Announcement of the record date of capital reduction

 Announcement of the record date of capital
reduction

1.Date of the board of directors resolution:2022/07/28
2.Record date of capital reduction:2022/07/28
3.Plan for capital reduction and replacement of shares:
The schedule and procedures for the capital reduction and stock exchange
will be announced separately after it is finalized.
4.Record date of replacement of shares:NA
5.Book closure starting date:NA
6.Book closure ending date:NA
7.Rights and obligations of the new shares after capital reduction:
 The new shares will have the same rights and obligations as the
 original shares.
8.Anticipated listing date for the new shares:NA
9.Estimated no.of listed common shares after issuance of new shares upon
capital reduction:436,048,805 shares
10.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares: 100%
11.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
12.Any other matters that need to be specified:
(1)Capital reduction with cash payment was approved by the Company's
 general shareholders meeting on June 8, 2022. The amount and the number
 of shares of the capital reduction will be NTD1,080,112,000 and 108,011,200
 shares respectively. It is proposed to reduce the Company's capital and
 return cash to shareholders to enhance the return on equity and earnings
 per share of the Company and make sure of a good use of capital. The plan
 was approved by the Letter No.1110011887  of TWSE dated July 6, 2022.
(2)The Company will handling cpaital reduction related operations after
 receiving amendment registration of capital reduction from the Ministry
 of Economic Affairs, and TWSE's approval and reference letter for
 application of change in content of listed securities.
 The Board authorized the Chairman or the person designated by Chairman
 to reset the record date of the replacement of share certificates and
 the related schedule in accordance with the authority's operation
 schedule if necessary.
 The schedule and procedures for the capital reduction and stock exchange
 will be announced separately after it is finalized.