Item 2
AU Optronics Corp.
February 18, 2013
English Language Summary
Subject: The Board resolution of issuance of new common shares for cash to sponsor issuance of the American Depositary Receipt("ADR")
Regulation: Published pursuant to Article 2-11 of the Taiwan Stock Exchange's Operating Procedures for the Publication of Material Information by Listed Companies
Date of Events: 2013/02/18
1. Date of the board of directors resolution:2013/02/18
2. Source of capital increase funds:
The Board resolved the issuance of 640,000,000 to 800,000,000 common shares for cash to sponsor the ADR Offering.
3. Number of shares issued:
The total number of underlying securities represented by the ADRs is tentatively set to be 640,000,000 to 800,000,000 AUO common shares.
4. Par value per share: NTD 10
5. Total monetary amount of the issue:
The actual offering amount will be calculated based on the actual offering units, offering price and the then prevailing exchange rate of NT dollar to US dollar.
The actual issuing price shall not fall below 90% of the Reference Price, after deducting the bonus shares issued as stock dividend or the decreased shares due to capital decrease and cash dividends.
7. Number of shares subscribed by or allotted to employees:
10% of the new common shares shall be allocated for the employees’ subscription.
8. Number of shares publicly sold:
The total number of underlying securities represented by the ADRs is tentatively set to be 640,000,000 to 800,000,000 AUO common shares, 10% of which will be reserved for employees’ subscription according to Article 267 of the ROC Company Act. The remaining 90% of the total issuance, based on Article 28-1 of the Securities and Exchange Act, will be publicly offered to sponsor issuance of the ADRs. With respect to any common shares reserved for but not subscribed by employees, the Board authorized the chairman to offer such shares to specific persons or to include them as the underlying securities of the ADRs.
9. Ratio of shares subscribed by or allotted as stock dividends to existing shareholders: NA
10. Method of handling fractional shares and shares unsubscribed by the
With respect to any common shares reserved for but not subscribed by employees, the Board authorized the chairman to offer such shares to specific persons or to include them as the underlying securities of the ADRs.
11.Rights and obligations of the newly issued shares:
The new common shares will have the same rights and obligations as the Company’s existing issued and outstanding common shares.
12.Utilization of the funds from the capital increase:
To purchase raw materials overseas.
13.Any other matters that need to be specified: NA