Subsidiary Eternal (China) Investment Co., Ltd.'s announcement follow the Article 22-1.3 of Regulations of Loan of Funds/Endorsements/Guarantees by Public Companies

 Subsidiary Eternal (China) Investment Co., Ltd.'s
announcement follow the Article 22-1.3 of Regulations of
Loan of Funds/Endorsements/Guarantees by Public Companies

1.Date of occurrence of the event:2022/05/13
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):
A.Name of the company:Eternal Chemical(Tianjin) Co., Ltd.
Relationship to the Company:100% indirectly-owned subsidiary
Ceiling amount on loan amount:TWD31,021,567 thousands
Originally extended loans amount:TWD534,475 thousands
Current additional loans:TWD534,475 thousands
Whether or not the board of directors authorize the chairperson to
give loans for the borrowing counterparty:No
Total extended amount of loans:TWD1,068,950 thousands
Reason for current additional loans:Loan repayment needs
B.Name of the company:ESCO Specialty Coatings (Shanghai) Co., Ltd.
Relationship to the Company:
Affiliate, 40% directly-own by Eternal (China) Investment Co., Ltd.
Ceiling amount on loan amount:TWD6,204,313 thousands
Originally extended loans amount:TWD 0 thousands
Current additional loans:TWD162,570 thousands
Whether of not the board of directors authorize the chairperson to
give loans for the borrowing counterparty:No
Total extended amount of loans:TWD162,570 thousands
Reason for current additional loans:Loan repayment 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:TWD1,340,808 thousands
Accumulated gains or losses:TWD-607,255 thousands
5.Method of calculation of interest:
Interest calculated by daily
6.For repayment, the condition and the date:
Repayment at any time if necessary
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):TWD9,892,254 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:37.76%
9.Sources of funds for the company to extend monetary loans to others:
The Company's subsidiary
10.Any other matters that need to be specified:
1.The FX rate of CNY/TWD=4.45396
2.Capital of
Eternal Chemical(Tianjin) Co., Ltd.:TWD945,739 thousands
ESCO Specialty Coatings (Shanghai) Co., Ltd.:TWD395,069 thousands
3.Accumulated gains or losses of the loan recipient
Eternal Chemical(Tianjin) Co., Ltd.:TWD-38,708 thousands
ESCO Specialty Coatings (Shanghai) Co., Ltd.:TWD-568,547 thousands