Silicon Storage Technology (SSTI)

Director Independence

        The Board of Directors is presently composed of seven members, five of whom are non-employee, independent directors. As required under NASDAQ listing standards, a majority of the members of a listed company's board of directors must qualify as "independent," as affirmatively determined by the board of directors. Our Board of Directors consults with our outside legal counsel to ensure that its determinations are consistent with all relevant securities and other laws and regulations regarding the definition of "independent," including those set forth in pertinent NASDAQ listing standards, as in effect time to time.

        Consistent with these considerations, after review of all relevant transactions or relationships between each director, or any of his family members, and SST, our senior management and our independent registered public accounting firm, the Board has affirmatively determined that all of our directors are independent directors within the meaning of the applicable NASDAQ listing standards, except for Mr. Yeh, our President, Chief Executive Officer and Chairman of the Board, and Dr. Hu, our Executive Vice President and Chief Operating Officer.

Item 14.    Principal Accountant Fees and Services

Director Independence

        The Board of Directors is presently composed of seven members, five of whom are non-employee, independent directors. As required under NASDAQ listing
standards, a majority of the members of a listed company's board of directors must qualify as "independent," as affirmatively determined by the board of directors. Our Board of Directors consults with
our outside legal counsel to ensure that its determinations are consistent with all relevant securities and other laws and regulations regarding the definition of "independent," including those set
forth in pertinent NASDAQ listing standards, as in effect time to time.

        Consistent
with these considerations, after review of all relevant transactions or relationships between each director, or any of his family members, and SST, our senior management and
our independent registered public accounting firm, the Board has affirmatively determined that all of our directors are independent directors within the meaning of the applicable NASDAQ listing
standards, except for Mr. Yeh, our President, Chief Executive Officer and Chairman of the Board, and Dr. Hu, our Executive Vice President and Chief Operating Officer.

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Item 14.    Principal Accountant Fees and Services