8996 Kao Li

Release Date: July 3, 115 Statement Date: July 2, 115 Statement Time: 14:50:32 Company Code: 8996 Company Name: Kao Li Subject: Announcement regarding Kao Li Co., Ltd. exercising redemption rights for its fourth domestic unsecured convertible bond (short name: Kao Li IV, code: 89964) and the termination of over-the-counter trading on August 28, 115. Applicable Clause: Clause 51 Event Date: July 2, 115 Details: In accordance with Article 18, Paragraph 2 of the issuance and conversion regulations of Kao Li IV. The issuer will exercise its bond redemption right from July 27, 115 to August 27, 115, at a redemption price of 100.0000% of the bond's face value. (1) If the outstanding balance of this convertible bond falls below 10% of the original total issuance amount during the period from the day after the third month following the issuance date (March 7, ROC 113) to 40 days before the maturity date (October 27, ROC 117), the company may, at any time thereafter, send a registered 'Bond Redemption Notice' with a 30-day redemption period to bondholders (the redemption period starts from the mailing date, with the expiry date as the redemption benchmark date, and shall not fall within the conversion suspension period specified in Article 9). The bondholder list shall be based on the register five business days prior to the mailing date. For those who acquire the bond after this date through trading or other means, notice will be made by public announcement. The redemption shall be settled in cash at face value. The company shall complete the redemption of all outstanding convertible bonds within five business days after the redemption benchmark date, paying cash at face value. (2) Suspension of transfer period for convertible bonds: Not applicable (3) Notice and redemption acceptance period: July 27, 115 to August 27, 115 (4) Convertible bond redemption benchmark date: August 27, 115 (5) Termination date of over-the-counter trading for convertible bonds: August 28, 115 (6) Date of registered mailing of bond redemption notice: July 24, 115 (7) Bond redemption procedures (1) For bonds deposited with the Taiwan Depository & Clearing Corporation: Bondholders may proceed with redemption through their brokerage firms from the start date of the redemption notice (July 27, 115) to the business day before the expiry date (August 27, 115). (8) Bondholders who do not wish to have their bonds redeemed and intend to convert the convertible bonds into ordinary shares must complete the conversion procedure with their brokerage firm by August 31, 115 at the latest. (9) Company share agency (including address and phone number): Mega Securities Co., Ltd. Share Agency Division, Address: 1F, No. 95, Sec. 2, Zhongxiao E. Rd., Taipei City 100, Taiwan, Phone: (02)3393-0898. Warning: Investors eligible for conversion must submit a written conversion request by August 31, 115; otherwise, the company will redeem all bonds in cash at face value.