Today's Information

Provided by: IntelliEPI Inc.?]Cayman?^
SEQ_NO 3 Date of announcement 2022/03/23 Time of announcement 14:51:35
Subject 
 Issue new restricted employee shares
Date of events 2022/03/23 To which item it meets paragraph 11
Statement 
1.Resolution date of the board of directors: 2022/03/23
2.Expected issue price:
Set to be NTD0.
3.Expected total amount (shares) of issuance:
300,000 common shares with NTD10 par.
4.Vesting conditions:
employees not against this Plan, labor contract,
employment agreement, work rules or employee handbook
will be granted with following schedule. Shares
granted is rounded in share. Chairman is authorized for
grant day.
 (a) 3 months after Grant Day：40% of the total number
 of the granted restricted employee shares.
 (b) 15 months after Grant Day：30% of the total number
 of the granted restricted employee shares.
 (c) 27 months after Grant Day：30% of the total number
 of the granted restricted employee shares.
5.Measures to be taken when employees fail to meet the vesting
 conditions or in the event of inheritance:
The Company shall redeem and cancel all new restricted
employee shares from any employees whom received the new
restricted employee shares but fail to meet the vesting
conditions
6.Other issuance criteria:
Shall follow terms and conditions
7.Qualification criteria for employees:
Shall follow terms and conditions
8.The reason the current issuance of RSA is necessary:
To attract and retain professional personnel needed by the
Company, to motivate employees and enhance their centripetal
force so as to jointly create the Company's and shareholders'
 interests
9.Calculated expense amount:
Based on 30 consecutive average closed prices prior to March 15,
2022 the annual expensed amount from 2022 to 2024 is estimated
to be NT$7,990 thousands, NT$5,992 thousands and NT$5,992
thousands respectively
10.Dilution of the Company's earnings per share (EPS):
Potential dilution of EPS from 2022 to 2024 is estimated to be
NT$0.22, NT$0.16, and NT$0.16 respectively, which shall not
have significant negative impact
11.Other matters affecting shareholder's equity:
None
12.Restrictions before employees meet the vesting conditions
 once the RSA are received or subscribed for:
During vesting term, the new restricted employee shares may not
be sold, pledged, transferred, donated or otherwise disposed of.
Cash or stock dividends received from new restricted employee
shares are safekeeping by custodian. Shareholders meeting attendance,
submit the proposal, make a statement or voting rights are based
on custodian or trust agreement
13.Other important terms and conditions (including stock trust
 custody, etc.):
The new restricted employee shares shall be filed to the Competent
Authority in multiple tranches over a period of 1 year from the
resolution of Shareholders Meeting. After the approval of the
Shareholders Meeting, the Board of Directors is authorized for issuance
details. The issuance shall be granted in one tranche or multiple
tranches depending on actual needs, over a period of 1 year from
the date of Competent Authority approval
14.Any other matters that need to be specified:
None

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IntelliEPI Inc. (Cayman) published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 06:53:03 UTC.