REPL::General Announcement::Notice of Adjustment to Conversion Price

Issuer & Securities

Issuer/ Manager: VANGUARD INTERNATIONAL SEMICONDUCTOR CORPORATION
Securities: VANGUARD INTL US$350M Z310204 - XS3275877143 - YAWB
Stapled Security: No

Announcement Details

Announcement Title: General Announcement
Date &Time of Broadcast: 10-Jul-2026 10:25:38
Status: Replacement
Announcement Sub Title: Notice of Adjustment to Conversion Price
Announcement Reference: SG260709OTHRXEPW
Submitted By (Co./ Ind. Name): Vanguard International Semiconductor Corporation
Designation: Chairman
Effective Date and Time of the event: 09/07/2026 20:00:00
Description (Please provide a detailed description of the event in the box below): NOTICE IS HEREBY GIVEN that VIS Convened its Board of Director meeting and the 2026 Annual General Meeting, where the distribution of the Company fiscal year 2025 earnings of cash dividends totaling NT$8,403,265,598 (in equivalent of NT$4.5 per Common Share on 1,867,392,355 common shares as of May 28,2026) was approved. Accordingly, the conversion price of the Bonds will be adjusted.
On June 8, 2026, VIS determined to set July 12, 2026 as the record date for the shareholders entitled to receive such distribution (the Record Date ). As a result of new share issuance and reclamation under VIS 2024 Restricted Stock Awards Program and given that no conversion of Bonds into common share occurred during the period between the day Board of Directors and shareholders approved the dividend distribution and the date immediately prior to the commencement of the applicable Closed Period, the Cash Dividend was adjusted to NT$4.47377334 per Common Share on 1,878,339,592 common shares on June 17, 2026.
In accordance with the relevant formula stipulated in the Indenture, the Conversion Price of the Bonds shall be adjusted from NT$189.00 to NT$184.30 per Common Share.
The adjusted conversion price of the Bonds will become effective on July 12, 2026 (the Record Date).

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