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Provided by: eCloudvalley Digital Technology Co., Ltd.
SEQ_NO 2 Date of announcement 2022/07/13 Time of announcement 18:54:35
Subject 
 Announcement of the resolution of the BOD of the
company to handle the case of cash capital increase and
issuance of new shares before the initial listing
Date of events 2022/07/13 To which item it meets paragraph 9
Statement 
1.Date of the board of directors resolution:2022/07/13
2.Source of capital increase funds:Cash
3.Number of shares issued (not including those distributed
to employees if consisting in capital increase from earnings
or capital surplus):Common stock 8,000,000 shares
4.Par value per share:NT$10
5.Total monetary value of the issuance:NT$80,000,000元
6.Issue price:It is tentatively scheduled to be issued at a premium of
NT$153 per share, but the actual issue price authorizes the chairman to
take into account the prevailing market conditions and negotiate with the
lead securities underwriter in accordance with relevant securities laws
and regulations.
7.Number of shares subscribed for by or allocated to employees:
1,200,000 shares
8.Number of shares publicly sold:6,800,000 shares
9.Ratio of shares subscribed by or allotted as stock
dividends to existing shareholders:Except that 15% of the total issued new
shares or 1,200,000 shares are reserved for employees to subscribe in
accordance with the provisions of Article 267 of the Company Law, the
remaining 85% or 6,800,000 shares are subject to the provisions of
Article 28-1 of the Securities and Exchange Act and July 07, 110.
For the resolution of the ordinary shareholders' meeting, the original
shareholders give up the subscription for the recommended securities
firm to conduct pre-listing public underwriting, which is not subject to the
restriction of the original shareholder's first recognition in Article 267
of the Company Law.
10.Handling method for fractional shares and shares
unsubscripted for by the deadline:
(1)If the employee has abandoned or undersubscribed the part, authorize the
chairman to contact a specific person to subscribe for it.
(2)The insufficient part of the public underwriting and subscription shall
be handled in accordance with the "Taiwan Securities Association Rules
Governing Underwriting and Resale of Securities by Securities Firms".
11.Rights and obligations of these newly issued shares:
Same rights and obligations as those of the original common shares.
12.Utilization of the funds from the current capital increase:
Increasing working capital.
13.Any other matters that need to be specified:
(1)The issue price, issuance conditions, total amount of funds raised,
sources of funds, planned projects, scheduled fund utilization progress and
other related matters for this cash capital increase and issuance of new
shares shall be authorized by the chairman of the board of directors.
The same shall apply for verification or correction due to other
circumstances, as well as for other unresolved matters.
(2)For this case of cash capital increase and issuance of ordinary shares,
after Chen asks the competent authority to declare and take effect, authorize
the chairman to set the payment period, the base date for share subscription
and capital increase, and to handle matters related to this cash capital
increase.

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Ecloudvalley Digital Technology Co. Ltd. published this content on 13 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2022 11:03:05 UTC.