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Jul 07, 2021

UMC Shareholders Elect 15th Term of Directors at Annual Shareholders’ Meeting

Taipei, Taiwan, July 7, 2021 - United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today held its 2021 annual shareholders’ meeting. Shareholders approved all agenda items including UMC's 2020 business report, financial statements and elected the Company's 15th term of Directors. The nominees listed hereunder were elected as non-executive Directors during the Company's Annual Shareholders’ Meeting. Female board members Wenyi Chu and Wen-Hsin Hsu represent one third of the company’s non-executive directors, reflecting UMC’s continuous efforts to enhance a gender diverse Board of Directors.

Non-executive Director

Experience & Education

Wenyi Chu

  • Professor, Department of Business Administration, National Taiwan University
  • Chairwoman, Graduate Institute of Business Administration, National Taiwan University
  • Dean, Department of Business Administration, National Taiwan University
  • Deputy Vice President, Academic Affairs, National Taiwan University
  • Ph.D. in Strategy and International Management, London Business School

Lih J. Chen

  • Academician, Academia Sinica
  • Distinguished Chair Professor, National Tsing Hua University
  • President, National Tsing Hua University
  • Deputy Minister, National Science Council
  • Ph.D. in Physics, University of California, Berkeley
Jyuo-Min Shyu
  • Emeritus Professor, National Tsing Hua University
  • Minister, Ministry of Science and Technology
  • President, Industrial Technology Research Institute
  • Dean, College of Electrical Engineering and Computer Science, National Tsing Hua University
  • Ph.D. in Electrical Engineering and Computer Science, University of California, Berkeley

Kuang Si Shiu

  • Chairman & President, Mega Financial Holdings
  • Chairman & President, Mega International Commercial Bank
  • Chairman, Hua Nan Financial Holdings
  • Chairman, Hua Nan Commercial Bank
  • Chairman, Land Bank of Taiwan
  • Executive Vice President, Chiao Tung Bank
  • Master in Business Administration, Indiana University

Wen-Hsin Hsu

  • Professor, Department of Accounting, National Taiwan University
  • Associate Dean, International Affairs, College of Management, National Taiwan University
  • Director, Global MBA, National Taiwan University
  • Director, Case Center, National Taiwan University
  • Secretary General, Taiwan Accounting Association
  • Ph.D. in Accounting and Finance, Lancaster University

Ting-Yu Lin

  • Chairperson, Sunrox International Inc
  • Master’s in International Finance, Meiji University

At the meeting, the shareholders also approved:

  1. The 2020 Business Report and Financial Statements. The consolidated revenue for 2020 was NT$176,821 million and net income attributable to the shareholder of the parent was NT$29,189 million, with earnings per share of NT$2.42.
  2. Shareholder cash dividend of NT$19,876 million at approximately NT$1.60 per share.
  3. Employee cash compensation of NT$2,582 million.

 

Details of each agenda item can be found at https://www.umc.com under the “Investors / Events” section.

About UMC

UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry. The company provides high quality IC production with a focus on both logic and specialty technologies to serve every major sector of the electronics industry. UMC’s comprehensive technology and manufacturing solutions include logic/RF, embedded high voltage, embedded flash, RFSOI/BCD and IATF-16949 automotive manufacturing certification for all its manufacturing facilities. UMC operates 12 fabs that are strategically located throughout Asia with a maximum capacity of more than 750,000 8-inch equivalent wafers per month. The company employs approximately 19,500 people worldwide, with offices in Taiwan, China, United States, Europe, Japan, Korea and Singapore. For more information, please visit: https://www.umc.com.

 

Note from UMC Concerning Forward-Looking Statements

Some of the statements in the foregoing announcement are forward-looking within the meaning of the U.S. Federal Securities laws, including statements about introduction of new services and technologies, future outsourcing, competition, wafer capacity, business relationships and market conditions. Investors are cautioned that actual events and results could differ materially from these statements as a result of a variety of factors, including conditions in the overall semiconductor market and economy; acceptance and demand for products from UMC; and technological and development risks. Further information regarding these and other risks is included in UMC’s filings with the U.S. Securities and Exchange Commission. UMC does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

 

UMC Investor Relations

Michael Lin / David Wong

+886-2-2658-9168 ext. 16900

Jinhong_lin@umc.com

david_wong@umc.com