P AR T I obtaining further approvals from the Central Bank of the Republic of China (Taiwan) or any other governmental authority or agency  of the Republic of China, may convert NT dollars into other currencies, including U.S. dollars, in respect of:  In addition, the depositary may also convert into NT dollars incoming payments for purchases of common shares for deposit  in the depositary receipt facility against the creation of additional ADSs. If you withdraw the common shares underlying your  ADSs and become a holder of our common shares, you may convert into NT dollars subscription payments for rights offerings.  The depositary may be required to obtain foreign exchange approval from the Central Bank of the Republic of China (Taiwan) on a  payment-by-payment basis for conversion from NT dollars into foreign currencies of the proceeds from the sale of subscription rights  of new common shares. Although it is expected that the Central Bank of the Republic of China (Taiwan) will grant approval as a  routine matter, required approvals may not be obtained in a timely manner, or at all.  Under the Republic of China Foreign Exchange Control Law, the Executive Yuan of the Republic of China may, without  prior notice but subject to subsequent legislative approval rendered within ten days from such imposition, impose foreign exchange  controls or other restrictions in the event of, among other things, a material change in domestic or international economic conditions  which might threaten the stability of the domestic economy in Taiwan.  If you are a non-Republic of China person and wish to withdraw common shares represented by your ADSs from our ADS  facility and hold those common shares, you are required under the current laws and regulations of the Republic of China to appoint  an agent, also referred to as a tax guarantor, in the Republic of China for filing tax returns and making tax payment. A tax guarantor  must meet certain qualifications set by the Ministry of Finance of the Republic of China and, upon appointment, becomes a guarantor  of your Republic of China tax obligations. If you wish to repatriate profits derived from the sale of withdrawn common shares or  cash dividends or interest on funds derived from the withdrawn common shares, you will be required to submit evidence of your  appointment of a tax guarantor and the approval of the appointment by the Republic of China tax authorities. You may not be able to  appoint and obtain approval for a tax guarantor in a timely manner.  In addition, under the current laws of the Republic of China, you will be required to be registered as a foreign investor with  the Taiwan Stock Exchange for making investments in the Republic of China securities market prior to your withdrawal and holding  of common shares represented by the ADSs. You will be required to appoint a local agent in Taiwan to, among other things, open  a securities trading account with a local securities brokerage firm and a bank account to remit funds, exercise stockholders’ rights  and perform other functions as holders of ADSs may designate. You must also appoint a local bank to act as custodian for handling  confirmation and settlement of trades, safekeeping of securities and cash proceeds and reporting and declaration of information.  Without the relevant registration and appointment of the local agent and custodian and the opening of a securities trading account  and bank account, you will not be able to hold, subsequently sell or otherwise transfer our common shares withdrawn from the ADSs  facilities on the Taiwan Stock Exchange.  Before 2009, we voluntarily published operating results guidance for the current fiscal year prepared in accordance with  R.O.C. GAAP. In 2009 and 2010, we published operating results guidance on a quarterly basis. Beginning in 2011, we reverted to  publishing our operating results guidance on an annual basis again and no longer publish operating results guidance on a quarterly  basis. These projections are based on a number of estimates and assumptions and are inherently subject to significant uncertainties  Our actual financial results may differ materially from our published yearly guidance.  You are required to register with the Taiwan Stock Exchange and appoint several local agents in Taiwan if you withdraw common  shares from our ADS facility and become our stockholder, which may make your ownership burdensome.  ●  the proceeds of the sale of common shares represented by ADSs or received as share dividends with respect to the common  shares and deposited into the depositary receipt facility; and  ●  any cash dividends or distributions received from the common shares represented by ADSs.  17