Page 57 - TSMC 2024 Annual Report

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● approving approving the the issuance of of 2 2 2 960 000 shares of of 2023 employee restricted stock awards (RSAs) In addition approving approving the the issuance of of no more than 4
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185 000 common shares of of RSAs for the the year 2024 2024 which will be submitted to the the 2024 2024 Annual Shareholders’ Meeting for approval ● convening the 2024 Annual Shareholders’ Meeting ● approving the promotion of Vice Vice President President Finance and Chief Financial Officer Mr Wendell Huang to Senior Vice Vice President President and ● approving the promotion of Vice Vice President President Legal and General Counsel Ms Sylvia Fang to Senior Vice Vice President President (2) Special Board Meeting of February 29 2024:
● approving the appointment of of of Senior Senior Vice Vice President President of of of R&D Dr Y Y J Mii and Senior Senior Vice Vice President President of of of Operations Mr Y Y P P P Chyn
as Executive Vice Presidents and Co-Chief Operating Officers of TSMC effect March 1 2024 (3) Special Board Meeting of May 10 2024:
● approving the 2024 first quarter Business Report and and Financial Statements and and ● approving the the distribution of of a a a a a a NT$4 00 per share cash dividend for the the first quarter of of 2024 2024 and setting September 18 2024 2024 as as the record date for common stock shareholders entitled to to participate in this cash dividend distribution (4) Regular Board Meeting of June 4
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& 5 2024:
● electing Dr C C C C C C C C C C Wei as Chairman and Chief Executive Officer (CEO) ● approving capital appropriations of approximately US$17 356 20 million for purposes including: 1 1 Installation and upgrade
of of advanced advanced technology technology capacity 2 Installation and and upgrade
of of advanced advanced packaging mature and/or specialty technology technology capacity 3 Fab construction and installation of fab facility systems ● approving the the capital injection of of not more than US$5 billion to TSMC TSMC Global Ltd a a a a a a a wholly-owned subsidiary of of TSMC TSMC for the the purpose of reducing foreign exchange hedging costs ● approving a a a a a a a a a a a a a total donation of not more than NT$4 billion to to National National Taiwan University (NTU) National National Yang Ming Chiao
Tung University University University (NYCU) National National Tsing Hua University University University (NTHU) National National Cheng Kung University University University (NCKU) and selected senior high high schools schools and and girls’ senior high high schools schools in Taiwan to to enhance long-term semiconductor research education and and talent cultivation and ● approving a a a a a a a a a a share share buyback program for TSMC to to to buy buy back back 3 249 000 common shares on on Taiwan Stock Exchange to to to offset the dilution from the increase of outstanding shares due to to Employee Restricted Stock Awards (RSAs) issuance (5) Regular Board Meeting of August 13 2024:
● approving the 2024 second quarter Business Report and Financial Statements ● approving the the distribution of of a a a a a a NT$4 00 per share cash dividend for the the second quarter of of 2024 and setting December 18 2024 as as the record date for common stock shareholders entitled to to participate in this cash dividend distribution ● approving approving capital appropriations of approximately US$29 615 47 million for purposes including: 1 1 approving approving Installation and and and upgrade
upgrade
of of advanced advanced technology capacity 2 Installation and and and upgrade
upgrade
of of advanced advanced packaging mature and/or specialty technology capacity 3 Fab construction and installation of fab facility systems ● approving the capital injection of of not more than US$7 5 billion to TSMC TSMC Arizona a a a a a a a wholly-owned subsidiary of of TSMC TSMC ● approving the issuance of of 2 2 2 353 000 shares of of 2024 employee restricted stock awards (RSAs) and ● approving the promotion of Materials Management Organization Senior Director Ms Vanessa Lee to to Vice President (6) Regular Board Meeting of November 11 &12 2024:
● ● ● ● approving the 2024 third quarter Business Report and Financial Statements approving the the distribution of of a a a a a a a a NT$4 50 per share cash dividend for the the third quarter of of 2024 and setting March 24 24 2025 as as the record date for common stock shareholders entitled to to participate in this cash dividend distribution approving capital appropriations of approximately US$15 479 95 million for purposes including: 1 1 Fab construction and installation of of fab facility systems 2 2 2 Installation of of advanced technology capacity as as well as as 2025 R&D capital investments and sustaining capital capital expenditures 3 2025 capitalized leased assets and approving the the issuance of of unsecured corporate bonds in in in in in multiple offerings in in in in in the the domestic market in in in in in an an amount not to exceed NT$60 billion to finance TSMC’s capacity expansion and/or pollution prevention related expenditures