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TSMC Celebrates the Opening of JASM in Kumamoto, Japan

Daniel Nenni

Staff member

KUMAMOTO, Japan, Feb. 24, 2024 – TSMC (TWSE: 2330, NYSE: TSM) today held an opening
ceremony for its majority-owned subsidiary Japan Advanced Semiconductor Manufacturing, Inc.
(JASM) in Kumamoto Prefecture, Japan, bringing together suppliers, customers, business partners,
academia and the Japanese government to show appreciation for their continued support and the joint
effort that led to the success of the project.

Representatives from TSMC included TSMC Founder Dr. Morris Chang, TSMC Chairman Dr. Mark
Liu, and TSMC CEO Dr. C.C. Wei, who all shared insightful remarks. During the event, Prime
Minister Kishida announced through video that the Japanese government has decided to support the
newly-announced expansion of JASM as a concrete example of its implementation of the Domestic
Investment Promotion Package formulated in December last year.

Distinguished guests included Japanese Minister of Economy, Trade and Industry Ken Saito,
Chairman of the Liberal Democratic Party coalition in Semiconductor Strategy Akira Amari, Former
Minister of Economy, Trade and Industry Koichi Hagiuda, Kumamoto Governor Ikuo Kabashima, as
well as representatives of key partners in establishing JASM: Sony Group Corporation Chairman and
CEO Kenichiro Yoshida, DENSO Corporation President and COO Shinnosuke Hayashi, Toyota
Motor Corporation Chairman Akio Toyoda, and construction partner Kajima Corporation President
Hiromasa Amano.

The opening marks a significant milestone for JASM, which was established in 2021 and started
construction in April 2022, with production targeted to begin by the end of 2024. TSMC and minority
investors Sony Semiconductor Solutions (SSS), DENSO and Toyota also recently announced further
investment into JASM to build a second fab, which is scheduled to commence construction by the
end of 2024 and begin operation by the end of the 2027 calendar year.

With both fabs, JASM’s Kumamoto site is expected to offer a total production capacity of more than
100,000 12-inch wafers per month starting from 40, 22/28, 12/16 and 6/7 nanometer process
technologies for automotive, industrial, consumer and HPC-related applications. The overall
investment in JASM will exceed US$20 billion with strong support from the Japanese government.
The two fabs are expected to directly create more than 3,400 high-tech professional jobs.

In line with TSMC’s commitment to green manufacturing, JASM will implement rigorous
sustainability practices including using 100% renewable energy when it starts operation, replenishing
more than 100% of the groundwater it uses, and building a local supply chain.

“JASM will use the latest green manufacturing practices to produce best-in-class specialty

semiconductor technology that will help to unleash innovation and bolster the Japanese economy for
years to come,” said TSMC Chairman Dr. Mark Liu. “We are thankful for the joint efforts of our
partners in Japan whose unfaltering support has contributed greatly to the success of this project.”

JASM Opening Ceremony Third Party Quotes

Sony Group Corporation
I am deeply moved that today’s opening ceremony is taking place just over 3 years after the request
of Dr. C.C. Wei, CEO of TSMC for our support in their production in Japan. I believe the foundry
business serves as the foundation for delivering numerous innovations and has made a significant
contribution to economic and social development. We continue to support further contributions of
TSMC and JASM toward overall industry growth.

- Kenichiro Yoshida, Chairman and CEO, Sony Group Corporation

We are very pleased to attend today’s JASM Opening Ceremony. The role of semiconductors is
becoming increasingly important in promoting the evolution of transportation such autonomous
driving and electronification. Along with the continued development of our strong partner JASM,

DENSO will make contributions to the overall automotive industry through stable medium- to long-
term semiconductor procurement.

- Koji Arima, Chairman & CEO, DENSO CORPORATION

Toyota Motor Corporation
I would like to extend my heartfelt congratulations on today's major milestone, the opening of
JASM. The entire Japanese automotive industry is very grateful for the start of production of
automotive semiconductors, and we will never forget the kindness of TSMC, who extended a
helping hand to us when the automotive industry was unable to produce cars in the past due to a
shortage of semiconductors. I hope that together with the people of Kumamoto, TSMC and JASM
can further develop manufacturing in the region. Our industry has a broad base of 5.5 million
people, and if we extend it to the mobility industry, it's eight million of us who are moving towards
the future together every day. We are committed to building an even better future with a wide range
of stakeholders beyond the industry, based on trust and mutual understanding. I would like to take
this opportunity to extend my congratulations, again.

- Akio Toyoda, Chairman of the Board of Directors, Toyota Motor Corporation

About TSMC
TSMC pioneered the pure-play foundry business model when it was founded in 1987 and has been
the world’s leading dedicated semiconductor foundry ever since. The Company supports a thriving
ecosystem of global customers and partners with the industry’s leading process technologies and
portfolio of design enablement solutions to unleash innovation for the global semiconductor industry.
With global operations spanning Asia, Europe, and North America, TSMC serves as a committed
corporate citizen around the world.

TSMC deployed 288 distinct process technologies, and manufactured 11,895 products for 528
customers in 2023 by providing broadest range of advanced, specialty and advanced packaging
technology services. TSMC is the first foundry to provide 5-nanometer production capabilities, the
most advanced semiconductor process technology available in the world. The Company is
headquartered in Hsinchu, Taiwan. For more information please visit

# # #

TSMC Spokesperson:
Wendell Huang
Senior Vice President and
Tel: 886-3-505-5901

TSMC Deputy Spokesperson:
Nina Kao
Head of Public Relations
Tel: 886-3-563-6688 ext.7125036
Mobile: 886-988-239-163

Media Contact:
Kristin Chiu
Public Relations
Tel: 886-3-563-6688 ext. 7124112
Mobile: 886-975-548-260