Cheng Mei Materials Technology announces the completion of the company’s capital registration due to the cancellation of the RSA.

Statement

1.Date of the competent authority's approval of capital reduction:2022/04/18
2.Date of completion of capitalization change registration:2022/04/18
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)286,820 shares have been cancelled at par value of NTD10, and the
  reduction of NTD2,868,200 in capital was done for total this time.
(2)Before capital reduction:The amount of paid-in capital was
  NTD 6,755,335,000; the number of common shares outstanding was
  675,533,500. Net worth per share was NTD 15.50.
(3)After capital reduction: The amount of paid-in capital was
  NTD 6,752,466,800; the number of common shares outstanding was
  675,246,680. Net worth per share was NTD 15.51.
(PS.Net Book Value per Share is calculated according to the financial
statement of Quarter 4 of Financial Year 2020.)
4.Plan for expected share replacement operations:N/A
5.Estimated no.of listed common shares after capital reduction and new issue:
 N/A
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):N/A
7.Countermeasures for poor circulation of equity if the aforesaid estimated
no.of listed common shares does not reach 60 million shares and the
percentage does not reach 25% after capital reduction:N/A
8.Any other matters that need to be specified:None

Carol M. Barragan