Tian Han Announces Board Resolution on Cash Capital Increase via Issuance of Ordinary Shares

1. Board resolution date: 115/06/22
2. Source of capital increase: Cash issuance of ordinary shares.
3. Use of shelf registration for new share issuance (yes/no): No
4. Total issuance amount and number of shares (excluding employee allocation if from surplus or reserves): Issue up to 32,200,000 ordinary shares, with a total par value not exceeding NT$322,000,000.
5. Amount and number of shares issued under shelf registration: Not applicable
6. Remaining amount and share balance after this issuance under shelf registration: Not applicable
7. Par value per share: NT$10
8. Issue price: The actual issue price per share will be determined by the Chairman, in consultation with the underwriter, based on market conditions, after the cash issuance plan is filed and becomes effective with the Financial Supervisory Commission.
9. Number of shares or amount allocated for employee subscription: 10%-15% reserved for subscription by company employees, as stipulated by Article 267 of the Company Act.
10. Number of shares offered for public sale: 10% of the total new shares issued will be offered to the public, in accordance with Article 28-1 of the Securities and Exchange Act.
11. Subscription ratio for existing shareholders or free allocation: 75% to 80% of the total new shares issued will be offered to existing shareholders in proportion to their holdings as recorded in the shareholder register on the subscription benchmark date.
12. Handling of fractional shares and unclaimed shares: Fractional shares less than one share arising from insufficient subscription by existing shareholders may be consolidated by shareholders through the company's share agent within five days from the share transfer suspension date. Unclaimed fractional shares, including those abandoned by existing shareholders and employees, shall be authorized to be subscribed by designated parties at the issue price by the Chairman.
13. Rights and obligations of the newly issued shares: Same as existing issued ordinary shares.
14. Use of proceeds from capital increase: To strengthen working capital and purchase machinery and equipment.
15. Rationality and necessity of fundraising after cash reduction (applicable if cash reduction was conducted in the current or previous year): Not applicable
16. Other matters to be disclosed:
(1) After the filing becomes effective with the competent authority, the Chairman is authorized to determine the subscription benchmark date, actual payment period, capital increase benchmark date, share distribution date, and other related matters.
(2) If changes or amendments are required due to legal changes, regulatory instructions, operational assessments, or objective market conditions, or if there are other unaddressed matters, the Chairman is fully authorized to handle all aspects of this cash issuance plan.