Taishin Financial : FHC's Board Meetings' Resolution on New Issuance of Common Shares from Earnings

Taishin FHC's Board Meetings' Resolution on New Issuance of Common Shares from Earnings

1.Date of the board of directors resolution: 2017/04/27
2.Source of capital increase funds:2016 distributable retained earnings of NT$4,112,896,000.
3.Number of shares issued:411,289,600 common shares.
4.Par value per share:NT$10 per share
5.Total monetary amount of the issue: NT$4,112,896,000.
6.Issue price:N/A
7.Number of shares subscribed by or allotted to employees:None.
8.Number of shares publicly sold:None.
9.Ratio of shares subscribed by or allotted as stock dividends to existing shareholders:42.97 shares for every 1,000 shares.
10.Method of handling fractional shares and shares unsubscribed by the deadline: Shareholders with fractional shares are allowed to combine the shares as one shareholder. The remaining overdue fractional shares will be paid in cash according to the par value. If the amount is less than NT$1, it is rounded up to NT$1. The accumulated fractional shares will be purchased based on the par value by designated people specified by the chairman authorized by the boarding meeting.
11.Rights and obligations of the newly issued shares: Same as common shares.
12.Utilization of the funds from the capital increase: To strengthen financial structure.
13.Any other matters that need to be specified:
The amount of dividends distributed to each common share is based on 9,570,327,370 shares outstanding as at March 31, 2017; and however, the
amount per share actually distributed will vary due to any treasury stock transactions, exercise of employee stock options, and conversion of Class D preferred shares that occurs before the ex-right date, while the total distributed dividends amounts will remain unchanged.