Coretronic : Announcement for subsidiaries under the article 22.1(3) of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies

 Announcement for subsidiaries under the article 22.1(3)
of Regulations Governing Loaning of Funds and Making of
Endorsements/Guarantees by Public Companies

1.Date of occurrence of the event:2022/06/30
2.Funding recipient (1)Name(2)Relationship with lender
(3)Lending limit (thousand NTD)(4)Starting outstanding
balance (thousand NTD)(5)New loan (thousand NTD)(6)Is
it part of a scheduled allocation or revolving limit
for the same recipient that the chairman is authorized
by the board of directors to allocate(7)Outstanding
balance (thousand NTD) up to the date of occurrence
(8)Reason for new loan (thousand NTD):
(1)Funding recipient Name:Coretronic Display (Suzhou) Co.,Ltd.
(2)Relationship with lender:Coretronic Display (Suzhou) Co.,Ltd.
and Coretronic (Suzhou) CO., LTD. are both indirect 100% owned
by Coretronic Corporation
(3)Lending limit:NT$4,855,799thousand
(4)Starting outstanding balance:NT$671,367thousand
(5)New loan:NT$784,916thousand
(6)Is it part of a scheduled allocation or revolving limit
for the same recipient that the chairman is authorized
by the board of directors to allocate:No
(7)Outstanding balance up to the date of occurrence:NT$1,456,283
thousand
(8)Reason for new loan:working capital needs
3.For collaterals provided by the loan recipient, the
(1)Content(2)Value (thousand NTD):For collaterals provided by
the loan recipient:No
the Content and Value :NT$0 thousand
4.For the latest financial reports of the loan recipient, the
(1)Capital (thousand NTD)(2)Cumulative gains/losses
(thousand NTD):Capital of the loan recipient according to its
latest financial report:NT$1,547,564thousand
Accumulated profit/loss of the loan recipient according to its latest
financial report:NT$877,094thousand
5.Method of calculation of interest:Based on loan agreements
6.For repayment, the(1)Condition(2)Date:Based on loan agreements
7.The amount of monetary loans extended to others as
of the date of occurrence (thousand NTD):7,527,908thousand
8.The total amount of monetary loans extended to others
as a percentage of the public company's net worth on
the latest financial statements as of the date of
occurrence:34.52%
9.Sources of funds for the company to extend monetary
loans to others:subsidiary's self-owned funds
10.Any other matters that need to be specified:None.