Announcement to Creditors of the Company for Capital Reduction

 Announcement to Creditors of the Company for
Capital Reduction

1.Date of occurrence of the event:2022/06/24
2.Company name:Innolux Corporation
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
  The 2022 Annual General Shareholders's Meeting approved to process
  the capital reduction in cash.
6.Countermeasures:
  (1)The 2022 Annual General Shareholders's Meeting approved to reduce
     capital and refund cash to shareholders. Amount of capital reduction
     is NT$ 10,031,639,050 and shares to be cancelled are 1,003,163,905.
     According to the total shares 10,559,620,051 issued, capital reduction
     percentage is 9.50%. Shareholders will be refunded by NT$ 0.95 per
     holding share（rounded up tothe nearest integer）in cash.
     After capital reduction, share capital will be NT$ 95,564,561,460.
  (2)According to the Articles 281, 73, and 74 of the Company Act.
  (3)If the Creditors of the Compay have any objection to the capital
     reduction and refund cash to shareholders, please deliver in writing
     before 2022/07/25. The Creditors shall deemed to regarded as having no
     objection if expressing the objection after the deadline.
7.Any other matters that need to be specified:None.