Announcement pursuant to Subparagraph 3 of Paragraph 1 of Article 22 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees
 2020-03-27

1.Date of occurrence of the event:2020/03/27

2.Name of the company who receive the monetary loans, its relationship to the Company who extend the loans, ceiling

  amount on the monetary loans extended,  amount of loans originally extended, amount of the current additional loans,

  whether or not the board of directors authorize the chairperson to give loans for the borrowing counterparty; total extended

  amount of loans and the reason for loans as of the date of occurrence of the event:

(1)Company name: Snowdown Merchandise Corporation

(2)Relationship with the Company: Investments in associates

(3)Loan ceiling: NTD 2,012,804 thousand

(4)Original loan amount: NTD 120,000 thousand

(5)Current additional loan amount: NTD 120,000 thousand

(6)Whether or not the board of directors authorize the chairpersonto give loans to the borrowing counterparty: NO

(7)Loan amount as of the date of events: NTD 240,000 thousand

(8)Reason for the current additional loan: To meet the increasing working capital need.

3.Content and value of collaterals provided by the loan recipient, if any:

(1)Content of collaterals: Promissory Notes

(2)Value of collaterals: NTD 120,000 thousand

4.Capital and Accumulated profit/loss of the loan recipient according to its latest financial report:

(1)Capital: NTD 106,155 thousand

(2)Accumulated profit/loss: NTD 202 thousand

5.Method of calculation of interest:Based on the contract

6.Terms/conditions and date for repayment:

(1)Terms/Conditions: Based on the contract

(2)Repayment Date: 1 year from the date of first drawdown

7.The Company’s total amount of monetary loans extended as of the date of occurrence of the event:NTD 248,050 thousand

8.The ratio of the total amount of monetary loans extended  to the Company’s net worth on its most recent financial

  statements as of the date of occurrence of the event:4.93%

9.Sources of funds to extend monetary loans to others:The parent company

10.Any other matters that need to be specified:N/A