[Cheng Loong] Announcement of Board of Directors' Resolution to Increase Capital for Cheng Loong Southeast Asia Holding Co., Ltd.

1. Name and Nature of Target (if preferred stock, indicate preferred stock terms, e.g., dividend rate): Cheng Loong Southeast Asia Holding Co., Ltd.
2. Date of Occurrence: 115/5/12~115/5/12
3. Date of Board of Directors' Approval: May 12, 115
4. Other Approval Dates: Not Applicable
5. Transaction Quantity, Price Per Unit, and Total Transaction Amount:
Transaction Quantity: 50,000,000 shares
Total Transaction Amount: USD 50,000,000
6. Counterparty and Relationship with the Company (if counterparty is an individual and not a related party, their name may be omitted):
Cheng Loong Southeast Asia Holding Co., Ltd.;
Wholly-owned subsidiary (100% ownership)
7. If the counterparty is a related party, also announce the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the date of previous transfer, and the transfer amount:
Not Applicable
8. If the owner of the transaction asset in the last five years was a related party of the company, the acquisition and disposal dates, price, and relationship with the company at the time of transaction should also be announced:
Not Applicable
9. Matters related to the disposal of debt (including type, name, amount of attached collateral, and if the disposed debt is a debt owed to a related party, the name of the related party and the book amount of the debt owed to the related party at the time of disposal):
Not Applicable
10. Profit (or Loss) from Disposal (Not applicable for acquisition of securities) (Deferred items should be listed to explain recognition status):
Not Applicable
11. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements:
Funds to be remitted in installments according to capital needs.
12. Decision Method for This Transaction, Reference Basis for Price Determination, and Decision-Making Unit:
Resolved by the company's Board of Directors.
13. Net Asset Value Per Share of the Company Issuing Securities Acquired or Disposed Of:
NT$18.41 per share
14. Cumulative Quantity, Amount, Shareholding Ratio, and Restrictions on Rights (e.g., pledge status) of This Transaction's Securities Held to Date (including this transaction):
Quantity: 533,680 thousand shares
Amount: USD 533,680 thousand
Shareholding Ratio: 100%
Restrictions on Rights: None
15. To date, according to Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Offered Companies," the proportion of investment in securities (including this transaction) to total assets and equity attributable to owners of the parent company in the latest financial statements, and the amount of working capital in the latest financial statements (Note 2):
Proportion of total assets in the company's individual financial statements for Q4 114: 30.99%
Proportion of equity attributable to owners of the parent company in the company's consolidated financial statements for Q1 115: 58.98%
Amount of working capital in the company's individual financial statements for Q4 114: NT$6,057,314 thousand
16. Broker and Brokerage Fees:
Not Applicable
17. Specific Purpose or Use of Acquisition or Disposal:
To provide additional capital to the subsidiary Cheng Loong Vietnam Paper Investment Co., Ltd.
18. Opinions of Dissenting Directors for This Transaction:
None
19. Is This Transaction a Related Party Transaction? Yes
20. Date of Approval by Supervisor or Audit Committee:
May 12, 115
21. Did an Accountant Issue an Opinion of Unreasonableness for This Transaction? No
22. Name of Accounting Firm:
Not Applicable
23. Name of Accountant:
Not Applicable
24. CPA Practice Certificate Number:
Not Applicable
25. Does it Involve a Change in Business Model? No
26. Explanation of Business Model Change:
Not Applicable
27. Transaction Status with the Counterparty in the Past Year and Expected in the Next Year:
Not Applicable
28. Source of Funds:
Not Applicable
29. Date of Previous Announcement of Material Information on the Same Matter: Not Applicable
30. Other Matters to be Notified: None.