Date of announcement 2020/11/27
Time of announcement  20:34:06
Date of events  2020/11/27
To which item it meets paragraph 11

Statement

1.Date of the board of directors resolution:2020/11/27
2.Reason for capital reduction: To cater for the development strategy and
capital allocation planning of CDF, while increasing the capital efficiency.
3.Amount of capital reduction:NTD 1,500,000,000
4.Cancelled shares:150,000,000 shares
5.Capital reduction percentage:4.37%
6.Share capital after capital reduction:NTD 32,863,397,360
7.Scheduled date of the shareholders meeting:Pursuant to Article 15,
paragraph 1 of the Financial Holding Company Act, the rights and functions
of the shareholders’ meeting is to be exercised by the board of directors
held on Nov 20, 2020.
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:N/A
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:N/A
10.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%:N/A
11.The record date for capital reduction:The chairman of the board is to be
authorized to, after obtaining approval for the capital reduction from the
competent authority, determine the reduction record date.
12.Any other matters that need to be specified:None