Material Information

2023-11-13

On behalf of YFY Packaging Inc., YFY Inc. announced the board’s resolution on the capital increase

1.Date of the board of directors resolution:2023/11/13
2.Source of capital increase funds:
Capital increase from issuance of new shares
3.Whether to adopt shelf registration (Yes, please state issuance period/No):
No
4.Total monetary value of the issuance and number of shares issued (shares
issued not including those distributed to employees if consisting in
capital increase from earnings or capital surplus):
Total amount NT$571,100,000；57,110,000 shares
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:Not applicable
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:Not applicable
7.Par value per share:NT$10 per share
8.Issue price:NT$17.51
9.Number of shares subscribed for by or allocated to employees:
5,711,000 shares
10.Number of shares publicly sold:Not applicable
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:
90% of total new issued common shares can be subscribed by existing
shareholders, which equals to 51,399,000 shares. Every 1,000 existing
shares can subscribe 125.31756674 new shares.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:
The existing shareholders may apply with the company’s stock agency within
5 days from the record date to combine fractional shares into one share.
The Chairman is authorized to handle uncombined shares, fractional shares,
or unsubscribed shares to specific counterparties at the issue price.
13.Rights and obligations of these newly issued shares:
The rights and obligations of the new shares issuance are the same as those
of the original shares.
14.Utilization of the funds from the capital increase:
Replenishing working capital
15.Any other matters that need to be specified:None