Corporate bonds

Grand Fortune Securities: managed the domestic unsecured conversion of corporate bonds through a private placement

Statement

1.Date of the board of directors resolution:2022/04/18
2.Name of the corporate bonds:Private placement of domestic
unsecured convertible corporate bonds.
3.Total amount issued:Up to NT$500 million.
4.Face value per bond:NT$100,000.
5.Issue price:At not less than 80% of the theoretical price.
6.Issuance period:three years.
7.Coupon rate:The coupon rate is 0%.
8.Types, names, monetary values and stipulations of collaterals:
Not applicable.
9.Use of the funds raised by the offering and utilization plan:
Enrich working capital, strengthen the company's financial
structure or respond to future development Funding needs.
10.Trustees of the corporate bonds:Undecided.
11.Guarantor(s) for the issuance:Not applicable.
12.Agent for payment of the principal and interest:Undecided.
13.Where convertible into shares, the price and the rules for conversion:
Undecided.
14.Sell-back conditions:Undecided.
15.Buyback conditions:Undecided.
16.Reference date for any additional share exchange, stock swap,
or subscription:Undecided.
17.Possible dilution of equity in case of any additional share
exchange, stock swap, or subscription:Undecided.
18.For additional share exchange or subscription, possible
influence of change in shareholding ratio of TPEx-listed common
 shares if all privately placed corporate bonds are converted
and shares subscribed for (no.of TPEx -listed common shares (a),
(a) / outstanding common shares):Not applicable.
19.Please explain any countermeasures for lower circulation in
 shareholding if the aforesaid estimated no.of TPEx-listed
common shares does not reach 5 million and the ratio does not
 reach 25%:Not applicable.
20.Any other matters that need to be specified:
(1) Other issuance conditions such as the actual pricing date,
 issuance conditions, buyback conditions, sellback conditions,
 and actual conversion price determination, etc., it is proposed
 to request the shareholders' meeting to authorize the board of
 directors to contact specific persons in the future and consider
 the company's operating performance and future prospects. and
 market conditions are determined within the scope of the mandate
 and conditions of the shareholders' meeting.
(2) For this private placement of domestic convertible corporate
 bonds, in addition to the percentage determined by the price,
 the rest include but are not limited to issuance conditions,
 planned projects, progress of capital application, expected
benefits and other unfinished matters. In the event of amendments
due to changes in objective environmental factors, it is proposed
to request the shareholders' meeting to authorize the board of
directors to act in accordance with relevant regulations.
(3) In order to cooperate with the issuance of this private
placement of corporate bonds, it is proposed to request the
shareholders' meeting to authorize the chairman to sign and
discuss all contracts and documents related to this private
placement of corporate bonds on behalf of the company, and to
handle all relevant matters for the company. Matters required
for private placement of corporate bonds.