GCS board of directors approved the cancellation of treasury shares and the date of capital reduction

 GCS board of directors approved the cancellation
of treasury shares and the date of capital reduction

1.Date of the board of directors resolution:2022/02/23
2.Reason for capital reduction:
 The treasury shares of 3rd buyback program will not be transferred to
 employees before the expiration date. Therefore, the treasury stock
 will be cancelled according to Securities and Exchange Act.
3.Amount of capital reduction:NT$2,500,000
4.Cancelled shares:250,000 shares
5.Capital reduction ratio:0.23%
6.Share capital after capital reduction:
 The total number of issued shares of the company as of February 23
 is 110,676,067. After cancelling 38,500 restricted shares and 250,000
 treasury shares, the total number of issued shares will be 110,387,567.
 The capital amount after capital reduction is NT$1,103,875,670.
7.Scheduled date of the shareholders' meeting:NA
8.Estimated no.of TPEx-listed common shares after issuance
of new shares upon capital reduction:NA
9.Estimated ratio of TPEx-listed common shares after issuance
 of new shares upon capital reduction to outstanding common
shares:NA
10.Please explain any countermeasures for lower circulation
in shareholding if the aforesaid estimated no.of TPEx-listed
 common shares upon capital reduction does not reach 5 million
 and the ratio does not reach 25%:NA
11.Record date of capital reduction:2022/03/06
12.Any other matters that need to be specified:None.