Taiwan Mobile : “TWM”) announces to subscribe to LINE Bank Taiwan Limited's common shares via private placement

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Provided by: TAIWAN MOBILE CO., LTD.
SEQ_NO	1	Date of announcement	2022/06/16	Time of announcement	23:34:13
Subject	Taiwan Mobile Co., Ltd. ("TWM") announces to subscribe to LINE Bank Taiwan Limited's common shares via private placement
Date of events	2022/06/16	To which item it meets	paragraph 24
Statement	1.Name and nature of the underlying security (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield): Common shares of LINE Bank Taiwan Limited 2.Date of occurrence of the event:2022/06/16 3.No., unit price, and monetary amount of the transaction: Volume: 37,500,000 common shares Unit Price: NT$10 per share Total monetary amount: NTD 375,000,000 4.Counterparty to the trade and its relationship to the company (if the trading counterparty is a natural person and not a related party of the company, its name is not required to be disclosed): Trading counterparties: LINE Bank Taiwan Limited Relationship: non-related party 5.Where the counterparty to the trade is a related party, an announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, including its relationship with the company and the trading counterparty, the price of the ownership transfer, and date of transfer:Not applicable 6.Where the owner of the underlying securities within the past five years has been a related party of the company, an announcement shall also include the dates and prices of acquisition and disposal by the related party and its relationship with the company at the time: TWM is an original shareholder of LINE Bank. When LINE Bank was established on 2020/03/09, TWM acquired 5% stake for NT$500,000,000. 7.Matters related to the creditor's rights currently being disposed of (including type of collateral of the disposed creditor's rights; if the creditor's rights are creditor's rights over a related party, the name of the related party and the book amount of such creditor's rights currently being disposed of must also be announced):Not applicable 8.Profit (or loss) from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained):Not applicable 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations: In accordance with the private placement subscription agreement 10.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: Board resolution of Taiwan Mobile Co., Ltd. 11.Net worth per share of company of the underlying securities acquired or disposed of:NT$7.92 (As of 2021/12/31) 12.The discrepancy between the reference price of private placement company and the transaction amount per share is 20 percent or more:Not applicable 13.Current cumulative no., amount, and shareholding ratio of the securities being traded (including the current transaction) as of the date of occurrence and status of any restriction of rights (e.g.,pledges): (1) Cumulative no. of the shares: 87,500,000 shares (2) Monetary amount: NT$875,000,000 (3) Shareholding percentage: 5% after the private placement (4) Status of any restriction of rights: NIL 14.Privately placed securities (including the current transaction) as a percentage of total assets of the company and shareholder's equity of the parent company on the latest financial statements, and the operating capital on the latest financial statements as of the date of occurrence: (1) Percentage of total assets: ~0.22% (2) Percentage of shareholder's equity of the parent company on the latest financial statements: ~0.55% (3) Amount of working capital on the latest financial statement: -NT$35,483,914,000 15.Broker and broker's fee:None 16.Concrete purpose or use of the acquisition or disposition: For the company's strategic development 17.Whether the directors expressed any objection to the present transaction: None 18.Whether the trading counterparty is a related party:No 19.Date of approval by board of directors:N.A. 20.Recognition date by supervisors or approval date by audit committee:N.A. 21.Whether the CPA issued an opinion on the unreasonableness of the current transaction:N.A. 22.Name of the CPA firm:N.A. 23.Name of the CPA:N.A. 24.License no.of the CPA:N.A. 25.Any other matters that need to be specified:N.A.