Announced to apply for issuing NT$2.5 billion Non-Cumulative Perpetual Subordinated Financial Debentures

 Announced to apply for issuing NT$2.5 billion
Non-Cumulative Perpetual Subordinated
Financial Debentures

1.Date of the board of directors resolution:2022/08/13
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:The Shanghai Commercial & Savings Bank Ltd.
plan to apply for issuing NT$2.5 billion Non-Cumulative Perpetual
subordinated Financial Debentures.
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:NT$2.5 billion
5.Face value per bond:Undecided
6.Issue price:Issue at 100% of the face value.
7.Issuance period:No maturity date
8.Coupon rate:Depending on the level of the market interest rate and
the Bank's funding conditions.
9.Types, names, monetary values and stipulations of collaterals:None
10.Use of the funds raised by the offering and utilization plan:In order
to meet the mid or long-term funds need, to raise the capital adequacy
ratios.
11.Underwriting method:Undecided
12.Trustees of the corporate bonds:Undecided
13.Underwriter or agent:Undecided
14.Guarantor(s) for the issuance:None
15.Agent for payment of the principal and interest:The Shanghai Commercial
& Savings Bank Ltd.
16.Certifying institution:None
17.Where convertible into shares, the rules for conversion:None
18.Sell-back conditions:Undecided
19.Buyback conditions:Undecided
20.Reference date for any additional share exchange, stock swap, or
subscription:None
21.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription:None
22.Any other matters that need to be specified:None