DIVIDEND ALERT: US$1.582 CASH DIVIDEND OR APPROXIMATELY US$1.230 AFTER TAIWAN WITHHOLDING TAX AND DEPOSITARY FEES TO BE DISTRIBUTED TO ChipMOS ADS HOLDERS

Rhea-AI Summary

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) has announced a cash dividend of US$1.582 per American Depositary Share (ADS), translating to approximately US$1.230 after Taiwanese withholding tax and depositary fees. The dividend, approved in the July 2021 Annual Shareholders' Meeting, will be distributed on September 8, 2021. Shareholders with ADSs are advised to check with their brokers regarding the receipt of payments. ChipMOS is a leading provider of outsourced semiconductor assembly and test services, operating advanced facilities in Taiwan.

Positive

• Declaration of a US$1.582 cash dividend per ADS, reflecting strong financial health.
• The dividend approval shows confidence in the company's ongoing operations and profitability.

Negative

• The dividend payment may impact cash reserves, raising sustainability concerns.

HSINCHU, Sept. 1, 2021 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), announced a US$1.582 per ADS cash dividend (or approximately US$1.230 per ADS after the Taiwan withholding tax and Citibank, N.A.'s depositary fees) will be distributed on September 8, 2021. Shareholders approved the latest dividend at the Company's July 2021 Annual Shareholders' Meeting.

Holders of ADSs in brokerage accounts are encouraged to check with their securities brokers for receipt of dividend payments.  Questions may be directed to Tiffany Ma at Citibank, N.A. (Tel: +1-973-461-5734; email: tiffany.ma@citi.com).

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS provide assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.

Forward-Looking Statements

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as "believes," "expects," "anticipates," "projects," "intends," "should," "seeks," "estimates," "future" or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors, including the ongoing impact of COVID-19.  Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.

Contacts: In Taiwan Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 IR@chipmos.com

In the U.S. David Pasquale Global IR Partners +1-914-337-8801 dpasquale@globalirpartners.com

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SOURCE ChipMOS TECHNOLOGIES INC.

FAQ

What is the dividend amount announced by ChipMOS in September 2021?

ChipMOS announced a cash dividend of US$1.582 per ADS.

When is the ChipMOS dividend payment date?

The dividend will be paid on September 8, 2021.

What is the net amount after tax for the ChipMOS dividend per ADS?

After withholding tax, the net dividend amount per ADS is approximately US$1.230.

How often does ChipMOS pay dividends?

ChipMOS typically pays dividends at intervals determined during their Annual Shareholders' Meeting.

Is the ChipMOS dividend sustainable?

The sustainability of the dividend may be questioned due to potential impacts on cash reserves.