【Giant】The company's board of directors resolved to conduct the first share repurchase of the company's stock.

1. Date of board resolution: 2026/05/08 (Republic of China Calendar Year 115/05/08)
2. Purpose of share repurchase: To transfer shares to employees.
3. Type of shares to be repurchased: Common shares.
4. Upper limit of total amount for share repurchase (NTD): 28,914,080,517
5. Scheduled period for repurchase: 2026/05/08 ~ 2026/07/07
6. Scheduled quantity of shares to be repurchased: 4,000,000 shares
7. Repurchase price range (NTD): 60.00 ~ 100.00. The company will continue to repurchase if the stock price falls below the lower limit of the price range.
8. Repurchase method: Repurchase from the centralized trading market.
9. Ratio of scheduled repurchased shares to the total outstanding shares of the company (%): 1.02
10. Cumulative number of company shares held at the time of declaration: 0
11. Status of company share repurchases within the five years prior to the declaration: None.
12. Status of declared but uncompleted share repurchases: Not applicable.
13. Board meeting minutes regarding the resolution for share repurchase:
Case: The company's share repurchase and the first plan for transferring repurchased shares to employees.
Explanation:
1. Handled in accordance with Article 28-2 of the Securities and Exchange Act and the "Regulations Governing Share Repurchases by Publicly Held Companies."
2. Matters related to the planned share repurchase are stipulated as follows:
(1) Purpose of share repurchase: To transfer shares to employees.
(2) Type of shares to be repurchased: The company's common shares.
(3) Upper limit of total amount for share repurchase: In accordance with laws and regulations, the upper limit for the total amount of share repurchase shall not exceed NT$28,914,080,517. The upper limit for the amount required for this repurchase is NT$400,000,000.
(4) Scheduled period and quantity for repurchase: Repurchase 4,000,000 shares from May 8, 2026, to July 7, 2026.
(5) Repurchase price range: Between NT$60 and NT$100 per share. However, if the company's stock price falls below the prescribed lower limit of the repurchase price range, the company will continue to execute the share repurchase.
(6) Repurchase method: Repurchase from the centralized trading market.
3. In accordance with the "Regulations Governing Share Repurchases by Publicly Held Companies," the company has drafted its "First Plan for Transferring Repurchased Shares to Employees."
4. This case has been entrusted to Deloitte & Touche to issue an opinion on the reasonableness of the repurchase price.
5. The total number of shares planned for repurchase accounts for only 1.02% of the company's total outstanding shares, and this treasury stock repurchase will be funded by the company's own capital. The upper limit of the amount required for the repurchase accounts for only 0.88% of the company's current assets. Therefore, this share repurchase has considered the company's financial status and is not sufficient to affect the company's capital maintenance. A statement will be issued by the board of directors.
6. For any unresolved matters mentioned above, or if revisions are required due to instructions from competent authorities or based on evaluation, the chairman is authorized to handle them with full authority and report to the nearest board meeting. Thereafter, in accordance with Article 28-2, Paragraph 7 of the Securities and Exchange Act, the board's resolution on share repurchases and the actual execution status shall be reported to the next shareholders' meeting.
7. Please refer to Appendix 9 for the plan for transferring repurchased shares to employees, expert opinions, and statements.
8. Submitted for discussion.
Resolution: Unanimously approved by all directors.
14. Regulations for transfer under Article 10 of the "Regulations Governing Share Repurchases by Publicly Held Companies":
Giant Manufacturing Co. Ltd. First Plan for Transferring Repurchased Shares to Employees, established on May 8, 2026.
Article 1: To motivate and enhance employee loyalty, the company establishes this plan for transferring repurchased shares to employees in accordance with Article 28-2, Paragraph 1, Subparagraph 1 of the Securities and Exchange Act and relevant regulations such as the "Regulations Governing Share Repurchases by Publicly Held Companies" promulgated by the Financial Supervisory Commission. The company's transfer of repurchased shares to employees shall be conducted in accordance with this plan, in addition to relevant laws and regulations.
Article 2: The shares transferred to employees in this instance are common shares. Their rights and obligations shall be the same as other outstanding common shares, unless otherwise stipulated in this plan or relevant laws and regulations. Unless otherwise stipulated in this plan or relevant laws and regulations, there shall be no transfer restrictions on the acquired shares, and employees may freely transfer them after acquisition.
Article 3: The shares repurchased in this instance may be transferred to employees in one or more batches within 5 years from the date of repurchase, in accordance with the provisions of this plan.
Article 4: Employees of the company and its subsidiaries (in which the company directly or indirectly holds more than 50% of the voting shares of the same investee company) who have been employed for at least one year by the record date for subscription, or those who have made special contributions to the company and have been approved by the board of directors, shall be eligible to subscribe for shares in accordance with the subscription quantity stipulated in Article 5 of this plan. The subscription qualifications for part-time personnel, consultants, or short-term contracted personnel shall be separately determined by the board of directors based on their contributions.
Article 5:
I. The company shall determine the number of shares that employees may receive based on criteria such as employee rank, years of service, work performance, and special contributions to the company, while also considering factors such as the total amount of repurchased shares held by the company at the subscription record date and the upper limit of shares subscribed by a single employee. The actual specific subscription qualifications and quantity shall be resolved by the board of directors.
II. Approval process:
• Managers: Shall first be submitted to the Remuneration Committee for review, then reported to the board of directors for resolution.
• General employees: Shall first be submitted to the Audit Committee for review, then reported to the board of directors for resolution.
Article 6: Operating procedures for transferring repurchased shares to employees:
I. Based on the resolution of the board of directors, announce, declare, and repurchase the company's shares within the execution period.
II. The board of directors shall formulate and announce operational matters in accordance with this plan, such as the record date for employee subscriptions, criteria for eligible subscription quantity, subscription payment period, content of rights, and restrictions.
III. Compile the actual subscribed and paid-in shares and handle the registration of share transfer.
Article 7: For the transfer of repurchased shares to employees, the transfer price shall be the average price of the actual repurchase. However, if there is an increase or decrease in the company's issued common shares before the transfer, the transfer price may be adjusted proportionally to the increase or decrease in issued shares.
Transfer Price Adjustment Formula:
Adjusted Transfer Price = Average Price of Actual Repurchase X Total Number of Common Shares Issued at the Time of Declaration of Repurchase / Total Number of Common Shares Issued Before Transferring Repurchased Shares to Employees.
Article 8: