#United States #Boston #Investment #Taiwan Fund #Board Election

The Taiwan Fund, Inc. Reports on Stockholders Meeting Outcomes

On April 7, 2026, The Taiwan Fund, Inc. (TWN) held its Annual Stockholders Meeting, where several crucial decisions regarding the governance and future investment strategies of the Fund were made. This event witnessed significant participation from its stockholders, reflecting the collective interest in the Fund's strategic direction.

During the meeting, stockholders re-elected four key members to the Board of Directors for a one-year term. The members reinstated are William C. Kirby, Shelley E. Rigger, Anthony S. Clark, and Warren J. Olsen. The voting results underscored a robust support base for these individuals, with votes as follows:

• - William C. Kirby

- Votes For: 4,619,222
- Votes Against/Withheld: 475,364

• - Shelley E. Rigger

- Votes For: 3,862,698
- Votes Against/Withheld: 1,231,888

• - Anthony S. Clark

- Votes For: 4,704,396
- Votes Against/Withheld: 390,190

• - Warren J. Olsen

- Votes For: 4,704,135
- Votes Against/Withheld: 390,451

The re-elections indicate a strong endorsement of continuity among the leadership, allowing consistent governance in the Fund’s investment strategy. Additionally, stockholders approved a significant change in the classification of the Fund, transitioning from a "diversified" fund to a "non-diversified" fund. This pivotal shift is expected to refine the Fund's investment approach, allowing for a greater concentration on specific sectors that promise substantial growth opportunities.

The approval voting for this change showed considerable consensus among stockholders, with:

• - Votes For: 4,341,272
• - Votes Against: 332,833
• - Abstain: 18,888
• - Non-votes: 401,593

The shift to a non-diversified approach positions The Taiwan Fund, Inc. as a more focused investment vehicle that aims to harness higher returns through targeted investments primarily in equity securities listed on the Taiwan Stock Exchange. This strategic decision highlights the Fund's commitment to optimizing shareholder value by concentrating on sectors with stronger potential returns.

As a closed-end investment company, The Taiwan Fund seeks long-term capital appreciation, and the recent changes in governance and fund classification represent steps toward enhancing its operational effectiveness and investment performance.

Stockholders and interested parties can find more information about the Fund's investments and holdings by visiting the official website at www.thetaiwanfund.com or contacting their offices directly at 1-800-426-5523.

In conclusion, the 2026 Annual Stockholders Meeting of The Taiwan Fund, Inc. signifies both continuity and strategic recalibrations aimed at reinforcing its market position. The results, highlighting the re-election of seasoned directors and a crucial shift in the Fund’s classification, lay a promising foundation for the endeavors ahead.