Chang Hwa Commercial Bank : Announces transfer of performing loan assets

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Provided by: CHANG HWA COMMERCIAL BANK, LTD.
SEQ_NO	1	Date of announcement	2022/04/14	Time of announcement	16:50:20
Subject	Announces transfer of performing loan assets
Date of events	2022/04/14	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.):Performing syndicated loan asset transfer. 2.Date of occurrence of the event:2022/04/14~2022/04/14 3.Amount, unit price, and total monetary amount of the transaction: Volume: Not applicable Unit Price: Not applicable Total Amount: USD19,687,500.00 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):JPMorgan Chase Bank, N.A. / Not a related party 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:Not applicable 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:Not applicable 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):Not applicable 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):The loss of USD73,828.13. 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:Terms are in accordance with the customary of open market. 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: Approval in accordance with internal authorization procedures; related terms and conditions are in accordance with the Facility agreement and common market practices. 11.Net worth per share of the Company's underlying securities acquired or disposed of:Not applicable 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:Not applicable 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:Not applicable 14.Broker and broker's fee:Not applicable 15.Concrete purpose or use of the acquisition or disposal: To dispose of credit assets 16.Any dissenting opinions of directors to the present transaction:None 17.Whether the counterparty of the current transaction is a related party:None 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:Not applicable 21.Name of the CPA firm:Not applicable 22.Name of the CPA:Not applicable 23.Practice certificate number of the CPA:Not applicable 24.Whether the transaction involved in change of business model:Not applicable 25.Details on change of business model:Not applicable 26.Details on transactions with the counterparty for the past year and the expected coming year:None 27.Source of funds:Not applicable 28.Any other matters that need to be specified:exchange rate USD1=NTD29.076 (fixed on the previous business day of this announcement)