FocalTech Completes Cancellation and Registration of Restricted Employee Shares

1. Date of regulatory approval for capital reduction: 115/06/22
2. Date of completion of capital change registration: 115/06/22
3. Impact on financial statements (including differences in paid-in capital and outstanding shares, and impact on net asset value per share):
(1) This cancellation involved 81,999 restricted employee shares, each with a par value of NT$10, resulting in a total capital reduction of NT$819,990.
(2) Before share cancellation and capital reduction: The company's paid-in capital was NT$2,211,512,150, with 221,151,215 outstanding shares and net asset value per share of NT$40.27.
(3) After share cancellation and capital reduction: The company's paid-in capital is now NT$2,210,692,160, with 221,069,216 outstanding shares and net asset value per share of NT$40.28.
The net asset value per share is based on the most recent financial report (Q1 of year 115) reviewed by auditors, using shareholders' equity attributable to the parent company as presented in the balance sheet under the Financial Reporting Standards for Securities Issuers.
4. Planned share exchange program: Not applicable
5. Expected number of listed common shares after capital reduction: Not applicable
6. Ratio of listed common shares to total issued common shares after reduction (listed shares / total issued shares): Not applicable
7. If the number of listed common shares after reduction is less than 60 million and less than 25%, explain measures for low share liquidity: Not applicable
8. Other matters to be disclosed:
This registration also includes the issuance of 1,386,800 restricted employee shares. After registration, the total number of shares is 222,456,016.