AUO : The record date of capital reduction, the record date of share replacement, and the plan for replacement of share certificates for the capital reduction

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Provided by: AUO Corporation
SEQ_NO	1	Date of announcement	2022/08/10	Time of announcement	17:48:49
Subject	The record date of capital reduction, the record date of share replacement, and the plan for replacement of share certificates for the capital reduction
Date of events	2022/08/10	To which item it meets	paragraph 11
Statement	1.Date of the board of directors resolution:NA 2.Record date of capital reduction:2022/08/10 3.Plan for capital reduction and replacement of shares: (1) The resolution of capital reduction by returning share capital in cash was approved by the 2022 Annual General Shareholders' Meeting on 2022/6/17 and by Taiwan Stock Exchange Corporation on 2022/8/10 (Ref. No. 1111803808). Following the "Operating Rules of the Taiwan Stock Exchange Corporation" and" Taiwan Stock Exchange Corporation Procedures for the Exchange of Securities Certificates by TWSE Listed Companies," the Company shall set the plan for capital reduction and replacement of shares. (2) The matters of the plan are as follows: a. As of the record date of replacement of shares(2022/10/7), the shares to be transferred include all the listed common shares amounted 9,624,245,115 shares with par value NTD 10, amounted NTD 96,242,451,150. b. Total shares and amount of capital reduction: 1,924,849,023 shares; par value NTD 10; amounted NTD 19,248,490,230. Capital reduction ratio: 20%. c. Total shares and amount of the common shares after the capital reduction: 7,699,396,092 shares; par value NTD 10; capital-common shares NTD 76,993,960,920. d. According to the total shares issued in the preceding paragraph, it is estimated that 800 shares are transferred per thousand share (that is, 200 shares are reduced per thousand shares) and cash refund NTD 2,000. After capital reduction, shareholders may combine shares of common stock less than 1 share with the stock transfer agency of the Company between 5 days prior to the record date and the day before the record date of the capital reduction and share transfer. For fractional shares of common stock that are still less than 1 share after combination, cash deducted book-entry transfer and dematerialized registration fees will be distributed at the closing price (rounded up to the nearest integer) on the last trading date at the stock exchange market before the record date for stock conversion; Chairperson is authorized to appoint a specific party to subscribe to such fractional shares at the closing price. e. Shares transferred from the capital reduction will be the same rights and obligations with original shares. (3) Schedule: a. The last trading day of old shares: 2022/9/28 b. Period of suspension of old shares: 2022/9/29~2022/10/7 c. Last date before book closure of old shares: 2022/10/2 d. Book closure period: 2022/10/3~2022/10/7 e. Record date of replacement of shares: 2022/10/7 f. The date of the listing for trading of new shares, and the date of delisting of the old shares: 2022/10/11 g. Cash refund payment date: 2022/10/11 h. From the date of listing and trading of new shares, old shares shall not be used as a subject of trading and delivery. (4) Conversion procedure: a. The stock transfer agency of the Company will send the notice of replacement of old share certificates of capital reduction to shareholders to replace new shares. b. Since the Company has issued paperless shares, for the shareholders who do not have a centralized custody account, please open one with your current security firm to ensure the conversion operation can be carried out. c. The shareholders who hold physical share certificates or old share certificates which not been received are requested to stamp on the receipt of non-received shares and related documents. Please go to the stock transfer agency of the Company to apply for replacement share certificates. d. The Taiwan Depository & Clearing Corporation will transfer all the paperless shares which have been deposited in centralized custody accounts on the first trading date of the new shares. e. Method of transferring: Since the book closure ending date is 2022/10/2, which is a regular holiday, the shareholders who need to transfer shares shall go to Taishin Securities Co., Ltd. Stock Affairs Department, which is the Company's stock transfer agency (B1, No. 96, Jianguo N. Rd., Sec. 1, Taipei City) in person before 16:30 on 2022/9/30. The shareholders who submit by mail will only be accepted if postmarked no later than 2022/10/2 (the book closure ending date). For those who participate in the centralized transfer of accounts with Taiwan Depository & Clearing Corporation, the Company's stock transfer agency will go through the transfer procedures according to the information submitted by their information. f. Location of transferring: The stock transfer agency of the Company, Taishin Securities Co., Ltd. Stock Affairs Department Address: B1, No. 96, Jianguo N. Rd., Sec. 1, Taipei City Tel: [phone] (5) The plan for capital reduction and replacement of shares will be executed after Taiwan Stock Exchange Corporation approves. The regulator's order or other objective environmental changes, the Chairperson is hereby authorized to deal with relative matters. (6) Other unaccomplished matters shall proceed in accordance with the Company Act and other relevant regulations. 4.Record date of replacement of shares:2022/10/07 5.Book closure starting date:2022/10/03 6.Book closure ending date:2022/10/07 7.Rights and obligations of the new shares after capital reduction: The new shares will have the same rights and obligations as the original shares. 8.Anticipated listing date for the new shares:2022/10/11 9.Estimated no.of listed common shares after issuance of new shares upon capital reduction:7,699,396,092 shares 10.Estimated ratio of listed common shares after issuance of new shares upon capital reduction to outstanding common shares:100% 11.Please explain any countermeasures for lower circulation in shareholding if the aforesaid estimated no.of listed common shares upon capital reduction does not reach 60 million and the percentage does not reach 25%:NA 12.Any other matters that need to be specified: The Shareholders' Meeting on 2022/6/17 approved the resolution of capital reduction and authorized the Chairman to set the relevant schedule. The plan for capital reduction and replacement of shares will be executed after Taiwan Stock Exchange Corporation approves. If the related schedule is changed, the Chairperson is hereby authorized to revise the relative matters.