LCD Stock Bonus on 11/30/2012 | CoTuc

- Execution ratio: 9:1.

- Explanation: At the record date, shareholders holding 9 shares will receive 1 new shares.

- Rounding policy: For fractional shares (if any) arising when shareholders exercise their rights, to ensure the number of shares issued does not exceed the planned issuance, the number of shares shareholders receive will be rounded down to the nearest whole number. Fractional shares arising from rounding when distributing to existing shareholders will be cancelled.

- Example: At the record date, shareholder A holds 222 shares LCD. According to the stock dividend ratio of 9:1, the number of shares shareholder A will receive is (222 x 1)/9 = 24.667 new shares. According to the rounding and fractional share rules, shareholder A will receive 24 shares. Fractional shares (0.666666666666668 shares) will be cancelled.