TSMC Board of Directors Meeting Resolutions
Hsinchu, Taiwan, R.O.C., June 9, 2021 – TSMC (TWSE: 2330, NYSE: TSM) today held a meeting of the Board of Directors, which passed the following resolutions:
1. In response to the COVID-19 pandemic and relevant orders issued by the government, the board approved a change to the date of TSMC’s 2021 Annual Shareholders’ Meeting from June 8, 2021 to July 26, 2021, and the location of the meeting will remain at Ambassador Hotel Hsinchu (10F, No. 188, Section 2, Zhonghua Road, Hsinchu).
2. Approved the distribution of a NT$2.75 per share cash dividend for the first quarter of 2021, and set September 22, 2021 as the record date for common stock shareholders entitled to participate in this cash dividend distribution, and the ex-dividend date for the common shares shall be September 16, 2021. As required by Article 165 of Taiwan’s Company Law, the shareholders’ register shall be closed for five days prior to the record date (September 18 through September 22, 2021) for registration transfer, and the dividend will be paid on October 14, 2021. In addition, the ex-dividend date for TSMC American Depositary Shares (ADSs) will be September 16, 2021. The record date for TSMC ADSs entitled to participate in this cash dividend distribution will be September 17, 2021.
3. Approved capital appropriations of approximately US$9,290.7 million (approximately NT$255,572.1 million) for purposes including: 1) Installation and upgrade of advanced technology capacity; 2) Installation of specialty technology capacity; 3) Fab construction, installation of fab facility systems, and capitalized leased assets; 4) Third quarter 2021 R&D capital investments and sustaining capital expenditures.
4. Approved the promotion of Corporate Planning Organization’s Senior Director of Strategic Planning Division Mr. Jonathan Lee to Vice President.