TSMC Shareholders Elect Board of Directors; Board of Directors Unanimously Elects Dr. C.C. Wei as Chairman and CEO

HSINCHU, Taiwan, R.O.C., June 4, 2024 – TSMC (TWSE: 2330; NYSE: TSM) today held its 2024 Annual Shareholders’ Meeting, which passed the following major resolutions:

1. Acknowledged the 2023 Business Report and Financial Statements. Consolidated revenue totaled NT$2,161.74 billion and net income was NT$838.50 billion, with diluted earnings per share of NT$32.34.

2. Approved amendments to TSMC’s Articles of Incorporation.

3. Approved the issuance of employee restricted stock awards (RSAs) for the year 2024.

4. Elected TSMC’s 16th Board of Directors. The ten Directors are: Dr. C.C. Wei, Dr. F.C. Tseng, Dr. Ming-Hsin Kung (Representative of the National Development Fund, Executive Yuan), Sir Peter Leahy Bonfield, Mr. Michael R. Splinter, Mr. Moshe N. Gavrielov, Dr. L. Rafael Reif, Ms. Ursula M. Burns, Ms. Lynn L. Elsenhans, and Dr. Chuan Lin. Seven of those elected, Sir Peter Leahy Bonfield, Mr. Michael R. Splinter, Mr. Moshe N. Gavrielov, Dr. L. Rafael Reif, Ms. Ursula M. Burns, Ms. Lynn L. Elsenhans, and Dr. Chuan Lin are independent directors.

After the Annual Shareholders’ Meeting, TSMC held the first meeting of the 16th Board of Directors, and the Board unanimously elected Dr. C.C. Wei as Chairman and Chief Executive Officer (CEO). The meeting will continue on June 5.