Asia Vital Components : Announcement on the revision of the 2022 Employee Stock Option Certificate Issuance and Share Subscription Measures by the Board of Directors of the Company.

 Announcement on the revision of the 2022 Employee
Stock Option Certificate Issuance and Share Subscription
Measures by the Board of Directors of the Company.

1.Date of occurrence of the event:2022/07/07
2.Date of the original announcement and reporting:2022/03/17
3.Summary of the content originally announced and reported:
(1) The company announced on 2022/3/17 that the board of directors has
resolved to issue the 2022 employee stock option certificate issuance
and stock subscription method.
(2)Provisions before amendments to the Measures for Issuance and S
ubscriptionof Shares:
Article 3: Qualification requirements for stock options: limited to
full-time employees of the company and its domestic and foreign
subsidiaries on the base date of each issuance of stock subscription
qualifications. (omitted below)
Article 7: Adjustment of the subscription price:
(1) After the issuance of this warrant certificate, in the event of a
change in the Company's ordinary shares (i.e. cash capital increase,
surplus capital increase, capital reserve capital increase, company merger,
stock split and For cash capital increase (including private placement) to
participate in the issuance of overseas depositary receipts, etc.), the
share subscription price should be adjusted according to the following
formula (The calculation will be rounded off to 0.1 NT Dollar). (Omitted
below)
(2) Adjusted subscription price = subscription price before adjustment ×
{number of issued shares + [(payment amount per share) × Number of new
shares issued) / subscription price before adjustment]}/ (number of issued
shares + number of new shares issued) (omitted below)
(3) In the event of a reduction in ordinary shares not due to the
cancellation of treasury shares, the adjusted subscription price shall
 be calculated according to the following formula and adjusted on the
base date of capital reduction (exchange):
When reducing capital to cover losses:
Adjusted subscription price = subscription price before adjustment ×
(number of shares issued before capital reduction / number of shares
issued after capital reduction)
In case of cash capital reduction:
Adjusted subscription price = (subscription price before adjustment
- cash refund per share) × (number of ordinary shares issued before
capital reduction / number of ordinary shares issued after capital
reduction). (omitted below)
4.Reason for change and its main content:
(1) According to the letter No. 1110347696 of the Financial Supervisory
Commission R.O.C. on June 30, 2022, and the board of directors ratified
and revised some provisions of Articles 3 and 7 of the measures for the
issuance of employee stock options and share subscription in 2022 on
July 7, 2022.
(2)The revised provisions of the Issuance and Subscription Measures:
Article 3: Based on the company and domestic and foreign controlled or
subordinate companies on the base date of the subscription qualification
 for each issuance (the controlled or subordinate company is recognized
in accordance with the standards of articles 369-2, 369-3, paragraph 2
of article 369-9, and article 369-11 of the company law.) Only full-time
 regular employees. (omitted below)
Article 7: Adjustment of the subscription price:
(1) After the issuance of this warrant certificate, in the event of a
change in the Company's ordinary shares (include cash capital increase
 (include Private placement, surplus capital increase, capital reserve
capital increase, company merger, stock split and For cash capital
increase (including private placement) to participate in the issuance
of overseas depositary receipts, etc.), the share subscription price
should be adjusted according to the following formula (The calculation
 will be rounded off to 0.1 NT Dollar). (Omitted below)
(2) Adjusted subscription price = subscription price before adjustment ×
{number of issued shares + [(payment amount per share) × Number of new
shares issued) / subscription price before adjustment]}/ (number of
issued shares + number of new shares issued)
When the stock denomination changes: the adjusted conversion price = the
conversion price before the adjustment (the number of ordinary shares
issued before the change of stock denomination / the number of ordinary
shares issued after the change of stock denomination) (omitted below)
(3) In the event of a reduction in ordinary shares not due to the
cancellation of treasury shares, the adjusted subscription price shall
be calculated according to the following formula and adjusted on the
base date of capital reduction (exchange):
When reducing capital to cover losses:
Adjusted subscription price = subscription price before adjustment ×
(number of shares issued before capital reduction / number of shares
issued after capital reduction)
In case of cash capital reduction:
Adjusted subscription price = (subscription price before adjustment
- cash refund per share) × (number of ordinary shares issued before
capital reduction / number of ordinary shares issued after capital
reduction). When the stock denomination changes: the adjusted
conversion price = the conversion price before the adjustment (the
number of ordinary shares issued before the change of stock
denomination / the number of ordinary shares issued after the change
of stock denomination)(omitted below)
5.Impact on the Company's finance and business after the change: None.
6.Any other matters that need to be specified: None.