FocalTech: On the behavior of a subsidiary to announce the additional monetary loans granted exceeding 2% of the net worth of the FocalTech group

Declaration

1.Date of occurrence of the event:2022/02/23
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), 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, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
(1.1)Funding recipient name:FocalTech Electronics (Shenzhen) Co., Ltd.
(1.2)Relationship with lender:
     FocalTech Systems, Ltd. and FocalTech Electronics (Shenzhen) Co., Ltd.
     are 100% owned by FocalTech Systems Co., Ltd.
(1.3)Lending limit: NT$2,467,011 thousands.
(1.4)Starting outstanding balance: NT$0
(1.5)New loan: NT$278,250 thousands.
(1.6)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: Yes
(1.7)Outstanding balance: NT$278,250 thousands.
(1.8)Reason for new loan: operation needs.
(2.1)Funding recipient name:FocalTech Electronics (Shenzhen) Co., Ltd.
(2.2)Relationship with lender:
     FocalTech Electronics, Ltd. has 100% direct shareholding in
     FocalTech Electronics (Shenzhen) Co., Ltd.
(2.3)Lending limit: NT$1,809,988 thousands.
(2.4)Starting outstanding balance: NT$0
(2.5)New loan: NT$695,625 thousands.
(2.6)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: Yes
(2.7)Outstanding balance: NT$695,625 thousands.
(2.8)Reason for new loan: operation needs.
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD): None.
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
 Capital: NT$64,055 thousands.
 Cumulative gains: NT$381,071 thousands.
5.Method of calculation of interest: None.
6.For repayment, the condition and the date:
 Pay off the debt on the due date, 3 year from the contract signed.
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD): NT$2,643,375 thousands.
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: 21.71%
9.Sources of funds for the company to extend monetary loans to others:
 Subsidiary's own funds.
10.Any other matters that need to be specified: None.

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