Board of Directors approved the issuance of domestic 6th Unsecured Convertible Bonds

1.Date of the board of directors resolution:2024/07/31
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:Elite Material Corporation domestic 6th Unsecured
Convertible Bonds (“Bonds”)
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:The total amount of the Bonds to be issued is capped
at NT$ 3,000,000,000.
5.Face value per bond:NT$ 100,000
6.Issue price:103% of the face value
7.Issuance period:5 years
8.Coupon rate:Coupon rate 0%
9.Types, names, monetary values and stipulations of collaterals:N/A
10.Use of the funds raised by the offering and utilization plan:
For the purpose of bank loans repayment, and replenishing operating capital
11.Underwriting method:Inquiry and circle purchase for public sales
12.Trustees of the corporate bonds:Authorize the chairman full power
to determine.
13.Underwriter or agent:KGI Securities
14.Guarantor(s) for the issuance:N/A
15.Agent for payment of the principal and interest:Oriental Securities.
16.Certifying institution:N/A (Issued without physical securities)
17.Where convertible into shares, the rules for conversion:Related rules will
comply with the related law and be announced separately after registration
and get approval from the competent authority.
18.Sell-back conditions:Related rules will comply with the related law
and be announced separately after registration and get approval from
the competent authority.
19.Buyback conditions:Related rules will comply with the related law and
be announced separately after registration and get approval from the
competent authority.
20.Reference date for any additional share exchange, stock swap, or
subscription:Related rules will comply with the related law and be
announced separately after registration and get approval from the competent
authority.
21.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription: Related rules will comply with the related law
and be announced separately after registration and get approval from the
competent authority.
22.Any other matters that need to be specified:
(1)If any amendments are necessary according to changes in laws and
regulations,amendments by the competent authority, or due to market
conditions change needs
that require amendments or adjustments, it is proposed to authorize
the chairmanfull power, within the scope of the capped total amount
of the plan of the issuance of the domestic 6th Unsecured Conversion
Bonds, to handle major contents of the plan, including the issuing
time, the amount of the issuance,the issuance price, the issuance
period, the issuance rate, the issuance and conversion procedures of
the domestic 6th Unsecured Convertible Bonds, the issuance and
underwriting method, and the total fund required for the plan,
sources of resources, planned projects, utilization of resources,
expected effects and other related matters.
(2)In order to cooperate with the issuance of the Bonds, it is
proposed to authorize the chairman, on behalf of the Company, to
sign all contracts and documents necessary for the issuance and
conversion of the Bonds and to handle related issues.