Announcement of the resolution of the board of directors of the company to issue ordinary corporate bonds

 Announcement of the resolution of the board of
directors of the company to issue ordinary corporate bonds

1.Date of the board of directors resolution:2022/03/17
2.Name [issue no.__ of (secured, unsecured) corporate
bonds of ___________ (company)]:
North-Star International Co.,LTD. ordinary corporate bonds
3.Whether to adopt shelf registration(Yes/No):No
4.Total amount issued:Subject to a ceiling of NT$3.8 billion,
it may be issued once or in installments within one year
depending on market conditions
5.Face value per bond:NT$ one million.
6.Issue price:Issued in full at face value.
7.Issuance period:A period of not more than five years shall
 be authorized by the chairman of the board.
8.Coupon rate:It is issued at a fixed interest rate, which
is determined according to the market conditions at the
time of pricing, and the chairman is authorized to decide.
9.Types, names, monetary values and stipulations of collaterals:
Bank guarantee.
10.Use of the funds raised by the offering and utilization plan:
Repay borrowings from financial institutions, reinvest in
subsidiaries and replenish working capital.
11.Underwriting method:Entrust a securities firm to publicly
underwrite it in the form of negotiated sales.
12.Trustees of the corporate bonds:
Authorize the chairman of the board to decide.
13.Underwriter or agent:
Authorize the chairman of the board to decide.
14.Guarantor(s) for the issuance:
Authorize the chairman of the board to decide.
15.Agent for payment of the principal and interest:
Authorize the chairman of the board to decide.
16.Certifying institution:Distributed without physical
entity, not applicable.
17.Where convertible into shares, the price and the rules for conversion:N/A
18.Sell-back conditions:none.
19.Buyback conditions:none.
20.Reference date for any additional share exchange,
stock swap, or subscription:N/A
21.Possible dilution of equity in case of any additional
 share exchange, stock swap, or subscription:N/A
22.Any other matters that need to be specified:none.