2890 SinoPac Financial Holdings

Disclosure Date: 1150623 Statement Date: 1150622 Statement Time: 152623 Company Code: 2890 Company Name: SinoPac Financial Holdings Subject: SinoPac Financial Holdings announces the transfer of joint credit assets by its subsidiary, SinoPac Commercial Bank Applicable Clause: Clause 20 Factual Date: 1150622 Details: 1. Name and nature of the subject matter (if preferred shares, specify issuance conditions such as dividend rate): Transfer of credit assets under a syndicated loan facility. 2. Factual date: 115/6/22 ~ 115/6/22 3. Board approval date: Not applicable 4. Other approval dates: Approval level: Approved by the Chairman June 22, 115 (Minguo calendar) 5. Number of units, unit price, and total transaction amount: NT$800,000,000. 6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, name disclosure may be omitted): (1) Counterparty: Taishin Commercial Bank Co., Ltd. and Rakuten International Commercial Bank Co., Ltd. (2) Relationship with the company: Unrelated party. 7. If the counterparty is a related party, state the reason for selecting such party, the previous owner, the relationship among the previous owner, the company, and the counterparty, the previous transfer date, and amount: Not applicable. 8. If the ownership of the subject matter was held by a related party of the company within the past five years, state the date of acquisition and disposal, price, and the relationship with the company at the time of transaction: Not applicable. 9. Matters related to the disposal of receivables (including types of collateral attached to the disposed receivables; if the disposed receivables are related to a related party, state the name and book value of such receivables): Not applicable. 10. Gain (or loss) from disposal (not applicable for acquisition of securities) (if deferred, provide a table showing recognition): None. 11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements: In accordance with the relevant provisions of the syndicated loan agreement. 12. Decision-making method for this transaction, reference basis for pricing, and decision-making unit: Handled in accordance with the bank's tiered responsibility management regulations, with terms based on the syndicated loan agreement and standard market practices. 13. Net asset value per share of the securities-issuing company acquired or disposed: Not applicable. 14. Cumulative holdings (including this transaction) of the securities involved, including quantity, amount, ownership percentage, and any restricted rights (e.g., pledge status) to date: Not applicable. 15. Cumulative investment in securities listed under Article 3 of the 'Rules for Acquisition or Disposal of Assets by Publicly Issued Companies' (including this transaction), as a percentage of total assets and equity attributable to owners of the parent in the company's most recent financial statements, and the amount of working capital in the most recent financial statements: Not applicable. 16. Broker and brokerage fees: Not applicable. 17. Specific purpose or use of the acquisition or disposal: To reduce credit exposure. 18. Dissenting opinions from directors regarding this transaction: Not applicable. 19. Is this transaction a related-party transaction? No 20. Date of auditor or audit committee approval: Not applicable. 21. Did the accountant issue a non-reasonableness opinion on this transaction? Not applicable 22. Name of accounting firm: Not applicable. 23. Name of accountant: Not applicable. 24. Accountant's license number: Not applicable. 25. Does this involve a change in business model? No 26. Explanation of business model change: Not applicable. 27. Transaction history with the counterparty in the past year and expected in the next year: Not applicable. 28. Source of funds: Not applicable. 29. Previous material information disclosure date for the same event: Not applicable 30. Other explanatory matters: None.