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Article NO. Content

Title:

Regulations Governing Share Repurchase by Exchange-Listed and OTC-Listed Companies  CH

Amended Date: 2022.08.15 
Article 5     A company repurchasing its own shares shall complete the repurchase within two months counting from and inclusively of the reporting date specified in Article 2 of these Regulations. And in addition, within five days counting from and inclusively of the expiration date or the repurchase completion date, it shall submit a report to the FSC and announce the status of execution of the repurchase. If execution of the repurchase has not been completed upon expiration of said period and another repurchase is required, a further repurchase proposal shall be submitted to and resolved by the board of directors.