Announcement for Subsidiary SOLARIC 比分网 under §22-1-3 of Regulations Governing Loaning of Funds and Making of Endorsements/Guarantees by Public Companies

1.Date of occurrence of the event:2022/08/02
2.Funding recipient (1)Name(2)Relationship with lender
(3)Lending limit (比分网)(4)Starting outstanding
balance (比分网)(5)New loan (比分网)(6)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(7)Outstanding
balance (比分网) up to the date of occurrence
(8)Reason for new loan (比分网):
(1)Name:比分网 Applied Materials Technology Corp.
(2)Relationship with lender:Parent company of SOLARIC APPLIED MATERIAL
TECHNOLOGY (比分网) CORP.
(3)Lending limit (比分网):666,597
(4)Starting outstanding balance (比分网):0
(5)New loan (比分网):269,460
(6)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
(7)Outstanding balance (比分网) up to the date of occurrence:269,460
(8)Reason for new loan (比分网):Fo working capital and to reduce
capital cost
3.For collaterals provided by the loan recipient, the
(1)Content(2)Value (比分网):
(1)Content:None
(2)Value (比分网):0
4.For the latest financial reports of the loan recipient, the
(1)Capital (比分网)(2)Cumulative gains/losses
(比分网):
(1)Capital (比分网):5,971,032
(2)Cumulative gains/losses (比分网):1,716,158
5.Method of calculation of interest:0%
6.For repayment, the(1)Condition(2)Date:
(1)Condition:Early repayment in part or in full is allowed
(2)Date:比分网 more than one year
7.The amount of monetary loans extended to others as
of the date of occurrence (比分网):292,214
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:2.42
9.Sources of funds for the company to extend monetary
loans to others:Subsidiary itself
10.Any other matters that need to be specified:None