National Aerospace Fasteners CorporationTWSE: 3004

Announcement for Applicable to reaching the ceiling on losses for contracts of derivative transactions.

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Provided by: National Aerospace Fasteners Corporation
SEQ_NO 2 Date of announcement 2022/07/07 Time of announcement 18:31:28
Subject
 Announcement for Applicable to reaching the ceiling on
losses for contracts of derivative transactions.
Date of events 2022/07/07 To which item it meets paragraph 20
Statement
1.Type of contract:Forward exchange
2.Date of occurrence of the event:2022/07/07
3.Contract price:USD22,000 thousands
4.Monetary amount of margin or royalties paid:None.
5.Ceiling on losses for aggregate or individual contracts set forth in the
Procedures:
 Total contract loss limit USD 500 thousands
6.Reason for derivative transaction:Hedge Purpose.
7.Item(s) being hedged:Accounts Receivable
8.Monetary amount of the hedged item(s):USD22,000 thousands
9.Profit (loss) of the hedged item(s):
 Realized and estimated unrealized losses of NTD15,360 thousand
10.The losses (including realized and unrealized losses) assessed using fair
value:Realized and estimated unrealized losses of NTD15,360 thousand
11.Reason for occurrence of the losses and the impact to the Company:
 Reason for occurrence of the losses: Foreign exchange rate fluctuations.
 Impact to the Company: Since they are the hedging transactions, there is no
                        significant impact
12.Contract period:2022/01/10-2022/09/23
13.Restrictive covenants:None.
14.Other important terms and conditions:None.
15.Any other matters that need to be specified:None.

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