Summary of the Amendments to the Regulations Governing Employment Enhancement of Unemployed Middle-Aged Persons and Elderly Persons Article 12

The maximum business start-up loan amountwith interest subsidizationshall be determined in accordance with the following rules:1. The amount is Two Million New Taiwan Dollars (NT$2,000,000) for a business belonging to the categories listed in Subparagraph 1 or 2, Paragraph 2 of Article 10.2. The amount is Five Hundred Thousand New Taiwan Dollars (NT$500,000)for a business belonging to the category listed in Subparagraph 3, Paragraph 2 of Article 10.The interest on the loan for the first two years will be fully subsidized by the central competent authority.If the borrower meets the requirements set forth in Paragraph 3of Article 10, the central competent authority will fully subsidize the interest on the loan for the first three years. From the fourth year onwards, when the annual interest rate exceeds 1.5%, the excess interest amount will be subsidized by the central competent authority. However, when the annual interest rate is 1.5% or lower, the borrower shall pay the interest in full.The period of interest subsidization in the preceding paragraph shall not exceed seven years.