2243 Horng Hsu-KY Announces Substantial Interest-Free Loan to Subsidiary

Disclosure Date: 1150723 Statement Date: 1150722 Statement Time: 204928 Company Code: 2243 Company Name: Horng Hsu-KY Subject: The Company announces that the newly added amount of funds lent has reached the announcement criteria specified in Article 22, Paragraph 1, Subparagraphs 2 and 3 of the 'Regulations Governing the Lending of Funds and Provision of Guarantees by Publicly Issued Companies'. Applicable Clause: Clause 23 Factual Date: 1150722 Details: 1. Factual Date: 115/07/22 2. Recipient of Funds Lent: (1) Company Name: HORNG SHIUE INDUSTRIAL CO., LTD. (2) Relationship with the Lending Company: Parent-Subsidiary (3) Lending Limit (in thousand NTD): 355,458 (4) Previous Outstanding Balance of Funds Lent (in thousand NTD): 0 (5) Amount of Newly Added Funds Lent This Time (in thousand NTD): 300,000 (6) Whether the funds lent are authorized by the Board of Directors for the Chairman to disburse in installments or on a revolving basis to the same recipient: No (7) Outstanding Balance of Funds Lent as of the Factual Date (in thousand NTD): 300,000 (8) Reason for the Newly Added Funds Lent: Lending funds to the subsidiary to pay for the subsidiary's cash purchase of shares in Zenji Technology Corp. 3. Collateral Provided by the Recipient Company: (1) Description: None (2) Value (in thousand NTD): 0 4. Latest Financial Statements of the Recipient Company: (1) Capital (in thousand NTD): 1,149,466 (2) Accumulated Profits and Losses (in thousand NTD): -151,372 5. Interest Calculation Method: 0% 6. Repayment Terms: (1) Conditions: Within a period not exceeding five years (2) Date: Within a period not exceeding five years 7. Outstanding Balance of Funds Lent as of the Factual Date (in thousand NTD): 300,000 8. Ratio of Outstanding Funds Lent to the Net Value of the Publicly Issued Company's Latest Financial Statements as of the Factual Date: 33.76 9. Source of Funds Lent by the Company: Others 10. Other Matters to be Disclosed: Private placement of common shares by the Company in the 115th fiscal year