Phihong Technology: To report a new endorsement/guarantees reaches NT$30 million and 5% of the company’s net worth in the latest financial statements.

Statement

1.Date of occurrence of the event:2022/08/04
2.For the company for whom the endorsements/guarantees were made, please
specify name of endorsed/guaranteed company, its relationship with
the Company providing endorsements/guarantees, the ceiling on the
endorsements/guarantees (thousand NTD), the original amount of
endorsements/guarantees (thousand NTD), the amount of the current additional
endorsements/guarantees (thousand NTD), the amount of
endorsements/guarantees as of the date of occurrence (thousand NTD), the
actual loaned amount of the company for whom endorsements/guarantees were
made (thousand NTD), and the reason for the current additional
endorsements/guarantees:
(1)name of endorsed/guaranteed company:Zerova Technologies Taiwan Limited
(2)relationship with the Company providing endorsements/guarantees:
a 100% ,directly or indirectly, owned subsidiary of the Company
(3)the ceiling on the endorsements/guarantees (thousand NTD):1,809,381
the original amount of endorsements/guarantees (thousand NTD):0
(4)the amount of the current additional endorsements/guarantees
(thousand NTD):600,000
(5)the amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):600,000
(6)the actual loaned amount of the company for whom endorsements/guarantees
were made (thousand NTD):0
(7)reason for the current additional endorsements/guarantees:application
for bank facilities.
3.For collaterals provided by the company for whom the
endorsements/guarantees were made, the content and the value (thousand NTD):
collaterals:Tainan No. 1 Factory
(No. 99, Zhengnan 1st Street, Yongkang District, Tainan City)
value (thousand NTD):536,990
4.For the latest financial statements of the company for whom the
endorsements/guarantees were made, the Capital (thousand NTD) and Cumulative
gains/losses (thousand NTD):
the Capital (thousand NTD):1,000
Cumulative gains/losses (thousand NTD):N/A
5.For termination of endorsement/guarantee obligations, the condition and
the date:
condition:According to the contract terms
date:According to the contract terms
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):
3,015,636
7.The total amount of endorsements/guarantees as of the date of occurrence
(thousand NTD):659,860
8.The amount of endorsements/guarantees as a percentage of the
public company's net worth on the latest financial report as of the date of
occurrence:10.94%
9.The aggregate amount of equity method investments,
endorsements/guarantees, and monetary loans extended to others as a
percentage of the public company's net worth on the latest financial
statements:9.96%
10.Any other matters that need to be specified:
Zerova Technologies Taiwan Limited has been set up on March,2022.

About Dianne Stinson

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