Regulations of Preferential and Preemptive Rights for Employees of Subordinate upon the Privatization Enterprises under the Ministry of Finance to Subscribe the Government-Owned Shares Article 7

The subscription price on employee-eligible subscription shares shall be consistent with the lowest execution price of respective government share offerings. When government shares were sold only through overseas offerings as either original stocks or global depository receipts, the subscription price shall be the underwriting price of the overseas sale converted into New Taiwan Dollar, or the closing price of the stock at the local stock exchange on the day which the underwriting price was fixed, whichever is lower. Employees who voluntarily agree to centrally deposit the entire or partial position of shares purchased according to the preceding paragraph at custodians designated by the enterprise, and who promise not to transfer or pledge the said shares within two (2) years may purchase the shares in centralized safekeeping at ninety percent (90%) of the aforementioned subscription price; employees who promise not to transfer or pledge the said shares within three (3) years may purchase the shares in centralized safekeeping at eighty percent (80%) of the aforementioned subscription price. The subscription price of the shares purchased by employees through over-subscription shall be consistent with the lowest execution price of respective government share offerings.