Cancellation of Employee Stock Warrants from the 2026 (ROC Year 115) Issuance
Original: 註銷本公司所發行之一一五年發行之員工認股權憑證
Summary
Phison Electronics has announced the cancellation of employee stock warrants that were issued under its Year 115 (2026) employee stock warrant program. Cancellations of this type typically occur when eligible employees depart before vesting, voluntarily surrender their warrants, or when specific grant tranches are voided pursuant to the original plan terms. Investors should note that cancellation reduces potential future equity dilution from the affected warrant series. Full body available on MOPS.
Full Translation
Subject-line translation: 'Cancellation of the Employee Stock Warrants Issued by the Company in Year 115 (2026).' — Phison Electronics (8299) is formally voiding/retiring all or a portion of the employee stock warrants (員工認股權憑證) that were granted under the issuance program conducted in Republic of China Year 115, corresponding to calendar year 2026. Under Taiwan's Company Act and relevant FSC regulations, listed companies are required to publicly disclose any cancellation of outstanding employee stock warrants as a material event. The practical effect is a reduction in the total number of outstanding equity instruments that could convert into common shares, thereby decreasing potential dilution to existing shareholders. The precise number of warrants cancelled, the reason for cancellation, and any implications for the company's compensation structure are contained in the full announcement body. [Body not available — subject line only. See MOPS for full announcement.]