Announcement of Merry Corporation’s Board Resolution to Redeem the Restricted Stocks to Employees

 Announcement of Merry Corporation's Board
Resolution to Redeem the Restricted Stocks to Employees

1.Date of the board of directors resolution:2022/07/28
2.Reason for capital reduction:Employees who are vested with restricted
stocks are deemed to lose the vested right on the day of resignation.
Merry Corporation redeemed such stocks based on original issue price.
3.Amount of capital reduction:NT$708,000.
4.Cancelled shares:70,800 shares.
5.Capital reduction percentage:0.03%.
6.Share capital after capital reduction:216,399,442 shares.
7.Scheduled date of the shareholders meeting:N/A.
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:N/A.
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:N/A.
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%:N/A.
11.The record date for capital reduction:2022/07/28.
12.Any other matters that need to be specified:
(1)The common shares outstanding of Merry Corporation is 216,470,242
shares. The redeemed restricted stocks to employees amounted to 70,800
shares, total shares amounting to 216,399,442 shares of this cash
 capital decrease.
(2)The record date for capital reduction is on 2022/07/28. In the event of
a change to the record date as the actual procedure runs, it is proposed
that the chairman of the board make the adjustment under the authorization
of the board of directors.