Date of original announcment and reporting: 2024/04/30

Summary of the orignal announcement:

Article 9. Conversion Period

Bondholders may request the conversion of these convertible bonds into the Company’s common shares from the day following the lapse of three months after the issuance date (from September 26, 2024) until the maturity date (June 25, 2027), except during the following periods:

1. The period during which the transfer of common shares is suspended in accordance with applicable laws;
2. The period from fifteen  business days prior to the book closure date for stock transfer registration for distribution of stock dividends, cash dividends, or subscription rights for cash capital increase, until the record date for the respective rights;
3. The period from the record date for capital reduction until the business day immediately preceding the commencement of trading of the new shares after such capital reduction;
4. The period from the starting date of suspension of conversion due to stock denomination change until the business day immediately preceding the commencement of trading of the new shares after such denomination change.

Except for the above-mentioned periods, bondholders may, at any time, through their original securities brokers, request the Taiwan Depository & Clearing Corporation (TDCC) to apply to the Company’s stock affairs agent for the conversion of these convertible bonds into the Company’s common shares, in accordance with Articles 10, 11, 13, and 15 of these Procedures.

The starting date for suspension of conversion due to stock denomination change refers to the business day immediately preceding the date of application for change of registration with the Ministry of Economic Affairs. The Company shall announce the suspension period for conversion at least four (4) business days prior to such starting date.

 

Reason for amendments and major contents:

(1) In accordance with the FSC Letter No. 1140382105, dated May 5, 2025, and the relevant provisions of the “Regulations Governing the Offering and Issuance of Securities by Issuers,” the Company has amended the “Issuance and Conversion Procedures for the Third Domestic Unsecured Convertible Bonds.” Under the amended procedures, holders of the convertible bonds shall not be subject to conversion restrictions during the suspension periods for annual or extraordinary shareholders’ meetings, in order to enhance investor rights and interests.

(2) The amended provisions are as follows:

Article 9. Conversion Period

Bondholders may request the conversion of these convertible bonds into the Company’s common shares from the day following the lapse of three months after the issuance date (from September 26, 2024) until the maturity date (June 25, 2027), except during the following periods:

(1)The period during which the transfer of common shares is suspended in accordance with applicable laws (excluding the suspension periods for annual and extraordinary shareholders’ meetings);

(2)The period from fifteen (15) business days prior to the book closure date for stock transfer registration for distribution of stock dividends, cash dividends, or subscription rights for cash capital increase, until the record date for the respective rights;

(3)The period from the record date for capital reduction until the business day immediately preceding the commencement of trading of the new shares after such capital reduction;

(4)The period from the starting date of suspension of conversion due to stock denomination change until the business day immediately preceding the commencement of trading of the new shares after such denomination change.

Except for the above-mentioned periods, bondholders may, at any time, through their original securities brokers, request the Taiwan Depository & Clearing Corporation (TDCC) to apply to the Company’s stock affairs agent for the conversion of these convertible bonds into the Company’s common shares, in accordance with Articles 10, 11, 13, and 15 of these Procedures.

The starting date for suspension of conversion due to change in stock denomination refers to the business day immediately preceding the date of application for change of registration with the Ministry of Economic Affairs. The Company shall announce the suspension period for conversion at least four (4) business days prior to such starting date.

 

Other Supplementary note:

Following the Board of Directors’ approval of the amendment to the “Issuance and Conversion Procedures for the Third Domestic Unsecured Convertible Bonds,” creditors may raise objections to the amendment within the period from the date of the creditor announcement for the “Issuance and Conversion Procedures for the Third Domestic Unsecured Convertible Bonds” until December 5, 2025, by submitting their objections to the Company.