HORNG SHIUE HOLDING Co., Ltd. announced a private placement of 20,000,000 shares at a price of TWD 10 per share for gross proceeds of TWD 200,000,000 on November 3, 2022. The transaction will include participation from employees of the company for 2,000,000 shares and 16,000,000 shares, based on the shareholder's shareholding ratio. Shareholder approval has been received from HORNG SHIUE HOLDING Co., Ltd.