3515 ASRock Announces Guarantee Limit Improvement Plan

Disclosure Date: 1150807 Statement Date: 1150806 Statement Time: 150409 Company Code: 3515 Company Name: ASRock Subject: Announcement of the Company's Improvement Plan for Excessive Endorsement Guarantees Applicable Clause: Clause 51 Event Date: 1150806 Details: 1. Event Date: 115/08/06 2. Company Name: ASRock Technology Co., Ltd. 3. Relationship with Company (enter 'Company' or 'Subsidiary'): Company 4. Cross-shareholding Ratio: Not applicable 5. Reason: As the Company's shareholding in its subsidiary Yung Chin Electronics Inc. is below fifty percent, an improvement plan has been established in accordance with Article 20 of the Rules for Lending Funds and Endorsement Guarantees by Publicly Issued Companies, and will be implemented accordingly. 6. Response Measures: 1. The subsidiary Yung Chin has applied to banks for secured letters of credit; related procedures are expected to be completed by the end of this year. 2. After Yung Chin obtains the secured letter of credit issued by the bank, the Company will submit to the Board of Directors for approval to cancel the endorsement guarantee limit for Yung Chin, and make a material information announcement as required. 7. Other Matters to be Disclosed (if the entity involved in the event or resolution is a publicly issued company or above, this material information also meets the criteria under Item 9, Article 7 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholders' rights or securities prices): None Keywords: