Taiwan Supreme Court rendered judgement that the
original judgment is reversed and remanded to
Taiwan High Court.

 
1.Parties to the legal matter:
  Plaintiff:Securities and Futures Investors Protection
  Center (SFIPC)
  Defendants:Phison Electronics Corporation (Phison)
  and its former chairman Mr. K.S.Pua (Mr. Pua)
2.Name of the court or punishing agency of the legal matter:
  Taiwan Supreme Court, Civil Devision
3.Reference/Case number of relevant documents of the legal matter:
  Taiwan Supreme Court (112) Tai-Shang-Tze No.841
4.Date of occurrence of the event:2024/03/13
5.Details of occurrence (including the matter under dispute):
  SFIPC filed civil action against Phison
  and its former chairman Mr. Pua in 2019,
  claiming that Mr. Puas director position should be
  removed in accordance with Article 10-1,
  Section 1 and Item 2 of the Securities Investor
  and Futures Trader Protection Act on February 18, 2022.
  Taiwan Hsinchu District Court and Taiwan High Court
  rendered judgment to dismiss SFIPC filed removal
  of director action. SFIPC then appealed,
  and Supreme Court rendered judgement that the original
  judgment is reversed and remanded to Taiwan High Court.
6.Handling procedure:
  After receiving court judgment,
  the company and Mr. Pua will discuss with attorneys to
  determine corresponding matters.
7.Impact on the Companys finance and business and projected amount:
  The court judgement does not influence
  Phison's operation and finance.
8.Countermeasures and improvement status:None.
9.Any other matters that need to be specified(the information
 disclosure also meets the requirements of Article 7, subparagraph 2
 of the Securities and Exchange Act Enforcement Rules, which brings
 forth a significant impact on shareholders rights or the price of
 the securities on public companies.):None.