The Company provides guarantees for the bank credit agreement of Norley Corporation Inc., a wholly-owned subsidiary.

The Company provides guarantees for the bank credit agreement of Norley Corporation Inc., a wholly-owned subsidiary.

1.Date of occurrence of the event:2025/05/12
2.For the company for whom the endorsements/guarantees were made, please specify name of
 endorsed/guaranteed company, its relationship with the Company providing endorsements/guarantees,
 the ceiling on the endorsements/guarantees (thousand NTD), the original amount of
 endorsements/guarantees (thousand NTD), the amount of the current additional endorsements/guarantees
 (thousand NTD), the amount of endorsements/guarantees as of the date of occurrence (thousand NTD),
 the actual loaned amount of the company for whom endorsements/guarantees were made (thousand NTD),
 and the reason for the current additional endorsements/guarantees:
 Norley Corporation Inc.
 The ceiling on the endorsements/guarantees: NT$17,785,857.
 The original amount of endorsements/guarantees: NT$735,770.
 The amount of the current additional endorsements/guarantees:NT$10,684,660.
 The amount of endorsements/guarantees as of the date of occurrence of the event:NT$11,420,430.
 The actual loaned amount of the company: NT$159,950.
 The reason for the current additional endorsements/guarantees:Vessel acquisition and working capital.
3.For collaterals provided by the company for whom the endorsements/guarantees were made, the content and
 the value (thousand NTD):
 Maxson Shipping Inc., Ocean Grace Limited, Carmel Splendor Limited, Poseidon Marine Ltd., Steady Way
 Limited, Sharon Glory Limited, Helmsman Navigation Co. Ltd., Pacifica Maritime Limited, Everwin
 Maritime Limited, and Kenmore Shipping Inc., 100% owned by Norley Corporation Inc., act as joint
 guarantors and provide the vessels MV Tai Shan, MV Tien Shan, MV Sarah, MV Yue Shan, MV Rebekah,
 MV Wah Shan, MV Oceana, MV Elbhoff, MV Maxim and MV Kondor as collateral, with a book value of
 NT$ 12,080,406 thousand.
4.For the latest financial statements of the company for whom the endorsements/guarantees were made, the
 Capital (thousand NTD) and Cumulative gains/losses (thousand NTD):
 The Capital: NT$32,230
 Cumulative gains: NT$13,076,590.
5.For termination of endorsement/guarantee obligations, the condition and the date:The obligation of
 endorsement guarantee can only be released when the loan is repaid or the date of contract termination.
6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):NT$53,357,571.
7.The total amount of endorsements/guarantees as of the date of occurrence (thousand NTD):NT$18,425,041.
8.The amount of endorsements/guarantees as a percentage of the public company’s net worth on the latest
 financial report as of the date of occurrence:103.59%
9.The aggregate amount of equity method investments, endorsements/guarantees, and monetary loans
 extended to others as a percentage of the public company’s net worth on the latest financial
 statements:157.52%
10.Any other matters that need to be specified:In addition to acting as a joint guarantor, the Company also
 provides the vessel MV Palona as collateral, with a book value of NT$543,672 thousand.