The Taiwan Fund, Inc.

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The Taiwan Fund, Inc. Announces Share Repurchases under its Discount Management Policy from February 24, 2020 through February 28, 2020

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

New York, New York, March 3, 2020 – The Taiwan Fund, Inc. (TWN) (the “Fund”) announced today that for the period February 24, 2020 through February 28, 2020, the Fund repurchased a total of 8,181 shares under the Fund’s Discount Management Program as follows:

Purchase Date Shares Repurchased
February 24, 2020 2,886
February 25, 2020 1,301
February 26, 2020 247
February 27, 2020 3,000
February 28, 2020 747

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.

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