Hua Nan Financial : Announcement on behalf of subsidiary HNSC the acquisition of HNCB the 1st issue of unsecured perpetual non-cumulative subordinated financial bonds in 2022

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Provided by: HUA NAN FINANCIAL HOLDINGS CO.,LTD.
SEQ_NO	8	Date of announcement	2022/07/25	Time of announcement	17:51:03
Subject	Announcement on behalf of subsidiary HNSC the acquisition of HNCB the 1st issue of unsecured perpetual non-cumulative subordinated financial bonds in 2022
Date of events	2022/07/25	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.):Hua Nan Commercial Bank the 1st issue of unsecured perpetual non-cumulative subordinated financial bonds in 2022 2.Date of occurrence of the event:2022/07/25 3.Amount, unit price, and total monetary amount of the transaction: (1)Volume:271 units (2)Unit price:NTD 10,000,000 par value (3)Total monetary amount:NTD 2,710,000,000 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): (1)Counterpart to the trade:Hua Nan Commercial Bank (2)Relationship to the Company:A related party of the company based on the International Accounting Standards and as defined by the Article 45 of the Financial Holding Company Act 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: (1)The related party as trading counterpart:An indicative issuer of domestic financial bonds (2)The identity of the previous owner (including its relationship with the company and the trading counterpart), the price of transfer, and the date of the acquisition:NA 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):NA 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:Pay off by remittance on settlement date 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: (1)The manner in which the current transaction was decided:Quote (2)The reference basis for the decision on price:Market value of the bond (3)The decision-making department: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: (1)Volume:271 units (2)Amount:NTD 2,710,000,000 (3)Shareholding percentage of holdings of the security being traded:NA (4)Status of any restriction of rights:None 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: (1)To the total assets:35.93% (2)To the shareholder's equity:208.85% (3)Operating capital as shown in the most recent financial statement: NTD 9,887,106,000 14.Broker and broker's fee:NA 15.Concrete purpose or use of the acquisition or disposal: Regular business and service 16.Any dissenting opinions of directors to the present transaction:No 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the board of directors resolution:2022/07/12 19.Date of ratification by supervisors or approval by the Audit Committee:2022/07/12 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:No 21.Name of the CPA firm:Stonerise CPA Firm 22.Name of the CPA:Hsiu-Yin Lin 23.Practice certificate number of the CPA: Financial Supervisory Commission, R.O.C. (Taiwan) Certificate No.7397 24.Whether the transaction involved in change of business model:No 25.Details on change of business model:NA 26.Details on transactions with the counterparty for the past year and the expected coming year:None 27.Source of funds:Working Capital 28.Any other matters that need to be specified:None