Board of Directors approved the cancellation of restricted shares to employees stock awards

 JEAN Board of Directors approved the cancellation
of restricted shares to employees stock awards

1.Date of the board of directors resolution:2022/08/09
2.Reason for capital reduction:
 Since some employees had failed to meet the vesting conditions for the
 new restricted employee shares, the company shall redeem and cancel
 the issued new restricted employee shares in accordance with the terms
 of the issuance rules.
3.Amount of capital reduction:
 NTD 2,672,490
4.Cancelled shares:Common stocks 267,249 shares
5.Capital reduction percentage:0.1107%
6.Share capital after capital reduction:NTD2,410,803,140
7.Scheduled date of the shareholders meeting:NA
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:NA
9.Estimated ratio of 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 listed common shares upon
capital reduction does not reach 60 million and the percentage does not
reach 25%:NA
11.The record date for capital reduction:2022/09/03
12.Any other matters that need to be specified:None