All Ring Tech : Approved 10th treasury share repurchase program by All-Ring Tech's Board Meeting.

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Provided by: ALL RING TECH CO., LTD.
SEQ_NO	4	Date of announcement	2022/08/09	Time of announcement	18:09:54
Subject	Approved 10th treasury share repurchase program by All-Ring Tech's Board Meeting.
Date of events	2022/08/09	To which item it meets	paragraph 35
Statement	1.Date of the board of directors resolution:2022/08/09 2.Purpose of the share repurchase:Transfer to employees. 3.Type of shares to be repurchased:Common Stock 4.Ceiling on total monetary amount of share repurchase (NTD):NTD 1,240,155,311 5.Scheduled period for the repurchase:2022/08/09~2022/10/07 6.No.of shares to be repurchased (shares):1,200,000 shares 7.Repurchase price range (NTD):NTD55.00~NTD110.00 per share.If the market price of the Company stock is below the above range, the Company will continue to repurchase shares. 8.Method for the repurchase:Purchase directly from the Taipei Exchange 9.Shares to be repurchased as a percentage of total issued shares of the company (%):1.44% 10.Cumulative no.of the company's own shares held at the time of reporting (shares):1,870,000 shares 11.Status of repurchases within three years prior to the time of reporting:From 2020/03/19 to 2020/05/15, 1,870,000 Company shares were repurchased. 12.Status of repurchases that have been reported but not yet completed: The fifth time repurchase is planned at 2,000,000 shares, but actually repurchased 356,000 shares. The reason for incomplete repurchase is due to the purpose of improving shareholders' benefit has been achieved.In consideration of the best utilization of the Company's working capital,the plan is not able to complete as proposed. The sixth time repurchase is planned at 3,000,000 shares, but actually repurchased 1,032,000 shares. The reason for incomplete repurchase is due to the purpose of improving shareholders' benefit has been achieved.In consideration of the best utilization of the Company's working capital,the plan is not able to complete as proposed. The seventh time repurchase is planned at 3,000,000 shares, but actually repurchased 1,097,000 shares. The reason for incomplete repurchase is due to the purpose of improving shareholders' benefit has been achieved.In consideration of the best utilization of the Company's working capital,the plan is not able to complete as proposed. The eighth time repurchase is planned at 3,000,000 shares, but actually repurchased 915,000 shares. The reason for incomplete repurchase is due to the purpose of improving shareholders' benefit has been achieved.In consideration of the best utilization of the Company's working capital,the plan is not able to complete as proposed. The ninth time repurchase is planned at 3,000,000 shares, but actually repurchased 1,870,000 shares. The reason for incomplete repurchase is due to the purpose of the company's long-term financial planning. In consideration of the best utilization of the Company's working capital, the plan is not able to complete as proposed. 13.Minutes of the board of directors meeting that resolved for the share repurchase:2022/08/09 Board Meeting. 14.The Rules for Transfer of Shares set forth in Article 10 of the Regulations Governing Share Repurchase by TWSE-listed and TPEx-Listed Companies:All-Ring Tech's rules for transfer of shares 15.The Rules for Conversion of Shares or the Rules for Subscription of Shares set forth in Article 11 of the Regulations Governing Share Repurchase by TWSE-listed and TPEx-Listed Companies:N/A 16.Declaration that the financial status of the company has been considered by the board of directors, and that its capital maintenance will not be affected: The aforesaid total volume of the repurchase accounts for 1.44% of the Company's outstanding shares,and the maximum dollar amount needed accounts for 3.98% of the Company's current assets. The board of directors has considered the financial situation of the Company. The repurchase plan will not affect the capital maintenance of the Company. 17.Appraisal or opinion by a CPA or securities underwriter about the reasonableness of the share repurchase price: Based on the above evaluation,the pricing to the repurchase plan of All-Ring Tech's is reasonable and fair.The setting of the price range will have no major influence to the Company's financial structure. 18.Any other matters stipulated by the SFB:N/A