Heng Fu Fa Completes Registration of Capital Reduction by Cancellation of Treasury Shares

Release Date: 2024/07/14 Announcement Date: 2024/07/13 Announcement Time: 14:48:17 Company Code: 2542 Company Name: Heng Fu Fa Subject: Announcement of Completion of Registration of Capital Reduction by Cancellation of Treasury Shares Clause: Clause 36 Date of Fact: 2024/07/13 Explanation: 1. Date of Approval for Capital Reduction by Competent Authority: 2024/07/09 2. Date of Completion of Registration of Capital Change: 2024/07/09 3. Impact on Financial Statements (Difference in Paid-in Capital and Number of Shares Outstanding and Impact on Net Asset Value per Share): (1) Before Capital Reduction by Cancellation of Treasury Shares: The paid-in capital of the company was NT$21,730,835,390, the number of shares outstanding was 2,173,083,539 shares, and the net asset value per share was NT$26.13. (2) After Capital Reduction by Cancellation of Treasury Shares: The paid-in capital of the company is NT$21,530,835,390, the number of shares outstanding is 2,153,083,539 shares, and the net asset value per share is NT$26.13. 4. Planned Stock Exchange Plan: Not Applicable 5. Planned Number of Common Shares to be Listed After Capital Reduction: Not Applicable 6. Planned Ratio of Common Shares to be Listed After Capital Reduction to Total Issued Common Shares (Number of Common Shares to be Listed After Capital Reduction / Total Issued Common Shares After Capital Reduction): Not Applicable 7. If the Number of Common Shares to be Listed After Capital Reduction in the Above Two Items is Less Than 60 Million Shares and Less Than 25%, Please Explain the Measures to Address Low Stock Liquidity: Not Applicable 8. Other Matters to be Stated: (1) The company received the approval letter for the change of registration from the Ministry of Economic Affairs on July 13, 2024. (2) The net asset value per share is calculated based on the latest quarter (Q1 2024) financial statements audited by the accountant.