Post Date 2020.02.21From：Far EasTone
1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield):
3.5GHz spectrum 3340-3420MHz and 28GHz spectrum 28500-28900MHz.
2.Date of occurrence of the event:2020/02/21
3.Volume, unit price, and total monetary amount of the transaction:
3.5GHz spectrum, 3340-3420MHz, transaction amount: NT$ 2,030 million
28GHz spectrum, 28500-28900MHz, transaction amount: NT$ 0 million
Above 2nd stage location bid transaction amount is NT$ 2,030 million
Total transaction amount of 1st quantity stage and 2nd location stage
bid is NT$ 43,042 million
4.Counterparty to the trade and its relationship to the Company (if the trading counterpart is a natural person and furthermore is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):
National Communications Commission; None
5.Where the counterpart to the trade is an actual related party, a public announcement shall also be made of the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer, and date of acquisition: Not applicable.
6.Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person’s relationship to the company at those times:Not applicable.
7.Matters related to the creditor's rights currently being disposed of (including types of collateral of the disposed creditor's rights; if the creditor's rights are creditor's rights toward a related person, the name of the related person and the book amount of the creditor's rights toward such related person currently being disposed of must also be announced):Not applicable.
8.Anticipated profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained):Not applicable.
9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:One-time payment within 30 days after auction result announced by National Communications Commission.
10.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:
The manner in which the current transaction was decided: Public auction
The reference basis for the decision on price: Not applicable
Decision making: The Board was also to authorize the Chairman or any other his designated person to execute the bidding process on behalf of the Company. The auction results will be updated to the Board in the near future.
11.Net worth per share of the underlying securities acquired or disposed of:Not applicable.
12.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges): Not applicable.
13.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement: Not applicable.
14.Broker and broker's fee:Not applicable.
15.Concrete purpose or use of the acquisition or disposal:In order to continue providing consumers the wider bandwidth and more high-speed network services to facilitate the response to future market demand and competition in upcoming 5G new telecom generation.
16.Do the directors have any objection to the present transaction?:No
17.Is it a related party transaction?:No
18.Date of the board of directors’resolution:2019/08/02~2019/11/06
19.Date of the recognition of the supervisors or the board of independent directors’resolution:2019/08/02~2019/11/06
20.Has the CPA issued an opinion on the unreasonableness of the price of the current transaction?:Not applicable.
21.Name of the CPA firm:Not applicable.
22.Name of the certifying CPA:Not applicable.
23.The practice certificate number of the CPA:Not applicable.
24.Is it related to new business model?:No
25.Explanation of new business model:Not applicable.
26.Transactions with the counterparty for the past one year and the next year:None
27.Source of funds:Working capital, bank loan or financing from capital market
28.Any other matters that need to be specified:None