Taiwan High Speed Rail Corporation announced that the board of directors resolved to issue a medium-term loan with the bank. Counterparty to the contract or commitment: Taiwan Cooperative Bank . Relationship with the Company: THSRC's related parties.

Starting and ending dates (or rescission date) of the contract or commitment: Five years right after approved. Major content (not applicable where rescinded): TWD 3 billion medium-term loan. Restrictive covenants (not applicable where rescinded): Based on the terms and conditions set out in the Agreement.

Commitment (not applicable where rescinded): Based on the terms and conditions set out in the Agreement. Effect on company finances and business: Diversifying funding sources to support the Company's funding needs. Concrete purpose/objective: For the capex of new generation rolling stocks, and replenishment of working capital.

Pursuant to and in accordance with the 11th meeting of the 10th session of the Board of Directors resolution on March 13, 2024.