TSMC has established relevant procedures for managing and disclosing material information. The responsible departments regularly remind all officers and employees about the need to comply with these procedures and other applicable regulations when they become aware of any potential material information and the possible need to publicly disclose such information. To ensure that our employees, managers and board directors are aware of and comply with these relevant regulations, TSMC has also established an “Insider Trading Policy“. To reduce the risk of insider trading, on-line training programs and live seminars are conducted regularly. In addition, employees can familiarize themselves with relevant internal policies and training articles by easily accessing TSMC’s intranet website.