Announcement of the major terms of UPC 1st Secured
Corporate Bond Issue in 2022 (111-1).

1.Date of the board of directors resolution:NA
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:
 UPC TECHNOLOGY CORPORATION 1st Secured Corporate Bond Issue in 2022
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:
 Total amount NT$3 billion; comprised of NT$1.5 billion Tranche A,
 NT$1 billion Tranche B and NT$0.5 billion Tranche C
5.Face value per bond:NT$1 million
6.Issue price:100% of the face value
7.Issuance period:All Tranches are 5 years
8.Coupon rate:All Tranches fixed rate at 1.8% p.a.
9.Types, names, monetary values and stipulations of collaterals:
 Bank guarantee
10.Use of the funds raised by the offering and utilization plan:
 To repay financial institution loan
11.Underwriting method:Public offering through underwriters
12.Trustees of the corporate bonds:Bank Sinopac Company Limited
13.Underwriter or agent:Mega Securities Co., Ltd. as lead underwriter.
14.Guarantor(s) for the issuance:
 Tranche A: Mega International Commercial Bank Co., Ltd., Tranche B:
 Bank of Taiwan Co., Ltd. and Tranche C: Hua Nan Commercial Bank, Ltd.,
 according to the entrustment guarantee contract signed by the individual
 and the performance of the corporate bonds guarantee contract.
15.Agent for payment of the principal and interest:
 Mega International Commercial Bank Co., Ltd. Foreign Dept.
16.Certifying institution:NA
17.Where convertible into shares, the rules for conversion:NA
18.Sell-back conditions:NA
19.Buyback conditions:NA
20.Reference date for any additional share exchange, stock swap, or
subscription:NA
21.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription:NA
22.Any other matters that need to be specified:
 Announcement of the major terms of the UPC 1st Secured Corporate Bond
 Issue in 2022 subsequent to 2022/5/5 UPC Board of Directors' approval
 of the issuance of secured corporate bonds.