Apacer Announces Board Approval of Syndicated Loan Proposal

1. Date of Event: 115/07/23

2. Company Name: Apacer Technology Inc.

3. Relationship with Company (Please specify '本公司' or 'Subsidiary'):本公司

4. Cross-shareholding Ratio: Not applicable

5. Reason for Occurrence:

To repay existing financial liabilities and strengthen mid-term operational funding, the board of directors of Apacer Technology Inc. has resolved to appoint a syndicated banking group to arrange a syndicated loan facility. The total loan term shall not exceed five years, with a total amount of NT$4 billion. The total amount and individual sub-limits may be adjusted within a 25% range based on actual syndication conditions. Final loan terms and amounts shall be subject to the formal signed agreement.

6. Countermeasures: Not applicable

7. Other Matters to be Disclosed (If the subject of the event or resolution is a publicly listed company or above, this material information also meets the criteria under Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholders' rights or securities prices):

The board has authorized the Chairman to fully handle all matters related to the application and signing of this syndicated loan based on actual circumstances. However, if the actual syndicated loan amount exceeds the total upper limit approved by this board resolution, it will be separately reported to the board for review.