Material Information

2023-11-13

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

1.Date of the board of directors resolution or
decision by the Company:2023/11/13
2.Number of shares issued:57,110,000 shares
3.Par Value per share: NT$10 per share
4.Total monetary value of the issuance: NT$ 571,100,000
5.Issue price: NT$17.51
6.Number of shares subscribed for by employees: 5,711,000 shares
7.Ratio of shares subscribed for by 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.
8.Method for public sale and no.of shares:Not applicable
9.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.
10.Rights and obligations of these newly issued shares:
The rights and obligations of the new shares are the same as those of the
original shares
11.Utilization of the funds from the current capital increase:
Replenishing working capital
12.Record date of cash capital increase and share subscription: 2023/12/10
13.Last date before book closure: 2023/12/05
14.Book closure starting date: 2023/12/06
15.Book closure ending date: 2023/12/10
16.Payment period:
Payment period for existing shareholders and employees:2023/12/12~2023/12/14
Payment period for specific counterparties: 2023/12/15~2023/12/21
17.Date of the agreement with the banks to collect and deposit the proceeds:
Not applicable
18.Name of the institution designated to collect the proceeds:None
19.Name of the bank designated to deposit the proceeds:None
20.Any other matters that need to be specified:None