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On behalf of the parent company, LCY Chemical Corp., in accordance with Article 25-1-4 of the Regulations.

2024-05-23

1.Date of occurrence of the event: 2024/05/23

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:

(1)Name of endorsed/guaranteed company: LCY Investments Corp.

(2)Relationship with the Company providing endorsements/guarantees:

  a 100%-owned subsidiary of the parent company, LCY Chemical Corp.

(3)The ceiling on the endorsements/guarantees (thousand NTD):71,912,730

(4)The original amount of endorsements/guarantees (thousand NTD):0

(5)The amount of the current additional endorsements/guarantees (thousand

  NTD) :645,500

(6)The amount of endorsements/guarantees as of the date of occurrence

  (thousand NTD) :645,500

(7)The actual loaned amount of the company for whom endorsements/guarantees

  were made (thousand NTD) :0

(8)The reason for the current additional endorsements/guarantees:

  LCY Chemical Corp. provides an endorsement guarantee to its subsidiary LCY

  Investments Corp. for applying for a credit line from the bank.

3.For collaterals provided by the company for whom the

endorsements/guarantees were made, the content and the value (thousand NTD):NA

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):

Capital (thousand NTD): 71

Cumulative gains/losses (thousand NTD):29,727,954

5.For termination of endorsement/guarantee obligations, the condition and

the date:

Condition: When the guaranteed company's credit line expires and the loan is

  fully repaid, the endorsement guarantee will be terminated.

Date: On the date when the credit line expires and the loan is fully repaid.

6.The total amount of the ceiling on endorsements/guarantees (thousand NTD):

 71,912,730

7.The total amount of endorsements/guarantees as of the date of occurrence

(thousand NTD): 71,912,730

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: 3261.39%

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:43.02%

10.Any other matters that need to be specified:

LCY Chemical Corp. is no longer subject to the guidelines for endorsement and

guarantee handling applicable to publicly listed companies. Guarantee are

governed by the company's articles of association.