Fucai: Board of Directors Resolves to Conduct Cash Capital Reduction

1. Date of Board of Directors' Resolution: 2026/04/09
2. Reason for Capital Reduction: The Company plans to conduct a cash capital reduction to return capital to shareholders in order to adjust its capital structure.
3. Capital Reduction Amount: NT$3,379,404,600
4. Shares to be Eliminated: 337,940,460 shares (including 32,056,559 privately placed common shares)
5. Capital Reduction Ratio: Approximately 45.79508488%
6. Capital After Reduction: NT$4,000,000,000 (including NT$379,434,410 of privately placed common shares)
7. Scheduled Date of Shareholders' Meeting: 2026/05/26
8. Estimated Number of Listed Common Shares After Capital Reduction and New Share Listing: 362,056,559 shares
9. Estimated Ratio of Listed Common Shares After Capital Reduction and New Share Listing to Total Issued Common Shares (Number of listed common shares after reduction / Total issued common shares after reduction): Approximately 90.51%
10. If the estimated number of listed common shares after capital reduction in the preceding two items is less than 60 million shares and less than 25%, please explain the measures to address low equity liquidity: Not applicable.
11. Capital Reduction Record Date: The Chairman is authorized to set the capital reduction record date and the record date for new share exchange after the shareholders' meeting approves and the competent authority approves the filing.
12. Other Matters to Be Stated:
(1) This planned cash capital reduction amounts to NT$3,379,404,600, eliminating 337,940,460 shares. Based on the Company's current total issued shares of 737,940,460 common shares, the capital reduction ratio is approximately 45.79508488%. Approximately NT$4.57950849 (rounded down to the nearest dollar) will be returned per share. The capital after reduction will be NT$4,000,000,000, totaling 400,000,000 shares. However, the actual paid-in capital and actual capital reduction ratio after the reduction will be calculated based on the total issued shares on the record date for new share exchange.
(2) Based on the total issued shares calculated in the preceding item, approximately 457.95084877 shares will be reduced per thousand shares (i.e., approximately 542.04915123 shares will be exchanged per thousand shares). For odd lots less than one share after the capital reduction, shareholders may apply to the Company's stock affairs agency, Taishin Securities Co., Ltd. Stock Affairs Agency Department, to combine them into whole shares from five business days before the book closure date for capital reduction and new share exchange until one business day before the book closure date. Odd lots still less than one share after combination will be paid in cash based on the closing price on the last trading day in the centralized securities exchange market before the record date for new share exchange, calculated proportionally (to offset centralized custody transfer fees or scripless registration fees), rounded down to the nearest dollar. The Chairman is authorized to negotiate with specific persons to subscribe to these odd lots at that closing price.
(3) The new shares exchanged in this cash capital reduction will be issued in scripless form, and their rights and obligations are the same as the original shares. The Chairman is authorized to set the capital reduction record date and the record date for new share exchange and other related matters after the shareholders' meeting approves and the competent authority approves the filing.
(4) Before the record date for this cash capital reduction, if the Company's capital changes, affecting the number of outstanding shares, and requiring adjustment of the capital reduction ratio and the amount returned per share, or if this capital reduction plan needs to be amended due to changes in laws, instructions from the competent authority, or other objective environmental changes, the shareholders' meeting is requested to authorize the Chairman to handle it.