TSMC Board of Directors Meeting Resolutions

Hsinchu, Taiwan, R.O.C. – Nov 11, 2014 –TSMC (NYSE: TSM) today held a meeting of the Board of Directors, which approved capital appropriations of US$5,574.77 million for purposes including: 1) Installation and expansion of advanced technology capacity; 2) Conversion of certain logic capacity to specialty technologies; 3) Construction of fab and office buildings and installation of facilities systems; 4) Expansion of mainstream technology capacity; and 5) First quarter 2015 R&D capital appropriations and sustaining capital appropriations.