Phihong Technology: To report new loans reaches NT$10 million and 2% of the company’s net worth in the latest financial statements.

Statement

1.Date of occurrence of the event:2022/08/04
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
(1)
funding recipient name:Zerova Technologies SG Pte. Ltd.
relationship with lender:a 100%, directly or indirectly ,owned subsidiary of
the Company.
lending limit (thousand NTD):1,206,254
starting outstanding balance (thousand NTD):0
new loan (thousand NTD):523,775
is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate: Yes
outstanding balance (thousand NTD) up to the date of occurrence:
523,775
reason for new loan: Intercompany fund transfer

(2)
funding recipient name:Zerova Technologies (Dongguan) Co., Ltd.
relationship with lender:a 100%, directly or indirectly ,owned subsidiary of
the Company.
lending limit (thousand NTD):1,206,254
starting outstanding balance (thousand NTD):0
new loan (thousand NTD):448,950
is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate: Yes
outstanding balance (thousand NTD) up to the date of occurrence:
448,950
reason for new loan: Intercompany fund transfer

(3)
funding recipient name:Zerova Trading Services (Dongguan) Co., Ltd.
relationship with lender: a 100%, directly or indirectly ,owned subsidiary of
the Company.
lending limit (thousand NTD):1,206,254
starting outstanding balance (thousand NTD):0
new loan (thousand NTD):149,650
is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate: Yes
outstanding balance (thousand NTD) up to the date of occurrence:
149,650
reason for new loan: Intercompany fund transfer

(4)
funding recipient name:Zerova Technologies USA LLC
relationship with lender:a 100%, directly or indirectly ,owned subsidiary of
the Company.
lending limit (thousand NTD):1,206,254
starting outstanding balance (thousand NTD):0
new loan (thousand NTD):149,650
is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate: Yes
outstanding balance (thousand NTD) up to the date of occurrence:
149,650
reason for new loan: Intercompany fund transfer

(5)
funding recipient name:Zerova Technologies Europe B.V.
relationship with lender: a 100%, directly or indirectly ,owned subsidiary of
the Company.
lending limit (thousand NTD):1,206,254
starting outstanding balance (thousand NTD):0
new loan (thousand NTD):149,650
is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate: Yes
outstanding balance (thousand NTD) up to the date of occurrence:
149,650
reason for new loan: Intercompany fund transfer
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):
 collaterals:N/A
 value :N/A
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
the capital(thousand NTD):0
the cumulative gains/losses(thousand NTD):0
5.Method of calculation of interest:the annual interest rate is 3%.
6.For repayment, the condition and the date:
(1)Condition:One-time repayment of principal and interest at maturity,
or early repayment and revolving within one year.
(2)Date:One year
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):3,139,275
8.The total amount of monetary loans extended to others as a percentage of
the public company's net worth on the latest financial statements as of the
date of occurrence:52.05%
9.Sources of funds for the company to extend monetary loans to others:
the Company
10.Any other matters that need to be specified:
(1)Zerova Technologies SG Pte. Ltd. has been set up on June 7,2022 and
has not injected the capital as of June 30,2022.
(2)Zerova Technologies (Dongguan) Co., Ltd. is still
in the process of set up.
(3)Zerova Trading Services (Dongguan) Co., Ltd.is still
in the process of set up.
(4)Zerova Technologies USA LLC has been set up on July 8,2022 and
has not injected the capital as of June 30,2022.
(5)Zerova Technologies Europe B.V. has been set up on June 22,2022 and
has not injected the capital as of June 30,2022.

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