ASROCK Incorporation : On behalf of ASRock Rack Inc. announce the Board of Directors' resolution for the new share issuance through capitalization of earnings

 On behalf of ASRock Rack Inc. announce
the Board of Directors' resolution for the new
share issuance through capitalization of earnings

1.Date of the board of directors resolution:2022/02/22
2.Source of capital increase funds:Capitalization of earnings
3.Whether to adopt shelf registration (Yes, please state issuance period/No):
NA
4.Total monetary value of the issuance and number of shares issued (shares
 issued not including those distributed to employees if consisting in
 capital increase from earnings or capital surplus):
Total monetary value of the issuance:NT$60,080,310
Number of shares issued:6,008,031 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:NA
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:NA
7.Par value per share:NT$10
8.Issue price:NA
9.Number of shares subscribed for by or allocated to employees:NA
10.Number of shares publicly sold:NA
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:
131.39 shares stock dividends per one thousand existing shares
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:
Shareholders shall subscribe to the company's stock affairs agency
to compose a complete share from stock dividends less than one share
within 5 days from book closure starting date. The stock dividends
less than one share after composition or forfeited composition
by shareholders will be distributed in cash
(fractional part are rounded down) according to Company Act Article 240
and the shares will be subscribed by a specific person assigned by the
Chairman of the Company who has been authorized by
the Board of Directors.
13.Rights and obligations of these newly issued shares:
Same as existing ordinary shares
14.Utilization of the funds from the capital increase:
Strengthen the capital structure.
15.Any other matters that need to be specified:NA