The Taiwan Fund, Inc. Announces Share Repurchases under its Discount Management Policy from February 17, 2020 through February 21, 2020

February 24, 2020

New York, New York, February 24, 2020 – The Taiwan Fund, Inc. (TWN) (the “Fund”) announced today that for the period February 17, 2020 through February 21, 2020, the Fund repurchased a total of 5,000 shares under the Fund’s Discount Management Program as follows:

Brian F. Link, Secretary
877-217-9502
www.thetaiwanfund.com

New York, New York, February 24, 2020 – The Taiwan Fund, Inc. (TWN) (the “Fund”) announced today that for the period February 17, 2020 through February 21, 2020, the Fund repurchased a total of 5,000 shares under the Fund’s Discount Management Program as follows:

Purchase Date Shares Repurchased
February 20, 2020 1,500
February 21, 2020 3,500

The Fund is a diversified closed-end investment company, which seeks long term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange. Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol “TWN.”

For additional information on the Fund, including information on the Fund’s holdings, visit the Fund’s website at www.thetaiwanfund.com or call 1-877-217-9502.