Press Conference on the Signing of the Agreement between Kingston Technology and the Judicial Reform Foundation

Love Taiwan · Ethnic Harmony

Kingston Technology Company (hereinafter "Kingston"), which previously expressed its intention to donate NT$ 100 million to cover ballot recount fees for election litigation following the March 20 presidential election, was represented this afternoon by its Executive Vice President, Mr. Hsu Sheng-chang, in a joint press conference with the Judicial Reform Foundation (hereinafter "JRF") to formally announce the NT$ 100 million donation. The funds are designated for public-interest activities such as the presidential election recount and ethnic harmony initiatives.

According to the JRF, Kingston's donation comes with specific designated purposes. In accordance with the company's wishes, the JRF will prioritize using the NT$ 100 million donation to cover the inspection (ballot recount) fees required for lawsuits related to lawsuits for nullification of election or nullification of elected results arising from the March 20 presidential election. The JRF stated that once a court judgment becomes final and binding, litigants who are legally obligated to bear the inspection fees may apply to the JRF within fifteen days. Upon verifying the receipts, the JRF will disburse the relevant amount to the litigant. Furthermore, the JRF emphasized that because the donation is strictly earmarked for specific uses, the total amount subsidized by the foundation to the relevant litigants shall be capped at the NT$ 100 million donation minus applicable taxes.

Moreover, if any balance remains after the donation is used to subsidize ballot recount fees, the JRF will, pursuant to Kingston's instructions, use the remaining funds to promote public-interest activities such as ethnic harmony, human rights education, rule of law education, and judicial reform. The JRF noted that because Kingston has a particular desire to promote ethnic harmony, more than 50% of the funds allocated for these subsequent projects will be dedicated to that cause.

Finally, Kingston stated that its willingness to donate NT$ 100 million stems entirely from a motivation to "love Taiwan" and "promote ethnic harmony." Should members of society identify with the company's approach and philosophy, they may also make donations to the "Love Taiwan Ethnic Harmony Special Account" (Bank of Taiwan, Sungchiang Branch; Account Name:财团法人民间司法改革基金会 [Taiwan Judicial Reform Foundation]; Account Number: 050-004-05899-7), designated for public-interest activities such as the presidential election recount and ethnic harmony.

Attendees at today's press conference included: Mr. Hsu Sheng-chang (Executive Vice President of Kingston Technology Company), Attorney Huang Jui-ming (Acting Chairperson of the JRF), Attorney Lin Ching-ping (CEO of the JRF), Attorney Huang Hsu-tian (attesting attorney), and Mr. Hsu Cheng-chi (attesting witness, Chairman of Chieh-Sen Co.).