ShineMore Technology Materials Co., Ltd. announced on June 19, 2024, the expiration of the term of its 5th Compensation Committee. The committee's term, which began on November 5, 2021, concluded on June 19, 2024. The members of the committee included Miyashita Teruaki, Yeh Hsin-Yuan, and Ichiro Kato, all serving as Independent Directors of the company.

Following the term's expiration, no new members have been appointed yet, and details regarding the appointment of the 6th Compensation Committee will be announced by the Board of Directors in due course. The announcement emphasized the cooperative dismissal of the committee members in line with their term's conclusion and provided a framework for future updates on committee appointments.