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Issuance of American Depositary Shares
Citibank, N.A., Taipei Branch has changed its name to “Citibank Taiwan Limited” on August 1, 2009. |
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Note: The above Directors’ Compensation and Employees’ ProfitSharing Bonus were expensed under the Company’s 2014 statement of comprehensive income and the same amounts were approved by the Board of Directors at its meeting on February 10, 2015. The Employees’ ProfitSharing Bonus was distributed after the approval of the same by shareholders at 2015 Annual Shareholders’ Meeting on June 9, 2015. Due to employee turnover, Employees’ ProfitSharing Bonus in the amount of NT$165,136,618 was undistributed, and related expense was reversed in 2015. TSMC has in aggregate issued 813,544,500 ADSs since 1997, which, if taking into consideration stock dividends distributed over the period, would amount to 1,147,835,205 ADSs. Stock dividends distributed in 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 were 45%, 23%, 28%, 40%, 10%, 8%, 14.08668%, 4.99971%, 2.99903%, 0.49991%, 0.50417% and 0.49998%, respectively. As of February 29, 2016, total number of outstanding ADSs was 1,072,635,045 after 75,200,160 were redeemed. |
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All fees and expenses such as underwriting fees, legal fees, listing fees and other expenses related to issuance of ADSs were borne by the selling shareholders, while maintenance expenses such as annual listing fees and accountant fees were borne by TSMC. |
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All fees and expenses such as underwriting fees, legal fees, listing fees and other expenses related to issuance of ADSs were borne proportionately by TSMC and the selling shareholders, while maintenance expenses such as annual listing fees and accountant fees were borne by TSMC. |