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    Announcement of Taiflex entering into a Syndicated Loan Agreement with a group of banks.

    Date:2020/07/31

    1.Date of occurrence of the event:2020/07/31
    2.Counterparty to the contract or commitment:Bank of Taiwan,
    Taishin International Bank Co. Ltd., Taipei Fubon Bank, Land Bank of Taiwan,
    Chang Hwa Commercial Bank, E.SUN Commercial Bank, Ltd.,
    Yuanta Commercial Bank Co., Ltd. and
    The Shanghai Commercial & Savings Bank, Ltd.
    3.Relationship with the Company:None
    4.Starting and ending dates (or rescission date) of the
    contract or commitment:
    The starting date of the contract will be the date of the first drawdown
    and the end date will be 5 years after.
    5.Major content (not applicable where rescinded):NTD 2.5 billion or
    the equivalent USD of syndicated loan.
    6.Restrictive covenants (not applicable where rescinded):According to
    syndicated loan contracts.
    7.Commitment (not applicable where rescinded):According to
    syndicated loan contracts.
    8.Any other important agreement (not applicable where rescinded):According to
    syndicated loan contracts.
    9.Effect on company finances and business (not applicable where rescinded):
    To enrich the Company's mid-ling term working capital.
    10.Concrete purpose/objective (not applicable where rescinded):
    To support future operating growth capital for the company's
    long-term operation and development needs.
    11.Any other matters that need to be specified:None.

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