TPK : The Board of Directors of TPK resolved to approve the proposed offering of GDRs through the issuance of new common shares by capital increase.

The Board of Directors of TPK resolved to approve the proposed offering of GDRs through the issuance of new common shares by capital increase.

2017-08-07

1.Date of the board of directors resolution:2017/08/07

2.Source of capital increase funds:

Participating in GDRs offering by issuing new common shares for cash

3.Number of shares issued:

Planning to issue 48,000,000 to 60,000,000 shares

4.Par value per share:NT$10

5.Total monetary amount of the issue:To be determined

6.Issue price:To be determined

7.Number of shares subscribed by or allotted to employees:

In accordance with the resolutions of 2017 annual general meeting of

shareholders and the meeting of the board of directors, 10% of the new

common shares to be issued will be reserved for subscription by the

employees of TPK and its subsidiaries. For those shares not subscribed

by employees, it is further proposed to authorize the Chairman to allot

these shares for subscription by specific persons at the issue price,

or that the Chairman may use these shares as the underlying shares of the

issuance of GDRs, depending on the then market conditions.

8.Number of shares publicly sold:

In accordance with the resolutions of 2017 annual general meeting of

shareholders and the meeting of the board of directors, 10% of the

new common shares to be issued will be reserved for subscription by

the employees of TPK and its subsidiaries. The remaining 90% will be

publicly offered as the underlying shares of the proposed issuance of GDRs.

9.Ratio of shares subscribed by or allotted as stock dividends to existing

shareholders:NA

10.Method of handling fractional shares and shares unsubscribed by the

deadline:

The Chairman is authorized to offer the shares not subscribed by

employees to specific persons at the issue price or to use such shares

as the underlying securities of the GDRs offering.

11.Rights and obligations of the newly issued shares:

Same as the issued and outstanding common shares of TPK.

12.Utilization of the funds from the capital increase:

Procuring raw materials overseas.

13.Any other matters that need to be specified:None