The Taiwan Fund, Inc. Announces Share Repurchases under its Discount Management Policy from March 9, 2020 through March 13, 2020

March 16, 2020

New York, New York, March 16, 2020 – The Taiwan Fund, Inc. (TWN) (the “Fund”) announced today that for the period March 9, 2020 through March 13, 2020, the Fund repurchased a total of 5,200 shares under the Fund’s Discount Management Program as follows:

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

New York, New York, March 16, 2020 – The Taiwan Fund, Inc. (TWN) (the “Fund”) announced today that for the period March 9, 2020 through March 13, 2020, the Fund repurchased a total of 5,200 shares under the Fund’s Discount Management Program as follows:

Purchase Date Shares Repurchased
March 9, 2020 1,600
March 10, 2020 1,900
March 11, 2020 1,700

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.