TSMC Board of Directors Meeting Resolutions

HSINCHU, Taiwan, R.O.C., Nov. 14, 2023 – TSMC (TWSE: 2330, NYSE: TSM) today held a meeting of the Board of Directors, which passed the following resolutions:

1. Approved the distribution of a NT$3.50 per share cash dividend for the third quarter of 2023, and set March 24, 2024 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 March 18, 2024. As required by Article 165 of Taiwan’s Company Law, the shareholders’ register shall be closed for five days prior to the record date (March 20 through March 24, 2024) for registration transfer, and the dividend will be paid on April 11, 2024. In addition, the ex-dividend date for TSMC American Depositary Shares (ADSs) will be March 18, 2024. The record date for TSMC ADSs entitled to participate in this cash dividend distribution will be March 19, 2024.

2. Approved capital appropriations of approximately US$4,341.95 million for purposes including: 1) Installation of advanced technology capacity; 2) Installation of advanced packaging, mature and specialty technology capacity; 3) 2024 R&D capital investments and sustaining capital expenditures; 4) 2024 capitalized leased assets.