TSMC Board of Directors Meeting Resolutions

Hsinchu, Taiwan, R.O.C. – Nov. 13, 2018 –TSMC (NYSE: TSM) today held a meeting of the Board of Directors, which passed the following resolutions:

1. Approved capital appropriations of approximately US$3,364.40 million for purposes including: 1) Construction of fab facilities; 2) Installation, expansion, and upgrade of advanced technology capacity; 3) Upgrade of specialty technology capacity; 4) Conversion of logic capacity to specialty technology capacity; 5) First quarter 2019 R&D capital investments and sustaining capital expenditures.

2. Approved capital appropriation of approximately US$17,320,000 for capitalized leased assets in the first half of 2019.

3. Approved the appointment of Mr. Moshe N. Gavrielov as a member of the Compensation Committee, effective November 13, 2018.

4. Approved the following personnel appointments:

● Promoted Vice President of Information Technology and Materials Management & Risk Management J.K. Lin to Senior Vice President.

● Promoted Operation Organization’s Vice President of Fab Operations J.K. Wang to Senior Vice President.

● Promoted Operation Organization’s Senior Director of Backend Technology and Service Division Dr. Marvin Liao to Vice President.

TSMC Spokesperson

Wendell Huang
Vice President & Chief Financial Officer & Spokesperson
Tel: 886-3-5055901

Acting Spokesperson/Media Contacts

Elizabeth Sun
Senior Director, TSMC Corporate Communications Division
Tel: 886-3-5682085