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Announcement of lending funds to HTC Luxembourg S.a r.l. on behalf of HTC America Inc.
1.Date of occurrence of the event:2011/10/28
2.Name of the company to which the loans have been extended, its relationship to the Company, ceiling on the loan amounts, amount of loans originally extended, amount of the current additional loans, reason for the current additional loans:
(1)Name of the company to which the loans have been extended:HTC Luxembourg S.a r.l.
(2)Its relationship to the Company:Indirectly wholly owned overseas subsidiaries of HTC.
(3)Ceiling on the loan amounts:NTD 8,471,419 thousand (USD 281,840,434.17)
(4)Amount of loans originally extended:NTD 0 thousand (USD 0)
(5)Amount of the current additional loans:NTD 2,464,715 thousand (USD 82,000,000)
(6)Reason for the current additional loans:To meet HTC Luxembourg S.a r.l.’s operational needs.
3.Content of the collateral provided by the party to which the loans have been extended:N/A
4.Value of the collateral provided by the party to which the loans have been extended:N/A
5.Capital of the party to which the loans have been extended according to its latest financial report:NTD 526 thousand (EUR 12,500)
6.Accumulated profit/loss of the party to which the loans have been extended according to its latest financial report:Accumulated loss NTD 679 thousand (Accumulated loss EUR 16,128)
7.Method of calculation of interest:2.9% per annum
8.Conditions for repayment:Repayment will be in one payment
9.Date for repayment:The loan will repaid in three months but can be extended if necessary.
10.Balance of monetary loans extended to others as of the date of occurrence of the event:NTD 2,717,334 thousand (EUR 6,000,000 and USD 82,000,000)
11.The ratio of the amount of loans to the Company's net worth according to the latest financial report as of the date of occurrence of the event:2.99%
12.Source of the funds loaned by a subsidiary to another person:HTC America Inc.’s own funds.
13.Any other matters that need to be specified:None.