Sunny Friend Environmental Technology : Announcement of base date for the issuance of new stocks for cash capital increase on behalf of the subsidiaries Chin Hsin Environmental Engineering Co., Ltd.

 Announcement of base date for the issuance of new stocks
for cash capital increase on behalf of the subsidiaries
Chin Hsin Environmental Engineering Co., Ltd.

1.Date of the board of directors resolution or
 decision by the Company:2022/08/05
2.Number of shares issued:common shares 10,000,000shares
3.Par Value per share:NT$10
4.Total monetary value of the issuance:NT$150,000,000
5.Issue price:NT$15
6.Number of shares subscribed for by employees:
Total number of new shares issues 15 % of shareholding 1,500,000 shares
7.Ratio of shares subscribed for by existing shareholders:
Total number of new shares issues 85 % of shareholding 8,500,000 shares
8.Method for public sale and no.of shares:Not applicable
9.Handling method for fractional shares and shares unsubscripted for by the
deadline:Chairman authorized to contact specific persons for subscription
10.Rights and obligations of these newly issued shares:
Same as the original common shares
11.Utilization of the funds from the current capital increase:
Raise working capital
12.Record date of cash capital increase and share subscription:
2022/08/29
13.Last date before book closure:2022/08/24
14.Book closure starting date:2022/08/25
15.Book closure ending date:2022/08/29
16.Payment period:
(1)The subscription payment period for original shareholders and employees:
2022/08/31~2022/09/01
(2)The subscription payment period for the specified parties:
2022/09/02~2022/09/08
Chairman authorized to extend the payment period depending on the
actual situation of the payment.
17.Date of the agreement with the banks to collect and deposit the proceeds:
2022/8/5
18.Name of the institution designated to collect the proceeds:
First Bank Nangang Branch
19.Name of the bank designated to deposit the proceeds:Not applicable
20.Any other matters that need to be specified:
The base date of cash capital increase is 2022/9/12.
The chairman is fully authorized to handle the detailed and other
outstanding matters regarding the cash capital increase, such as
revisions approved by the competent authority or changes as
needed due to regulatory requirements and objective changes.