Kedge Construction Announce the board of directors resolves to increase capital stock by earnings recapitalization in 2021

 Announce the board of directors resolves to increase
capital stock by earnings recapitalization in 2021

1.Date of the board of directors resolution:2022/03/25
2.Source of capital increase funds:Earning of fiscal year in 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):
NT$106,035,660 and 10,603,566 commom shares.
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:Not applicable
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:Not applicable
7.Par value per share:NT$10
8.Issue price:Not applicable
9.Number of shares subscribed for by or allocated to employees:Not applicable
10.Number of shares publicly sold:Not applicable
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:
It's allotted as stock dividends 100 shares each
thousands shares to existing shareholders.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:
 If the stock dividends include any fractional shares which are less than
 one full share, the shareholders of two or more may arrange for pooling
 together of their fractional shares to form one full share and register the
 same under the name of one of the shareholders within 5 days from the
 ex-rights date. For the fractional shares which cannot be pooled within the
 specified period, such remainder will be subscribed by designated
 individuals arranged by the Chairman as authorized by the Shareholders'
 Meeting.
13.Rights and obligations of these newly issued shares:
 The same as the issued and existing shares.
14.Utilization of the funds from the capital increase:
 To expand the business and improve the financial structure.
15.Any other matters that need to be specified:
 (1)The capital increase base date, issuance date and other related
    matters for the allotment of new shares shall be determined
    separately by the board of directors after the resolution of the
    shareholders' meeting is passed and submitted to the competent
    authority for approval.
 (2)If, due to factors such as adjustments by the competent authority
    or the company's purchase of company shares, which affect the
    number of shares in circulation, resulting in a change in the
    ratio of allotment to shareholders, it is proposed to request
    the shareholders' meeting to authorize the board of directors
    to deal with it.