Nova Technology : The Board has resolved the plan of the replacement of shares for the change in the par value of shares.

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Provided by: NOVA TECHNOLOGY CORP.
SEQ_NO	1	Date of announcement	2022/08/02	Time of announcement	17:43:03
Subject	The Board has resolved the plan of the replacement of shares for the change in the par value of shares.
Date of events	2022/08/02	To which item it meets	paragraph 36
Statement	1.Date of the competent authority's approval of capital reduction:NA 2.Date of completion of capitalization change registration:2022/06/16 3.Effect on the financial statements (including any discrepancy between the amount of paid-in capital and the no.of shares outstanding, and the effect on net worth per share): (1)Original par value (NT$), total number of shares issued, and net worth per share: The face value per share is NT$10, the paid-in capital is NT$339,280,000, and the number of outstanding shares is 33,928,000 ; net worth per share NT$76.08 (2)New par value (NT$), expected total number of shares issued and net worth per share: The face value per share is NT$5, the paid-in capital is NT$339,280,000, and the number of outstanding shares is 67,856,000 ; net worth per share NT$38.04 4.Plan for expected exchange of shares: (1)The preliminary plan of the replacement of share certificates for the change in the par value of shares was based on Taipei Exchange Rules Governing Securities Trading on the TPEx and Taipei Exchange Operating Procedures for Replacement Issues of TPEx Listed Securities. (2)The Record date of replacement of shares: 2022/08/26 (3)The name, number of shares, face value and total amount of the securities subject to the full exchange: (a)The classes of the replacement of shares: The common shares of Nova Technology Corp. (b)The total number replacement of shares: The face value per share is NT$10, the paid-in capital is NT$339,280,000, and the number of outstanding shares is 33,928,000 (c)The amount and the number of shares after the change in the par value of shares: The face value per share is NT$5, the paid-in capital is NT$339,280,000, and the number of outstanding shares is 67,856,000 (4)The new shares will be issued without any entity, and the rights and obligations of the new shares will be the same as those of the original shares. (5)Schedule: (a)The last trade day of old shares:2022/8/17 (b)Trading suspension period of old shares: From 2022/8/18 to 2022/8/26 (c)Book closure ending date:2022/8/21 (d)The period of book closure date of old shares: From 2022/8/22 to 2022/8/26 (e)Record date of replacement of shares:2022/8/26 (f)Exchange Date:2022/8/29 (g)Anticipated listing date for the new shares:2022/8/29 (h)From the day when the new stocks are listed for trading, the old stocks shall not be used as the subject of trading and delivery. (6)Conversion procedure: (a)The new shares will be issued without any entity, and the relevant operations are according to the Book-entry delivery transfer operations of the Taiwan Depository & Clearing Corporation. (b)Since the book closure ending date is 2022/8/21 which is a regular holiday, please come to KGI Securities Registry and Transfer Department (5F., No.2, Sec. 1, Chongqing S. Rd., Zhongzheng Dist., Taipei City) in advance before 17:00 on 2022/8/19. Applications submitted by post will only be accepted if postmarked no later than 2022/8/21 (the book closure ending date). (c)For those who participate in the centralized transfer of accounts with Taiwan Depository & learing Corporation (TDCC), the Company's Shareholder's Affairs will go through the transfer procedures according to the information submitted by them. (d)Our company's agent of stock affairs: KGI Securities Registry and Transfer Department. Address: 5F., No.2, Sec. 1, Chongqing S. Rd., Zhongzheng Dist., Taipei City. Tel: [phone] (7)For any issues not covered in here will be subjected to the other related regulations. (8)The proposal was already approved by the TPEx. Within the time limit stipulated by TPEx, the relevant documents will be sent by letter, and make an announcement in the required Internet information reporting system. (9)The replacement plan reported to TPEx and the Chairman was authorised to react if any changes in schedule. 5.Estimated no.of listed common shares after capital reduction and new issue:NA 6.Estimated no.of listed common shares as a percentage of issued common shares after capital reduction and new issue (No.of common shares after capital reduction/No.of issued common shares):NA 7.Countermeasures for poor circulation of equity if the aforesaid estimated no.of listed common shares does not reach 5 million shares and the percentage does not reach 25% after capital reduction:NA 8.Any other matters that need to be specified: (1)Book value per share is calculated based on the 2022Q2 Consolidated Financial Report with Independent Auditors' Review Report. (2)The company is changing the denomination of shares, and the denomination per share has been changed from NT$10 to NT$5. It has obtained the approval letter for change registration from the Central Region Office, Ministry of Economic Affairs on 2022/6/16. (No.11133359520),and the approval letter from TPEx Center on 2022/6/29 (No.1110006528).