CTBC announced the capital reduction for cancelling the issued restricted employee stock shares (RSA) was approved by Ministry of Economic Affairs

1.Date of the competent authority’s approval of capital reduction:2023/04/12
2.Date of completion of capitalization change registration:2023/04/12
3.Effect on the financial statements (including any discrepancy between the
amount of paid-in capital and the no.of shares outstanding, and the effect
on net worth per share):
(1)Before capital reduction :
The amount of paid-in capital: NTD 200,840,646,300
The number of shares outstanding: 20,084,064,630 shares
(2)After capital reduction :
The amount of paid-in capital: NTD 200,837,907,860
The number of shares outstanding: 20,083,790,786 shares
(Cancelled 273,844 common shares)
(3)The Company’s net worth per share will not be
affected after the cancellation of the issued RSA.
4.Plan for expected share replacement operations:NA
5.Estimated no.of listed common shares after capital reduction and new issue:
NA
6.Estimated no.of listed common shares as a percentage of issued common
shares after capital reduction and new issue (No.of common shares after
capital reduction/No.of issued common shares):NA
7.Countermeasures for poor circulation of equity if the aforesaid estimated
no.of listed common shares does not reach 60 million shares and the
percentage does not reach 25% after capital reduction:NA
8.Any other matters that need to be specified:
CTBC received the approval letter of capital
reduction for the cancellation of the issued RSA from
Ministry of Economic Affairs on 2023/04/14.