Announcement for entering into non-guaranteed commercial paper "ESG Index linked" underwriting agreements with three bills finance companies.

 Announcement for entering into non-guaranteed
commercial paper "ESG Index linked" underwriting
agreements with three bills finance companies.

1.Date of occurrence of the event:2022/04/26
2.Counterparty to the contract or commitment:
 Mega Bills Finance Co.,Ltd., International Bills Finance Corporation,
 and China Bills Finance Corporation.
3.Relationship with the Company:
 Mega Bills Finance Co.,Ltd. and the Company are government-related
 entities.
4.Starting and ending dates (or rescission date) of the
contract or commitment:5 years from 2022/05/03
5.Major content (not applicable where rescinded):
 Enter into non-guaranteed commercial paper "ESG Index linked" underwriting
 agreements with the aforementioned three bills finance companies, enabling
 the Company to issue non-guaranteed commercial paper (up to 90 days) on a
 revolving basis during a period of 5 years. The total underwriting amount
 is NT$ 7 billion.
6.Restrictive covenants (not applicable where rescinded):
 The long-term credit rating is not lower than twAA- by Taiwan Ratings,
 and not lower than AA-(twn) by Fitch Ratings.
7.Commitment (not applicable where rescinded):
 Long-term credit rating downgrades, and issuance cost increases.
8.Any other important agreement (not applicable where rescinded):
 The Company may reduce the issuance amount at a certain period of time
 after issuance of the non-guaranteed commercial paper.
9.Effect on company finances and business:
 Diversified funding channels to support the Company's funding needs.
10.Concrete purpose/objective:Repay debts.
11.Any other matters that need to be specified:
 The board of directors authorized the chairman to deal with related issues.