Company shall arrange for such shares to be recorded by a centralized securities custodian institution, in which case the preceding 2 paragraphs shall not apply. 

Any affair with regard to the shares of the Company shall be handled in accordance with the Guidelines for Handling Stock Affairs by a Public Issuing Company. 

Article 7-1 - The share certificates issued by the Company may be jointly exchanged for the share certificates with a larger par value upon the request of the Taiwan Securities Centralized Depository Company Limited by Shares. 

## Chapter III - Shareholders’ Meeting 

Article 8 - Shareholders’ meetings shall be of two types: annual general meeting and extraordinary general meeting. Except as otherwise provided in the Company Law, shareholders’ meetings shall be convened by the Board of Directors. 

The annual general meeting shall be convened at least once every year and shall be convened within six (6) months after the close of each fiscal year except as otherwise approved by the Competent Authority for good cause shown. 

The extraordinary general meeting shall be convened at such time as may be deemed necessary pursuant to relevant laws and regulations. 

Article 9 - Where a shareholders’ meeting is convened by the Board of Directors, the chairman of the Company shall act as the chairman of the shareholders’ meeting. In the event that the chairman is to be on leave of absence or cannot attend the meeting for any cause whatsoever, the vice- chairman, or where the chairman and the vice-chairman are both to be on leave of absence or cannot attend the meeting for any cause whatsoever, one of the directors appointed by the chairman, or, where there is no appointment, a director elected among all the directors, may act on behalf of the chairman. 

Where a shareholders’ meeting is convened by a person with authority other than the Board of Directors, such convener shall act as the chairman of the shareholders’ meeting. Where there are two (2) or more conveners, the chairman of the meeting shall be elected amongst such conveners. 

Article 10 - Unless otherwise specified by the law, each shareholder of the Company shall be entitled to one vote for each share held. 

Article 11 - (Deleted) 

## Chapter IV - Directors and Supervisors 

Article 12 - The Company shall have seven (7) to fifteen (15) directors to form the Board of Directors, one- fifth (1/5) of whom shall be expert representatives. 

The Board of Directors shall have one (1) chairman elected by and from among the directors with the concurrence of a general majority of the directors present at a meeting attended by at least two- thirds (2/3) of the directors and shall have one (1) vice-chairman elected in the same way. 

The Company shall have three (3) to five (5) supervisors. 

Article 12-1 In accordance with Articles 181-2 and 183 of the Securities and Exchange Law, the Company shall, beginning in the fifth commencement, establish at least three (3) independent directors to be included in the number of directors designated in the preceding Article. 

