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

The Taiwan Fund, Inc. (TWN) held its Annual Stockholders Meeting on April 25, 2023, where stockholders re-elected five directors for one-year terms.

Rhea-AI Summary

The Taiwan Fund, Inc. (TWN) held its Annual Stockholders Meeting on April 25, 2023, where stockholders re-elected five directors for one-year terms. The re-elected directors include William C. Kirby, Shelley E. Rigger, Anthony S. Clark, Thomas G. Kamp, and Warren J. Olsen. The voting results were significant, with Kirby receiving 6,258,565 votes in favor and 453,833 against, while Rigger gained 6,372,981 votes for and 339,418 against. The Fund operates as a diversified closed-end investment company, focusing on long-term capital appreciation through investments in equity securities on the Taiwan Stock Exchange. Shares of the Fund are traded on the New York Stock Exchange under the ticker symbol 'TWN.'

Positive

• Re-election of five directors ensures continuity in leadership.
• Strong shareholder support reflected in high vote counts for re-elected directors.

Negative

• None.

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BOSTON, April 26, 2023 /PRNewswire/ -- The Taiwan Fund, Inc. (TWN) (the "Fund") announced today the results of its Annual Stockholders Meeting held on April 25, 2023. The Fund's stockholders re-elected five individuals to the Board of Directors (the "Board"). William C. Kirby, Shelley E. Rigger, Anthony S. Clark, Thomas G. Kamp and Warren J. Olsen were re-elected by stockholders for one-year terms, expiring in 2024.

Director	Votes Cast for	Votes Against/Withheld
William C. Kirby	6,258,565	453,833
Shelley E. Rigger	6,372,981	339,418
Anthony S. Clark	6,374,453	337,945
Thomas G. Kamp	6,393,386	319,013
Warren J. Olsen	6,374,445	337,953

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

View original content:https://www.prnewswire.com/news-releases/the-taiwan-fund-inc-announces-the-results-of-the-annual-stockholders-meeting-301808674.html

SOURCE The Taiwan Fund, Inc.

FAQ

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What were the results of the Taiwan Fund's annual stockholders meeting on April 25, 2023?

Five directors were re-elected with significant shareholder support.

Who are the re-elected directors of the Taiwan Fund in 2023?

William C. Kirby, Shelley E. Rigger, Anthony S. Clark, Thomas G. Kamp, and Warren J. Olsen were re-elected.

What is the ticker symbol for The Taiwan Fund on the New York Stock Exchange?

The ticker symbol is 'TWN'.

What is the primary investment focus of The Taiwan Fund?

The Fund primarily invests in equity securities listed on the Taiwan Stock Exchange.

How many votes did William C. Kirby receive in the recent stockholders meeting?

He received 6,258,565 votes in favor.