TSMC Board of Directors Meeting Resolutions

Hsinchu, Taiwan, R.O.C., May 10, 2016 – TSMC (NYSE: TSM) today held a meeting of the Board of Directors, which approved capital appropriations of approximately US$4,101.3 million for purposes including: 1) Installation and expansion of advanced technology capacity; 2) Conversion of certain logic capacity to specialty technology; 3) Third quarter 2016 R&D capital investments and sustaining capital expenditures.