitions and preventive measures, fundamental concepts of insider trading, relevant regulations, elements of a violation, legal implications, evaluation processes, real-case illustrations, and handling of violations. Following the session, the presentation materials were uploaded to the Company’s internal bulletin board to facilitate continued learning and reference, reinforcing awareness and compliance.
3. Additionally, the Company provided all insiders with the “2024 Insider Trading Q&A Manual for Listed Companies”, published by the Taiwan Stock Exchange, as a reference guide.

Procedures for the Prevention of Insider Trading(.pdf)