First Financial: ANNOUNCEMENT ON BEHALF OF THE SUBSIDIARY FCB ISSUANCE OF NT $ 10 BILLION FINANCIAL BONDS.

Provided by: First Financial Holding Co. Ltd.

SEQ_NO

3

Announcement date

2021/11/26

Announcement time

14:04:04

Topic

 ANNOUNCEMENT ON BEHALF OF SUBSIDIARY FCB
ISSUANCE OF THE FINANCIAL BONDS NT$ 10 BILLION.

Date of events

2021/11/26

What element he responds to

paragraph 11

Declaration

1.Date of the board of directors resolution:NA
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:
FIRST BANK 2ND ISSUE OF PERPETUAL NON-CUMULATIVE
SUBORDINATED,UNSECURED OF THE FINANCIAL BONDS 2021.
3.Total amount issued:NT$ 10 BILLION.
4.Face value per bond:NT$ 10 MILLION.
5.Issue price:PAR.
6.Issuance period:ISSUE DATE DEC 22, 2021. NO MATURITY DATE.
7.Coupon rate:ISSUE COUPON 1.40%.
8.Types, names, monetary values and stipulations of collaterals:NA
9.Use of the funds raised by the offering and utilization plan:
STABILIZE THE BIS RATIO,ENHANCE THE LONG TERM CAPITAL AND PREPARE
FOR FUTURE BUSINESS DEVELOPMENT.
10.Underwriting method:ENGAGED CONSULTANT.
11.Trustees of the corporate bonds:NA
12.Underwriter or agent:YUANTA SECURITIES CO.AND KGI SECURITIES CO.
13.Guarantor(s) for the issuance:NA
14.Agent for payment of the principal and interest:
FCB BRANCHES.
15.Certifying institution:NA
16.Where convertible into shares, the rules for conversion:NA
17.Sell-back conditions:NA
18.Buyback conditions:
AFTER 5 YEARS AND 7 MONTH OF ISSUANCE, ACCORDING TO SUBPARAGRAPH 5 OF
PARAGRAPH 2 OF ARTICLE 10 OF ��REGULATIONS GOVERNING THE CAPITAL ADEQUACY
AND CAPITAL CATEGORY OF BANKS��, SUBJECT TO THE PRIOR APPROVAL OF THE
COMPETENT AUTHORITY AND ONE OF THE FOLLOWING CONDITIONS, THE DEBTS MAY BE
REDEEMED BEFORE MATURITY.FIRST BANK WILL ANNOUNCE THE REDEMPTION 30 DAYS
BEFORE THE SCHEDULED REDEMPTION DATE AND REDEEM THE DEBTS IN WHOLE AT FACE
VALUE PLUS INTEREST PAYABLE.
A. THE CAPITAL ADEQUACY RATIO OF THE BANK AFTER BEING REDEEMED SHALL MEET
THE MINIMUM REGULATORY CAPITAL ADEQUACY RATIO.
B. REPLACE THE ORIGINAL CAPITAL INSTRUMENT WITH A CAPITAL INSTRUMENT WITH
EQUIVALENT OR HIGHER QUALITY.
19.Reference date for any additional share exchange, stock swap, or
subscription:NA
20.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription:NA
21.Any other matters that need to be specified:
SUPPLEMENTARY ANNOUNCEMENT OF THE BOARD OF DIRECTORS RESOLUTION 2021/5/12.