On behalf of Material Subsidiary G.B.T., Inc. announce Board of directors Resolution for the subscription of new shares

 On behalf of Material Subsidiary G.B.T., Inc.
announce Board of directors Resolution for the
subscription of new shares

1.Date of the board of directors resolution or
 decision by the Company:2022/05/10
2.Number of shares issued:127,747shares
3.Par Value per share:NA
4.Total monetary value of the issuance:USD12,000,000
5.Issue price:USD93.94
6.Number of shares subscribed for by employees:0shares
7.Ratio of shares subscribed for by existing shareholders:
Giga-byte Technology Co., Ltd.:0%
Freedom International Group,Ltd.:100%
8.Method for public sale and no.of shares:NA
9.Handling method for fractional shares and shares unsubscripted for by the
deadline:NA
10.Rights and obligations of these newly issued shares:The same as orginal
common shares
11.Utilization of the funds from the current capital increase:Increase
working capital
12.Record date of cash capital increase and share subscription:NA
13.Last date before book closure:NA
14.Book closure starting date:NA
15.Book closure ending date:NA
16.Payment period:NA
17.Date of the agreement with the banks to collect and deposit the proceeds:
NA
18.Name of the institution designated to collect the proceeds:NA
19.Name of the bank designated to deposit the proceeds:NA
20.Any other matters that need to be specified:None.