Today's Information

Provided by: GIGASTORAGE CORPORATION
SEQ_NO 1 Date of announcement 2022/08/12 Time of announcement 21:19:18
Subject 
 The Board approves the capital increase of
Giga Solar Materials Corp.
Date of events 2022/08/12 To which item it meets paragraph 20
Statement 
1.Name of the securities:Giga Solar Materials Corp.
2.Trading date:2022/08/12
3.Amount, unit price, and total monetary amount of the transaction:
 Amount: The Company will make a supplementary announcement when the exact
         amount is confirmed.
 Unit price: NT115.00 per share
 Total monetary amount: under NT$650,000,000.
4.Gain (or loss) through disposal (not applicable in case of acquisition of
securities):NA
5.Relationship with the underlying company of the trade:
 A subsidiary of The Company
6.Current cumulative amount held, monetary amount, and shareholding
percentage of cumulative holdings of the securities being traded (including
the current trade), and status of any restriction of rights (e.g.pledges):
 The Company will make a Supplementary announcement when the exact number of
 shares subscribed and the monetary amount is confirmed.
7.Current ratio of securities investment (including the current trade, as
listed in article 3 of Regulations Governing the Acquisition and Disposal of
Assets by Public Companies) to the total assets and equity attributable to
owners of the parent as shown in the most recent financial statement and
working capital as shown in the most recent financial statement as of the
present:
 The Company will make a Supplementary announcement when the exact number of
 shares subscribed and the monetary amount is confirmed.
8.Concrete purpose of the acquisition or disposal:Increase investment
9.Any dissenting opinions of directors to the present transaction:None
10.Whether the counterparty of the current transaction is a related party:Yes
11.Trading counterparty and its relationship with the Company:
  Giga Solar Materials Corp., a subsidiary of the Company.
12.Date of the board of directors resolution:2022/08/12
13.Date of ratification by supervisors or approval by
the audit committee:2022/08/12
14.Any other matters that need to be specified:
 The Company will make a supplementary announcement based on the exact
 number of shares subscribed and the actual payment amount.

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Gigastorage Corporation published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 13:34:07 UTC.