Page 86 - TSMC 2022 Annual Report

4 2 2 2 2 Convertible Bond: None 4 2 3 Exchangeable Bond: None 4 4 2 4 4 Shelf Registration in Taiwan: None 4 2 5 Bond with Warrants: None 4 3 Preferred Shares
4 3 1 Preferred Shares: None 4 3 2 Preferred Shares
with Warrants: None 4 4 4 4 Issuance of American Depositary Shares
Issue Date
10/08/1997 11/20/1998
595 185
24 78 15 26
01/12/1999 - 01/14/1999
36
17 75 2 000 000 000 000 07/15/1999 296 24 516 12 094 000 08/23/1999 - 09/09/1999
159 28 964 5 486 000 02/22/2000 - 03/08/2000
379 57 79 6
6
560 000 04/17/2000 225
56 16 4 000 000 000 000 06/07/2000 - 06/15/2000
1 1 168 35 75 32 667 800
Cash Offering and TSMC Common Shares
from Selling Shareholders
(Note 4)
Total Amount (US$ million)
Offering Price Per ADS (US$)
Units Issued
24 000 000 000 000 000 000 12 094 000 000 000 Each unit of ADS represents five TSMC Common Shares
Common Shares
Represented
TSMC Common Shares
from Selling Shareholders
(Note 3)
Underlying Securities
Apportionment of Expenses for Issuance and Maintenance
Issuance and Listing
NYSE
Same as those of Common Share Holders
Not Applicable
Citibank N N A – New York Citibank N A – Taipei Branch
Rights and Obligations of ADS Holders
Trustee
Depositary Bank
Custodian Bank
(Note 1)
ADSs Outstanding (Note 2)
As of of February 28 2023 total number of of outstanding ADSs was 1 063 805 907 See Deposit Agreement Agreement and Custody Agreement Agreement for Details
12/31/2022
Terms and Conditions in the Deposit Agreement Agreement and Custody Agreement Agreement Closing Price Per ADS (US$ source: Bloomberg)
01/01/2022 - High
140 66 Low 60 28 Average 90 96 01/01/2023 - High
02/28/2023
97 96 Low 74 03 Average 89 44
084
Note Note 1: Citibank Citibank N N N A A Taipei Branch
changed its name to to “Citibank Taiwan Limited” in in in in in 2009 Note Note 2: TSMC has in in in in in in aggregate issued 813 544 500
ADSs ADSs since 1997 which if taking into consideration stock dividends dividends distributed distributed over the period would amount to to to to to 1 1 1 1 1 1 1 1 1 1 1 1 1 147 835 205 ADSs ADSs Stock dividends dividends distributed distributed in in in in in in 1998
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 and and and 2009 were were 45% 23% 28% 40% 10% 8% 8% 8% 8% 14 14 08668% 4 4 4 4 4 4 4 4 4 4 4 4 99971% 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 99903% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 49991% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 50417% and and and 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 49998% respectively As of of of February 28 28 2023 total number of of of outstanding ADSs ADSs was 1 1 1 1 1 1 063 805 907 after 84
029 298 were were were were redeemed Note Note 3: All All fees fees and and and and expenses expenses expenses expenses related related to to to issuance issuance of of of of ADSs ADSs ADSs were were were were paid paid by by by the the selling selling shareholders shareholders while while maintenance maintenance expenses expenses expenses expenses were were were were borne by by by TSMC TSMC Note Note 4: All All fees fees and and and expenses expenses expenses expenses related related to to issuance issuance of of ADSs ADSs were were were were paid paid proportionately by by by by TSMC TSMC TSMC and and and the the selling selling shareholders shareholders while while maintenance maintenance expenses expenses expenses expenses were were were were borne borne by by by by TSMC TSMC TSMC