Announcement that the Company’s Board of Directors resolved to issue new shares through capital increase from earnings

 Announcement that the Company's Board of
Directors resolved to issue new shares through
capital increase from earnings

1.Date of the board of directors resolution:2022/03/22
2.Source of capital increase funds:
Distributable earnings of 2021
3.Whether to adopt shelf registration (Yes, please state issuance period/No):
No
4.Total monetary value of the issuance and number of shares issued (shares
 issued not including those distributed to employees if consisting in
 capital increase from earnings or capital surplus):
Total monetary value of the issuance and number
of shares: NT$160,425,740 and 16,042,574 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:NA
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:NA
7.Par value per share:NT$10
8.Issue price:NA
9.Number of shares subscribed for by or allocated to employees:
NA
10.Number of shares publicly sold:NA
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:
80 shares gratuitously allotted for every thousand shares
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:
(1) Handling method for fractional shares:
If the new shares distributed to shareholders from
this capital increase are less than one full share,
shareholders may consolidate them by handling
respective procedures at the Company's stock
transfer agent within five days starting from
the record date of the distribution.
For those shares which cannot be consolidated
within the specified period or still remain
insufficient, cash will be distributed instead
(rounded to the dollar), and the Chairman shall be
authorized to designate specific persons for purchase
of these by cash at par value.
(2) Handling method for shares unsubscripted: N/A
13.Rights and obligations of these newly issued shares:
Rights and obligations of these newly issued shares
are the same as those of the original shares.
14.Utilization of the funds from the capital increase:
To increase working capital and strength of
capital structure.
15.Any other matters that need to be specified:
(1) Shareholders'meeting will propose to authorize
the Board of Directors to decide the record date
of the distribution.
(2) If the outstanding shares changed due to
the transactions, result in the change to
the dividend payout ratio, the final ratio will be
determined fully by the Board authorized by
Shareholders Meeting.