Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 5, 2023, Mr. Jan-Yueng Lin resigned from his position as a member of the
board of directors (the "Board") of Aerkomm Inc. (the "Company"), effective
immediately. Mr. Lin's resignation was not the result of any disagreement with
the Company on any matter relating to its operation, policies (including
accounting or financial policies) or practices. Mr. Lin will remain as the
Secretary of the Company.
Also on May 5, 2023, the Board appointed Mr. Jeff T.C. Hsu to become a member of
the Board effectively immediately, to fill the vacancy created by the
resignation of Mr. Lin.
Mr. Hsu earned a PH. D in Electrical and Computer Engineering from the
University of Texas at Austin in 1991. After earning his degree, Mr. Hsu
accepted an engineering position at Motorola Inc. followed by a managerial
position at Applied Materials Inc. With more than twenty years' experience in
semiconductor and TFT LCD application and manufacturing processes Mr. Hsu
focused his skill set toward display panel manufacturing becoming the foremost
expert in the industry. Highlights of Mr. Hsu's extensive list of professional
accomplishments include founding Chimei Electronics Inc., one of the first TFT
LCD companies in Taiwan. After then founding Jemitek Electronics, he was able to
successfully merge Innolux, Chimei and Toppoly Electronics Corp. to create the
largest LCD conglomerate in Taiwan at the time. Mr. Hsu currently holds a board
seat at Sharp Corp. and continues actively advise on investment strategies for
companies across various industries.
There are no arrangements or understandings between Mr. Hsu and any other
persons pursuant to which he was elected as a director. There is no family
relationship that exists between Mr. Hsu and any directors or executive officers
of the Company. In addition, there has been no transaction, nor is there any
currently proposed transaction between Mr. HSU and the Company, that would
require disclosure under Item 404(a) of Regulation S-K.
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AERKOMM INC. 
