Chailease : Announcement for its subsidiary CFC concerning acquisition of the subordinated securities under the 2021 Special Purpose Trust Agreement.

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Provided by: Chailease Holding Company Limited
SEQ_NO	4	Date of announcement	2022/04/15	Time of announcement	15:40:53
Subject	Announcement for its subsidiary CFC concerning acquisition of the subordinated securities under the 2021 Special Purpose Trust Agreement.
Date of events	2022/04/15	To which item it meets	paragraph 20
Statement	1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.): According to the Special Purpose Trust Agreement enter into between CFC and Land Bank of Taiwan under the 2021 Financial Assets Securitization Plan, CFC shall purchase subordinated securities issued by the Special Purpose Trustee (Land Bank of Taiwan, hereinafter referred to as "SPT") under this agreement operates as the form of credit enhancement. 2.Date of occurrence of the event:2022/04/15 3.Amount, unit price, and total monetary amount of the transaction: The total is NT$1,174,652,608. 4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed): Counterpart:Land Bank of Taiwan Relationship to CFC:No 5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:N/A 6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:NA 7.Matters related to the current disposal of creditors' rights (including types of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party): NA 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):None 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: Upon receipt of lump sum payment from SPT upon the CFC's disposal of qualified creditor's rights., CFC shall use such proceeds for purchasing the subordinated securities issued by the SPT under the 2021 Special Purpose Trust Agreement. Purpose Trust Agreement. 10.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit: The transaction was decided in accordance with the 2021 Financial Assets Securitization Plan. The transaction pricing was decided in accordance with the fair value under the certified evaluation report. The decision-making department: CFC's Board of Directors. 11.Net worth per share of the Company's underlying securities acquired or disposed of:NA 12.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment:NA 13.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present: Current ratio of securities investment to the total assets is 72.47%. Current ratio of securities investment to the shareholder's equity is 85.09%. The operating capital as shown in the most recent financial statement is -NT$7,996,433 thousand. 14.Broker and broker's fee:None 15.Concrete purpose or use of the acquisition or disposal: For the purpose of diversification of the funding resources and aquisition of stable working capital, CFC may, according to the Special Purpose Trust Agreement, conduct financial assets transfer within the specified period for circulatory transfer of qualified creditor's rights to SPT on a regular basis.Purchase/Subscription of junior subordinated securities by CFC operates as the form of credit enhancement. 16.Any dissenting opinions of directors to the present transaction:NA 17.Whether the counterparty of the current transaction is a related party:NA 18.Date of the board of directors resolution:NA 19.Date of ratification by supervisors or approval by the Audit Committee:NA 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:NA 21.Name of the CPA firm:NA 22.Name of the CPA:NA 23.Practice certificate number of the CPA:NA 24.Whether the transaction involved in change of business model:NA 25.Details on change of business model:No 26.Details on transactions with the counterparty for the past year and the expected coming year:NA 27.Source of funds:NA 28.Any other matters that need to be specified:None