Article 1
    These Standards are established in accordance with Article 6 of the Taiwan Stock Exchange Corporation Taiwan Innovation Board Market Maker [sic] Regulations (Regulations).

Article 2
    The Taiwan Stock Exchange Corporation (TWSE) discounts for a Taiwan Innovation Board (TIB) market maker whose bid and ask quotes of the market-making account of the month conform to Article 4 of the Regulations all transaction charges of the month in respect of TIB stocks of which said account is responsible for market-marking, for 13 consecutive months from the month the TIB stocks are listed (securities firm market-making account no.: 555555-5).

Article 3
    The TWSE will pay a market-making incentive each month as below to a TIB market maker whose bid and ask quotes of the month in respect of the specific stocks in the market-making account conform to Article 4 of the Regulations, for 13 consecutive months from the month the TIB stocks are listed:

┌─────────────────┬────────────┐
│Number of designated stocks whose │Market-making incentive │
│market maker bid and ask quotes   │                        │
│conform to requirements           │                        │
├─────────────────┼────────────┤
│1                                 │$30,000                 │
├─────────────────┼────────────┤
│2                                 │$50,000                 │
├─────────────────┼────────────┤
│3 or more                         │$100,000                │
└─────────────────┴────────────┘

Article 4
    The TWSE will pay a transaction incentive each month as below to a TIB market maker in respect of the specific TIB stocks of the market-making account that are being traded, for four consecutive months from the month the TIB stocks are listed (securities firm market-making account no.: 555555-5):

┌──────────────────┬───────────┐
│Average daily trading volume of TIB │Transaction incentive │
│stocks                              │                      │
├──────────────────┼───────────┤
│Below $500,000                      │$10,000               │
├──────────────────┼───────────┤
│$500,000 ~ $1 million               │$30,000               │
├──────────────────┼───────────┤
│$1 million ~ $1.5 million           │$50,000               │
├──────────────────┼───────────┤
│$1.5 million ~ $2 million           │$80,000               │
├──────────────────┼───────────┤
│$2 million ~ $2.5 million           │$100,000              │
├──────────────────┼───────────┤
│$2.5 million ~ $3 million           │$140,000              │
├──────────────────┼───────────┤
│$3 million ~ $3.5 million           │$170,000              │
├──────────────────┼───────────┤
│$3.5 million ~ $4 million           │$190,000              │
├──────────────────┼───────────┤
│$4 million ~ $4.5 million           │$220,000              │
├──────────────────┼───────────┤
│$4.5 million ~ $5 million           │$250,000              │
├──────────────────┼───────────┤
│$5 million or above                 │$300,000              │
└──────────────────┴───────────┘

    The average daily trading volume in the preceding paragraph does not include dollar amounts of trades by the designated account alone or between the designated account and other accounts opened in another's own name.

Article 5
    These Standards shall take effect after having been submitted to and approved by the Competent Authority. Subsequent amendments thereto shall be effected in the same manner.