The board of directors of Chang Wah Electromaterials Inc. resolved to distribute a cash dividend of TWD 1.62384810 per share from appropriations of earnings and TWD 0.37615190 per share from legal reserve and capital surplus, with total amount of cash distributed to shareholders is TWD 1,374,844,664, for the second half year ended December 31, 2023. The date of the board of directors? resolution is March 12, 2024.

The company announced adjustment of dividend payout ratio. Type and monetary amount of dividend distribution after the change: Earnings distribution-Second Half of 2023: Cash dividends: The overall cash dividend amounts to TWD 1,116,269,447 dollars at TWD 1.59174497 per share. Distribute cash out of capital surplus: The overall cash dividend amounts to TWD 258,575,217 dollars at TWD 0.36871545 per share.

Reason for the change: Due to the conversion into common shares of the 5th domestic unsecured convertible bonds, the number of outstanding common shares increased accordingly. Therefore, the Company adjusts the dividend payout ratio.