The Taiwan Fund, Inc. Announces the Results of the Annual Stockholders Meeting

Rhea-AI Summary

The Taiwan Fund (TWN) held its Annual Stockholders Meeting on April 11, 2025, where shareholders re-elected four directors to the Board for one-year terms expiring in 2026. The re-elected directors include William C. Kirby (5,496,110 votes for), Shelley E. Rigger (5,330,759 votes for), Anthony S. Clark (5,561,070 votes for), and Warren J. Olsen (5,406,397 votes for).

The Fund operates as a diversified closed-end investment company focused on achieving long-term capital appreciation through investments in equity securities listed on the Taiwan Stock Exchange. The Fund's shares are traded on the New York Stock Exchange under the ticker symbol 'TWN'.

Positive

• High shareholder participation in board election with over 5 million votes cast for each director
• Strong approval rates for all directors with majority support

Negative

• None.

BOSTON, April 15, 2025 /PRNewswire/ -- The Taiwan Fund, Inc. (TWN) (the "Fund") announced today the results of its Annual Stockholders Meeting held on April 11, 2025. The Fund's stockholders re-elected four individuals to the Board of Directors. William C. Kirby, Shelley E. Rigger, Anthony S. Clark and Warren J. Olsen were re-elected by stockholders for one-year terms, expiring in 2026.

Director                                 William C. Kirby Shelley E. Rigger  Anthony S. Clark Warren J. Olsen

Votes Cast for                            5,496,110  5,330,759 5,561,070 5,406,397

Votes Against/Withheld                  422,023  587,374 357,063 511,735

The Fund is a diversified closed-end investment company, which seeks long term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange. Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol "TWN."

For additional information on the Fund, including information on the Fund's holdings, visit the Fund's website at www.thetaiwanfund.com or call 1-800-426-5523.

CONTACT:

Brian F. Link, Secretary
800-426-5523
www.thetaiwanfund.com

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SOURCE The Taiwan Fund, Inc.

FAQ

What was the outcome of The Taiwan Fund (TWN) Annual Stockholders Meeting in April 2025?

Four directors were re-elected to the Board for one-year terms: William C. Kirby, Shelley E. Rigger, Anthony S. Clark, and Warren J. Olsen.

How many votes did Anthony S. Clark receive in TWN's 2025 board election?

Anthony S. Clark received 5,561,070 votes in favor and 357,063 votes against/withheld.

What is the investment strategy of The Taiwan Fund (TWN)?

TWN is a diversified closed-end investment company seeking long-term capital appreciation through investments in Taiwan Stock Exchange listed equities.

Which director received the most votes at TWN's 2025 Annual Meeting?

Anthony S. Clark received the highest number of favorable votes with 5,561,070 votes cast in his favor.