Weltrend Semiconductor : Announcement of conditions to the Company's public tender offer ("Tender Offer") for acquiring ordinary shares of Sentelic Corporation having been fulfilled

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Provided by: Weltrend Semiconductor, Inc.
SEQ_NO	1	Date of announcement	2022/08/10	Time of announcement	17:40:04
Subject	Announcement of conditions to the Company's public tender offer ("Tender Offer") for acquiring ordinary shares of Sentelic Corporation having been fulfilled
Date of events	2022/08/10	To which item it meets	paragraph 38
Statement	1.Date of occurrence of the event:2022/08/10 2.Cause: The number of ordinary shares of Sentelic Corporation (TPEx: 4945, the "Target") to be tendered via the Company's Tender Offer as of August 10, 2022 is 15,437,583 shares, which has exceeded the minimum quantity of shares to be acquired (i.e., 13,522,000 shares, representing approximately 51.38% of the Target's total 30,047,000 ordinary shares issued as shown in the public registry system of the Department of Commence of the Ministry of Economic Affairs last amended on June 10, 2022). As such, all conditions to the tender offer have been fulfilled, and announcement is hereby made pursuant to Subparagraph 2 of Paragraph 2 of Article 19 of the Regulations Governing Tender Offers for Securities of Public Companies (the "Regulations"). 3.Countermeasures: The Company will proceed with the tender offer for acquiring the ordinary shares of the Target until 3:30pm on August 17, 2022. During the epidemic period, shareholders of the Target who wish to accept such offer are recommended to confirm the acceptance time and the process of offering to sell with the securities firm or a custodian bank and recommend that shareholders use the telephone or electronic (Internet) application method to patriciate the tender offer. For further information, please refer to the tender offer prospectus. If the shareholder adopts the over-the-counter method, please take epidemic prevention measures, and pay attention to your own health and safety. Should there be any question, please contact Taishin Securities Co., Limited at [phone]. 4.Any other matters stipulated by the SFB: (1) According to Paragraph 4 of Article 19 of the Regulations, after the conditions of the tender offer have been fulfilled, if the tender offeror does not complete the payment by the time for payment of the tender offer consideration as specified in the tender offer prospectus, the offeree in the Tender Offer ("Offeree") may, without issuing any notice of payment due, terminate the contract at its sole discretion. The Tender Offer Agent shall, on the following business day, return to the offeree the securities deposited by the offeree. However, if the time to return the securities to the offeree, as specified in the tender offer prospectus, is earlier than the time for payment of tender offer consideration, such stipulation shall govern. (2) According to Paragraph 6 of Article 19 of the Regulations, unless otherwise provided by applicable law, an offeree may not revoke its offer to sell after the tender offeror has made a public announcement. (3) The conditions of the Tender Offer have been fulfilled. If the shares tendered by the offeree are free and clear of any provisional proceedings, such as provisional attachment, injunction or compulsory execution, or any other restrictions on transfer, under which the tendered shares shall be deemed as never been tendered, and if there are no other circumstances specified by the competent authority to suspend the Tender Offer, then the tendered shares and all considerations for this tender offer will be delivered within 5 business days (including the 5th business day), after the expiration of the Tender Offer period.