SinoPac Financial Holdings Company Limited and Subsidiaries

Transcription

1 SinoPac Financial Holdings Company Limited and Subsidiaries Consolidated Financial Statements for the Years Ended December 31, 2010 and 2009 and Independent Auditors Report

2 INDEPENDENT AUDITORS REPORT The Board of Directors and the Stockholders SinoPac Financial Holdings Company Limited We have audited the accompanying consolidated balance sheets of SinoPac Financial Holdings Company Limited and its subsidiaries as of December 31, 2010 and 2009, and the related consolidated statements of income, changes in stockholders equity and cash flows for the years then ended. These consolidated financial statements are the responsibility of the Company s management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with the Rules Governing the Audit of Financial Statements by Certified Public Accountants, Rules Governing Auditing and Certification of Financial Statements of the Financial Industry by Certified Public Accountants and auditing standards generally accepted in the Republic of China. Those rules and standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatements. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the Company s management, as well as evaluating the overall consolidated financial statements presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of SinoPac Financial Holdings Company Limited and subsidiaries as of December 31, 2010 and 2009, and the results of its operations and its cash flows for the years then ended, in conformity with Criteria Governing the Preparation of Financial Reports by Financial Holding Companies, Guidelines Governing the Preparation of Financial Reports by Public Banks, Criteria Governing the Preparation of Financial Reports by Securities Issuers, Criteria Governing the Preparation of Financial Reports by Securities Firms, Criteria Governing the Preparation of Financial Reports by Futures Commission Merchants, the guidelines issued by the authority and accounting principles generally accepted in the Republic of China. March 14, 2011 Notice to Readers The accompanying consolidated financial statements are intended only to present the financial position, results of operations and cash flows in accordance with accounting principles and practices generally accepted in the Republic of China and not those of any other jurisdictions. The standards, procedures and practices to audit such consolidated financial statements are those generally accepted and applied in the Republic of China. For the convenience of readers, the auditors report and the accompanying consolidated financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language auditors report and consolidated financial statements shall prevail

3 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars, Except Par Value) % % Increase Increase ASSETS Amount Amount (Decrease) LIABILITIES AND STOCKHOLDERS EQUITY Amount Amount (Decrease) CASH AND CASH EQUIVALENTS (Note 3) $ 14,712,971 $ 22,273,131 (34 ) CALL LOANS AND DUE TO BANKS (Note 17) $ 64,798,201 $ 44,804, DUE FROM THE CENTRAL BANK AND OTHER BANKS (Note 4) 84,493,342 81,685,850 3 COMMERCIAL PAPER PAYABLE, NET (Notes 2 and 18) 18,562,392 10,187, FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (Notes 2, 5, 6, FINANCIAL LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS (Notes 2 33 and 34) 49,767,925 38,879, and 5) 12,235,710 10,793, SECURITIES PURCHASED UNDER AGREEMENTS TO RESELL (Notes 2 and 6) 8,516,598 4,057, SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Notes 2, 6 and 33) 19,620,768 15,062, RECEIVABLES, NET (Notes 2, 7, 8, 32 and 33) 65,145,372 68,355,474 (5 ) PAYABLES (Notes 2, 19, 32 and 33) 21,243,443 33,419,838 (36 ) DISCOUNTS AND LOANS, NET (Notes 2, 9, 33 and 34) 717,565, ,657,033 3 BONDS PAYABLE (Note 20) - 1,150,000 (100 ) AVAILABLE-FOR-SALE FINANCIAL ASSETS, NET (Notes 2, 6, 10, 33 and 34) 38,517,567 38,971,128 (1 ) DEPOSITS AND REMITTANCES (Notes 23 and 33) 943,357, ,540,540 9 HELD-TO-MATURITY INVESTMENTS, NET (Notes 2, 11 and 34) 200,564, ,824, SHORT-TERM BORROWINGS (Note 22) 8,714,260 5,442, EQUITY INVESTMENTS - EQUITY METHOD (Notes 2 and 12) 60,226 56,445 7 BANK DEBENTURES (Notes 2 and 24) 30,121,486 27,129, OTHER FINANCIAL ASSETS, NET (Notes 2 and 13) LONG-TERM BORROWINGS (Note 25) 7,262,744 5,613, Unquoted equity instruments 4,492,859 4,333,024 4 Non-active market debt instruments 82, ,486 (18) LIABILITY COMPONENT OF PREFERRED STOCKS (Notes 2 and 28) 129, ,060 - Others 20,391,024 21,234,798 (4) OTHER FINANCIAL LIABILITIES (Notes 2 and 26) 14,655,525 17,595,047 (17) Other financial assets, net 24,965,949 25,668,308 (3) OTHER LIABILITIES (Notes 2, 27, 31, 32 and 33) 3,437,883 3,878,313 (11) PROPERTIES, NET (Notes 2, 14 and 34) Land plus appreciation 6,600,066 6,641,020 (1) Total liabilities 1,144,139,002 1,043,745, Buildings 5,480,894 5,466,823 - Computer equipment 7,278,294 7,528,195 (3) STOCKHOLDERS EQUITY OF PARENT COMPANY Transportation equipment 22,622 21,508 5 Capital stock 19,381,876 19,657,546 (1) Common shares NT$10 par value, authorized 12,000,000 thousand Less: Accumulated depreciation 8,095,612 8,020,433 1 shares; issued 7,009,817 thousand shares in 2010 and 6,996,505 Less: Accumulated impairment losses 4,395 4,395 - thousand shares in ,098,167 69,965,051-11,281,869 11,632,718 (3) Advance receipts for common stock - 17,467 (100) Prepayments for equipment and construction in progress 398, , Capital surplus Additional paid-in capital 1,720,000 1,722,737 - Net properties 11,680,159 11,914,389 (2) Conversion rights 290, ,940 - Others 3,609 3,609 - INTANGIBLE ASSETS (Notes 2 and 15) 2,164,745 2,287,009 (5) Total capital surplus 2,014,549 2,017,286 - Retained earnings OTHER ASSETS (Notes 2, 16, 32, 33 and 34) 12,728,197 12,977,789 (2) Legal reserve 10,053,920 9,963,140 1 Special reserve 7, Unappropriated earnings 5,109, , Total retained earnings 15,171,066 10,870, Other items on stockholders equity Revaluation increment on land 1,030,154 1,030,154 - Cumulative translation adjustment (719,352) (168,698) 326 Unrealized gains (losses) on financial instruments 122,392 (125,169) 198 Unrealized gains (losses) on cash flow hedge (26,185) 22,130 (218) Net loss not recognized as pension cost (945,802) (766,159) 23 Total other items on stockholders equity (538,793) (7,742) 6,859 Total stockholders equity of parent company 86,744,989 82,863,003 5 TOTAL $ 1,230,883,991 $ 1,126,608,308 9 TOTAL $ 1,230,883,991 $ 1,126,608,308 9 The accompanying notes are an integral part of the consolidated financial statements

4 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars, Except Earnings Per Share) % Increase Amount Amount (Decrease) INTEREST REVENUE (Notes 2 and 33) $ 21,932,606 $ 22,328,077 (2) INTEREST EXPENSE (Note 33) 7,278,072 9,936,136 (27) NET INTEREST 14,654,534 12,391, NET REVENUES OTHER THAN INTEREST (Note 2) Commissions and fee revenues, net (Notes 29 and 33) 8,766,492 8,432,215 4 Gains from financial assets and liabilities at fair value through profit or loss (Note 5) 408,102 2,506,368 (84) Realized gains from available-for-sale financial assets (Notes 28 and 33) 115,600 9,981 1,058 Income from equity investments - equity method (Note 12) 6,507 6,725 (3) Impairment losses on assets (505,426) (394,262) 28 Foreign exchange gains, net 652, ,026 (10) Gains from unquoted equity instruments 357, , Gains from warrants issued 609,495 19,731 2,989 Recovery of bad debts 720, , Rental revenues (Note 33) 324, ,468 (24) Gain from disposal of properties and idle assets, net (Note 16) 27, ,958 (95) Contingency losses - (2,189,651) 100 Other net losses (Note 33) (120,519) (268,445) (55) Total net revenues 26,017,241 22,904, PROVISION FOR BAD DEBTS (Notes 2, 7 and 9) 5,055,966 6,222,662 (19) OPERATING EXPENSES (Notes 2, 30, 31 and 33) Personnel expenses 9,894,817 9,973,395 (1) Depreciation and amortization 867,989 1,035,275 (16) Others 4,819,693 4,736,308 2 Total operating expenses 15,582,499 15,744,978 (1) INCOME BEFORE INCOME TAX 5,378, , INCOME TAX EXPENSE (Notes 2 and 32) 269,440 33, CONSOLIDATED INCOME $ 5,109,336 $ 903, (Continued) - 3 -

5 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars, Except Earnings Per Share) % Increase Amount Amount (Decrease) ATTRIBUTABLE TO Stockholders of the parent company $ 5,109,336 $ 907, Minority interests - (4,360) 100 $ 5,109,336 $ 903, Pretax After Tax Pretax After Tax EARNINGS PER SHARE (Note 28) Basic $ 0.77 $ 0.73 $ 0.13 $ 0.13 Diluted $ 0.76 $ 0.72 $ 0.13 $ 0.13 The accompanying notes are an integral part of the consolidated financial statements. (Concluded) - 4 -

6 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars, Except Cash Dividend Per Share) Other Items on Stockholders Equity Retained Earnings (Notes 2 and 28) Unrealized Unrealized Issued and Outstanding Unappropriated Cumulative Gains (Losses) Gains (Losses) Net Loss Not Capital Stock (Note 28) Advance Capital Surplus (Notes 2 and 28) Earnings Revaluation Translation on Financial on Cash Flow Recognized as Total Shares in Receipts for Additional Conversion (Accumulated Increment on Adjustment Instruments Hedge Pension Cost Minority Stockholders' Thousands Amount Common Stock Paid-in Capital Rights Others Total Legal Reserve Special Reserve Deficit) Total Land (Note 2) (Note 2) (Notes 2 and 28) (Notes 2 and 28) (Note 2) Interests Equity BALANCE, JANUARY 1, ,988,018 $ 69,880,178 $ - $ 1,724,374 $ - $ 3,609 $ 1,727,983 $ 12,991,972 $ 1,671,766 $ (4,700,598 ) $ 9,963,140 $ 1,030,154 $ (13,709 ) $ (229,628 ) $ (69,621 ) $ (642,321 ) $ 41,837 $ 81,688,013 Appropriation of 2008 earnings Special reserve transferred to unappropriated earnings (1,671,766) 1,671, Legal reserve to offset deficit (3,028,832) - 3,028, Consolidated income for the year ended December 31, , , (4,360 ) 903,441 Unrealized revaluation gains or losses on financial instruments recognized from subsidiaries , ,459 Unrealized gains or losses on subsidiaries' cash flow hedge , ,751 Change in cumulative translation adjustment on equity investments - equity method (154,989) (154,989) Employee stock option exercised 8,487 84,873 17,467 (1,637 ) - - (1,637 ) ,703 Net loss not recognized as pension cost recognized from subsidiaries (123,838 ) - (123,838 ) Equity component of preferred stock issuance , , ,940 Change in minority interest (37,477 ) (37,477 ) BALANCE, DECEMBER 31, ,996,505 69,965,051 17,467 1,722, ,940 3,609 2,017,286 9,963, ,801 10,870,941 1,030,154 (168,698 ) (125,169 ) 22,130 (766,159 ) - 82,863,003 Appropriation of 2009 earnings Legal reserve ,780 - (90,780) Special reserve ,741 (7,741) Cash dividends - NT$ per share (809,211) (809,211) (809,211) Consolidated income for the year ended December 31, ,109,336 5,109, ,109,336 Unrealized revaluation gains or losses on financial instruments recognized from subsidiaries , ,561 Unrealized gains or losses on subsidiaries' cash flow hedge (48,315 ) - - (48,315 ) Change in cumulative translation adjustment on equity investments - equity method (550,654) (550,654) Employee stock option exercised 13, ,116 (17,467 ) (2,737 ) - - (2,737 ) ,912 Net loss not recognized as pension cost recognized from subsidiaries (179,643 ) - (179,643 ) BALANCE, DECEMBER 31, ,009,817 $ 70,098,167 $ - $ 1,720,000 $ 290,940 $ 3,609 $ 2,014,549 $ 10,053,920 $ 7,741 $ 5,109,405 $ 15,171,066 $ 1,030,154 $ (719,352 ) $ 122,392 $ (26,185 ) $ (945,802 ) $ - $ 86,744,989 The accompanying notes are an integral part of the consolidated financial statements

7 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) CASH FLOWS FROM OPERATING ACTIVITIES Consolidated income $ 5,109,336 $ 903,441 Adjustments to reconcile consolidated income to net cash used in operating activities Depreciation and amortization 897,516 1,267,994 Amortization of premium or discount on financial assets 84,133 67,462 Amortization of premium or discount on bank debentures 1,452 (3,024) Impairment losses on assets 505, ,262 Unrealized losses on (gains from) financial assets designated at fair value through profit or loss 7,630 (549,152) Provision for credit, trading and other losses 5,113,593 6,259,040 Contingency losses - 2,189,651 Gains from convertible bonds repurchased - (12,534) Income from equity investments - equity method, net (6,507) (6,725) Gains from disposal and retirement of properties and leased assets (19,632) (532,721) Losses on disposal of collaterals assumed, net 30, ,310 Gains from warrants issued (609,495) (27,092) Deferred income taxes (793,309) (2,150,828) Accrued pension cost 119,749 55,795 (Gains from) losses on sale of unquoted equity instruments (249,148) 8,513 Gains from sale of available-for-sale financial assets (106,764) (5,149) Net change of operating assets and liabilities Held-for-trading financial assets (12,082,639) 9,978,727 Held-for-trading financial liabilities 1,994,043 (9,589,010) Securities brokerage accounts, net (11,228) 72,676 Customer margin account (1,348,930) 3,875,281 Future trader's equity 1,348,930 (3,874,839) Securitization of accounts receivable - 789,940 Receivables 3,732,380 (9,151,312) Payables (13,020,252) (340,426) Net cash used in operating activities (9,303,611) (196,720) CASH FLOWS FROM INVESTING ACTIVITIES (Increase) decrease in due from the Central Bank and other banks (2,807,492) 18,656,663 Decrease in financial assets designated at fair value through profit or loss 1,186,635 1,471,949 Increase in financial liabilities designated at fair value through profit or loss 57,212 - (Increase) decrease in securities purchased under agreements to resell (4,459,324) 291,327 Increase in discounts and loans (28,183,640) (21,332,898) Cash returned on liquidation of equity investments-equity method - 4,564 Increase in unquoted equity instruments (434,989) (399,332) (Continued) - 6 -

8 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) Decrease in unquoted equity instruments $ 419,968 $ 26,834 Acquisition of held-to-maturity investments (768,521,592) (615,618,334) Proceeds from matured held-to-maturity investments 693,743, ,782,853 Acquisition of available-for-sale financial assets (396,647,764) (169,633,446) Proceeds from sale of available-for-sale financial assets 397,338, ,306,036 Proceeds from sale of non-active market debt instruments 16, ,845 Acquisition of properties (492,812) (500,915) Proceeds from sale of properties ,772 Proceeds from sale of collaterals assumed 143, ,879 Acquisition of leased assets (54,097) (230,966) Proceeds from sale of leased assets 120, ,232 Increase in long-term lease and installment receivables (147,004) (4,026,558) Increase in other financial assets (669,796) (3,376,406) (Increase) decrease in other assets (392,063) 708,301 Net cash used in investing activities (109,783,456) (22,811,600) CASH FLOWS FROM FINANCING ACTIVITIES Increase in short-term borrowings 912,743 73,055 Increase in commercial paper payable 8,375,086 3,476,285 Increase in securities sold under agreements to repurchase 4,558, ,844 Increase in call loans and due to banks 19,994,194 2,976,727 Increase in deposits and remittances 74,816,990 29,904,579 Increase (decrease) in long-term borrowings 4,008,711 (1,862,816) Repayment of bonds payable on maturity (1,150,000) - Repurchase of convertible bonds - (6,437,825) Bank debentures issued 6,000,000 10,000,000 Repayment of bank debentures on maturity (2,900,000) (11,400,000) Decrease in other financial liabilities (2,098,953) (833,434) (Decrease) increase in other liabilities (349,931) 26,214 Issuance of preferred stocks - 420,000 Cash dividends (809,211) - Cash received from employees by exercising stock options 112, ,703 Minority interests - (37,477) Net cash provided by financing activities 111,471,178 27,014,855 EFFECTS OF EXCHANGE RATE CHANGES 55,729 65,527 (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (7,560,160) 4,072,062 CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 22,273,131 18,201,069 CASH AND CASH EQUIVALENTS, END OF YEAR $ 14,712,971 $ 22,273,131 (Continued) - 7 -

9 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) SUPPLEMENTAL INFORMATION Interest paid $ 7,309,237 $ 11,889,421 Income tax paid $ 2,068,704 $ 1,730,279 NONCASH FINANCING ACTIVITIES Long-term borrowings due within one year $ 2,359,475 $ - The accompanying notes are an integral part of the consolidated financial statements. (Concluded) - 8 -

10 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars, Unless Stated Otherwise) 1. ORGANIZATION AND OPERATIONS May 9, 2002 December 26, 2005 June 2006 Following the incorporation, SinoPac Financial Holdings Co., (the Company/SPH) issued stocks to swap for the shares of Bank SinoPac (BSP), National Securities (NSC), and SinoPac Securities (SPS), resulting in all three companies becoming wholly owned subsidiaries of SPH. IBT became a wholly owned subsidiary of SPH through share swap in accordance with Financial Holding Company Act. Through a swap at ratios of (with 1 representing the SPH s share). The shares of IBT ceased trading on the Taiwan Securities Exchange (TSE). SPH convened the shareholders meeting to reach the decision of renaming SPH s Chinese name, and completed the registration on July SPH engages in the business of investing and managing of the financial related institution. Please refer to Table 10 for related consolidated entities organization and operations. As of December 31, 2010 and 2009, SPH and its consolidated subsidiaries had 7,740 and 7,642 employees, respectively. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Consolidation All significant inter-company transactions and balances have been eliminated for consolidation purposes. Information about subsidiaries included in the consolidated financial statements refers to Table 10. To comply with the adjustment of the Company s investment framework, the board of directors of the Company resolved that Bank SinoPac merged SinoPac Card Services with cash, and the preliminary effective date of the merger will be March 27, The board of directors of the Company resolved that altered the preliminary effective date of the merger to June 1, Under this merger, Bank SinoPac will be the surviving entity and SinoPac Card Services will be the Company ceasing to exist. In accordance with Statement of Financial Accounting Standards Interpretation No. (91) 243, 244 and No. (95) 081 issued by the Accounting Research and Development Foundation of the Republic of China (ARDF of ROC), the transaction is treated as recognization and should be recorded at the book value of both entities assets and liabilities

11 The accompanying consolidated financial statements have been prepared in conformity with the Criteria Governing the Preparation of Financial Reports by Financial Holding Companies, Criteria Governing the Preparation of Financial Reports by Public Banks, Regulations Governing the Preparation of Financial Reports by Securities Issuers, Criteria Governing the Preparation of Financial Reports by Securities Firms, Criteria Governing the Preparation of Financial Reports by Futures Commission Merchants, the guidelines issued by the authority and accounting principles generally accepted in the Republic of China (ROC). In determining fair value of certain financial instruments, credit losses, depreciation for fixed assets, idle assets and assets held for leasing, impairments, pension, income taxes, amortization of deferred charges, contingency losses and provision for losses on guarantees, bonus to employees and remuneration to directors and supervisors, the Company and its subsidiaries need to make estimates based on judgment and available information. Actual results could differ from those estimates based on judgment at available information. The significant accounting policies of SPH and consolidated subsidiaries are summarized as follows: Current and Non-current Assets and Liabilities Since the operating cycle in the banking industry cannot be reasonably identified, accounts included in the consolidated financial statements of Bank SinoPac and FENB are not classified as current or non-current. Nevertheless, these accounts are properly categorized according to the nature of each account and sequenced by their liquidity. Please refer to Note 40 for maturity analysis of assets and liabilities. In addition to cash equivalents mentioned in the next section, assets to be converted or consumed within one year are classified as current. Obligations to be liquidated or settled within one year are classified as current. All other assets and liabilities are classified as non-current. Financial Value Determination Fair value are determined as follows: (a) listed stocks, GreTai Securities Market (the GTSM ) stocks, warrant liabilities and warrants repurchased - closing prices as of the balance sheet date; (b) beneficiary certificates (open-end fund) - net asset values as of the balance sheet date; (c) bonds - period-end reference prices published by the GTSM or Bloomberg; and (d) for the bank debentures issued overseas and the financial instruments without active markets, fair value is determined by the price provided by counterparty. Financial Instruments at Fair Value Through Profit or Loss Financial instruments at fair value through profit or loss consist of any financial asset and liability that is designated on initial recognition as one to be measured at fair value with fair value changes in profit or loss and financial assets and liabilities which should be classified as held for trading. The Company recognizes a financial asset or a financial liability on its balance sheet when the Company becomes a party to the contractual provisions of the financial instrument. A financial asset is derecognized when the Company has lost control of its contractual rights over the financial asset. A financial liability is derecognized when the obligation specified in the relevant contract is discharged, cancelled or expired. Financial instruments at FVTPL are initially measured at fair value. At each balance sheet date subsequent to initial recognition, financial assets or financial liabilities at FVTPL are remeasured at fair value, with changes in fair value recognized directly in profit or loss in the year in which they arise. On derecognition of a financial asset or a financial liability, the difference between its carrying amount and the sum of the consideration received and receivable or consideration paid and payable is recognized in profit or loss. The Company and its subsidiaries use trade date accounting when recording related transactions, except for bonds, for which settlement date accounting is used. A derivative that does not meet the criteria for hedge accounting is classified as a financial asset or a financial liability held for trading. If the fair value of the derivative is positive, the derivative is recognized as a financial asset; otherwise, the derivative is recognized as a financial liability

12 Any financial asset and any financial liability may be designated as financial instruments at fair value through profit or loss to eliminate measurement anomalies for items that provide a natural offset of each other. Applying the fair value option eliminates accounting measurement mismatch for items that naturally offset each other or eliminates the burden of separating embedded derivatives that are not considered to be closely related to the host contract pertaining to a hybrid instrument. If the Company does not adopt hedge accounting and the hedged items are not designated as financial assets or liabilities at fair value through profit or loss, accounting measurement mismatches on these items will occur as a result of differences in measurement attributes. Thus, the Company designated debt instruments and bank debentures issued as financial assets and liabilities at financial assets or liabilities at fair value through profit or loss. Moreover, the Company designated hybrid instruments as financial assets and liabilities at financial assets or liabilities at fair value through profit or loss because embedded derivatives are not separated from the host contract in a hybrid instrument. Besides, the set of financial assets, financial liabilities or the combination of both managed by the Company and its subsidiaries risk management policies and investment strategies will be designated as financial instruments at fair value through profit or loss. Repurchase and Reverse Repurchase Transactions Securities purchased under agreements to resell (reverse repurchase) agreements and securities sold under agreements to repurchase are generally treated as collateralized financing transactions. Interest earned on reverse repurchase agreements or interest incurred on repurchase agreements is recognized as interest income or interest expense over the life of each agreement. Margin Loans and Stock Loans Margin loans pertain to the provision of funds to customers for them to buy securities. Margin loans receivable represents the amount given to customers. The securities bought by customers are used to secure these loans and are recorded through memo entries as collateral securities. The collateral securities are returned when the loans are repaid. The refinancing of margin loans with securities finance companies is recorded as refinancing borrowings, which are collateralized by securities bought by customers. The collateral securities are disposed of by the SinoPac Securities when their market values fall below a pre-agreed level and the customer fails to maintain this level. If the proceeds of the disposal of collateral security cannot cover the balance of the loan and the customer cannot timely settle the deficiency, then the balance of the margin loan is reclassified under overdue receivables. If a collateral security cannot be sold in the open market, the balance of the loan is reclassified under other receivables or overdue receivables. Stock loans are securities lent to customers for short sales. The deposits received from customers on securities lent out are credited to deposits on short sale. The securities sold short are recorded as stock loans using memo entries. The proceeds of the sales of securities lent to customers less any dealer s commission, financing charges and securities exchange tax are recorded under short sales proceeds payable. When the customers return the stock certificates to the SinoPac Securities, the SinoPac Securities gives back to customers the deposits received and the proceeds of the sales of securities. The margins deposited by securities firms to securities finance companies are recorded as loan from refinanced margin. The refinancing securities delivered to the SinoPac Securities are recorded as refinancing stock collaterals using memo entries. A portion of the proceeds of the short-sale of securities borrowed from securities finance companies is retained by the securities finance companies as collateral and recorded as refinancing deposits receivable

13 Sales of Accounts Receivable SinoPac Card Services ( SinoPac Card ) transferred its credit card receivables under the following criteria, surrendered controls over the transferred assets and recorded the transfer as sales of accounts receivable. a. Transferred accounts receivable have been isolated from SinoPac Card. Along with its creditors, SinoPac Card can no longer control the future economic benefits on these receivables. b. The transferee has the right to pledge or transfer accounts receivable purchased. c. The transferee has no right to return the transferred accounts receivable purchased before their maturity. In addition, SinoPac Card is neither obligated nor entitled to repurchase or redeem these accounts receivable. But if a repurchase transaction is agreed upon, the repurchase price is the fair value of accounts receivable at the time. SinoPac Card derecognizes the credit card receivables sold at carrying value from its balance sheet on the transfer date. The difference between the proceeds net of the estimated bad-debt provision and the carrying value is recorded as income (loss) for the current period. Account Receivable Factoring Factoring receivables are account receivables purchased by Bank SinoPac and its subsidiaries. Service fees are recorded as revenue upon receipt and interest income is recognized during the factoring period. Non-performing Loans Under guidelines issued by the Banking Bureau of Financial Supervisory Commission, the balance of loans and other credits extended by Bank SinoPac and the related accrued interest thereon are classified as non-performing when the loan is overdue and shall be authorized by a resolution passed by the board of directors. Non-performing loans reclassified from loans are classified as discounts and loans; otherwise, they are classified as other financial assets. Allowance for Credit Losses and Provision for Losses on Guarantees In determining the allowance for credit losses and provision for losses on guarantees, Bank SinoPac and SinoPac Leasing and its subsidiaries assess the collectibility on the balances of discounts and loans, accounts receivables, interest receivables, other receivables, lease receivables, non-performing loans, and other financial assets as well as guarantees and acceptances as of the balance sheet date. Pursuant to Regulations Governing the Procedures for Banking Institutions to Evaluate Assets and Deal with Non-performing/Nonaccrual Loans (the Regulations ) issued by the Banking Bureau, Bank SinoPac evaluates credit losses on the basis of the estimated collectibility. In accordance with the Regulations stated above, the loan assets were divided into different classes subject to assets that require special mentioned, assets that are substandard, assets that are doubtful, and assets for which there is loss. The minimum allowance for credit losses and provision for losses on guarantees for the aforementioned classes should be 2%, 10%, 50% and 100% of outstanding credits, respectively

14 For FENB, the allowance for loan losses is maintained at a level considered adequate to provide for losses that are inherent in the loan portfolio at the balance sheet date. The adequacy of the allowance is determined by management based upon a periodic audit of the loan portfolio, consideration of historical loan loss experience, current economic conditions, changes in the composition of the loan portfolio, analysis of collateral values and other pertinent factors. Although management believes the level of the allowance is adequate to absorb losses inherent in the loan portfolio, additional declines in the local economy or rising interest rates may result in increasing losses that cannot reasonably be predicted at this time. For Bank SinoPac and SinoPac Leasing and its subsidiaries, write-offs of loans falling under the Banking Bureau guidelines, upon approval by the board of directors, are offset against the recorded allowance for credit losses. Recovery of loans written off on the current year is recorded as reverse of allowance whereas recovery of loans written off on the previous years is recorded as other revenue. For SinoPac Securities and SinoPac Futures, allowance for bad debts is provided on the basis of reviewing the collectibility of notes and accounts receivables, other receivables and non-performing loans. After providing this allowance, set aside an additional amount as bad-debt reserve and allowance for bad debts, to save 3% on the value-added tax before July 1, According to a directive of the authority, SinoPac Securities and SinoPac Futures stop providing the aforesaid reserve since July 1, Those reserves can only be used to write off non-performing loans. Available-for-sale Financial Assets Available-for-sale financial assets are initially measured at fair value plus transactions that are directly attributed to the acquisition. Unrealized gains or losses on available-for-sale financial assets are reported in equity attributed to the stockholders. On disposal of an available-for-sale financial asset, the accumulated, unrealized gain or loss in equity attributable to the stockholders is transferred to net profit and loss for the period. The Company and its subsidiaries use trade date accounting when recording related transactions, except for bonds, for which settlement date accounting is used. Cash dividends are recognized on the ex-dividend date. Cash dividends received a year after investment acquisitions are recognized as income, otherwise as a reduction of the carrying value of the investments. The effective interest rate method of amortization and accretion is used; the straight line method is used if there is no significant difference. If an available-for-sale financial asset is determined to be impaired, the accumulative unrealized loss previously recognized in equity attributable to the shareholders is recognized as impairment loss and reported in income statement. For equity investments, loss reversal is adjusted to the equity attributable to the stockholders. For debt investments, loss reversal is credited to current income. Held-to-maturity Investments Held-to-maturity investments are carried at amortized cost, using the effective interest method; otherwise the straight line method can be used if there is no significant difference. At initial recognition, the costs of the financial assets are measured at fair value plus transactions that are directly attributable to acquisition. The net profits and losses of the held-to-maturity investments for the period are reported in income statement when the financial assets are derecognized, impaired or amortized. The Company and its subsidiaries use trade date accounting when recording related transactions, except for bonds, for which settlement date accounting is used. If a held-to-maturity financial asset is determined to be impaired, the impairment loss is recognized and reported in income statement. Loss reversal is credited to current income and should not be more than the carrying amount had the impairment not been recognized

15 Equity Investments - Equity Method Equity investments are accounted for by the equity method if the Company and its subsidiaries have significant influence over the investees. Under this method, investments are stated at cost plus (or minus) a proportionate share in net earnings (losses) or changes in net worth of the investees. Cash dividends received are accounted for as reduction in the carrying value of the investments. Stock dividends only result in an increase in number of shares and are not recognized as investment income. Until December 31, 2005, any difference between the acquisition cost and the equity in the investee is amortized over 5 to 15 years. Such goodwill is not amortized but is tested annually for impairment since January 1, In accordance with Statement of Financial Accounting Standards Interpretation No. (91) 33 issued by the ARDF of ROC, the SPH commence reorganization and the Bank transferred the investment at book value. Other Financial Assets a. Non-active market debt instruments Non-active market debt instruments are those which do not have quoted prices in an active market, and whose fair value cannot be reliably measured. Non-active market debt instruments are carried at amortized cost. The accounting treatment for such debt instruments is similar to held-to-maturity investments except for the absence of restriction or the timing of their disposal. b. Unquoted equity instruments Investments in equity instruments without quoted prices in an active market, whose fair value cannot be reliably measured, are measured at their original cost. If there is objective evidence that the asset is impaired, an impairment loss is recognized and a reversal of the impairment loss is prohibited. c. Clearing and settlement fund According to the Regulations Governing Securities Firms, Regulations Governing Futures Firms and overseas clearing regulation, SinoPac Securities and its domestic subsidiaries, as well as overseas subsidiaries, accepting consignment for trading on the centralized securities exchange market shall deposit a settlement/clearing fund (included in other assets) to the Stock Exchange, GTSM, Taiwan Futures Exchange and overseas stock and futures exchange before or after commencement of business operation. d. Securities brokerage accounts These accounts pertain to open brokerage transactions. Under the Criteria Governing the Preparation of Financial Reports by Securities Firms, the following unsettled brokerage transactions are recorded as: (i) debit accounts (such as cash in bank - settlement, accounts receivable - customers purchases, net exchange clearing receivable, margin transaction, and accounts receivable - settlement) and (ii) credit accounts (such as accounts payable - customers sales, net exchange clearing payable, margin transaction, and accounts payable - settlement). These accounts are presented in the financial statements at net amounts

16 e. Customer margin account and futures traders equity SinoPac Futures engages in futures brokerage business and received margin deposits from customers as required under existing regulations. The proceeds are deposited in a bank and presented as customer margin account and futures traders equity. Gains or losses from daily marking to market of the carrying amounts of the contracts and related commission are charged to customer margin account and futures traders equity. Futures traders equity accounts cannot offset each other except when the kind of equity accounts are the same and belong to someone. The debit balance of futures traders equity, which results from losses on futures transactions in excess of the margin deposited, is recorded as accounts receivable - futures margin deposits. f. Securities business money lending and securities lending Securities lending business pertain to the provision of funds will be recognized as securities lending receivable after two business days on the amount given to customers and estimate bad debt on the basis of the collectibility in the end of the period. The collateral obtained from securities lending business and recorded through memo entries as collateral securities. The collateral securities are returned when the loans are repaid. Revenue from customers paid for securities lending business is recognized as securities lending commissions and fees. The collateral securities obtained from securities lending recorded through memo entries as collateral securities. The collateral cash recorded as securities lending refundable deposits. Deposit for the SinoPac Securities lending securities from TSE recorded as securities borrowing margin. Securities lending refundable deposits (or securities borrowing margin) will be repaid (or collected) when returning borrowed securities. Revenues from customers paid for securities lending is recognized as securities lending commissions and fees. Properties and Nonoperating Assets Properties and nonoperating assets are stated at cost plus appreciation and less accumulated depreciation and accumulated impairment losses. Cost of major addition, renovation and improvements are capitalized, while cost of repairs and maintenance are expensed when incurred. Upon sale or disposal of properties and nonoperating assets, their cost, revaluation increment and related accumulated depreciation and accumulated impairment losses are removed from the accounts. Any resulting gain or loss is credited or charged to current income. Except for the transportation equipment of SPL for which fixed-percentage-on-declining-base method used since January 1, 2007, depreciation computed using the straight-line method over service lives estimated as follows: buildings, 5 to 60 years; computer equipment, 3 to 15 years; transportation equipment, 5 years. Depreciation on revalued property is computed on the basis of their remaining useful lives at the time of the revaluation. For assets still in use beyond their original service lives, depreciation is calculated over newly estimated useful lives. Intangible Assets a. Computer software and premium The Company and its subsidiaries computer software and premium are amortized on the straight-line basis over 2 to 15 years. b. Core deposit intangible Core deposit intangible is amortized on the straight-line basis over 15 years

17 c. Goodwill Effective on January 1, 2006, goodwill is not amortized and test annually for impairment. Beginning with January 1, 2006, premium between the acquisition cost and the equity in the investee is not amortized but test for impairment annually. d. Customer relationship Customer relationship is amortized on the average basis over 4 years. e. Brand Brand is amortized on the average basis over 4 years. Collateral Assumed Collateral assumed are recorded at cost and revalued at the lower of cost or net fair value as of the balance sheet date, and the resulting loss is charged to current income. Accounting for Leasing Business For capital leases, the costs of equipment leased and the interests imputed thereon are accounted for as lease receivable. The imputed interest is correspondingly treated as unearned interest income, and is periodically recognized as interest income when earned using the interest rate method. For operating leases, the contracted rentals are recognized as income when earned. Properties held for lease are stated at cost less accumulated depreciation. Depreciation is calculated by the straight-line method, except for the transportation equipment of SinoPac Leasing for which fixed-percentage-on-declining-base method is used, since January 1, 2007, on the basis of service lives estimated as follows: superficies, 44 years; buildings, 33 to 55 years; transportation equipment, 2 to 6 years. When properties held for lease are sold at the end of leasing period, any resulting gain (loss) from the differences between proceeds and book value of properties held for lease is credited (charged) to current income. Guarantee deposits received are the amounts retained under lease agreements. Interest expenses are computed during the lease terms. At the end of the lease terms, guarantee deposits received will be returned to the debtors. Asset Impairment SFAS No. 35 requires the impairment review on equity investments - equity method and properties to be made on each balance sheet date. If assets or the relevant cash-generating units (CGUs) are deemed impaired, then the Company and its subsidiaries must calculate their recoverable amounts. An impairment loss should be recognized whenever the recoverable amount of the assets or the CGUs is below the carrying amount, and this impairment loss either is charged to accumulated impairment or reduces the carrying amount of the assets or CGUs directly. After the recognition of an impairment loss, the depreciation (amortization) should be adjusted in future periods by the revised asset/cgus carrying amount (net of accumulated impairment), less its salvage value, on a systematic basis over its remaining service life. If the recoverable amounts of the assets (excluding goodwill) are lower than its carrying amount, the carrying amount of the assets will be reduced to its recoverable amount. That reduction is an impairment loss. If the recoverable amount increases, the amount recovery is recognized as income. However, the increased carrying amount of the assets due to a reversal of an impairment loss should not exceed the carrying amount that would have been determined (net depreciation) had no impairment loss been recognized for the asset in

18 prior years. An impairment loss on a revalued asset is recognized directly against capital surplus from revaluation for the asset to the same asset. A reversal of an impairment loss on a revalued asset is credited directly to capital surplus from revaluation under the heading capital surplus from revaluation. However, to the extent that an impairment loss on the same revalued asset was previously recognized as profit or loss, a reversal of that impairment loss is also recognized as profit or loss. Goodwill is tested for impairment annually or more frequently if events or changes in circumstance indicate goodwill impairment. Impairment is recorded if the book value exceeds value in use. The increase in the recoverable amount of goodwill in the period following the recognition of an impairment loss is likely to be an increase in internally generated goodwill rather than the reversal of the impairment loss recognized for the acquired goodwill. Thus, a reversal of an impairment loss on goodwill is prohibited. Liability Component of Preferred Stocks For the issuance of convertible preferred stocks, the Company first determines the carrying amount of the liability component by measuring the fair value of a similar liability that does not have an associated equity component, then determines the carrying amount of the equity component, representing the equity conversion option, by deducting the fair value of the liability component from the fair value of the convertible preferred stocks as a whole. The liability component excluding the embedded derivatives is measured at amortized cost using the effective interest method. Upon conversion, the Company uses the aggregate carrying amount of the liability and equity components of the convertible preferred stocks at the time of conversion as a basis to record the common shares issued. Reserve for Default Accounts As required by the Rules Governing Securities Firms, for securities traded for customers accounts, SinoPac Securities should allocate % of the transaction price of the traded securities as a reserve for default accounts every month. When the accumulated reserve for default accounts reaches $200,000, allocation will be suspended. This reserve should be used only for covering losses caused by breach of contracts for trading on customers account or for other purposes as approved by the SFB. As required by the Rules Governing Futures Commission Merchants, for futures traded for customers accounts, SinoPac Futures should allocate 2% of commission revenues from futures transactions as the reserve for default accounts. When the accumulated reserve for default accounts reaches the minimum paid-in capital of SinoPac Futures, allocation will be suspended. This reserve should only be used for covering the losses caused by breach of contracts for trading on customers accounts or for other purposes approved by the SFB. Reserve for Trading Losses An amount equal to 10% of the net gain from sale of Bank SinoPac, SinoPac Securities and SinoPac Futures is recognized monthly as reserve for trading losses under the Rules Governing Securities Firms and Rules Governing Future Commission Merchants. This reserve is recognized until its accumulated balance reaches (a) $200,000 for the trading department, (b) the minimum paid-in capital of the SinoPac Securities futures department and SinoPac Futures, respectively. This reserve can be used only to offset actual losses from securities and futures dealings. Revenue Recognition Loans and discounts are recognized according to outstanding principal which excludes revenue unearned. Interest income is recorded on accrual basis. However, no interest revenue is recognized in the accompanying financial statements on loans and other credits extended by Bank SinoPac that are classified as non-performing loans. The interest income on those loans/credits is recognized upon collection. Under the regulations of the MOF, interest revenue on credits which agreements have been reached to extend their maturities is recognized upon collection

19 Commission revenue is recognized upon receiving cash or the earning process almost completed. Interest income on revolving credit card receivables and cash advance is recognized on an accrual basis. Service fee income is recognized when service is rendered. Annual fee income is the member fee received from card members and is recognized when card members fail to meet the criteria for annual fee exemption; provision for allowance is estimated using past experience and is recognized as a deduction from annual fee income within the year the annual fee income is recognized. For SinoPac Securities and its subsidiaries, revenue from rendering services - brokerage and underwriting commissions and fees, stock affairs agent fees, futures commissions and fees, and futures advisory fees, etc., is recognized according to the stage of completion as of the balance sheet date. Interest income is accrued on an accrual basis by referring to the principal outstanding and the effective interest rate. Dividend income on equity securities is recognized on ex-dividend dates or on the dates when the stockholders declare dividends. Pension Pension expense (including retirement and severance benefits cost, the pension expense thereon) is determined based on actuarial calculations except for that FENB, SinoPac Capital Limited and its subsidiaries, SinoPac Securities (Asia), SinoPac Securities (Europe) and SinoPac Assets Management (Asia) recognize their pension expense and make contributions to funds based on the specified ratio of employee salaries, according to their defined benefit pension plans. The Company and its subsidiaries under defined benefit pension plan are determined on the basis of actuarial calculations. Pension under defined contribution pension plan is expensed during the period the employees rendered their services. Income Tax Inter-period income tax allocation is applied, whereby tax effects of deductible temporary differences, unused investment tax credits and unused loss carry forward are recognized as deferred income tax assets, and those of taxable temporary differences are recognized as deferred income tax liabilities. Valuation allowances are provided to the extent, if any, that it is more likely than not that deferred income tax assets will not be realized. Except for Bank SinoPac and FENB, deferred income tax assets and liabilities are classified as current or non-current on the basis of the classification of the related assets or liabilities for financial reporting. A deferred income tax asset or liability that cannot be related to an asset or liability for financial reporting should be classified according to the expected realization date of the temporary difference. Tax credits for acquisitions of equipment or technology, research and development expenditures and personnel training expenditures are recognized as reduction of current income tax. The adjustment of prior years income tax was included in the current income tax. Income tax (10%) on inappropriate earnings after January 1, 1998 is recorded as income tax in the year when the stockholders resolve the appropriation of the earnings. The Company and its subsidiaries adopted the linked-tax system. The accounting treatment applied by the Group to the income tax is to adjust in the Company s book the difference between the combined current/deferred taxes and the total of each Group member s current/deferred. Related payables and receivables were recorded in each of the Group members books

20 Foreign-currency Translations The translations of the foreign operation institute s financial statement are as follows: The assets or liabilities accounts are translated at the spot rate as of the balance sheet date; the stockholders equity accounts except the beginning balance of retained earnings are translated at the historical rate. The beginning balance of the retained earnings is translated equally as the ending balance of the aforementioned year. Dividends are translated at the spot rate as of the declaration date; the revenue on expense accounts is translated at the weighted average rate. Unrealized exchange differences on non-monetary financial assets (investments in equity instruments) are a component of the change in their entire fair value. For a non-monetary financial asset classified as held for trading, unrealized exchange differences are recognized in the income statement. For non-monetary financial investments, which are classified as fair value, unrealized exchange differences are recorded directly in equity until the asset is sold or becomes impaired. Gains or losses resulting from restatement at period-end of foreign-currency denominated long-term equity investments accounted for by the equity method are credited or charged to cumulative translation adjustment under stockholders equity. Contingencies A loss is recognized when it is probable that an asset has been impaired or a liability has been incurred, and the amount of loss can be reasonably estimated. If the amount of the loss cannot be reasonably estimated or the loss is possible, the related information is disclosed in the financial statements. Hedge Accounting In order to qualify as a hedge, a derivative must effectively reduce any risk inherent in the hedged item from potential movements in interest rates, exchange rates and market values. Changes in the fair value or cash flow of the derivative must be highly correlated with changes in the fair value of the underlying hedged item over the life of the hedged contract. At the inception of the hedge, there must be formal designation and documentation of the hedging relationship, Bank SinoPac s risk management objective and strategy for undertaking the hedge, the hedging instrument, the hedged items, overall risk management objectives and strategies and how the entity will assess the hedging instrument s effectiveness. A fair value hedge that meets the entire hedge accounting criteria is accounted for as follows: a. The gain or loss from re-measuring the hedging instrument at fair value (for a derivative hedging instrument) or the foreign currency component of its carrying amount (for a non-derivative hedging instrument) is recognized immediately in profit or loss, and b. The carrying amount of the hedged item is adjusted through profit or loss for the corresponding gain or loss attributable to the hedged risk. A cash flow hedge that meets the entire hedge accounting criteria is accounted for as follows: a. The portion of the gain or loss on the hedging instrument that is determined to be an effective hedge is recognized in stockholders equity. The amount recognized in stockholders equity is recognized in profit or loss in the same year or years during which the hedged forecast transaction or an asset or liability arising from the hedged forecast transaction affects profit or loss. b. If all or a portion of a loss recognized in stockholders equity is not expected to be recovered in the future, the amount that is not expected to be recovered is reclassified into profit or loss

21 Reclassifications Certain accounts as of and for the year ended December 31, 2009 have been reclassified to conform to the consolidated financial statements presentation as of and for the year ended December 31, CASH AND CASH EQUIVALENTS December 31 Cash on hand $ 5,972,337 $ 5,509,678 Deposits in banks and due from other banks 6,828,979 14,523,994 Notes and checks in clearing 1,656,861 1,804,759 Short-term bills 254, ,700 $ 14,712,971 $ 22,273,131 Cash equivalents are short-term bills with maturities within three months when acquired by SinoPac Securities and SinoPac Securities Investment Trust, with carrying amounts that approximate their fair value. 4. DUE FROM THE CENTRAL BANK AND OTHER BANKS December 31 Call loans to banks $ 38,061,140 $ 45,148,854 Due from the Central Bank- checking accounts 14,808,266 8,713,379 Deposit reserve - demand accounts 22,599,236 18,903,847 Deposit reserve - foreign currencies 102,032 99,293 Balance at the US Federal Reserve Bank 8,922,668 8,820,477 $ 84,493,342 $ 81,685,850 Under a directive issued by the Central Bank of the ROC, NTD - denominated deposit reserves of Bank SinoPac is determined monthly at prescribed rates on average balances of customers NTD - denominated deposits. Deposit reserve - demand account can not be used, except for adjusting the deposit reserve account monthly. In addition, the foreign-currency deposit reserves are determined at prescribed rates on balances of additional foreign-currency deposits. These reserves may be withdrawn momentarily but born no interest. 5. FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS Related information regarding financial instruments at fair value through profit or loss for the years ended December 31, 2010 and 2009 please refer to Table 8-1. December 31 Held for trading financial assets $ 48,024,573 $ 35,941,934 Financial assets designated at fair value through profit or loss 1,743,352 2,937,617 $ 49,767,925 $ 38,879,551 (Continued)

22 December 31 Held for trading financial liabilities $ 12,178,498 $ 10,793,950 Financial liabilities designated at fair value through profit or loss 57,212 - $ 12,235,710 $ 10,793,950 (Concluded) As of December 31, 2010 and 2009, Bank SinoPac and its subsidiaries engage in derivative transactions mainly for accommodating customers needs and managing its exposure positions. Related information regarding outstanding contracts of those derivatives please refer to Table 8-2. The strategy of Bank SinoPac and its subsidiaries is to hedge most of the market risk exposures using hedging instruments with market value changes that have a highly negative correlation with the changes in the market of the exposures being hedged. Gains or losses of financial instruments at fair value through profit or loss for the years ended December 31, 2010 and 2009 were as follows: Years Ended December 31 Held for trading financial assets and liabilities Realized gain $ 552,723 $ 327,076 Valuation gain (loss) (148,848) 1,671, ,875 1,998,780 Financial assets and liabilities designated at fair value through profit or loss Realized gain (loss) 11,857 (41,564) Valuation (loss) gain (7,630) 549,152 4, ,588 $ 408,102 $ 2,506,368 Details of operating securities and financial instruments held by SinoPac Securities and its subsidiaries as of December 31, 2010 and 2009 please refer to Table SECURITIES PURCHASED UNDER AGREEMENTS TO RESELL AND SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE As of December 31, 2010 and 2009, bills and bonds purchased under agreements to resell amounted to $8,519,021 and $4,057,713, respectively. These agreements expire between January and February 2011 and in January 2010, respectively. As of December 31, 2010 and 2009, bills and bonds purchased under agreements to repurchase amounted to $19,627,389 and $15,066,262, respectively. These agreements expire between January and March of their respective year

23 The details of the Company and its subsidiaries financial assets sold with agreements to repurchase were summarized as follows: December 31 Financial Assets Held for trading $ 16,553,315 $ 13,464,086 Available-for-sale 3,067,453 1,598, ACCOUNTS RECEIVABLES, NET December 31 Margin loans receivable $ 20,901,430 $ 17,310,016 Accounts receivable - factoring 18,466,459 26,231,387 Credit card receivable 16,338,069 17,568,380 Acceptances 2,443,659 1,599,802 Account receivable - forfeiting 2,131, ,074 Lease receivables due in one year 1,908,091 2,044,046 Interest receivable and revenue receivable 1,675,851 1,542,704 Accounts receivable and notes receivable 940, ,899 Others 1,036,677 1,464,702 65,841,903 68,797,010 Less: Allowance for credit losses 696, ,536 $ 65,145,372 $ 68,355,474 For the details of and changes in allowance for credit losses of accounts receivables, please refer to Table 9-1. The credit card receivables as of December 31, 2010 and 2009 referred to SinoPac Card Services credit cardholders who completed consultation with the Bank on debt repayment, with credit card receivables amounted to $2,127,049 and $2,430,239, respectively. 8. SALES OF ACCOUNTS RECEIVABLE In April 2003, formerly SinoPac Card Services ( SinoPac Card ) entered into a receivables purchase agreement with ABN AMRO Bank, Taipei Branch (ABN AMRO) under which SinoPac Card would transfer credit card receivables on a continuous basis within three years. In February 2006, SinoPac Card signed an agreement with ABN AMRO Bank for the extension of the final transfer date to December 9, In December 2008, SinoPac Card and ABN AMRO both agreed to postpone again the final transfer date to June 20, 2009 and then signed a fourth amendment to the transfer contract in February On June 1, 2009, Bank SinoPac merged with SinoPac Card. With this merger, Bank SinoPac assumed the role of transferring to ABN AMRO receivables totaling $1,000,000 in six monthly installments from July to December in SinoPac Card committed to have all sold credit card receivables conform to agreed terms (eligible terms) and to have these receivables meet certain requirements (such as restrictions on the ratios for allowance for bad debts and overdue loans)

24 As of December 31, 2009, the proceeds receivable on the sale of credit card receivables amounted to $8. The loss on the sale of credit card receivables consisted of (a) the difference between the amount of proceeds calculated using the discount method and the carrying value and (b) the amortization of the arrangement fees for sales of accounts receivable, which amounted to $63,568 and $1,733, respectively, for the year ended December 31, 2009, recorded as other net revenues. SinoPac Card also entered into a service agreement with ABN AMRO for account management and collection services. Thus, SinoPac Card collects payments on the sold credit card receivables on behalf of ABN AMRO and then transfers the collections to ABN AMRO. SinoPac Card charges monthly a service fee for account management and collection services. Since the service revenue and the service cost were expected to be equal, neither related service assets nor liabilities were recognized by SinoPac Card. For the year ended December 31, 2009, the service fee amounted to $1,048, recorded as other net revenues. The cash flows on the revolving sales of accounts receivable for the year ended December 31, 2009, were as follows: Year Ended December 31, 2009 Accumulated revolving accounts receivable sold - carrying value $ 20,624,762 Add: Proceeds receivable from the sale of accounts receivable at beginning of year 1,280,859 Deduct: Proceeds receivable from the sale of accounts receivable at end of year (8) Loss on the sale of account receivable (65,301) Proceeds from the sale of accounts receivable $ 21,840, DISCOUNTS AND LOANS, NET December 31 Negotiations $ 1,567,377 $ 1,039,145 Overdrafts 9,518 13,803 Secured overdraft 740, ,744 Accounts receivable - financing 2,497,175 3,084,689 Short-term loans 96,225,957 84,685,263 Short-term secured loans 60,927,376 62,259,505 Medium-term loans 105,241,560 90,512,275 Medium-term secured loans 85,492,911 85,013,157 Long-term loans 14,782,603 13,668,783 Long-term secured loans 352,886, ,591,050 Non-performing loans transferred from loans 4,911,622 6,131, ,283, ,777,323 Allowance for credit losses of discounts and loans (7,695,041) (7,086,833) Unrealized services revenue (31,666) (46,720) Adjustment of hedge valuation 8,742 13,263 $ 717,565,949 $ 693,657,033 Unearned commissions and fees are service charge for irrevocable loan commitments and handling fee of FENB which is considered as unearned revenue and were amortised as adjustments to interest revenue within the loan period

25 As of December 31, 2010 and 2009, the Company and its subsidiaries balances of nonaccrual interest loans were $5,029,917 and $11,254,504, respectively. The unrecognized interest revenues on nonaccrual interest loans for the Company and its subsidiaries amounted to $256,296 and $331,580 for the years ended December 31, 2010 and 2009, respectively. For the years ended December 31, 2010 and 2009, the Company and its subsidiaries had not written off credits for which legal proceedings or collecting process had not been initiated. The details of and changes in allowance for credit losses of discounts and loans as of December 31, 2010 and 2009, please refer to Table AVAILABLE-FOR-SALE FINANCIAL ASSETS Related information regarding available-for-sale financial assets please refer to Table HELD-TO-MATURITY INVESTMENTS Related information regarding held-to-maturity financial assets please refer to Table EQUITY INVESTMENTS - EQUITY METHOD Income December 31 Years Ended December 31 Amount % Amount % Telexpress (B.V.I.) $ 60, $ 56, $ 6,507 $ 6,706 Multiwin Asset Management Co., $ 60,226 $ 56,445 $ 6,507 $ 6,725 The aforementioned equity investments and income from equity investments under the equity method were recognized on the basis of investees audited financial statements for the same period. The above equity investment equity method was excluded from the consolidated financial statements since the Company considered those subsidiaries were immaterial or did not exercise significant influence over those investments. To restructure the organization and investment in investees, Multiwin Asset Management Co., was liquidated in April 2008 and was finished the liquidation process in January OTHER FINANCIAL ASSETS, NET Investments in equity instruments with no quoted prices in an active market, and with fair value that cannot be reliably measured are measured at their original cost. Investments in debt instruments with no quoted prices in an active market and with fixed or determinable payment are carried at amortized cost using the effective interest method. Related information regarding other financial assets please refer to Table

26 14. PROPERTIES, NET December 31 Cost and revaluation increment $ 19,381,876 $ 19,657,546 Accumulated depreciation Buildings 2,155,238 2,020,647 Computer equipments and machineries 5,924,025 5,984,265 Transportation equipment 16,349 15,521 8,095,612 8,020,433 Accumulated impairment losses Computer equipment 4,395 4,395 Advances on acquisitions of equipment and construction in progress 398, ,671 Net properties $ 11,680,159 $ 11,914,389 Under government regulations, Bank SinoPac revalued its properties in the following years: Land in 1961, 1964, 1967, 1974 and 2001; and properties other than land in Under the Financial Institutions Merger Act and explanation (94) 349 issued by the ARDF of ROC, Bank SinoPac did not book the land value increment tax reserve amounting to $555,910 since the land was not revalued when both banks merged on November 13, INTANGIBLE ASSETS December 31 Goodwill SPH SinoPac Securities Investment Trust Co., $ 559,543 $ 559,543 Bank SinoPac Credit Card Department 876, ,717 SinoPac Bancorp 470, ,432 SinoPac Securities SinoPac Asset Management (Asia) 45,969 50,507 SinoPac Futures ,953,028 2,003,969 Franchise 1,697 1,975 Core deposit intangible 21,974 39,001 Computer software 177, ,047 Customer relationship and brand 10,938 26,017 $ 2,164,745 $ 2,287,009 Goodwill include (1) the excess of purchase price over the fair market value of SinoPac Card Service $876,717 when the Company acquired SinoPac Card Service, and (2) on August 15, 1997, Bank SinoPac acquired FENB through SinoPac Bancorp and the acquisition was accounted for using the purchase method of accounting. The assets and liabilities of FENB were revalued to reflect the estimated fair market value as of the date of acquisition. The excess of purchase price over the fair market value of the net tangible assets acquired US$16,123 thousand was recorded as goodwill, and (3) the Company acquired SinoPac Securities Investment Trust Co., from Bank SinoPac and other stockholders in July The excess of purchase price over the fair market value of the net tangible assets acquired $559,543 was recorded as goodwill. Since January 1, 2006, the Company applied SFAS No. 35, which requires the impairment

27 review on goodwill annually or more frequently if events or changes in circumstance indicate goodwill impairment. In assessing whether the equity investment with goodwill or unamortized difference between the acquisition cost and the equity was impaired, the Company and its subsidiaries consider the credit card department of Bank SinoPac or each investee as a cash generating unit and estimate the recoverable amount by investee s value in use. The Company used investee s actual profitability and estimated salvage value as a key assumption to predict future cash flows in order to calculate investee s value in use. Under going concern assumption, the Company predicts the net cash flows provided by investee s operating activities in next five to ten years, and uses the Company s weighted average funding cost as the discount rate to calculate the value in use. After assessing the value in use of the credit card department of Bank SinoPac based on the foregoing key assumptions, there was no objective evidence that goodwill or unamortized difference between the acquisition cost and the equity in investees would be impaired on December 31, 2010 and OTHER ASSETS December 31 Deferred income tax assets (Note 32) $ 4,516,047 $ 4,868,375 Properties held for lease, net 4,482,790 4,671,713 Prepayment 1,218, ,075 Collaterals assumed, net of accumulated impairment $184,739 and $114,640, respectively 1,082,595 1,548,805 Idle assets, net 442, ,485 Deferred pension cost 271, ,888 Prepaid pension cost (Note 31) 151, ,114 Temporary payment 46,597 31,484 Other deferred charge 37,190 54,701 Land value increment tax 34,792 34,792 Others 443,880 92,357 $ 12,728,197 $ 12,977,789 The board of directors of Bank SinoPac resolved to sell the land, recorded as idle assets amounting to $3,241,943, to SPL at the price of $171,367 in December The gain from disposal of the land was $2,693,234. The related-party transaction was resolved by the board of directors on December 9, The register of transfer was complete on December 25, The uncollected amount of the transaction as of December 31, 2009, was received on January 28, In accordance with the Financial Supervisory Commission (FSC) guideline No , cash dividends and bonus to stockholders for 2009 amounting to $1,435,025 shall not be remitted to the parent company until the land transferred to SPL from Bank SinoPac is disposed and the gain is realized. In addition, the aforementioned gain of $2,693,234 from the disposal of the land shall not be included in the Bank s capital adequacy ratio

28 17. DUE TO CENTRAL BANK AND OTHER BANKS December 31 Call loans from banks $ 45,788,575 $ 23,637,206 Redeposit from the directorate general of postal remittance 18,877,255 21,044,785 Due to banks 132,371 72,972 Due to the Central Bank - 49,044 $ 64,798,201 $ 44,804, COMMERCIAL PAPER PAYABLE, NET December 31 Commercial paper payable $ 18,570,000 $ 10,190,000 Less: Unamortized discount 7,608 2,694 Commercial paper payable, net $ 18,562,392 $ 10,187,306 Maturity date Discount rate 0.3%-1.358% 0.2%-1.754% The Company entered into NIF transaction with China Bills Finance in January 2010 with the credit line of $500,000. The NIF contract took effect on the contract date with a term of one year. The Company entered into NIF transaction with International Bills Financial in January 2010 and January 2008 with the credit line of $400,000 and $2,000,000, respectively. The NIF contract took effect on the contract date with a term of one year and three years, respectively. The Company could use the credit before January In addition, the Company entered another NIF transaction with Dah Chung Bills Finance in August 2010 with the credit line of $300,000 and $1,000,000, respectively. The NIF contract took effect on the contract date with a term of five years. The Company could use the credit before August 2011 and September 2015, respectively. SinoPac Securities entered into NIF transactions with China Bills Finance in April The credit line was $500,000 each at a fixed interest rate. The three-year NIF contract took effect on the contract date. The contract required the maintenance by SinoPac Securities of certain credit ratios during the contract term. SinoPac Securities should use the credit before April of The contract was expired in April 2010 and the had refunded all of the loan. As of December 31, 2010 and 2009, commercial paper payable included syndicated loans of SinoPac Leasing and its subsidiaries were $1,400,000 and $240,000, respectively, and matured in January 2011 and January 2010, respectively

29 19. ACCOUNTS PAYABLES December 31 Accounts payable - factoring $ 4,348,201 $ 14,644,304 Accrued expense 2,969,533 2,794,389 Financing guarantees payable 2,509,845 2,902,321 Acceptances payable 2,443,659 1,599,802 Deposits on short sales 2,152,973 2,348,666 Notes and checks in clearing 2,011,424 2,875,731 Accounts and notes payable 1,547,517 2,138,443 Interest payable 1,431,637 1,531,527 Suspense receipts 558, ,900 Tax payable 492,731 1,339,108 Receipts under custody payable 106,227 83,466 Others 671, ,181 $ 21,243,443 $ 33,419, BONDS PAYABLE December 31 SinoPac Securities $ - $ 1,150,000 The significant terms were as follows: SinoPac Securities a. Interest rate: Bond A and Bond B were 2.7% and index rate plus 0.3%, respectively and pay annually and quarterly from the date of issuance, respectively. b. Duration: Both of Bond A and Bond B are three years (from August 20, 2007 to 2010). c. Repayment: The principal amount is to be redeemed at the third anniversary of the issuing date. The bonds issued by SinoPac Securities in 2007 had been redeemed in August CONVERTIBLE BONDS Bank SinoPac (formerly IBT) issued US$180,000 thousand in zero coupon Euro-convertible bonds with par of US$1,000 on December 22, The terms of the bonds are as follows: a. Redemption method Bank SinoPac will redeem the bonds on the maturity date at a price equal to 99.95% of the outstanding principal amount unless the bonds have been previously redeemed, repurchased, or converted

30 1) Redemption at Bank SinoPac s option. a) During the periods from December 22, 2006 to December 22, 2009, Bank SinoPac may redeem all or parts of the bonds if the closing price over 130% of the conversion price of the shares at least 20 consecutive trading days. b) Bank SinoPac may redeem all of the bonds at any time if at least 90% of the principal of the bonds has already been redeemed, repurchased and canceled, or converted. c) Bank SinoPac may redeem all of the bonds at any time if any changes in ROC taxation would require the Bank to gross up the payment of interest or premium. 2) Redemption at the holders option a) Each bondholder has the right to require Bank SinoPac to redeem all or part of the bonds only on December 22, 2006 at 99.98% of the principal unless the bonds had been previously redeemed, repurchased, canceled, or converted. b) Each holder has the right to require Bank SinoPac to buy back all of the holder s bonds at 100% of the principal if shares cease to be listed or admitted for trading on the TSE for at least five consecutive trading days. c) Each holder has the right to require Bank SinoPac to buy all or parts the holder s bonds at 100% of the principal if there is a change of control over Bank SinoPac. d) On December 26, 2005, IBT became a wholly-owned subsidiary of the Company. This development constitutes a change of control, on which the bond indenture has certain provisions. Thus, under the indenture, each holder has the right to require IBT to repurchase all or parts of his/her bond holdings. In addition, IBT set December 22, 2006 as the change of control date and the change of put price at 100% of the unpaid principal of the bonds. b. Maturity date The maturity period is five years after bond issuance. Since the bonds were issued on December 22, 2004, the maturity date is on December 22, c. Pledged: None. d. Conversion period The bondholders can convert the bonds to IBT s stock between January 21, 2005 and December 12, They, however, will not be able to effect conversions during the closed period. A closed period is (i) 60 days before any general stockholders meetings; (ii) 30 days before any special stockholders meetings; (iii) 5 days before the declaration of dividends or other benefits; (iv) the period from the date following the third trading day before the date of IBT s notification to the Taiwan Stock Exchange of the record date for the determination of stockholders entitled to the receipt of dividends, subscription for new shares due to capital increase, or appropriation of other benefits and bonuses; and (v) such other periods during which IBT should suspend the trading of its stocks, as required by ROC laws and regulations. e. Conversion price 1) The conversion price on issuance is NT$26.26 per share. The conversion price in U.S. dollars is based on the exchange rate of US$1=NT$ The conversion price is subject to adjustment based on certain terms of the related indenture. Effective July 8, 2005, the conversion price for distributing cash dividends was adjusted from NT$26.26 to NT$

31 2) If the average closing price of the shares for any 30 consecutive trading days immediately before December 22, 2005, December 22, 2006, December 24, 2007 and December 22, 2008 (the special reset dates ), converted into U.S. dollars at the prevailing rate on the special reset dates, is less than the conversion price then in effect converted into U.S. dollars at the fixed exchange rate, the conversion price may be decreased up to 80% of original conversion price. Effective December 22, 2005, the conversion price was reset from NT$25.22 to NT$ Effective June 30, 2006, the conversion price was reset from NT$22.99 to NT$ Effective November 13, 2006, the conversion price was reset at NT$ When converting to SPH s shares, the conversion price was $16.31 which was reset at a share swap ratio Effective June 28, 2007, the conversion price was reset from NT$18.94 to NT$18.58 because of the distribution of cash dividend. When converting to SPH s shares, the conversion price was NT$16.00 which was reset at a share swap ratio , which according to second augment contract of November 13, f. Settlement option Instead of delivering to the holders some or all of the shares required for the valid exercise of a conversion right, Bank SinoPac may elect to make a cash payment for all or parts of a holder s bonds deposited for conversion. g. Supplemental agreements On December 26, 2005, IBT became a wholly-owned subsidiary of the Company and IBT s common shares ceased trading on the TSE. In the interest of the bondholders, Bank SinoPac granted to the bondholders outside the United States the additional rights, after converting the bonds into common shares of Bank SinoPac, and further exchanging Bank SinoPac s common shares for the Company s shares at a certain ratio. If the bondholders do not choose to convert into the Company s common shares, their bonds still can be converted into IBT s common shares. In 2005, formerly IBT repurchased 2,000 units at discount price 99 and And the bondholders sold the aforementioned 2,000 units at exercise price 100 in 2006, hence, as of December 31, 2007, the outstanding bonds value was US$176,000 thousand. Bank SinoPac repurchased bonds amounting to US$25,350 thousand in 2008 and US$9,320 thousand in 2009, respectively. The bonds were redeemed amounting to US$141,330 thousand as of December 22, SHORT-TERM BORROWING As of December 31, 2010 and 2009, short-term borrowings had the last maturity dates September 2011 and July 2010, with interest rates 0.6%-2.1% and 0.7%-2.950%, respectively. 23. DEPOSITS AND REMITTANCES December 31 Checking $ 18,551,546 $ 17,429,191 Demand 165,319, ,022,939 Savings - demand 230,455, ,668,391 Time 309,236, ,305,906 Negotiable certificates of deposit 23,438,700 22,906,400 Savings - time 195,867, ,636,362 Inward remittances 408,616 5,483,244 Outward remittances 78,890 88,107 $ 943,357,530 $ 868,540,

32 24. BANK DEBENTURES For the purpose of raising capital for the Bank s financial operation and increasing its capital adequacy ratio, Bank SinoPac obtained approval to issue bank debentures. Related information is shown in Table LONG-TERM BORROWINGS December 31 Credit loans $ 5,532,744 $ 5,613,508 Guaranteed loans 1,730,000 - $ 7,262,744 $ 5,613,508 Interest rate per annum % % % % In January 2008, the Company entered into a 5-year Credit Facility Agreement with a total revolving credit amount of $5,000,000 with Hua Nan Bank and other financial institutions. The credit period is five years and is effective after 3 months from the date of the contract signed (from April 2008 to April 2013). As of December 31, 2010, $4,000,000 of the credit amount has been used. In March 2010, the Company entered into a 2-year Credit Facility Agreement with a total revolving credit amount of $1,000,000 with Mega Bank and other financial institution. The credit period is from March 2010 to March As of December 31, 2010, $1,000,000 of the credit amount has been used. In November 2007, SinoPac Securities entered into a 3-year Credit Facility Agreement with a total revolving credit amount of $2,000,000 with Taipei Fubon Bank and other financial institutions. The credit period is from January 2008 to January As of December 31, 2010 and 2009, no credit amount has been used. As of December 31, 2010, SinoPac Leasing and its subsidiaries had credit outstanding from syndicated loan led by Mega Bank of $990,825, Mega Bank s loan of $548,392, Taiwan business Bank s loan of $999,347, and Industrial Bank of Taiwan s loan of $200,000. These loans mature from March 2011 to May As of December 31, 2009, SinoPac Leasing and its subsidiaries had credit outstanding from credit loan of $750,000 from Mega Bank and syndicated loan led by Taishin Bank of $1,871,913. These loans had the last maturity dates September Due to SinoPac leasing intend and ability to refinance the debt, the credit loans have been classified as long-term borrowings. 26. OTHER FINANCIAL LIABILITIES December 31 Future trader s equity $ 7,869,948 $ 6,521,018 FHLB Term advance 3,206,720 6,886,450 Collateral securities 1,583,693 - Guarantee deposits received 1,475,900 1,496,626 Payments collected for share subscriptions 427, ,451 Hedging derivative financial liabilities 40,291 27,114 Contingent losses (Note 36) - 2,171,127 Others 51,114 3,261 $ 14,655,525 $ 17,595,

33 27. OTHER LIABILITIES December 31 Accrued pension cost (Note 31) $ 1,623,925 $ 1,505,571 Reserve for land value increment tax 430, ,599 Reserve for default accounts 316, ,329 Advance receipt 296, ,072 Deferred income tax liabilities (Note 32) 198, ,032 Collections for others 126, ,900 Trading loss reserve 121,395 81,016 Reserve for bad debt 120, ,008 Others 202, ,786 $ 3,437,883 $ 3,878, STOCKHOLDERS EQUITY a. Capital stock 1) Common shares The Company had a total of $120,000,000 authorized capital divided into 12,000,000 thousand shares with par value NT$10 per share. The authorized capital can be issued in installments upon resolution of the board of directors. Among such authorized capital, 500,000 thousand shares had been reserved for issuing stock option certificates, stock warrants associated with preferred stock and stock warrants associated with corporate bonds. The subscription shares issued upon exercising employee stock option certificates were subject to the regulations of the SFB. For the year ended December 31, 2010, 11,565 units of employee stock option certificates had been exercised and increased capital stock $115,649 as a result of the exercise. In order to increase capital, to increase capital adequacy ratio, to reimburse the borrowings, to increase operating capital, and to increase the financial flexibility, the stockholders meeting of the Company resolved to raise capital in private placement, to conduct a cash capital increase, or to sponsor issuance of overseas depositary receipts on December 11, 2009 and June 18, The total number of shares of common stock issued by the Company is limited to 2,000,000 thousand shares, and the total issue amount of the convertible bonds may not exceed $30,000,000. 2) Preferred shares In order to strengthen the financial structure of the Company, to increase capital adequacy ratio and to increase operating capital, the Company proposed to issue the Class A preferred shares with the effective date on May 15, 2009, at price NT$6 per share. Major terms and conditions of the Class A preferred shares are as follows: a) The current year s earnings will be first used to cover losses of the past years as well as pay all payable taxes. The remaining sum will then be used to make provisions for legal reserve and special reserve in accordance with relevant laws and regulations and the corporate charter. The remainder will then be first used to pay accrued dividends of the past years and dividend of the current year to Class A preferred shares

34 b) In the first 15 years after offering, dividend yield for the following year is derived in a floating fashion from a calculation based on one-year fixed deposit interest rate of Taiwan Post Co. since this capital increase record date and the first anniversary of the offering plus 0.7%; from the 16th year on, dividend yield of the following year is calculated from one year fixed deposit interest rate of Taiwan Post Co., at the anniversary of the offering, plus 1.5%. Dividend will be paid in cash annually based on the actual offering price. The date of the payment of the dividend is one that is after the shareholders' meeting has approved the audited results. The Board will then decide on the record date for the payment of the previous year's dividend. Dividend of the offering year and the buyback year is calculated based on the actual days in issue, and the latter should be paid on a notice served after the following year's stockholders meeting is held. c) Dividend should be accrued together with those of the past years and will be paid preferentially in the following surplus years if no earnings are available or earnings are insufficient to fully pay for the dividend of Class A preferred stock, or the dividend payout will result in the BIS ratio falling below the minimum amount regulated by laws and regulations or administrative bodies. d) For the distribution of the Company's residual assets, preference is given to Class A preferred stockholders, who are entitled to enjoy preferential rights over shareholders of common stock and Class B preferred stock, with the amount not exceeding the offering amount and accrued dividends payable. e) Stockholders of Class A preferred stock do not have voting rights in the stockholders' meeting, but have the rights be elected as board directors or supervisors. Nonetheless, stockholders of Class A preferred stock are entitled to voting rights in the shareholders' meeting of Class A preferred stock holders. f) Apart from receiving dividend in accordance with the 2nd point of this clause, holders of Class A preferred stock are not entitled to payout from earnings as well as capital reserve meant for common stock. g) In the event of rights issues, stockholders of Class A preferred stock have the preferential rights of subscription. h) From the first day after 3 years of Class A preferred stock offering, holders of Class A preferred stock are entitled to convert all or part of their Class A preferred shares into common stock on a one-for-one basis at any time except when registration is suspended in accordance with relevant laws and regulations, when it falls within the periods between the 3rd business days onward after the announcement dates of the board of directors' decisions on the ex-dividend dates for the stock dividends, cash dividends and rights issues, which entail certain dates being suspended for stock registration, till the record dates for the above-mentioned exercises of rights. After conversion, the rights of the converted shares are the same as the common shares. i) Class A preferred shares are not entitled to dividend for preferred stock after they are converted into common stock before the record date for the current year and the following year s dividend for the preferred stock. Accrued dividends of preferred shares should enjoy earlier payout in the year and thereafter. If preferred stock dividend has already been paid in the year when Class A preferred shares were converted to common stock, it should not be entitled to dividend payout to common stock again

35 j) No maturity date is imposed on Class A preferred stock. From the first day after 15 years of offering, all or part of the Class A preferred stock can be bought back, at a price based on the offering price plus accrued dividends of the past years and of the actual number of days in issue of the current year, by the Company using the money raised by earnings or new share offerings or any other means as permitted by relevant laws and regulations. In the event when the Company buys back Class A preferred shares, a written notice should be given to its stockholders 30 days before the buyback. The rights to convert the preferred shares into common shares within this period will not be affected by this notice. Under Statement of Financial Accounting Standards No. 36, the Company bifurcated the conversion rights embedded in the Class A preferred stock and the liability component, which amounted to $290,940, recorded as capital surplus - conversion rights, and $129,060, respectively. b. Capital surplus Under related regulations, capital surplus may only be used to offset a deficit. However, capital surplus from shares issued in excess of par (including additional paid-in capital from issuance of common stock, issuance of shares for combinations and treasury stock transactions) and donations may be transferred to common stock on the basis of the percentage of shares held by the stockholders. Any capital surplus transferred to common stock should be within a certain percentage prescribed by law. Capital surplus arising from long-term equity investments accounted for by the equity method can not be distributed for any purpose. Under the Financial Holding Company Act and related SFB directives, if the capital surplus obtained by a financial holding company through the shares swap comes from its subsidiaries unappropriated retained earnings after legal and special reserves, the surplus is excluded from the restriction as prescribed in the Securities and Exchange Law. (Ref No ). c. Employee stock option certificate On April 7, 2003, the board of directors of the Company resolved to award by issuing the employee stock option certificates, in a total consideration of 224,888 units, to attract and retain its professional employees, to centralize and strengthen their affiliation, and to create the highest profit for the Company and its stockholders. Each unit of stock option certificate represents subscription right of 1,000 shares of common stock. Upon exercise of options under this plan, 224,888 thousand new shares of common stock will be issued and authorized by chairman. The employee stock option plan had been approved by the SFB and, at the chairman s approval, the Company launched the first 157,422 units of such stock option, which entitled the subscribers to acquire 157,422 thousand shares of common stock. Related terms and conditions for issuing and exercising stock option are as follows: 1) Conditions of eligibility for subscription rights: This stock option plan is limited to full-time employees of the Company and its subsidiaries (both local and overseas) that are over 50% owned by the Company. Of those qualified employees, actual amount of options granted will be based on considerations of the individual s seniority, grade, performance, overall contribution, or other special rewards upon receipt of the board of directors approval. Each individual may not be granted more than 10% of the option certificates at each issuance. Also, for each individual, the acquired numbers of shares during each fiscal year may not exceed 1% of the total numbers of shares issued at the end of such fiscal year. 2) Exercise price: The chairman had ratified July 31, 2003 as the first date of the award of the stock option and NT$12 as the exercise price per share, which was based on the market closing price of the common share on the date of the award of the option

36 3) Terms and vesting of the rights: a) Two years after the option certificates have been granted, less than or equal to 50% of the total granted options may be vested; three years after, another 10% may be vested; four years after, a further 20% may be vested; five years after, the remaining 20% of the total granted options may be vested. b) The term of stock option certificates is seven years. No transfer, collateral, negotiability, or any other methods of disposal are allowed during this period, except to inheritors in case of death of eligible employees of stock options. c) The Company reserves the right to cancel the option certificates which have been granted but not vested when the eligible employees fail to meet the performance requirements, or committed a significant violation against the corporate regulations. 4) Type of shares obtained upon exercise: The Company s common stock. 5) All rights and options are surrendered on the expiration date of the certificates. 6) Procedures for handling surrendered stock option certificate: For the surrendered rights of the stock option, the Company will withdraw and cancel the certificates. 7) Method for performance of exercise: Issuance of new shares. 8) Adjustment of exercise price: a) After issuance of stock option certificates, in case of changes in number of the Company s outstanding common shares (such as resulting from a rights offering, capitalization of retained earnings, capitalization of capital reserve, merger, stock split, share offering for GDR issuance, etc.), exercise price per share will be adjusted only according to the following formula (rounded to NT$0.01) and the adjusted price should meet the requirement that the Company doesn t need to accrued any compensation cost according to the price adjustment. Adjusted exercise price = Exercise price before adjustment {Number of shares issued + [(Payment per new share Number of new shares)/exercise price before adjustment]}/ (Number of shares issued + Number of new shares) i. The aforementioned term, number of shares issued means the total number of common shares issued and the certificates of payment for exercising stock options, but not including the certificates of bond conversion. ii. The payment will be zero if the payment per new share is obtained from distribution of bonus shares or stock split. iii. In the case of a merger of the Company with another entity, payment per new share will be the average of the daily closing prices for the 30 consecutive trading days of the Company s common share, commencing 45 trading days before the record date of the merger. iv. No adjustment to exercise price will be made if the adjusted exercise price is higher than the exercise price before adjustment. b) After the issuance of stock option certificates, the exercise price will be adjusted accordingly if the Company is to distribute cash dividend

37 9) Rights and obligations after exercising options: Certificates of payment of shares for exercise of stock option delivered by the Company will bear the same rights and obligations as the Company s common shares. The board of directors resolved to launch the residual 67,466 units of stock option certificates to specified superintendents in the Group with the proportion of the first issuance. The conditions of eligibility for subscription rights in the second issuance are limited to superintendents with special contribution. The chairman had ratified the award of the stock option as of December 30, 2003, at the exercise price per share of NT$17.2, which was based on the market closing price of the common share on the date of the award of the option. After the appropriation of the 2009 earnings, the exercise prices of the first option issuance for 157,422 units and the second option issuance for 67,466 units were adjusted to NT$9.73 and NT$14.01, respectively. As of December 31, 2010, in the first and second option issuance, there were 157,422 thousand and 67,466 thousand convertible stocks can be executed. And the accumulative convention were 105,599 thousand and 14,969 thousand stocks, respectively. As of December 31, 2009, in the first and second option issuance, there were 157,422 thousand and 67,466 thousand convertible stocks can be executed. And the accumulative convention were 94,034 thousand and 14,969 thousand stocks, respectively. Information about employee stock options was as follows: Number of Option (In Thousands) Year Ended December 31, 2010 Year Ended December 31, 2009 July 2003 December 2003 July 2003 December 2003 Weighted- Weighted- Weighted- Weighted- average Exercise (Price NT$) Number of Option (In Thousands) average Exercise (Price NT$) Number of Option (In Thousands) average Exercise (Price NT$) Number of Option (In Thousands) average Exercise (Price NT$) Balance, beginning of year 21,578 $ ,586 $ ,924 $ ,200 $14.13 Options exercised (11,565) (10,234) Options expired (10,013) - (33,586) - (6,112) - (3,614) - Balance, end of year , , Options exercisable, end of year ,578 33,586 The weighted-average stock price at the date of exercise for stock options exercised for the years ended December 31, 2010 and 2009 was NT$11.16 and NT$12.06, respectively. Employee stock options issued have expired in 2010, hence there were no outstanding options as of December 31, Information about outstanding options as of December 31, 2009 was as follows: Exercise Price (NT$) 2009 Weighted-average Remaining Contractual Life (Years) $

38 d. Earnings per share The numerators and denominators used in computing earnings per share were summarized as follows: Year ended December 31, 2010 Denominator Numerator (Amounts) (Shares in EPS (NT$) Pretax After Tax Thousands) Pretax After Tax Basic EPS Net income of common stockholders $ 5,378,776 $ 5,109,336 7,004,828 $ 0.77 $ 0.73 Influence on diluted common shares Preferred shares 6,287 6,287 70,000 Employee stock bonus Diluted EPS $ 5,385,063 $ 5,115,623 7,074,858 $ 0.76 $ 0.72 Year ended December 31, 2009 Basic EPS Net income of common stockholders $ 940,925 $ 907,801 6,990,773 $ 0.13 $ 0.13 Influence on diluted common shares Preferred shares 3,828 3,828 58,333 Employee stock bonus Diluted EPS $ 944,753 $ 911,629 7,049,112 $ 0.13 $ 0.13 The Accounting Research and Development Foundation issued Interpretation that requires companies to recognize bonuses paid to employees, directors and supervisors as compensation expenses beginning January 1, These bonuses were previously recorded as appropriations from earnings. If the Company may settle the bonus to employees by cash or shares, the Company should presume that the entire amount of the bonus will be settled in shares and the resulting potential shares should be included in the weighted average number of shares outstanding used in the calculation of diluted EPS, if the shares have a dilutive effect. The number of shares is estimated by dividing the entire amount of the bonus by the closing price of the shares at the balance sheet date. Such dilutive effect of the potential shares should be included in the calculation of diluted EPS until the shareholders resolve the number of shares to be distributed to employees at their meeting in the following year. e. Earnings distribution and dividend policy The Company s Articles of Incorporation provide that annual net income should be appropriated after deducting any accumulated losses and taxes, providing legal and special reserve, and offering employee bonus which should not be less than 1% of the balance. The board of directors will then propose to the stockholders meeting for appropriation of the reminder and retained earnings from previous year. The Company s Articles of Incorporation was revised on 2008 stockholders meeting, provide that annual net income should be appropriated after deducting any accumulated losses and taxes, providing legal and special reserve, and the remaining earnings will pay the accumulated and current year s dividend of Class-A preferred shares firstly, and the current year s dividend of Class-B preferred shares will be paid secondly and offering employee bonus and the remuneration to directors and supervisors which should not be less than 0.01% and 2%, respectively, of the balance. The board of directors will then propose to the stockholders meeting for appropriation of the remainder and retained earnings from previous year. Employee bonus can be distributed either in cash or in stock. If it is in stock, the beneficiaries can also include the employees of subsidiaries. The rules of distribution need to be resolved by the board of directors

39 To pursue growth and increase profitability, the Company will retain cash for capital needs. The dividend policy is to distribute most dividends in stocks. The cash dividends will be declared only when there is an excess of cash and cash dividends shall not be less than 10% of total dividend declared. Cash dividends and cash bonus are paid after the approval of the stockholders, while the distribution of stock dividends requires the additional approval of the authorities. For the years ended December 31, 2010 and 2009, the bonus to employees was $407 and $81, respectively, and the remuneration to directors and supervisors was $31,500 and $16,078, respectively. The amounts were estimated based on past experiences. If the actual amounts subsequently resolved by the shareholders differ from the proposed amounts, the differences are recorded in the year of shareholders resolution as a change in accounting estimate. Legal reserve shall be appropriated until it has reached the Company s paid-in capital. This reserve may be used to offset a deficit. When the legal reserve has reached 50% of the Company s paid-in capital, up to 50% thereof may be transferred to paid-in capital. Based on a directive issued by the Securities and Futures Bureau, an amount equal to the net debit balance of certain stockholders equity accounts (including unrealized revaluation increment, unrealized losses on financial instruments, net loss not recognized as pension cost, cumulative transaction adjustments) shall be transferred from unappropriated earnings to a special reserve. Any special reserve appropriated may be reversed to the extent of the decrease in the net debit balance. The appropriations of earnings for 2009 had been proposed in the stockholders meeting on June 18, The appropriations and dividends per share were as follows. Besides, if the following events happened which caused the change of dividend distribution rate before distribution date, the stockholders meeting resolved to authorize the board of directors to adjust dividend distributed accordingly: (a) conversion of employee stock option; (b) buy-back of treasury stock; (c) stockholders renouncement of their right to dividend and bonus distribution Appropriation of Earnings Dividend Per Share (NT$) Legal reserve $ 90,780 Special reserve 7,741 Cash dividends 809,211 $ $ 907,732 The bonus to employees of $81 and the remuneration to directors and supervisors of $16,078, which had been proposed in the stockholders meeting and was recognized in June 18, 2010, and there is no difference between the actual amounts and the proposed amounts. Special reserve $1,671,766 were reversed and legal reserve $3,028,832 were used to offset a deficit, which appropriations of earnings for 2008 had been approved in the stockholders meeting on June 19, As of March 14, 2011, the appropriations of earnings for 2010 are not been proposed in the board of directors. Information about the bonus to employees, directors and supervisors is available on the Market Observation Post System website of the Taiwan Stock Exchange

40 f. Unrealized revaluation gain or loss on financial instruments The movements of unrealized revaluation gain or loss on available-for-sale financial assets for the years ended December 31, 2010 and 2009, respectively are summarized as follows: Years Ended December 31 Balance, January 1 $ (125,169) $ (229,628) Recognized in stockholders equity 354, ,722 Transferred to profit or loss (106,764) (5,263) Balance, December 31 $ 122,392 $ (125,169) The movements of unrealized revaluation gain or loss on Unrealized Gains or Losses of Cash Flow Hedge for the years ended December 31, 2010 and 2009, respectively are summarized as follows: Years Ended December 31 Balance, January 1 $ 22,130 $ (69,621) Recognized in stockholders equity (48,315) 22,130 Transferred to profit or loss - 69,621 Balance, December 31 $ (26,185) $ 22, COMMISSIONS AND FEE REVENUES, NET Years Ended December 31 Commissions and fee revenues $ 9,830,889 $ 9,532,795 Commissions and fee expenses (1,064,397) (1,100,580) $ 8,766,492 $ 8,432, OPERATING EXPENSES Years Ended December 31 Personnel expenses Salaries and wages $ 8,112,527 $ 8,329,633 Pension 666, ,154 Labor insurance and national health insurance 506, ,355 Other personnel expenses 609, ,253 9,894,817 9,973,395 Depreciation 720, ,263 Amortization 147, ,012 Other operating expenses 4,819,693 4,736,308 $ 15,582,499 $ 15,744,

41 31. PENSION The Company has a defined benefit pension plan for all regular employees, which makes monthly contributions, on the basis approved by the authorities, to a pension fund administered by the pension fund monitoring committee. For the Company s employees choosing the pension mechanism regulated by the Labor Standard Law, the retirement payments shall be paid to employees on the basis of the following standard: (i) a lump sum payment of retirement payments equal to two base units shall be paid for each year of service (ii) provided that each year of service exceeding fifteen years shall be entitled to only one base unit of wage (iii) and that the maximum payment shall be forty-five base units. Any fraction of a year which is equal to or more than half a year shall be counted as one year of service, and any fraction of a year which is less than half a year shall be counted as half a year of service. The Company applied defined contribution plan regulated by Labor Pension Act after July 1, Under this Act, the Company contributed 6% of the employee salaries to the Labor Insurance Administration (according to this Act, the contribution rate by the employer to the Labor Pension Fund per month shall not be less than 6% of the employee s monthly wages). For the Company s employees choosing the pension mechanism regulated by the Labor Pension Act, the retirement payment is paid according to the related rulings of this Act. FENB has a 401(k) plan in which all employees of FENB may elect to enroll at the beginning of each month provided that they have been employed for at least three months prior to the enrollment date and reached age 21. Employees may contribute up to 100% of their annual salary with FENB matching up to 3% of the employee s annual salary. Since July 1, 2005, for those employees who still choose to be subject to the Labor Standard Law, Bank SinoPac makes monthly contributions, equal to 4% of employee salaries, to the severance payment fund. If the employees quit willingly, they still can receive the severance payment based on the severance payment criteria. On November 13, 2006, for those employees who joined the Bank owning to the merger and still choose to be subjected to the Labor Standard Law, the Bank made monthly contributions, equal to 4% of employee salaries, to the severance payment fund excluding those who are eligible for promoted or enforced retirement project. If the employees quit willingly, they still can receive the severance payment based on the severance payment criteria. For those employees who choose to be subject to the Labor Pension Act, Bank SinoPac ceases to contribute into severance payment fund. The amount of the cumulative contributions generated before applying the Labor Pension Act is summed up in the balance at that month and retained in the severance payment fund. The employees will receive the severance payment based on the severance payment criteria when they quit willingly. SinoPac Securities has pension and severance plans under Labor Standard Law for all its regular employees belonging to Defined Benefit Pension Plan. Following employees are entitled to receive retirement benefits: (i) those who have served either 25 years or over 15 years and are 55 years old; and (ii) those hired on or before May 19, 1997 and with more than 20 service years. In addition, employees hired on or before March 15, 1996 and have served at least five years are eligible to receive severance benefits. The pension and severance benefits are based on the average year fixed salary or wage before retirement or termination. SinoPac Securities makes monthly contributions, equal to 6% of basic salaries and wages (net of bonuses and benefits), to a pension fund. The Fund is administered by the employee s pension plan supervisors committee and deposited in the committee s name

42 SinoPac Futures and SinoPac Capital Management have defined benefit pension and severance plans under the Labor Standards Law for all regular employees. The pension benefits are based on the average years fixed salary or wage before retirement. SinoPac Futures and SinoPac Capital Management make monthly contributions of amounts based on a fixed ratio of gross salary to a pension fund. The fund is administered by the employee s pension plan committee and deposited in Cathay United Bank and bank of Taiwan in the committee s name. The Company and its domestic subsidiaries pension expense under the defined contribution pension plan were $251,980 and $243,343 for the years ended 2010 and 2009, respectively. Other information on the defined benefit pension plan of the Bank is as follows: a. Components of net pension cost for the years ended 2010 and 2009 were as follows: Years Ended December 31 Service cost $ 181,249 $ 178,553 Interest cost 139, ,456 Expected return on plan assets (58,202) (69,570) Curtailment or settlement losses - 50,632 Net amortization and deferral 152, ,740 Net pension cost $ 414,343 $ 426,811 b. The reconciliations of the funded status of the plan and accrued pension cost were as follows: December 31 Benefit obligation Vested benefit obligation $ 1,730,825 $ 1,565,591 Nonvested benefit obligation 2,985,070 2,702,731 Accumulated benefit obligation 4,715,895 4,268,322 Additional benefit based on future salaries 2,524,910 1,984,330 Projected benefit obligation 7,240,805 6,252,652 Fair value of plan assets (3,136,715) (2,787,537) Funded status 4,104,090 3,465,115 Unrecognized net transition obligation (2,888) (7,907) Unamortized prior service cost (271,385) (298,522) Unamortized pension loss (3,574,865) (2,877,275) Additional accrued pension liability 1,217,254 1,071,046 Accrued pension cost $ 1,623,925 $ 1,505,571 Prepaid pension cost $ 151,719 $ 153,114 December 31 c. Vested benefit $ 2,824,844 $ 2,574,

43 d. Actuarial assumptions December 31 1) Discount rate used in determining present value 2.25% 2.25% 2) Future salary increase rate 2.00%-3.50% 2.75%-3.00% 3) Expected rate of return on plan assets 2.00% 2.00% 32. INCOME TAX Under Article 49 of the Financial Holding Company Act and related directives issued by Ministry of Finance, a financial holding company and its domestic subsidiaries that held over 90% of shares issued by the financial holding company for 12 months within the same tax year may choose to adopt the linked-tax system for income tax filings. The Company adopted the linked-tax system for income tax and unappropriated earnings tax filings with its qualified subsidiaries since tax filings in a. The compositions of income tax expense were as follows: Years Ended December 31 Current income tax payable $ 500,416 $ 589,601 Changes in deferred income taxes (793,309) (2,150,828) Separation taxes 31, ,437 Adjustments for prior years tax 1, ,187 Overseas income taxes over limitation 9,763 63,578 Tax on unappropriated earnings (10%) - 63,154 Effect upon adoption of the linked - tax system (2,924) 119,101 Effect of tax law changes on deferred income tax 497, ,586 Others 24,718 (692) Income tax expense $ 269,440 $ 33,124 Income tax was based on taxable income from all sources. Foreign income taxes paid can be used as credits against the domestic income tax obligations to the extent of domestic income tax applicable to the related foreign-source income. b. Reconciliations of tax on pretax income at statutory rate and current income tax payable: Years Ended December 31 Tax on pretax income at statutory rate $ 1,158,143 $ 598,928 Add (deduct) tax effects of: Tax-exempt income (36,228) (854,509) Permanent difference (1,212,861) (1,242,665) Temporary difference 1,118, ,779 Investment tax credits used (42,843) - Loss carryforwards used (586,751) - Loss carryforwards 119,090 1,269,981 Others (16,247) (54,913) Current income tax payable $ 500,416 $ 589,

44 c. During the years ended December 31, 2010 and 2009, the Legislative Yuan passed the following amendments to tax laws: 1) In January 2009, the Legislative Yuan passed the amendment of Article 39 of the Income Tax Law, which extends the operating loss carryforward period from 5 years to 10 years. 2) In March 2009, the Legislative Yuan passed the amendment of Article 24 of the Income Tax Law, which requires (a) the profit-seeking enterprise that invests in short-term notes for which the issuance dates are on and after January 1, 2010 to include the interest income arising, which was taxed separately prior to January 1, 2010, in its taxable income; and (b) the profit-seeking enterprise that invests in beneficiary securities or asset-based securities issued under the Financial Asset Securitization Act or Real Estate Securitization Act to include from January 1, 2010 the interest income arising, which was taxed separately prior to January 1, 2010, in its taxable income. 3) In May 2009, the Legislative Yuan passed the amendment of Article 5 of the Income Tax Law, which reduced a profit-seeking enterprise s income tax rate from 25% to 20%, effective January 1, ) Under Article 10 of the Statute for Industrial Innovation (SII) passed by the Legislative Yuan in April 2010, a profit-seeking enterprise may deduct up to 15% of its research and development expenditures from its income tax payable for the fiscal year in which these expenditures are incurred, but this deduction should not exceed 30% of the income tax payable for that fiscal year. This incentive took effect from January 1, 2010 and is effective till December 31, The assessment calculated by the Company on December 31, 2010 has no income tax credits. 5) In May 2010, the Legislative Yuan passed the amendment of Article 5 of the Income Tax Law, which reduces a profit-seeking enterprise s income tax rate from 20% to 17%, effective January 1, d. Deferred income tax assets (liabilities) consisted of the tax effects of the following: December 31 Loss carryforwards $ 2,306,394 $ 3,398,645 Provision for bad debts over limitation 14,321 12,448 Unrealized gain or loss on foreign exchange and revaluation of financial instruments 239,370 (8,922) Deferred provisions 1,170, ,705 Pension 230, ,465 Deferred service charges (92,638) (110,339) Goodwill amortization (10,073) (17,878) Depreciation 62,195 - Loss carryforwards of overseas subsidiary 690, ,239 Others 22, ,390 Allowance for deferred income tax assets (118,818) (132,378) Deferred income tax assets $ 4,516,047 $ 4,868,375 Deferred provisions $ 57,168 $ 63,808 Pension (24,821) (29,641) Investment income under the equity investments - equity method (239,731) (650,672) Depreciation (2,522) (7,132) Others 10,943 (14,395) Deferred income tax liabilities $ (198,963) $ (638,032)

45 e. As of December 31, 2010 and 2009, the receivables of the Company resulting from the linked-tax system to its subsidiaries were $395,809 and $1,360,613, respectively. As of December 31, 2010 and 2009, the payables of the Company resulting from the linked-tax system to its subsidiaries were $1,443,191 and $1,506,808, respectively. f. Imputed tax credit information is as follows: Balances of ICA December 31 SPH $ 1,783,886 $ 75,333 Bank SinoPac 2,494,373 2,753,047 SinoPac Securities 228, ,686 SinoPac Life Insurance Agent 82, ,391 SinoPac Property Insurance Agent 3,674 14,175 SinoPac Futures 108, ,441 SinoPac Leasing 114,403 66,824 SinoPac Capital Management 5,388 5,388 Wal Tech International - 5,819 IntelliSys Corp. 2,785 2,749 SinoPac Venture Capital 4,858 2,502 SinoPac Securities Investment Trust The creditable tax ratios for earnings SPH 20.48% 33.33% Bank SinoPac 20.48% 33.33% SinoPac Securities 12.44% 27.61% SinoPac Life Insurance Agent 20.48% 41.15% SinoPac Property Insurance Agent 20.48% 40.01% SinoPac Futures 20.48% 39.98% SinoPac Leasing 20.48% - SinoPac Venture Capital 8.08% - SinoPac Securities Investment Trust % In 2010 and 2009, SinoPac Capital Management, and Intellisys Corp. have no distributable earnings due to the deficit, and do not compute the creditable tax ratios. SinoPac Leasing, and SinoPac Venture Capital in 2009 have no distributable earnings and do not compute the creditable tax ratios. Except for IBT, there is no company having unappropriated earnings before The unappropriated earnings of the IBT as of December 31, 2010 were $8,758. The unappropriated earnings are recorded as capital surplus due to merger. The Company s foreign shareholders are not entitled to the tax credit described in the preceding paragraph except those related to 10% taxes on undistributed retained earnings actually paid by the Company. Such taxes will be used to reduce the amount of the final withholding taxes on dividends paid to such foreign shareholders

46 g. The Company s income tax returns through 2005, had been examined by the tax authorities. On the income tax returns for the aforementioned years, the tax authorities had different opinion on if the Company s operating expense and interest expense can be definitely categorized into investment and investee business, therefore the amount of basic income increased $1,224,373. The Company had appealed the decision of the tax authorities. h. For Bank SinoPac, income tax returns through 2005, except those for 1996, had been examined by the tax authorities. On the income tax returns for the aforementioned years, the tax authorities denied the creditability of 10% withholding tax on interest income on bonds pertaining to the period when those bonds were held by other investors. Bank SinoPac reached an agreement with the Taipei National Tax Administration (TNTA) on the above appealing cases, in which TNTA would refund 65% of the withholding tax denied on the interest income on bonds to Bank SinoPac. Consequently, Bank SinoPac accrued 35% of the withholding tax denied on the interest income on bonds as income tax expenses, which were not refunded by tax authorities. i. For IBT, income tax returns through 2006 had been examined by the tax authorities. On the income tax returns for the aforementioned years, the tax authorities denied the creditability of 10% withholding tax on interest income on bonds pertained to the period those bonds were held by other investors. In 2003, IBT reached an agreement with the Taipei National Tax Administration (TNTA) on the above appealing cases, in which TNTA would refund 65% of the withholding tax denied on the interest income on bonds to IBT. Consequently, IBT accrued 35% of the withholding tax denied on the interest income on bonds as income tax expenses, which were not refunded by tax authorities. j. The income tax returns of SinoPac Securities through 2005, have been examined by the tax authorities. The tax authorities disallowed items, such as operating expenses and interest expenses allocated to the dealing department and assessment of warrants, as deductions against SinoPac Securities income tax obligations from 1999 to SinoPac Securities had filed an appeal on its 1999 to 2005 returns for the authorities reconsideration of the assessments. Even if this matter was still unresolved as of December 31, 2010, SinoPac Securities accrued the $1,637,068 assessment by the tax authorities as additional income tax expense and income tax payable and disbursed $1,637,068 in advance. The income tax returns of SinoPac Securities through 2006 to 2008 was still not examined by the tax authorities, SinoPac Securities accrued $154,221 for the probable assessment of warrants as additional income tax expense and income tax payable. The income tax returns of SinoPac Securities which was merged by SinoPac Securities through 2002 had been examined by the tax authorities. But the tax authorities disallowed assessment of warrants as deduction against SinoPac Securities income tax obligations for SinoPac Securities filed an appeal for a reconsideration of the assessments. Nevertheless, SinoPac Securities accrued the $47,355 assessment by the tax authorities as additional income tax expense and income tax payable. k. The situation of examined income tax returns for subsidiaries: Examined Year Formerly SinoPac Card Services 2005 SinoPac Call Center 2005 SinoPac Venture Capital 2005 SinoPac Management 2005 SinoPac Securities Investment Trust 2007 SinoPac Futures 2008 SinoPac Capital Management 2008 SinoPac Life Insurance Agent 2008 SinoPac Property Insurance Agent 2008 SinoPac Leasing 2008 IntelliSys Corp

47 l. As of December 31, 2010, loss carryforwards were as follows: The Company Year Occurred Expiration Year Amount 2007 (reported) 2017 $ 534, (reported) ,687, (reported) ,922 Bank SinoPac $ 2,370,597 Year Occurred Expiration Year Amount 2007 (reported) 2017 $ 3,347, (reported) ,166, (reported) ,522,078 SinoPac Venture Capital $ 11,036,094 Year Occurred Expiration Year Amount 2006 (reported) 2016 $ (reported) , (reported) ,592 IntelliSys Corp. $ 71,208 Year Occurred Expiration Year Amount 2006 (assessed) 2016 $ 18, (assessed) , (assessed) , (reported) , (estimated) ,253 $ 89,

48 33. RELATED-PARTY TRANSACTIONS In addition to those disclosed in other notes to the financial statement, relationships with the Company and its subsidiaries and significant transactions, as well as the subsidiaries related-party transactions are summarized as follows: Related Party Relationship with the Company and its Subsidiaries National Venture Capital Corp. (National Venture Capital) Affiliate of the director of SinoPac Management Co., BoardTek Electronics Corp. (BoardTek Electronics) Affiliate of the director of the Company Rung-Tzung Investment Corp. (Rung-Tzung Investment) Affiliate of the second-degree of kinship of the director of SinoPac Securities Yung An Leasing (Yung An Leasing) Affiliate of the director of the Company Taiwan Genome Sciences, Inc. Affiliate of the director of the Company Development Center for Biotechnology Affiliate of the director of the Company Hsinex International (Hsinex International) The director of the Company Chou Yu Company (Chou Yu) Affiliate of the director of the Company Yuen Foong Yu Paper Mfg. Co., (YFYPM) The director of the Company Honghsin Investment Co., (Honghsin Investment) The director of the Company Yuen Foong Paper Co., (YFP) Affiliate of the second-degree of kinship of the director of the Company Yuen Foong Yu Consumer Products Co., (YFYCP) Affiliate of the director of the Company Chung Hwa Pulp Corp. (Chung Hwa Pulp) Affiliate of the director of the Company Taiwan Global BioFund (TGB) Affiliate of the director of the Company Formosan Rubber Group Inc. Affiliate of the director of the Company Green & Safe, Yuen Foong Yu Group (GS,YFY) Affiliate of the director of the Company Prime View International Co., (Prime View) Affiliate of the director of the Company Foxsemicon Integrated Technology Inc. (Foxsemicon) Affiliate of the director of the Company Yuen Foong Industrial Co., (Yuen Foong Industrial) Affiliate of the director of the Company National Electronic Appliance Co., (National Affiliate of the director of the Company Electronic) Panasonic Marketing Sales Taiwan Co., (Panasonic Affiliate of the director of the Company Marketing) Union Paper (Union Paper) Affiliate of the director of the Company Shen s Art Print Co., (Shen s Art) Affiliate of the supervisor of the Company Rui Fu Development Co., (Rui Fu Development) Affiliate of the supervisor of the SinoPac Securities Hsin-Yi Foundation Affiliate of the director of the Company Rui Jin International Co., (Rui Jin International) Affiliate of the director of the Company China Color Printing Co., (China Color) Affiliate of the director of the Company YFY Capital Co., Affiliate of the director of the Company Chen Hsi Invest Co., Affiliate of the supervisor of the Company Sino Cell Technologies Affiliate of the director of the Company Lr Ventures Co., Affiliate of the director of the Company Hydis Technologies Co., (Hydis) Affiliate of the director of the Company Hydis Japan Co., (Hydis Japan) Affiliate of the director of the Company SinoPac Small & Medium Fund Fund managed by SinoPac Securities Investment Trust Co., SinoPac TWD Money Market Fund Fund managed by SinoPac Securities Investment Trust Co., SinoPac Fund Fund managed by SinoPac Securities Investment Trust Co., (Continued)

49 Related Party SinoPac Global Investment Grade Bond Fund SinoPac USD Money Market Fund SinoPac Hi-Tech Fund SinoPac Greater China Fund SinoPac Asia Consumer Fund SinoPac Luxury and Lifestyle Fund SinoPac World Bond Selection Fund SinoPac Strategic Allocation Balanced Fund SinoPac Global Emerging Markets Fund Ho, Shou Chuan Chang, Xing Ru Chang, Wan Ru Lin Xu, Li Hung Lin, Hsiao Fen Hsu Cheng Tsai Chen, Yu Chien Chen Hsu, Yu Rong Zhung, Dau Cheng Jhuo, Shu Lin Chang, Ping Zhon Lin, Jian Ying Huang, Shion Jyuan Shiung, Jr Gang Chen, Jhih Wen Ji, Ying Huei Guo, Kai Wei Guo, Fong Yuan Chiang, Yen Jung Guo, Ling Ling Zhung, Ji Cheng Luo, Guang Tsai Hong, Wen Jing Ci, Siou Jyuan Huang, Yuan Chuan Hong, Siou Huei Relationship with the Company and its Subsidiaries Fund managed by SinoPac Securities Investment Trust Co., Fund managed by SinoPac Securities Investment Trust Co., Fund managed by SinoPac Securities Investment Trust Co., Fund managed by SinoPac Securities Investment Trust Co., Fund managed by SinoPac Securities Investment Trust Co., Fund managed by SinoPac Securities Investment Trust Co., Fund managed by SinoPac Securities Investment Trust Co., Fund managed by SinoPac Securities Investment Trust Co., (was merged with SinoPac High ROE & Dividend Balanced Fund in August 2010 and surviving with SinoPac High ROE & Dividend Balanced Fund.) Fund managed by SinoPac Securities Investment Trust Co., President of SPH The spouse of the president of SPH The second-degree of kinship of the president of SPH The spouse of SinoPac Securities' director The director of SinoPac Capital Management Corp. The director of SPH The director of SPPIA The second-degree of kinship of the director of SPPIA Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank (Continued)

50 Related Party Relationship with the Company and its Subsidiaries Huang, Lien Cheng Li, Chih Neng Guo, Ling Shan Lyu, Shu Fang Lyu, Zhong Xiong Huang, Yung Kuang Lin, Shin Shin Hong, Jeng An Chang Zhen Ming Zhung, Ching Lin Liao, Chih Meng Liang, Ya Zi Huang, Wei Ming Chuang, Ming En Chang, Yu His Li, Qing Hsan Kao, Kuo Hsing Sha, Nai Chun Lyu, Zhou Er Huang, Ming Hua Li, Qing Feng Chiang, Shang De Li, Liang Lien, His Chuan Yang, Jhih Fa Wu, Zong Xian Lin, Xiu Yuan Chang, Tian Jun Yang, Qing Long Deng, Ai Hua Lai, Li Ru Chen, Jian Zhou Others Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank Manager of SinoPac Bank SPH s directors, supervisors, managers and their relatives, department chiefs, the investees accounted for by the equity method and their subsidiaries, and the investees of SPH s other subsidiaries, etc. (Concluded) a. Financial assets at fair value through profit or loss Ending Balance % of Total December 31 December 31 Mutual fund - SinoPac Strategic Allocation Balanced Fund $ - $ 36, %

51 b. Accounts, interest, other receivables and payables As of December 31, 2010 and 2009, related parties receivables of SinoPac Securities and its subsidiaries were $1,105 and $1,688, respectively. As of December 31, 2010 and 2009, related parties receivables of SPL and its subsidiaries were $173,739 and $67, respectively. Related parties receivables of SinoPac Securities Investment Trust were as follows: December 31 Amount % Amount % SinoPac Fund $ 6, $ 8, SinoPac Small & Medium Fund 6, , SinoPac Asia Consumer Fund 4, ,318 - SinoPac Global Emerging Markets Fund 4, SinoPac Global Investment Grade Bond Fund 2, SinoPac Luxury and Lifestyle Fund 2,312-2,505 - SinoPac TWD Money Market Fund 1,583-2,207 - SinoPac Greater China Fund 1,463-1,729 - SinoPac Hi-Tech Fund 1,145-1,636 - Others 4, , For SPH, the receivables, as of December 31, 2010 and 2009, resulting from the linked-tax system to its subsidiaries were $395,809 and $1,360,613, respectively. The payables, as of December 31, 2010 and 2009, resulting from the linked-tax system to its subsidiaries were $1,443,191 and $1,506,868, respectively. c. Loans Ending Balance Highest Balance December 31, 2010 % of Total Rate of Interesting or Commission Fee Interest Income Loans $ 1,971,933 $ 2,466, $ 32,927 Category Account Volume or Name of Related Party Highest Balance Year Ended December 31, 2010 Ending Balance Normal Overdue Type of Collaterals Is the Transaction at Arm s Length Commercial Term Employees consuming loan Households mortgages loan Others: 34 $ 15,829 $ 12,626 V - None None 226 1,571,988 1,250,512 V - Real estate None BoardTek 410, ,554 V - Real estate None Electronics Rung-Tzung 246, ,000 V - Real estate None Investment Yung An Leasing 198, ,800 V - Real estate None Taiwan Genome 9,500 - V - Real estate None Sciences, Inc. Chen Hsu, Yu Rong 6,370 4,441 V - Real estate None Jhuo, Shu Lin 4,214 - V - Certificate of deposit None (Continued)

52 Category Account Volume or Name of Related Party Highest Balance Year Ended December 31, 2010 Ending Balance Normal Overdue Type of Collaterals Is the Transaction at Arm s Length Commercial Term Lai, Li Ru $ 982 $ - V - Certificate of deposit None Chang, Zhen Ming V - Certificate of deposit None Liang, Ya Zi V - Certificate of deposit None Lin Xu, Li Hong V - Certificate of deposit None Huang, Wei Ming V - Certificate of deposit None Chang, Ping Chou V - Certificate of deposit None Lin, Jian Ying 47 - V - Certificate of deposit None Zhong, Dau Cheng 22 - V - Certificate of deposit None Huang, Shiou Jyuan 17 - V - Certificate of deposit None Guo, Kai Wei 5 - V - Certificate of deposit None Deng, Ai Hua 5 - V - Certificate of deposit None Others subtotal 878, ,795 $ 2,466,811 $ 1,971,933 Ending Balance Highest Balance December 31, 2009 % of Total Rate of Interesting or Commission Fee (Concluded) Interest Income Loans $ 2,172,062 $ 3,174, $ 40,504 Category Account Volume or Name of Related Party Highest Balance Year Ended December 31, 2009 Ending Balance Normal Overdue Type of Collaterals Is the Transaction at Arm s Length Commercial Term Employees consuming loan Households mortgages Others: 36 $ 17,123 $ 10,130 V - None None 228 1,507,299 1,194,884 V - Real estate None BoardTek 926, ,354 V - Real estate None Electronics Rung-Tzung 246, ,671 V - Real estate None Investment Yung An Leasing 226, ,800 V - Real estate None Yuen Foong 200, ,000 V - Real estate None Industrial Development 30,000 - V - Real estate None Center for Biotechnology Taiwan Genome 4,000 4,000 V - Real estate None Sciences, Inc. Chen Hsu, Yu Rong 6,734 5,338 V - Real estate None Guo, Kai Wei 3,354 5 V - Certificate of deposit None Jhuo, Shu Lin 2,857 1,880 V - Certificate of deposit None Guo, Fong Yuan 2,100 - V - Certificate of deposit None Chen, Jhih Wen V - Certificate of deposit None Shiung, Jr Gang V - Certificate of deposit None Lin Xu, Li Hong V - Certificate of deposit None Ji, Ying Huei 99 - V - Certificate of deposit None Liang, Ya Zih 74 - V - Certificate of deposit None Zhong, Dau Cheng 54 - V - Certificate of deposit None Chen, Jian Jhou 36 - V - Certificate of deposit None Lin, Hsiao Fen 25 - V - Certificate of deposit None Chang, Tian Yun 23 - V - Certificate of deposit None Others subtotal 1,650, ,048 $ 3,174,602 $ 2,172,

53 d. Available-for-sale financial assets: Ending Balance % of Total December 31 December 31 Beneficiary certificate SinoPac Asia Consumer Fund $ 60,154 $ 61, % 0.16% SinoPac Global Emerging Markets Fund 50, % - SinoPac Fund 23, % - SinoPac TWD Money Market Fund 18,841 18, % 0.05% SinoPac Greater China Fund 4, % - e. Guarantees December 31, 2010 Related Party The Highest Balance in Current Period Ending Balance Provision Rates Type of Collaterals Note Luo, Guang Tsai $ 420 $ 5 $ %-1.71% None Note Hong, Wen Jing %-1.71% None Note Li, Qing Hsan %-1.71% None Note Lien, His Chuan %-1.71% None Note Kao, Kuo Hsing %-1.71% None Note Sha, Nai Chun %-1.71% None Note Lyu, Zhong Xiong %-1.71% None Note Chuang, Ming En %-1.71% None Note Chiang, Yen Jung %-1.71% None Note Zhung, Ji Cheng %-1.71% None Note Lin, Shin Shin %-1.71% None Note Lyu, Zhou Er %-1.71% None Note Ci, Siou Jyuan %-1.71% None Note Huang, Wei Ming %-1.71% None Note Huang, Yung Kuang %-1.71% None Note Ji, Ying Huei %-1.71% None Note Zhung, Ching Lin %-1.71% None Note Lyu, Shu Fang %-1.71% None Note Chen, Yu Chien %-1.71% None Note Huang, Yuan Chuan %-1.71% None Note Chang, Yu His %-1.71% None Note Liao, Chih Meng %-1.71% None Note Huang, Lien Cheng %-1.71% None Note Huang, Ming Hua %-1.71% None Note Kuo, Ling Ling %-1.71% None Note Li, Chih Neng %-1.71% None Note Hong, Jeng An %-1.71% None Note Li, Qing Feng %-1.71% None Note Note: The listed twenty-eight guarantees were consuming loans for employees

54 December 31, 2009 Related Party The Highest Balance in Current Period Ending Balance Provision Rates Type of Collaterals Note Luo, Guang Tsai $ 555 $ 420 $ %-2.75% None Note Hong, Wen Jing %-2.75% None Note Huang, Lien Cheng %-2.75% None Note Yang, Jhih Fa %-2.75% None Note Lin, Shin Shin %-2.75% None Note Lyu, Zhong Xiong %-2.75% None Note Ci, Siou Jyuan %-2.75% None Note Jiang, Yan Rong %-2.75% None Note Hung, Jeng An %-2.75% None Note Huang, Chuan Yuan %-2.75% None Note Zhung, Ji Cheng %-2.75% None Note Li, Chih Neng %-2.75% None Note Lyu, Shu Fang %-2.75% None Note Guo, Ling Shan %-2.75% None Note Jung, Ching Lin %-2.75% None Note Chuang, Ming En %-2.75% None Note Hong, Siou Huei %-2.75% None Note Chi, Ying Huei %-2.75% None Note Huang, Wei Ming %-2.75% None Note Huang, Yung Kuang %-2.75% None Note Liao, Chih Meng %-2.75% None Note Jiang, Shang De %-2.75% None Note Lu, Chou Er %-2.75% None Note Chen, Yu Chien %-2.75% None Note Yang, Ching Lung %-2.75% None Note Kuo, Ling Ling %-2.75% None Note Wu, Tsung Hsien %-2.75% None Note Lin, Hsiu Yuan %-2.75% None Note Lee, Liang %-2.75% None Note Note: The listed twenty-nine guarantees were consuming loans for employees. f. Other Assets December 31 Amount % Amount % SinoPac Leasing and other related parties Hydis Japan $ 211, % $ - - SinoPac Securties and other related parties Chung Hwa Plup National Electronic

55 g. Securities sold under repurchase agreements For the Year Ended December 31, 2010 December 31, 2010 Interest Face Amount Cost Expense Ho, Shou Chuan $ 180,000 $ 178,028 $ 392 Chang, Xing Ru Chang, Wan Ru For the Year Ended December 31, 2009 December 31, 2009 Interest Face Amount Cost Expense Ho, Shou Chuan $ 179,000 $ 178,481 $ 948 Chang, Xing Ru 129, , Chang, Wan Ru 63,000 64, Repurchase agreement between SinoPac Securities and other related parties: For the Year Ended December 31, 2010 December 31, 2010 Interest Face Amount Cost Expense Honghsin Investment $ 1,000 $ 1,001 $ 1 National Electronic For the Year Ended December 31, 2009 December 31, 2009 Interest Face Amount Cost Expense Honghsin Investment $ 1,200 $ 1,201 $ 2 National Electronic h. Credit extended and deposits taken and placed December 31 % of Years Ended % of Account December 31 Interest Account Amount Balance Interest Rate (%) Expense Balance 2010 $ 9,420, $ 71, ,370, ,

56 i. Other liabilities December 31 Amount % of Account Balance Amount % of Account Balance SinoPac Leasing and other related parties Hydis $ 25, $ - - SinoPac Securities and other related parties YFYPM Chung Hwa Pulp Prime View j. Administrative fees Year Ended December 31, 2009 Amount % SinoPac Management National Venture Capital $ 3,285 ( 1.22 ) k. Operating Expenses December 31 Amount % of Account Balance Amount % of Account Balance SinoPac Management GS,YFY $ $ - - SinoPac Securities and other related parties GS,YFY 3, , YFYCP Panasonic Marketing YFP 4, , China Color 1, l. Professional service fees and advisory charges SinoPac Securities have business transaction between affiliates. The commissions and fees received for the years ended December 31, 2010 and 2009 amounted to $20,729 and $25,378, respectively. The commissions and fees paid for the years ended December 31, 2010 and 2009 amounted to $349 and $932, respectively. The agency fee received for the years ended December 31, 2010 and 2009 amounted to $10,365 and $10,120, respectively. The commissions and fees received by SinoPac Securities Investment Trust in accordance with the securities investment trust deed for the years ended December 31, 2010 and 2009 amounted to $374,001 and $368,576, respectively. The commissions and fees received by SinoPac Securities Investment Trust in raising funds for the years ended December 31, 2010 and 2009 amounted to $9,683 and $9,991, respectively

57 m. Rental interest income Years Ended December 31 Amount % Amount % SinoPac Leasing and other related parties Hydis $ 22, $ - - n. Realized gains (losses) from available-for-sale financial assets Years Ended December 31 Amount % Amount % SinoPac Venture Capital SinoPac Asia Consumer Fund $ 9, $ - - SinoPac Small & Medium Fund 4, , SinoPac Fund - - 8, SinoPac World Bond Selection Fund - - (1,722) (17.25) SinoPac Securities Investment Trust SinoPac Asia Consumer Fund 1, SinoPac Fund 1, , SinoPac Small & Medium Fund , o. Commission and fee revenues, net Years Ended December 31 Amount % Amount % SinoPac Securities Investment Trust Chou Yu $ $ Hsinex International Others p. Lease SinoPac Leasing as a lesser Rent Revenue Years Ended December 31 YFYPM $ 941 $

58 q. Status of acquiring stocks from related-parties: December 31, 2010 Shares (Thousand) Costs Face Value Prime View 8,553 $ 511,688 $ 505,482 YFYPM 1,187 17,054 17,746 Chung Hwa Pulp ,412 12,520 Asia Cement $ 543,012 $ 536,610 December 31, 2009 Shares (Thousand) Costs Face Value Chung Hwa Pulp 1,500 $ 23,680 $ 22,500 Asia Cement ,624 10,627 $ 34,304 $ 33,127 r. Compensation of directors, supervisors and management personnel; please refer to annual report for the detail information. Salary and compensation $ 201,145 $ 190,384 Business-conducting expense 19,098 15,839 s. Related parties transactions at prices of over $100,000 Bank SinoPac 1) Derivative financial instruments $ 220,243 $ 206,223 December 31, 2010 Contract (Notional) Contract Balance Sheet Amount Period Fair Value Account Balance Currency swap contracts SinoPac Capital (H.K.) $ 850, FENB 262, Grand Capital 317, Interest rate swap contracts SinoPac Securities 36,365, Forward contracts Grand Capital 106, $ 29 Financial assets at fair value through profit or loss (12) Financial liabilities at fair value through profit or loss 50 Financial assets at fair value through profit or loss (63,083 ) Financial liabilities at fair value through profit or loss 10 Financial assets at fair value through profit or loss $ 29 (12) 50 (63,083)

59 December 31, 2009 Contract (Notional) Contract Balance Sheet Amount Period Fair Value Account Balance Currency swap contracts SinoPac Capital (H.K.) $ 929, Interest rate swap contracts SinoPac Securities 18,280, $ 40 Financial assets at fair value through profit or loss (46,585 ) Financial liabilities at fair value through profit or loss $ 40 (46,585 ) 2) As of December 31, 2010 and 2009, Bank SinoPac s estimated receivables resulting from the adoption of the linked-tax system amounted to $1,420,328 and $1,489,569, respectively. Bank SinoPac s dividends payable to SPH amounted to $1,435,025 as of December 31, ) Loans Ending Balance Highest Balance % of Total Interest/ Fee Rates Interest Revenue Year ended December 31, 2010 $ 5,331,605 $ 7,915, $ 152,068 Year ended December 31, 2009 $ 3,992,062 $ 5,494, $ 43,121 4) Guarantees The Highest Balance in Current Period Ending Balance Rates December 31, 2010 $ 4,685 $ 2, %-1.71% December 31, 2009 $ 385,380 $ 3, %-2.75% 5) To comply with the reorganization of SPH, the equity investment under equity method on SPL held by Bank SinoPac had transferred to SPH at book value amounting to $1,472,952 in ) Securities purchased under agreements to resell December 31, Face Interest Amount Cost Revenue SinoPac Capital (Asia) $ 944,233 $ 849,555 $ 2,034 7) Securities sold under agreements to repurchase December 31, Face Interest Amount Cost Expense Ho, Shou Chuan $ 180,000 $ 178,028 $

60 December 31, Face Interest Amount Cost Expense Ho, Shou Chuan $ 179,000 $ 178,481 $ 948 Chang, Xing Ru 129, , ) Deposits Ending Balance % of Total Interest Rates Interest Expense Year ended December 31, 2010 $ 16,591, %-13% $ 98,836 Year ended December 31, 2009 $ 14,102, %-13% $ 145,109 9) Rental fees rendered from Bank SinoPac to its related parties in 2010 and 2009 amounted to $113,909 and $113,915, respectively. 10) Professional advisory charges Bank SinoPac and former SinoPac Card Services Co., had entered into several professional advisory contracts with its investees. The professional advisory charges paid for the years ended December 31, 2010 and 2009 amounted to $183,246 and $200,848, respectively. 11) Compensation of directors, supervisors and management personnel; please refer to annual report for the detail information. Salary and compensation $ 153,454 $ 188,299 SinoPac Securities 1) Bank deposits December 31 Amount % Amount % Bank SinoPac $ 2,608, $ 1,132, Bank deposits included cash and cash equivalents, cash in banks - settlement. 2) Financial assets held for trading December 31 Amount % Amount % SinoPac Futures $ 233, $ 247, Bank SinoPac $ 210, $ 170, Financial liabilities held for trading Bank SinoPac $ 145, $ 123,

61 As of December 31, 2010 and 2009, SinoPac Securities entered into an IRS contract with Bank SinoPac. The nominal amount is $36,365,000 and $18,280,000, respectively. The valuation gain is $65,882 and $12,846, respectively, for the years ended December 31, 2010 and ) Restricted assets - current December 31 Amount % Amount % Bank SinoPac $ 1,302, $ 1,723, ) Commissions and fees SinoPac Futures $ 145, $ 142, December 31 5) Salaries, bonuses, compensation and other reimbursement $ 142,777 $ 157,960 SinoPac Leasing 1) Bank deposits December 31 Amount % Amount % Bank SinoPac $ 172,108 - $ 36,107-2) Borrowings Bank SinoPac $ 2,158,000 - $ 1,820,000-3) As of December 31, 2010 and 2009, applications to borrowings and guarantees from Bank SinoPac for SinoPac Leasing amounted to $2,575,000 and $2,687,000, respectively. Respective real estate and ship assets of $1,056,609 and $1,066,201 were provided as collaterals for borrowings and issuance of commercial paper. 4) Rental income December 31 Amount % Amount % Bank SinoPac $117,030, $113,964, ) Bank SinoPac solds 137 lots of land located at Xi-Zhou-Liao Subsection, Bao-Chang-Ken Section and Qie-Dong-Jiao Section Xizhi City, Taipei County to SPL, another subsidiary of SPH, at the price of $3,241,943. The gain from disposal of the land was $2,693,234. The uncollected amount of the proceeds $2,593,554 was recorded as receivables from related parties as of December 31,

62 SinoPac Venture Capital December 31 Amount % Amount % 1) Bank deposits Bank SinoPac $ 1,009, $ 1,076, ) To comply with the reorganization of the Company, a part of unquoted equity instruments on Maxima Ventures I, Inc., Taiwan held by Wal Tech International in 2009 had transferred to SinoPac Venture Capital at book value amounting to $105,350. SinoPac Call Center December 31 Amount % Amount % Bank deposits Bank SinoPac $ 58, $ 122, Operating revenues and gains Bank SinoPac $ 180, $ 199, PLEDGED OR MORTGAGED ASSETS The pledged or mortgaged assets of the Company as of December 31, 2010 and 2009 are summarized as follows: December 31 Company Restricted Assets Object Purposes Bank SinoPac and its subsidiaries SinoPac Leasing and its subsidiaries SinoPac Securities and its subsidiaries Discounts and loans Loans $ 2,284 $ - Pledged with the Federal Reserve Bank under the discount window program Available-for-sale - financial assets Government bonds 539, ,892 Pledged to bank as collaterals for filing provisional seizure, GTSM as bond payment settlement reserves for Available-for-sale - financial assets Held to maturity investments electronic bond trading system. GSE bonds 320,184 32,683 Pledged to Federal Reserve Bank and Federal Home Loan Bank as loans guarantee GSE bonds and municipal bonds 1,481,619 - Pledged to Federal Reserve Bank and Federal Home Loan Bank as loans guarantee Held to maturity investments Government bonds 187, ,233 Hong Kong branch s clearing system of real - time gross settlement Held to maturity investments Certificate of deposits 145, ,150 Pledged in accordance with requirements of the California Department of Financial Institutions Properties Land 3,244,847 - Loan collateral Other assets - leased assets Financial assets at fair value through profit or loss Surface rights, 1,606,643 1,647,295 Loan collateral building Government bond 50,003 62,317 Provided as operating deposit (Continued)

63 December 31 Company Restricted Assets Object Purposes Other assets - restricted assets Demand deposits and time deposits - current $ 571,197 $ 962,730 Assets pledged to financial institutions as guarantees for commercial paper issued, short-term and long-term borrowings and bank overdraft, and to the tax authorities as guarantees on petitions for tax reassessment filed Properties Land and building 415, ,145 Assets pledged to financial institutions as guarantees for commercial paper issued, short-term and bank overdraft, and to the tax authorities as guarantees on petitions for tax reassessment filed Other asset - leased asset Land and building 204, ,173 Assets pledged to financial institutions as guarantees for commercial paper issued, short-term and bank overdraft, and to the tax authorities as guarantees on petitions for tax reassessment filed (Concluded) 35. CUSTOMER S COLLATERAL SECURITIES AND STOCK LOANS December 31 Shares in Market Shares in Market Thousands Value Thousands Value Collateral securities 1,128,999 $ 36,186,144 1,019,731 $ 32,093,760 Stock loans 57,425 2,797,808 70,963 3,301,697 Refinancing stock loans 163 5,429 1,932 56,906 The market values were based on the closing prices on the last trading days in December 2010 and CONTINGENCIES AND COMMITMENTS Contingencies and commitments of the Company and its subsidiaries, in addition to those disclosed in other footnotes to financial statements, are summarized as follows: a. Lease contracts Under different operating lease agreements, the Company and its subsidiaries leased certain office premises for periods ranging from one month to 15 years, with rentals paid monthly, quarterly or annually. Rentals for the next five years are as follows: Year Amount 2011 $ 528, , , , ,339 Rentals for the years beyond 2015 amounted to $591,321, the present value of which is about $515,306, as discounted at the one-year time deposit rate in Bank SinoPac of 1.13%. SinoPac Leasing leased building surface right for 44 years from February 2005 to February 2049, rental paid annually. Contracted rental equals to 5% of the announced land values

64 b. Equipment purchase contracts Bank SinoPac has entered into contracts to purchase equipment and office equipment for $696,732, of which $354,858 has been paid as of December 31, c. Bank SinoPac s Hong Kong branch was delegated by professional investors to sell investment products of PEM GROUP amounting to US$146,000 thousand in private placement, which was allowed under Hong Kong s regulations. The Court appointed permanent receiver for all assets that belong to, are being managed by, or in the possession of or control of PEM GROUP and any of their subsidiaries and affiliates. If the products aforementioned fail to repay at maturity due to deceptive underlying assets, Bank SinoPac will buy back those products at the price of initial payment deducted the distribution and redemption. As far, Bank SinoPac investigate internally and externally, delegate the lawyer and inform the related investors simultaneously to solve the problem. In accordance with aforementioned principle, the board of directors have resolved on December 24, 2010 to comply with the Courts appointment of the PEM GROUP receiver to take the insurance policy at the price of approximately US$40.4 million, and impairment losses amounting to US$11,152 thousand has been charged. As of December 31, 2010, US$78,936 thousand of the accumulated impairment losses has been set aside. d. Contingencies 1) The Securities and Futures Investors Protection Center (SFIPC) filed a lawsuit against Bank SinoPac and SPL s subsidiary, Grand Capital, in the ground that Procomp Informatics provided deposit US$10,000 thousand in the Bank SinoPac s Shisung Branch (formally Sungshan Branch) and limited the usage as a condition for short-term loan to Addie International Limited granted by SPL and for helping Yeh, Sue-Fei and Procomp Informatics processing irregular trading and appropriating the aforementioned limited deposit for fictitious sales. Finally took compensation from Procomp Informatics s account, causing Procomp s damage. And Bank SinoPac was suspected of misleading investors by providing unreal confirmations for conceal with the limited deposit of the Procomp and window-dressing its financial statements. The SFIPC filed a lawsuit against Bank SinoPac, SPL and all other parties related to Procomp Informatics for involving compensation of $4.17 billion. The Shihlin District Court rejected the SFIPC s lawsuit against Bank SinoPac and SPL on March 11, SFIPC has filed an appeal. Bank SinoPac has entered a plea on such charges and the case is under trying in the Taiwan High Court. 2) The SFIPC filed a lawsuit against Bank SinoPac in the ground that National Aerospace Fasteners provided an accounts receivable - factoring with Bank SinoPac s Tunpei Branch and recorded the substantially loan transaction as an accounts receivable financing activity to window-dress its financial position which the investors made their investment decision based on. The SFIPC filed a lawsuit against Bank SinoPac and all other parties for a compensation of $5.7 hundred millions. Bank SinoPac has entered a plea on such charges and the case is under trying in the Taipei District Court. 3) The FSC imposed a disciplinary, FSC (6) , dated December 23, 2005 for restraining Bank SinoPac from developing new clients of accounts receivable factoring activities (except for authorized limit of original clients) in the period of January to June 2006, due to believing Bank SinoPac accommodated client to increase bank deposit falsely for window dressing the clients financial reports, and not sufficiently disclosed the restricted deposit for CPA confirmation. Not willing to accept the aforementioned disciplinary as final, Bank SinoPac has been appealed to Executive Yuan, but it was rejected, FSC , at July 17, For aforementioned disciplinary and appeal decision, Bank SinoPac filed an administrative lawsuit, but the Taipei High Administrative Court determined Bank SinoPac lost on July 5, On August 27, 2009, the Superme Administrative Court judged that the aforementioned judge shall be abolished and remanded. After the initial trial, the Taipei High Administrative Court has ruled against the bank on October 12, 2010, and the bank has appealed the ruling with the High Administrative Court

65 4) On behalf of the investors of Cheng-Yi Food Co. (CYF) with respect to its initial public offering (IPO), the Securities and Futures Institute (SFI) filed a civil case against CYF and the major and sub-underwriters (SinoPac Securities being a sub-underwriter in the IPO) of CYF. The damages claimed by SFI amounted to $71,018 plus 5% interest. After the trial at the high court of first instance on November 30, 2006, the high court determined that the won the lawsuit. However, the plaintiff appeal to a higher court with the damages claimed decreased as $55,485. According to SinoPac Securities legal counsel opinion, SinoPac Securities believes that SinoPac Securities cannot be held liable for losses incurred by the investors since its role as a sub-underwriter to the CYF IPO is limited only to the distribution of CYF shares and it does not advise CYF on the IPO. 5) Mr. Wu, the s brokerage client, sued the former employee of the SinoPac Securities, Mr. Yeh, for embezzlement and forgery of document and claim SinoPac Securities to be a codefendant in the civil compensate liability to $7,000 thousand, and added to $33,243 thousand thereafter. After the trail at the local court of first instance on July 7, 2010, the local court determined that SinoPac Securities should shoulder related compensation responsibility with Mr. Yeh in the range of $4,705 thousand and rejected other requests plaintiff to SinoPac Securities. On the basis of conservative principle, SinoPac Securities had estimated compensation losses of $4,705 thousand and interest expense of $606 thousand that should be afforded. However, after the discussion with lawyers, there were some contradictions in the judgement reason, SinoPac Securities had put forward appeal to Taiwan High Court. 37. CAPITAL ADEQUACY RATIO Under the Financial Holding Company Act and related regulations, a financial holding company should maintain a consolidated capital adequacy ratio (CAR) of at least 100%. Thus, if a financial holding company s consolidated CAR falls below 100%, the authorities may prohibit it from declaring cash dividends or distributing other properties. In certain conditions, the authorities may impose other penalties on the company. As of December 31, 2010 and 2009, consolidated CARs of SPH were as follows: a. Consolidated capital adequacy ratio Entities December 31, 2010 Item (In Thousands of New Taiwan Dollars, %) Percentage of Ownership Group s Net Eligible Capital Group s Statutory Capital Requirement SPH 100% $ 86,625,476 $ 94,101,000 Bank SinoPac 100% 74,114,055 49,818,787 SinoPac Securities 100% 15,145,200 6,714,521 SinoPac Leasing 100% 2,772,081 5,638,065 SinoPac Venture Capital 100% 2,977,729 1,481,588 SinoPac Management 100% 70,423 38,743 SinoPac Call Center 100% 66,748 53,271 SinoPac Securities Investment Trust 100% 487, ,837 Deduction ( 105,274,936 ) ( 92,402,149 ) Subtotal (A) 76,984,103 (B)65,739,663 Consolidated CARs of SPH (C)=(A) (B) (C) 117%

66 Entities December 31, 2009 Item (In Thousands of New Taiwan Dollars, %) Percentage of Ownership Group s Net Eligible Capital Group s Statutory Capital Requirement SPH 100% $ 82,707,950 $ 89,161,938 Bank SinoPac (Note) 100% 72,432,688 48,105,991 SinoPac Securities 100% 14,810,823 6,795,129 SinoPac Leasing 100% 2,638,974 6,252,488 SinoPac Venture Capital 100% 2,927,616 1,458,476 SinoPac Management 100% 51,171 31,774 SinoPac Call Center 100% 131,843 89,530 SinoPac Securities Investment Trust 100% 477, ,514 Deduction (100,290,077) (88,915,122) Subtotal (A) 75,888,607 (B) 63,273,718 Consolidated CARs of SPH (C)=(A) (B) (C) 120% b. Financial holding companies net eligible capital December 31, 2010 (In Thousands of New Taiwan Dollars) Item December 31, December 31, Common stock $ 70,098,167 $ 69,965,051 Non-cumulative preferred stock and subordinate - non-cumulative bonds which comply with tier I capital requirement - - Other preferred stock and subordinated bank debentures 420, ,000 Capital collected in advances 17,467 Capital surplus 1,723,609 1,726,346 Legal reserve 10,053,920 9,963,140 Special reserve 7,741 - Retained earnings 5,109, ,801 Equity adjustment (538,793) (7,742) Deduction: Goodwill - - Deferred assets (248,573) (284,113) Treasury stock - - Total 86,625,476 82,707,950 Note: Recalculation under the Banking Bureau letter dated June 2, 2010 (Ref No )

67 38. BUSINESS SEGMENT FINANCIAL INFORMATION For the Year Ended December 31, 2010 (In Thousands of New Taiwan Dollars) Business Segment Item Banking Security Others Elimination Consolidated Net interest $ 13,398,079 $ 1,103,873 $ 152,348 $ 234 $ 14,654,534 Net revenues other than interest 5,305,792 4,449,673 2,101,960 (494,718) 11,362,707 Total net revenues 18,703,871 5,553,546 2,254,308 (494,484) 26,017,241 Provision for bad debt 4,965,905-90,061-5,055,966 Operating expenses 10,911,437 3,873,840 1,291,706 (494,484) 15,582,499 Income before income tax 2,826,529 1,679, ,541-5,378,776 Income tax benefit (expenses) 126,754 (216,855) (179,339) - (269,440) Net income 2,953,283 1,462, ,202-5,109,336 For the Year Ended December 31, 2009 (In Thousands of New Taiwan Dollars) Business Segment Item Banking Security Others Elimination Consolidated Net interest $ 11,410,604 $ 850,665 $ 129,149 $ 1,523 $ 12,391,941 Net revenues other than interest 5,918,018 5,754,222 2,043,243 (3,203,219) 10,512,264 Total net revenues 17,328,622 6,604,887 2,172,392 (3,201,696) 22,904,205 Provision for bad debt 6,088, ,978-6,222,662 Operating expenses 10,746,862 4,196,170 1,310,408 (508,462) 15,744,978 Income (loss) before income tax 493,076 2,408, ,006 (2,693,234) 936,565 Income tax benefit (expenses) 1,064,718 (436,977) (660,865) - (33,124) Net income (loss) 1,557,794 1,971,740 67,141 (2,693,234) 903, AVERAGE AMOUNT AND AVERAGE INTEREST RATE OF INTEREST-EARNING ASSETS AND INTEREST-BEARING LIABILITIES Average amounts and average interest rates of interest-earning assets and interest-bearing liabilities of Bank SinoPac and FENB were as follows: Interest-earning assets Years Ended December 31 Average Average Average Average Balance Rate (%) Balance Rate (%) Due from the Central Bank and other banks $ 28,844, $ 30,134, Call loans to banks 40,577, ,297, Financial assets at fair value through profit or loss 11,377, ,119, Securities purchased under agreements to resell 447, , Accounts receivable - factoring 10,108, ,448, Credit card receivable 10,911, ,133, Discounts and loans 716,062, ,174, Available-for-sale financial assets 38,394, ,257, Held-to-maturity investments 154,954, ,736, Other financial assets 1,345, ,440, (Continued)

68 Years Ended December 31 Average Average Average Average Balance Rate (%) Balance Rate (%) Interest-bearing liabilities Due to the Central Bank and other banks $ 20,251, $ 21,120, Call loans 28,915, ,224, Securities sold under agreement to repurchase 5,231, ,287, Demand deposits 160,469, ,491, Savings - demand deposits 220,359, ,225, Time deposits 296,300, ,137, Savings - time deposits 183,026, ,527, Negotiable certificates of deposit 26,874, ,134, Bank debentures 25,881, ,281, Other financial liabilities 5,142, ,363, Bonds payable - - 4,583,963 - (Concluded) 40. FINANCIAL INSTRUMENTS a. Fair value of financial instruments Carrying Amount December 31 Estimated Carrying Fair Value Amount Estimated Fair Value Assets Other short-term financial assets $ 172,283,425 $ 172,283,425 $ 175,742,305 $ 175,742,305 Financial assets at fair value through profit or loss 49,767,925 49,767,925 38,879,551 38,879,551 Discounts and loans 717,565, ,565, ,657, ,657,033 Available-for-sale financial assets 38,517,567 38,517,567 38,971,128 38,971,128 Held-to-maturity instruments 200,564, ,613, ,824, ,892,743 Equity investments - equity method 60,226 60,226 56,445 56,445 Unquoted equity instruments 4,492,859-4,333,024 - Non-active market debt instruments 82,066 79, ,486 90,445 Other financial assets 20,391,024 20,391,024 21,234,798 21,234,798 Liabilities Other short-term financial liabilities 132,446, ,446, ,576, ,576,216 Financial liabilities at fair value through profit or loss 12,235,710 12,235,710 10,793,950 10,793,950 Deposits and remittances 943,357, ,357, ,540, ,540,540 Bank debentures 30,121,486 30,528,056 27,129,563 27,387,276 Bonds payable - - 1,150,000 1,150,000 Long-term borrowings 7,262,744 7,262,744 5,613,508 5,613,508 Preferred stock liabilities 129, , , ,060 Other financial liabilities 14,655,525 14,655,525 17,595,047 17,595,

69 Methods and assumptions applied in estimating the fair values disclosures for financial instruments are as follows: 1) The carrying amounts of cash and cash equivalents, due from the Central Bank and other banks, securities purchased under agreements to resell, receivables, call loans and due to banks, commercial paper payables, payables, short-term borrowings, remittances, and securities sold under agreements to repurchase approximate their fair values because of the short maturities of these instruments. However, due to the statutory limitations (right and debt), tax receivable, and tax payable have been excluded from the estimation approach. 2) Long-term lease and installment receivables are fixed interest-earning assets. Thus, their carrying amounts represent fair values. 3) For financial instruments at fair value through profit or loss, available-for-sale financial assets, held-to-maturity investments, bank debentures, bonds payable, and hedged derivative financial instruments, fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company and its subsidiaries various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using available indirect data and appropriate valuation methodologies. Bank SinoPac and its subsidiaries forward contracts and interest rate swap contracts fair values are based on estimates using present value techniques. Options fair values are based on estimates using Black & Scholes model. Bank SinoPac and its subsidiaries fair value of forward contracts are estimated based on the forward rates provided by Reuters. Fair values of structured instruments are provided by the counter parties. All outstanding contracts are based on match basis and market risks will be offset. Fair value of interest rate swap contracts and cross currency swap contracts are estimated based on the market quotation provided by Reuters. 4) Discounts and loans, deposits, other financial assets, customer margin account, pledged time deposits, futures client equity, and other financial liabilities are interest-earning assets and interest-bearing liabilities at floating interest rate. Thus, their carrying amounts represent fair values. Fair value of non-performing loans is based on the carrying amount, which is net of allowance for credit losses. Collections for underwriting carrying amount represent fair values. 5) When unquoted equity instruments which the Company and its subsidiaries do not have significant influence on the investees, that do not have a quoted market price in an active market and their fair value cannot be reliably measured, are measured at cost. There are no quoted market prices for equity investments-equity method, thus their carrying amounts represent fair values. And non-active market debt instruments used estimated value as its fair value. 6) Preferred stock liabilities are interest-bearing liabilities at floating interest rate, their carrying amounts represent fair values. 7) Since interest of long-term borrowing and parts of bonds payable accrues are on fixed rate, the expected future cash flow are used to estimate the fair value. Discounted rate is referred to similar long-term borrowing and bonds payable. Besides, parts of bonds payable accrues on float rate. In this case, book value is closed to fair value. 8) Fair values of refundable guarantee deposits, guarantee deposits received and purchase of instruments issued by PEM Group are estimated at their carrying amounts since such deposits do not have specific due dates

70 b. For Bank SinoPac and its subsidiaries, interest revenues on financial assets and liabilities other than those at fair value through profit or loss were $19,167,348 and $19,588,948 for the years ended December 31, 2010 and 2009, respectively. Related interest expenses were $5,798,544 and $8,208,233 for the years ended December 31, 2010 and 2009, respectively. For SinoPac Securities and its subsidiaries, interest revenues on financial assets and liabilities other than those at fair value through profit or loss were $1,185,772 and $905,072 for the years ended December 31, 2010 and 2009, respectively. Related interest expenses were $153,197 and $116,204 for the years ended December 31, 2010 and 2009, respectively. c. Fair value of financial assets and financial liabilities determined based upon quoted market prices or estimates summarized as follows: Bank SinoPac and its subsidiaries Financial assets Quoted Market Prices Fair Value Based on Estimates December 31 December 31 Financial assets at fair value through profit or loss $ 24,874,565 $ 14,434,521 $ 2,409,391 $ 3,893,941 Available-for-sale financial assets 36,195,135 38,665,334 1,998,789 - Held-to-maturity investments 200,613, ,892, Other financial assets - non-active market debt instruments ,634 90,445 Financial liabilities Financial liabilities at fair value through profit or loss 9,212,138 8,371, , ,561 Bank debentures payable 28,000,445 22,350,290 2,527,611 5,036,986 SinoPac Securities and its subsidiaries Financial assets Quoted Market Prices Fair Value Based on Estimates December 31 December 31 Financial assets at fair value through profit or loss - current $ 20,458,024 $ 18,050,140 $ 1,242,568 $ 1,540,357 Financial assets at fair value through profit or loss - noncurrent 50,003 62, Financial liabilities Financial liabilities at fair value through profit or loss - current 1,120, ,005 1,669,953 1,800,524 d. Financial risk information Bank SinoPac 1) Market risk Bank SinoPac sets up risk managing indicators according to the characters of the products to achieve the goal of risk management. Bank SinoPac evaluates market risk exposure limits approved by the board of directors and informs related units timely when market risk over the limits

71 Bank SinoPac establishes an independent risk management unit and sets up market risk management rules in order to implement market risk policies and mechanism. Included in market risk management rules are organization structure, duty and management procedure. A specialized department prepares various market risk reports in order to monitor market risk timely and effectively. Market risk reports which include the monitor of outstanding position limitation of loss and quantitative measures of risk indicators (ex: Position, Delta, Vega, BPV and etc.) are provided to risk management sector to manage risk exposure, risk premium and capital allocation. The indicators are calculated by the valuation models (ex. Black & Scholes Model) provided by transaction systems (ex. Ferics, Kondor Plus, Bloomberg and etc.) Bank SinoPac uses the value-at-risk approach and Monte Carlo simulation method to derive quantitative measures for the trading book market risks under normal condition. Bank SinoPac formally documents in writing its intention to apply hedge accounting and follows the requirement of related accounting standards. Risk management sector should assess the effectiveness of the hedge relationship periodically. 2) Credit risk Bank SinoPac is exposed to credit risk in the event of default on contracts by counter-parties. Bank SinoPac makes credit commitments and issues financial guarantees and standby letters of credit only after careful evaluation of customers credit worthiness. On the basis of the result of the credit evaluation, Bank SinoPac may require collaterals before drawings are made against the credit facilities. As of December 31, 2010 and 2009, ratios of secured loans to total loans were 68.70% and 70.47% respectively. Ratio of secured financial guarantees and standby letters of credits were from 25.22% to 25.61%. Collaterals held vary but may include cash, inventories, marketable securities, and other properties. When the customers default, Bank SinoPac will, as required by circumstances, foreclose the collaterals or execute other rights arising out of the guarantees given. Since most of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash demands. Bank SinoPac s maximum potential amount of future payments represents the notional amounts that could be lost under the guarantees if there were a total default by the guaranteed parties, without consideration of possible recoveries under recourse provisions or from collaterals held or pledged. The maximum credit exposure of the financial instruments held by Bank SinoPac and FENB equaled the book value except which analyzed as follows: Items December 31 Maximum Credit Exposure Maximum Credit Exposure Off-balance-sheet credit risk Credit card commitments for credit card $ 175,223,135 $ 185,977,260 Financial guarantees and standby letter of credit 20,046,031 19,280,129 Undrawn loan commitments 22,967,707 42,387,578 The amounts of credit risk from counter-party presented above were off-balance sheet credit risk contracts. When financial instruments transactions concentrated on counter-party, which engaged in similar business activities, had similar economic characteristics and abilities to execute contracts, the credit risk concentration arose

72 Concentrations of credit risk exist when changes in economic, industry or geographic factors similarly affect groups of counterparties whose aggregate credit exposure is material in relation to the Bank SinoPac s total credit exposure. Bank SinoPac maintains a diversified portfolio, limits its exposure to any one geographic region, country or individual creditor and monitors the exposure on a continuous basis. Bank SinoPac s most significant concentrations of credit risk were summarized by counterparty, industry sector and region as follows: Credit Risk Profile by Counterparty December 31 Maximum Credit Exposure Maximum Credit Exposure Consumer $ 378,249,510 $ 378,091,902 Private sector 277,306, ,594,355 Government 40,236,956 23,070,160 $ 695,792,878 $ 658,756,417 Credit Risk Profile by Industry December 31 Maximum Credit Exposure Maximum Credit Exposure Electricity industry $ 63,307,145 $ 50,836,244 Wholesale trade and retail 44,865,134 43,144,193 Construction and real estate 42,569,608 44,076,990 $ 150,741,887 $ 138,057,427 Credit Risk Profile by Region December 31 Maximum Credit Exposure Maximum Credit Exposure Domestic area $ 633,894,811 $ 605,236,930 Asia 31,597,590 25,893,500 North America 21,412,377 18,567,150 3) Liquidity risk $ 686,904,778 $ 649,697,580 As of December 31, 2010 and 2009, the liquidity reserve ratios were 31.51% and 22.95%, respectively. The capital and working capital were enough to execute all the obligation of contract and had no liquidity risk. The management policy of Bank SinoPac and FENB is to match the contractual maturity profile and interest rate of its assets and liabilities. As a result of the uncertainty, the maturities and interest rates of assets and liabilities usually were not fully matched. The gap may result in potential gain or loss

73 Bank SinoPac and FENB applied appropriate way to group assets and liabilities. The maturity analysis of assets and liabilities was as follows: Assets December 31, 2010 Due in Due Between One Month and Due Between Three Months Due Between Six Months and Due Between One Year and Due After One Month Three Months and Six Months One Year Seven Years Seven Years Total Cash and cash equivalents $ 10,980,286 $ - $ - $ - $ - $ - $ 10,980,286 Due from the Central Bank and other banks 76,520,386 2,819,995 5,152, ,493,342 Financial assets at fair value through profit or loss 23,358, ,393 2,443, , ,428 27,282,299 Securities purchased under agreements to resell 1,152, ,152,479 Receivables 19,867,234 10,755,308 2,016,643 1,126,902 8,737,983-42,504,070 Discounts and loans 60,471,012 58,790,732 37,472,226 35,156, ,890, ,594, ,374,612 Available-for-sale financial assets 6,900,594 2,426,749 1,219,070 3,415,657 23,792, ,888 38,193,924 Held-to-maturity investments 116,705,568 41,943,817 11,554,547 28,414,205 1,707, , ,564,991 Non-active market debt instruments , ,257 82,066 Hedged derivative financial assets ,284 15,418 96, , ,955, ,123,994 59,955,855 68,306, ,225, ,187,991 1,127,756,120 Liabilities Call loans and due to banks 37,091,361 12,572,343 1,650,990 13,483, ,798,201 Financial liabilities at fair value through profit or loss 6,662, , ,948 2,305,533 1,246-9,507,112 Securities sold under agreements to repurchase 3,016,860 50, ,067,453 Payables 7,804,139 3,350,737 1,143,846 2,014, ,119-14,557,743 Deposits and remittances 155,039, ,128, ,289, ,325, ,867, ,649,546 Bank debentures 128,051-3,500, ,000 25,993,435-30,121,486 Hedged derivative financial liabilities ,291-40, ,743, ,487, ,735, ,629, ,146,215-1,072,741,832 Net liquidity gap $ 106,212,831 $ (51,363,236 ) $ (111,780,055 ) $ (104,322,892 ) $ (139,920,351 ) $ 356,187,991 $ 55,014,288 Assets December 31, 2009 Due in Due Between One Month and Due Between Three Months Due Between Six Months and Due Between One Year and Due After One Month Three Months and Six Months One Year Seven Years Seven Years Total Cash and cash equivalents $ 17,894,256 $ - $ - $ - $ - $ - $ 17,894,256 Due from the Central Bank and other banks 49,894,753 3,100,856 14,109,656 14,580, ,685,850 Financial assets at fair value through profit or loss 13,934, ,228 2,015, , ,873 1,034,304 18,326,055 Receivables 22,298,912 14,836,721 2,264,129 1,830,308 10,476,604-51,706,674 Discounts and loans 71,218,697 53,570,132 28,990,783 30,238, ,464, ,793, ,275,364 Available-for-sale financial assets 3,989, ,493 1,288, ,132 28,509,856 3,592,054 38,665,334 Held-to-maturity investments 30,645,336 59,338,024 30,642,447 2,065,250 2,450, , ,824,927 Non-active market debt instruments ,090 4, ,486 Hedged derivative financial assets 93,173-20,405 69,572 95, , ,969, ,483,454 79,331,829 50,210, ,654, ,107,701 1,033,758,039 Liabilities Call loans and due to banks 21,600,239 6,262,781 2,016,770 14,924, ,804,007 Financial liabilities at fair value through profit or loss 6,246, , ,938 1,909, ,637,157 Securities sold under agreements to repurchase 1,495, , ,598,045 Payables 12,946,299 7,984,492 1,203, , ,183-23,178,707 Deposits and remittances 147,655, ,357, ,186, ,088, ,971,309 17, ,276,409 Bank debentures 237,580-1,400,000 1,500,000 21,791,983 2,200,000 27,129,563 Hedged derivative financial liabilities 27, , ,208, ,966, ,027, ,169, ,060,658 2,217, ,651,002 Net liquidity gap $ 19,761,239 $ (15,483,492 ) $ (64,695,682 ) $ (120,959,491 ) $ (126,405,864 ) $ 360,890,327 $ 53,107,037 4) Foreign Exchange Rate Risk Bank SinoPac and its subsidiaries engages in foreign exchange business mainly for accommodating customers needs and managing its exposure positions. Significant foreign currency assets and liabilities related to foreign exchange are disclosed as follows: (In Thousands of U.S. Dollars and New Taiwan Dollars) U.S. Dollars December 31 New Taiwan Exchange Rate Dollars U.S. Dollars Exchange Rate New Taiwan Dollars Assets Cash and cash equivalent $ 84, $ 2,449,438 $ 308, $ 9,875,265 Due from Central Banks and other banks 1,148, ,474,863 1,457, ,676,326 (Continued)

74 U.S. Dollars December 31 New Taiwan Exchange Rate Dollars U.S. Dollars Exchange Rate New Taiwan Dollars Financial assets at fair value through profit or loss $ 665, $ 19,391,211 $ 552, $ 17,711,437 Securities purchased with agreement to resell 37, ,104, Account receivable, net 724, ,129, , ,289,426 Discounts and loans, net 4,236, ,511,485 3,758, ,369,252 Available-for-sale financial assets 274, ,010, , ,816,522 Held-to-maturity investments 57, ,666,124 76, ,454,075 Other financial assets Financial assets measured at cost 39, ,147,831 36, ,157,660 Non-active market debt instruments 2, ,809 3, ,090 Other financial assets 98, ,866,312 56, ,795,698 Intangible assets 17, ,499 17, ,176 Other assets 114, ,343,997 91, ,933,724 Liabilities Call loans and due to banks 1,206, ,159, , ,800,711 Financial liabilities at fair value through profit or loss 477, ,916, , ,432,682 Payables 200, ,843, , ,800,344 Deposit and Remittances 5,378, ,784,091 5,544, ,601,770 Other financial liabilities 111, ,248, , ,110,389 (Concluded) 5) Cash flow risk and fair value risk arising from interest rate fluctuations Interest rate risk is the risk to earnings and value of financial instruments caused by fluctuations in interest risk. The risk is considered to be material to the Bank, and the Bank enters into interest rate swap contracts to manage the risk. e. Fair value hedge The fair value risk of the interest of Bank SinoPac debentures and fixed rate loans may fluctuate according to the change of market rate. Bank SinoPac evaluated the risk may be significant, and hedged by interest rate swap and cross-currency swap contracts. Hedged Items Hedging Instruments Nominal Amount December 31 Nominal Fair Value Amount Fair Value Bank debentures Interest rate swap $ 1,400,000 $ 96,349 $ 2,800,000 $ 154,457 Cross currency swap 1,000,000 31,702 3,000,000 83,123 Fixed rate loans Interest rate swap 141,919 (8,742) 342,564 (13,263) f. Cash flow hedge Bank SinoPac enters into interest rate swap contracts to hedge against the risk of the interest rate fluctuation of the bank debentures. Hedged Items Hedging Instruments Nominal Amount December 31 Nominal Fair Value Amount Fair Value Bank debentures Interest rate swap $ 3,600,000 $ (31,549) $ 3,600,000 $ 27,

75 SinoPac Securities 1) Market risk SinoPac Securities manages and monitors market risks of financial instruments through risk measurement and monitoring processes such as value at risk, stop loss, risk sensitivities, stress testing and hedging rules, etc. The risk management division of SinoPac Securities monitors and controls outstanding position, profits and losses, and value at risk. The division regularly reports the market risk to business units and the management to manage risks effectively. Value-at-Risk (VaR) is a methodology for assessing market risk exposure in a single number. VaR is a statistical measure that estimates potential losses, and is defined as the predicted worst case that might be caused by changes in risk factors under normal circumstance, over a specified period of time and at a specific level of statistical confidence. The VaR methodology adopted by SinoPac Securities and its subsidiaries for its VaR calculation is Historical Simulation, using one year of equally weighted historical data. The VaR is calculated at a 99% confidence level for a one-day holding period, using relative changes in historical rates and prices. According to this assumption, changes of gains or losses of SinoPac Securities and its subsidiaries financial instruments will be greater than the amounts as follows in one for 100 days. As of December 31, 2010 and 2009, the market risk value of SinoPac Securities and its subsidiaries were around $112,444 and $115,112, respectively, and were 0.50% and 0.51%, respectively, of SinoPac Securities and its subsidiaries net worth. Years Ended December 31 Type of Market Risk Average Highest Lowest Average Highest Lowest Interest rate risk $ 43,000 $ 73,000 $ 28,000 $ 36,000 $ 60,000 $ 25,000 General 107, ,000 77, , ,000 85,000 The market risk value of SinoPac Securities and its subsidiaries consist of all financial instruments. The market risks of the SinoPac Securities and its subsidiaries derivative financial instruments are described as follows: a) Futures and options Market risk is the fluctuation in market prices of futures and options. SinoPac Securities has appropriate risk control management and has set up stop-loss points to monitor price fluctuations and outstanding positions. When the balance of the trading margin account is lower than the maintenance margin, SinoPac Securities will recognize a loss by either settling the deal or putting in more deposits to the initial margin. b) Warrants Market risk on issued warrants comes mainly from changes in market prices of underlying securities. SinoPac Securities manages the market risk by adopting a dynamic hedging strategy to adjust the positions of warrants and underlying securities. c) Interest rate swap SinoPac Securities uses VaR, based on statistical analysis of market data and foreign industrial standards, in evaluating market risks of the IRS contracts. As of December 31, 2010 and 2009, the VaRs were $308,747 and $261,380, respectively

76 d) Currency rate swaps Market risk on currency rate swaps is mainly attributed to fluctuation of foreign exchange rate. The manages market risk by estimating the swap point adoption. e) Asset swap transactions - convertible bonds SinoPac Securities and its subsidiaries use VaRs, based on statistical analysis of market data (including interest rates, convertible bond market prices and theoretical value of options) and foreign industrial standards in evaluating market risks of convertible bond swap transactions. As of December 31, 2010 and 2009, the VaRs were $5,324 and $13,360, respectively. f) Structured note transactions The market risk on structured note transactions is mainly from adverse market value fluctuations of the underlying assets. Thus, option hedging model are to hedge market risk. As of December 31, 2010, the amounts corresponding to market risk were $342 (as of December 31, 2009: None). g) Forward exchange contracts 2) Credit risk SinoPac Securities and its subsidiaries entered into forward exchange contracts to earn the difference between remitting out and in by judging the exchange rate and manage exposures due to exchange rate fluctuations. As of December 31, 2010, the amounts corresponding to market risk were $3,009 (as of December 31, 2009: None). Credit risk represents the loss that SinoPac Securities and its subsidiaries would incur when the counterparty or an issuer of securities or other instruments fails to perform under its contractual obligations, or upon a deterioration in the credit quality of third parties securities or obligations SinoPac Securities and its subsidiaries holds. Primary elements of credit risk of SinoPac Securities and its subsidiaries financial instruments include the degree of credit risk s centralization, components of financial instruments, amounts of contracts, and other receivables. SinoPac Securities and its subsidiaries measure the credit risk of financial assets with positive amounts on the balance sheet date. The credit risk of SinoPac Securities and its subsidiaries financial assets, except for those as follows, were equal to their carrying value. Carrying Value December 31 Maximum Credit Carrying Exposure Value Maximum Credit Exposure Financial assets held for trading Interest rate swap contracts $ 1,159,090 $ 1,820,995 $ 1,439,218 $ 2,037,241 Convertible bond asset swap - options 12,120 27,272 54,554 80,270 $ 1,171,210 $ 1,848,267 $ 1,493,772 $ 2,117,

77 To manage credit risk of financial assets, SinoPac Securities adopts credit risk ratings primarily. Guidelines and assessment procedures of credit risk are made to meet different types of business. The risk assessment procedures include the examination of the entire contracts limits, positions, the credit lines of counter-parties, credit risk limits and process of assessment, etc. The risk management division analyzes the credit risk of positions SinoPac Securities holds regularly, and monitor the unusual changes or centralization of credit risk. SinoPac Securities management believes that the risk management processes aforementioned are sufficient to monitor the credit risk. Concentrations of credit risk exist when changes in economic, industry or geographic factors similarly affect groups of counterparties whose aggregate credit exposure is material in relation to SinoPac Securities total credit exposure. SinoPac Securities maintains a diversified portfolio, limits its exposure to any one geographic region, country or individual creditor and monitors the exposure on a continuous basis. The credit risks of SinoPac Securities and its subsidiaries derivative financial instruments are presented as follows: a) Futures and options Credit risk is the risk due to uncertainty in counterparty s ability to meet its obligations. SinoPac Securities and its subsidiaries expected insignificant credit risks since the counter-party was the Taiwan Futures Exchange, Hong Kong Exchanges and Clearing, New York Commodity Exchange, Chicago Mercantile Exchange, and Singapore Exchange. b) Warrants SinoPac Securities is not exposed to credit risk because premiums are received upon the issuance of warrants. c) Interest rate swap SinoPac Securities has established high standards for screening the counter-parties and has rated their credits under strict criteria. It has also set upper limits for total value of credits granted to control credit risks. Thus, it does not expect significant exposure to credit risks. d) Currency rate swaps The corporation has established high standard for the screening of counter parties. In addition to rating risk limit as the basic calculation for credit risk, the also sets credit level and upper limits on the total value of credits granted as means to risk managements. e) Asset swap transactions - convertible bonds SinoPac Securities and its subsidiaries have high standards for screening the counter-parties of fixed income transactions and have rated their credits under strict criteria. SinoPac Securities have set upper limits for total value of credits granted to control credit risks. Further, the premium from short call option transactions is collected in advance. Thus, it does not expect significant exposure to credit risks. f) Structured note transactions The Group has high standards for selecting the target fixed-income instruments, and combines the limited amount into bond-dealer department. The collected the premium from investors in advance when long option, the value would be greater or equal to the greatest possible value when expiration. Thus, the does not suppose to undertake the investors credit risk

78 g) Forward exchange contracts The subsidiary established high standards for screening the counter-parties and has rated their credits under strict criteria. It has also set upper limits on the total value of credits granted to control credit risks. Thus, it does not expect significant exposure to credit risks. Fair value is the present value of future interest income and expense discounted at the yield rate. 3) Liquidity risk Since SinoPac Securities and its subsidiaries have sufficient working capital to meet the obligation requirement, the liquidity risk is insignificant. The possibility of the stocks other than listed and GTSM, nonderivative instruments and bonds fail to liquidate quickly with minimal loss in value is low. The liquidity risk of SinoPac Securities and its subsidiaries derivative financial instruments are as follows: a) Futures and options SinoPac Securities and its subsidiaries have paid initial margin for futures contracts and premiums for long options as well as margin for short options. More margins will be required since the balance of the trading margin account is lower than the maintenance margin. However, future cash demand is supported by sufficient working capital. Thus, the risk of cash flows is insignificant. b) Warrants The premium of the warrants issued by SinoPac Securities is collected in advance, and SinoPac Securities establishes a hedging position with its own capital when the warrants are issued. The liquidity risk on the underlying securities held for hedging is low because the authorities have set the market price and share distribution of the securities, and the probability that the securities cannot be sold for a reasonable price is quite low. SinoPac Securities has to manage any cash demand arising from adjustment of hedge position for any changes due to adverse fluctuation of market prices of the underlying securities. However, the market liquidity is high, so the risk to cash flows is low. As of December 31, 2010, Warrants will expire between January 2011 to June for the cash inflows and outflows arising from hedging, no additional cash is needed. Except c) Interest rate swap Net interest, equal to the notional amount of the interest derivatives multiplied by the difference in the interest rate bases received or paid upon each settlement date, is immaterial. The notional amounts are not exchanged on the final settlement date. Thus, the cash demand is insignificant. d) Currency rate swaps The payments are based on the principal under the agreement on each settlement date. Thus, cash demand is not significant. e) Asset swap transactions - convertible bonds The underlying convertible bonds, acquired from dealing and underwriting transactions, were sold to counter-parties and SinoPac Securities and its subsidiaries received related payments

79 In addition, SinoPac Securities and its subsidiaries took the pre-agreed interest rate in exchange for the coupon rate and the interest compensation of convertible bonds from counter-parties. Further, SinoPac Securities and its subsidiaries acquired the right to repurchase convertible bonds from counter-parties. Thus, there are insignificant liquidity risks and the cash demand is insignificant. f) Structured note transactions The engaged in structural instruments in order to provide investors the elasticity of terminating an agreement ahead of time. The has already considered the liquidity risk in advance, and there are no significant liquidity risks. Thus, the cash demand is insignificant. g) Forward exchange contracts The amount, equal to the notional amount multiplied by the difference in the exchange rate bases received or paid upon each settlement date, is immaterial. The notional amounts are not exchanged on the final settlement date. Thus, the cash demand is insignificant. 4) Foreign exchange risk Financial Asset and liabilities significantly influenced by foreign exchange rate are as follows: (In Thousands of Foreign Currencies and New Taiwan Dollars) Foreign Currencies December 31 Exchange New Taiwan Foreign Exchange Rate Dollars Currencies Rate New Taiwan Dollars Financial assets Monetary items USD $ 318, $ 9,295,174 $ 239, $ 7,686,559 HKD 808, ,032,136 1,152, ,758,848 RMB 110, ,871 7, ,795 EUR 2, , ,298 GBP 1, ,273 1, ,305 AUD 1, ,321 1, ,017 SGD , ,182 CAD , JPY 37, ,533 48, ,933 NZD , ,371 THB Nonmonetary items USD 16, , ,100 HKD 4, , ,970 RMB Financial liabilities Monetary items USD 240, ,010,327 27, ,298 HKD 645, ,421,086 1,435, ,928,913 RMB 53, , EUR 2, , ,674 SGD , ,727 AUD , ,644 CAD , JPY 22, ,983 36, ,820 GBP THB Nonmonetary items USD 30, , HKD 11, ,250 6, ,

80 41. ASSET QUALITY, CONCENTRATION OF CREDIT EXTENSIONS, INTEREST RATE SENSITIVITY, PROFITABILITY AND MATURITY ANALYSIS OF ASSETS AND LIABILITIES - BANK SINOPAC a. Statement of capital adequacy Capital Adequacy December 31, 2010 Standalone Consolidation Tier 1 capital $ 55,343,189 $ 60,084,898 Tier 2 capital 18,770,866 24,584,690 Eligible capital Tier 3 capital - - Eligible capital 74,114,055 84,669,588 Standardized approach 573,241, ,474,979 Credit risk Internal rating - based approach N/A N/A Securitization 286, ,726 Basic indicator approach 26,013,713 31,791,225 Risk-weighted Operational Standardized approach/alternative assets risk standardized approach N/A N/A Advanced measurement approach N/A N/A Standardized approach 23,193,160 23,483,560 Market risk Internal models approach N/A N/A Total risk-weighted assets 622,734, ,562,490 Capital adequacy rate 11.90% 12.80% Tier 1 risk - based capital ratio 8.89% 9.08% Tier 2 risk - based capital ratio 3.01% 3.72% Tier 3 risk - based capital ratio - - Ratios of common stockholders equity to total assets 4.48% 4.32% Leverage ratio 5.30% 5.47% December 31, 2009 Standalone Consolidation Tier 1 capital $ 55,794,185 $ 59,325,063 Tier 2 capital 16,638,503 22,803,690 Eligible capital Tier 3 capital - - Eligible capital 72,432,688 82,128,753 Standardized approach 558,613, ,872,010 Credit risk Internal rating - based approach N/A N/A Securitization 369,894 1,239,957 Basic indicator approach 24,656,313 30,157,400 Risk-weighted Operational Standardized approach/alternative assets risk standardized approach N/A N/A Advanced measurement approach N/A N/A Standardized approach 17,685,367 19,226,967 Market risk Internal models approach N/A N/A Total risk-weighted assets 601,324, ,496,334 Capital adequacy rate 12.05% 12.51% Tier 1 risk - based capital ratio 9.28% 9.04% Tier 2 risk - based capital ratio 2.77% 3.47% Tier 3 risk - based capital ratio - - Ratios of common stockholders equity to total assets 4.84% 4.57% Leverage ratio 5.69% 5.65%

81 b. Asset quality The overdue loans and receivables information please refer to Table 9-2. c. Maturity analysis of assets and liabilities Maturity Analysis of Assets and Liabilities December 31, 2010 (In Thousands of New Taiwan Dollars) The Amount of Remaining Period to Maturity Total 1-30 Days Days Days Days Over 1 Year Main capital inflow on maturity $ 1,030,091,195 $ 283,229,450 $ 107,231,626 $ 50,842,700 $ 62,875,354 $ 525,912,065 Main capital outflow on maturity 1,046,936, ,917, ,193, ,666, ,040, ,119,076 Gap (16,845,720) 103,311,981 (43,961,644) (96,824,139) (114,164,907) 134,792,989 Note: The above amounts include only New Taiwan dollar amounts held in the onshore branches of the Bank (i.e. exclude foreign currency). Maturity Analysis of Assets and Liabilities December 31, 2010 (In Thousands of U.S. Dollars) Total The Amount of Remaining Period to Maturity 1-30 Days Days Days Days Over 1 Year Main capital inflow on maturity $ 10,228,006 $ 4,074,129 $ 1,785,942 $ 1,255,606 $ 695,044 $ 2,417,285 Main capital outflow on maturity 10,157,520 4,823,018 1,617, , ,240 2,433,729 Gap 70,486 (748,889) 168, , ,804 (16,444) Note 1: The above amounts are book value held by the onshore branches and offshore banking unit of the Bank in U.S. dollars, without off-balance amounts (for example, the issuance of negotiable certificate of deposits, bonds or stocks). Note 2: If the overseas assets amount to at least 10% of the total assets, there should be additional disclosures. Maturity Analysis of Assets and Liabilities December 31, 2009 (In Thousands of New Taiwan Dollars) Total The Amount of Remaining Period to Maturity 1-30 Days Days Days Days Over 1 Year Main capital inflow on maturity $ 890,866,289 $ 165,289,906 $ 110,173,424 $ 59,964,935 $ 38,997,524 $ 516,440,500 Main capital outflow on maturity 908,876, ,751, ,960, ,001, ,145, ,017,460 Gap (18,009,798) 22,538,872 (16,787,385) (50,036,401) (119,147,924) 145,423,040 Note: The above amounts include only New Taiwan dollar amounts held in the onshore branches of the Bank (i.e. exclude foreign currency). Maturity Analysis of Assets and Liabilities December 31, 2009 (In Thousands of U.S. Dollars) Total The Amount of Remaining Period to Maturity 1-30 Days Days Days Days Over 1 Year Main capital inflow on maturity $ 7,127,601 $ 3,902,095 $ 1,597,492 $ 730,718 $ 375,895 $ 521,401 Main capital outflow on maturity 7,004,187 3,868,034 1,182, , , ,852 Gap 123,414 34, , ,162 (148,568) (286,451)

82 Note 1: The above amounts are book value held by the onshore branches and offshore banking unit of the Bank in U.S. dollars, without off-balance amounts (for example, the issuance of negotiable certificate of deposits, bonds or stocks). Note 2: If the overseas assets amount to at least 10% of the total assets, there should be additional disclosures. d. Profitability Items For the Year Ended December 31, 2010 (%) For the Year Ended December 31, 2009 Return on total assets Before income tax After income tax Return on net worth Before income tax After income tax Profit margin Note 1: Return on total assets = Income before (after) income tax/average total assets Note 2: Return on net worth = Income before (after) income tax/average net worth Note 3: Profit margin = Income after income tax/total net revenues Note 4: Income before (after) income tax represents income for the years ended December 31, 2010 and e. Interest rate sensitivity information Interest Rate Sensitivity December 31, 2010 (In Thousands of New Taiwan Dollars, %) Items 1 to 90 Days 91 to 180 Days 181 Days to One (Included) (Included) Year (Included) Over One Year Total Interest-rate sensitive assets $ 718,744,753 $ 23,992,534 $ 53,180,435 $ 58,321,712 $ 854,239,434 Interest-rate sensitive liabilities 380,102, ,965,474 48,432,914 18,834, ,335,101 Interest-rate sensitive gap 338,642,669 (348,972,940) 4,747,521 39,487,083 33,904,333 Net worth 67,173,893 Ratio of interest-rate sensitive assets to liabilities % Ratio of interest-rate sensitive gap to net worth 50.47% Interest Rate Sensitivity December 31, 2009 (In Thousands of New Taiwan Dollars, %) Items 1 to 90 Days 91 to 180 Days 181 Days to One (Included) (Included) Year (Included) Over One Year Total Interest-rate sensitive assets $ 567,603,008 $ 44,857,104 $ 36,149,822 $ 99,742,196 $ 748,352,130 Interest-rate sensitive liabilities 280,948, ,126,482 72,927,738 16,682, ,685,111 Interest-rate sensitive gap 286,654,610 (300,269,378) (36,777,916) 83,059,703 32,667,019 Net worth 64,287,154 Ratio of interest-rate sensitive assets to liabilities % Ratio of interest-rate sensitive gap to net worth 50.81%

83 Note 1: The above amounts include only New Taiwan dollar amounts held by the onshore branches of the Bank (i.e. exclude foreign currency). In compliance with Central Bank s supervision policies, the above data is prepared for off-site monitoring by 15 th of next month. Note 2: Interest-rate sensitive assets and liabilities mean the revenues or costs of interest-earnings assets and interest-bearing liabilities affected by interest-rate changes. Note 3: Interest-rate sensitive gap = Interest-rate sensitive assets - Interest-rate sensitive liabilities. Note 4: Ratio of interest-rate sensitive assets to liabilities = Interest-rate sensitive assets/interest-rate sensitive liabilities (in New Taiwan dollars). Interest Rate Sensitivity December 31, 2010 (In Thousands of U.S. Dollars, %) Items 1 to 90 Days 91 to 180 Days 181 Days to One (Included) (Included) Year (Included) Over One Year Total Interest-rate sensitive assets $ 4,695,772 $ 184,876 $ 173,594 $ 185,571 $ 5,239,813 Interest-rate sensitive liabilities 2,567,962 2,657, , ,410,555 Interest-rate sensitive gap 2,127,810 (2,472,282) (11,430) 185,160 (170,742) Net worth 58,114 Ratio of interest-rate sensitive assets to liabilities 96.84% Ratio of interest-rate sensitive gap to net worth (293.81%) Interest Rate Sensitivity December 31, 2009 (In Thousands of U.S. Dollars, %) Items 1 to 90 Days 91 to 180 Days 181 Days to One (Included) (Included) Year (Included) Over One Year Total Interest-rate sensitive assets $ 4,234,546 $ 340,321 $ 197,830 $ 177,158 $ 4,949,855 Interest-rate sensitive liabilities 2,146,259 2,292, ,091-4,687,683 Interest-rate sensitive gap 2,088,287 (1,952,012) (51,261) 177, ,172 Net worth 67,418 Ratio of interest-rate sensitive assets to liabilities % Ratio of interest-rate sensitive gap to net worth % Note 1: The above amounts include only USD amounts held by the onshore branches, OBU and offshore branches of the Bank, and exclude contingent assets and contingent liabilities. In compliance with Central Bank s supervision policies, the above data is prepared for off-site monitoring by 15th of next month. Note 2: Interest-rate sensitive assets and liabilities mean the revenues or costs of interest-earnings assets and interest-bearing liabilities affected by interest-rate changes. Note 3: Interest-rate sensitive gap = Interest-rate sensitive assets - Interest-rate sensitive liabilities. Note 4: Ratio of interest-rate sensitive assets to liabilities = Interest-rate sensitive assets/interest-rate sensitive liabilities (in U.S. dollars)

84 f. Concentration of credit extensions Rank (Note 1) December 31, 2010 Industry Category (Note 2) (In Thousands of New Taiwan Dollars, %) Total Credit Consists of Loans (Note 3) Percentage of Net Worth (%) (Note 4) 1 A Group (Optical Products Manufacturing) $12,243, % 2 B Group (Plastics) 12,003, % 3 C Group (Computer and Peripheral Equipment) 8,397, % 4 D Group (LCD and its Components Manufacturing) 7,471, % 5 E Group (Computer and Peripheral Equipment) 6,482, % 6 F Group (Trading and Consumers' Goods Industry) 5,765, % 7 G Group (Building Material and Construction) 5,524, % 8 H Group (Computer and Peripheral Equipment) 4,789, % 9 I Group (Finance and Lease) 3,653, % 10 J Group (Optoelectronic) 3,229, % Rank (Note 1) December 31, 2009 Industry Category (Note 2) (In Thousands of New Taiwan Dollars, %) Total Credit Consists of Loans (Note 3) Percentage of Net Worth (%) (Note 4) 1 A Group (Plastics) $11,876, % 2 B Group (Computer and Peripheral Equipment) 7,685, % 3 C Group (Trading and Consumers' Goods Industry) 5,800, % 4 D Group (Shipping and Transportation) 5,719, % 5 E Group (Optoelectronic) 5,269, % 6 F Group (Cotton and Textiles) 4,903, % 7 G Group (Non-profit Organization) 4,725, % 8 H Group (Optoelectronic) 4,593, % 9 I Group (Other Electronic) 4,304, % 10 J Company (Shipping and Transportation) 2,855, % Note 1: Ranking top ten groups (excluded the government or state - owned utilities) accounting to total credit consists of loans. Note 2: Groups were regulated in the Supplementary Provisions to the Taiwan Stock Exchange Rules for Review of Securities Listings Law Article 6. Note 3: Total credit consists of loans were totalized each credit (included import bill negotiated, export bill negotiated, discounts, overdrafts, short-term loans, short-term secured loans, marginal receivables, medium-term loans, medium-term secured loans, long-term loans, long-term secured loans, and nonperforming loans), exchange bills negotiated, accounts receivable - without recourse factoring, acceptances receivable, and grantees issued. Note 4: Net worth of previous year-end

85 42. PROFITABILITY SinoPac Holdings and its subsidiaries (%) Items For the Year Ended For the Year Ended December 31, 2010 December 31, 2009 Return on total assets Before income tax After income tax Return on net worth Before income tax After income tax Profit margin Note 1: Return on total assets = Income before (after) income tax/average total assets Note 2: Return on net worth = Income before (after) income tax/average net worth Note 3: Profit margin = Income after income tax/total net revenues Note 4: Income before (after) income tax represents income for the years ended December 31, 2010 and SinoPac Holdings (%) Items For the Year Ended For the Year Ended December 31, 2010 December 31, 2009 Return on total assets Before income tax After income tax Return on net worth Before income tax After income tax Profit margin Note 1: Return on total assets = Income before (after) income tax/average total assets Note 2: Return on net worth = Income before (after) income tax/average net worth Note 3: Profit margin = Income after income tax/total net revenues Note 4: Income before (after) income tax represents income for the years ended December 31, 2010 and Bank SinoPac (%) Items For the Year Ended For the Year Ended December 31, 2010 December 31, 2009 Return on total assets Before income tax After income tax Return on net worth Before income tax After income tax Profit margin Note 1: Return on total assets = Income before (after) income tax/average total assets

86 Note 2: Return on net worth = Income before (after) income tax/average net worth Note 3: Profit margin = Income after income tax/total net revenues Note 4: Income before (after) income tax represents income for the years ended December 31, 2010 and SinoPac Securities Items For the Year Ended For the Year Ended December 31, 2010 December 31, 2009 Return on total assets Before income tax After income tax Return on net worth Before income tax After income tax Profit margin Note 1: Return on total assets = Income before (after) income tax/average total assets Note 2: Return on net worth = Income before (after) income tax/average net worth Note 3: Profit margin = Income after income tax/total net revenues Note 4: Income before (after) income tax represents income for the years ended December 31, 2010 and (%) 43. SEGMENT AND GEOGRAPHIC INFORMATION 2010 Adjustments and Domestic United States Hong Kong Area Eliminations Total Revenues from third parties $ 18,790,100 $ 2,396,506 $ 892,343 $ (146,343 ) $ 21,932,606 Segment income $ 7,682,742 $ (2,375,493) $ 102,928 $ (37,908) $ 5,372,269 Income from equity investments - equity method 6,507 Income before income tax $ 5,378,776 Identifiable assets $ 1,106,803,568 $ 58,807,184 $ 82,440,165 $ (17,227,152) $ 1,230,823,765 Equity investments - equity method 60,226 Total assets $ 1,230,883, Revenues from third parties $ 18,179,767 $ 3,217,033 $ 1,059,098 $ (127,821 ) $ 22,328,077 Segment income $ 8,204,001 $ (2,624,054) $ (1,922,901) $ (2,727,206) $ 929,840 Income from equity investments - equity method 6,725 Income before income tax $ 936,565 Identifiable assets $ 988,030,026 $ 78,850,730 $ 75,702,193 $ (16,031,086) $ 1,126,551,863 Equity investments - equity method 56,445 Total assets $ 1,126,608,

87 44. ADDITIONAL DISCLOSURES a. and b. Followings are the additional disclosures required for the Company and investees: 1) Financing provided: Table 1 (the related disclosures for Bank SinoPac, FENB are excluded from disclosure requirements because of the industrial property); 2) Endorsement/guarantee provided: Table 2 (the related disclosures for Bank SinoPac, FENB are excluded from disclosure requirements because of the industrial property); 3) Marketable securities held: Table 3 (the related disclosures for Bank SinoPac, FENB and SinoPac Securities are excluded from disclosure requirements under the Criteria Governing the Preparation of Financial Reports by Public Banks and the Criteria Governing the Preparation of Financial Reports by Securities Firms, respectively); 4) Marketable securities acquired and disposed of, at costs or prices of at least NT$300 million or 10% of the issued capital: None; 5) Stocks of the same investees acquired and disposed of, at costs of at least NT$300 million or 10% of the issued capital: Table 4; 6) Acquisition of individual real estate at costs of at least NT$300 million or 10% of the issued capital: None; 7) Disposal of individual real estate at prices of at least NT$300 million or 10% of the issued capital: None; 8) Allowance for service fees to related-parties amounting to at least NT$5 million: None; 9) Financial asset securitization: None; 10) Receivables from related parties amounting to at least NT$300 million or 10% of the issued capital: Table 5; 11) Sale of non-performing loans from subsidiaries: Table 6; 12) Names, locations, and other information of investees on which the Company exercises significant influences: Table 7; 13) Derivative financial transactions: Note 5, Note 40, Table 8-1 to Table 8-3 and Table 8-8; 14) Other material transactions which will affect on the decisions of the financial reports users: Table 8 to Table 18; a) Detail of important account: Table 8; b) Allowance for credit loss: Table 9-1; c) Overdue loans and receivable: Table 9-2; d) Consolidated entities: Table 10; e) Related parties transactions: Table 11; f) Balance sheets of SPH: Table 12;

88 g) Income statements of SPH: Table 13; h) Statement of changes in stockholders equity of SPH: Table 14; i) Statements of cash flow of SPH: Table 15; j) Condensed statement of balance sheet and income of SPH s subsidiaries: Table 16; k) Specific risk from futures dealing and financial ratio, limitations and execution of futures commission merchants subsidiary: Table 17; l) Public announcements prescribed in financial holding company ACT Article 46: Table 18; c. Information related to investment in Mainland China: Table DISCLOSURES REQUIRED UNDER MINISTRY OF FINANCE RULING NO DATED OCTOBER 31, 2003 The Company s investees registered in the Cayman Islands and the British Virgin Islands include SinoPac Securities (Cayman) Holdings Limited, SinoPac Asia Limited and SPS Asset Management Limited. Information on these investees operating activities is as follows: a. Balance sheets: Tables 20 to 22. b. Statements of income: Tables 23 to 25. c. Securities held: For securities held by other investees, please see Tables 26 to 28. d. Derivative financial transactions and the source of capital: SinoPac Securities (Cayman) Holdings Limited and SPS Asset Management Limited had no investments in derivative financial products as of December 31, 2010 and For the derivative transactions of SinoPac Asia Limited, please see Table 29. e. Revenues from assets management business, service contents and litigation: 1) For the years ended December 31, 2010 and 2009, only SPS Asset Management Limited had revenues from fund asset management, which were HK$10,823,434 and HK$9,835,168, respectively. Other investees had no revenues from asset managements. 2) Litigation: None

89 TABLE 1 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES FINANCING PROVIDED YEAR ENDED DECEMBER 31, 2010 (In Thousands of New Taiwan Dollars) No. Financing Name Counter-party Financial Statement Account Maximum Balance for the Period Ending Balance Interest Rate (%) Financing Type Transaction Amount Financing Reasons Allowance for Bad Debt Item Collateral Value Financing Limit for Each Borrowing Company Financing Company s Financing Amount Limits 1 SinoPac Leasing CNC Line Co., Notes receivable $ 150,000 (Note 2) $ 150,000 (Note 2) 2.726%-2.795% Short-term financial $ - Operating use $ - - $ - $ 831,624 (Note 1) $ 1,108,832 (Note 1) 2 SinoPac Leasing Grand Capital Int l Notes receivable 816,256 (Notes 2 and 5) 816,256 (Notes 2 and 5) 6M Sibor + 0.8% Short-term financial - Operating use ,108,832 (Note 1) 1,108,832 (Note 1) 3 SinoPac Securities (Asia) SinoPac Capital (Asia) Other receivable - related parties 291,520 (Notes 4 and 5) 291,520 (Notes 4 and 5) 1.75%-1.80% Business 245, ,465 (Note 3) 473,954 (Note 3) Note 1: Note 2: According to the operational procedures for making loans to others, the financing limit for the borrowing company and the financing company s financing amount limits are 30% and 40% of the audited net asset value NT$2,772,081 (in thousand) of SinoPac Leasing as of December 31, If the borrowing company is subsidiary of SinoPac Leasing, the financing limit for the company is also 40% of the audited net asset value. The maximum amounts approved by the board of directors are NT$150,000 (in thousand) and US$28,000 (in thousand) for CNC Line Co., and Grand Capital Int l in December As of December 31, 2010, no credit amount has been used. Note 3: The financing limit for the borrowing company and the financing company s financing amount limits are 15% and 20% of the audited net asset value of SinoPac Securities (Asia) as of December 31, Note 4: The maximum balance for the period and ending balance of SinoPac Securities (Asia) are the maximum amounts for SinoPac Capital (Asia), but no credit amount has been used in Note 5: Foreign-currency amounts were translated to New Taiwan dollars at the closing exchange rate as of December 31,

90 TABLE 2 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES ENDORSEMENT/GUARANTEE PROVIDED YEAR ENDED DECEMBER 31, 2010 (In Thousands of New Taiwan Dollars) No. Endorsement/Guarantee Provider Name Counter-party Nature of Relationship Limits on Individual Endorsement/ Guarantee Amounts Maximum Balance for the Period Ending Balance Endorsement/ Guarantee Amount Collateralized by Properties Ratio of Accumulated Amount of Endorsement/ Guarantee to Net Asset Value of the Latest Financial Statement Maximum Endorsement/ Guarantee Amounts Allowable 1 SinoPac Leasing Grand Capital International Limited Subsidiary $5,544,162 (Note 1) $7,557,240 (Notes 1 and 2) $7,557,240 (Notes 1 and 2) $ % $13,860,405 (Note 1) Note 1: The limit on individual endorsement or guarantee amounts is up to 200% of the net asset value of SinoPac Leasing. The maximum amount of endorsement or guarantee amounts is up to 500% of the net asset value of SinoPac Leasing. But no limit applied on subsidiaries which was owned over 50% by SinoPac Leasing. The audited net asset value of SinoPac Leasing as of December 31, 2010 is NT$2,772,081 (in thousand). Note 2: Foreign-currency amounts were translated to New Taiwan dollars at the closing exchange rate as of December 31,

91 TABLE 3 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES MARKETABLE SECURITIES HELD DECEMBER 31, 2010 (In Thousands of New Taiwan Dollars or Shares) Name of Holding Company Type and Issuer of Marketable Securities Relationship with Holding Company Financial Statement Account Shares/Units/ Face Amount (In Thousands) December 31, 2010 Carrying Amount (Note 1) Percentage of Ownership Market Value or Net Asset Value (Note 1) Note SinoPac Financial Holdings Company Stock (common stock) Limited Bank SinoPac Subsidiary Equity investments - equity method 4,955,047 $ 63,262, % $ 65,955,472 Note 4 SinoPac Securities Co., Subsidiary Equity investments - equity method 1,396,902 22,380, % 22,380,239 Note 4 SinoPac Leasing Subsidiary Equity investments - equity method 177,100 1,586, % 2,772,081 Note 4 SinoPac Management Co., Subsidiary Equity investments - equity method 4,000 70, % 70,423 Note 4 SinoPac Call Center Co., Subsidiary Equity investments - equity method 4,000 66, % 66,748 Note 4 SinoPac Venture Capital Co., Subsidiary Equity investments - equity method 300,000 2,977, % 2,977,729 Note 4 SinoPac Securities Investment Trust Co., Subsidiary Equity investments - equity method 33,428 1,057, % 487,327 Note 4 Stock (preferred stock) SinoPac Leasing - Non-active market debt instruments 100,000 1,000, % 1,000,000 Note 5 Stock (common stock) City Link Co., - Unquoted equity investments 2,709 25, % 25,000 Note 5 Taiwan Depository and Clearing - Unquoted equity investments 247 4, % 4,639 Note 5 SinoPac Bancorp Stock Far East National Bank Subsidiary Equity investments - equity method 6,070 9,175, % 9,175,146 Note 4 Far East Capital, LLC Subsidiary Equity investments - equity method - 20, % 20,921 Note 4 SinoPac Leasing Stock Grand Capital International Limited Subsidiary Equity investments - equity method 29, , % 956,774 Note 4 SinoPac Capital Limited (H.K.) Stock SinoPac Capital (B.V.I.) Subsidiary Equity investments - equity method 4,450 31, % 47,910 Note 4 SinoPac Insurance Brokers Subsidiary Equity investments - equity method 100 1, % 129,447 Note 4 Fund China Enterprise Capital - Unquoted equity investments ,088-29,088 Note 5 SinoPac Capital (B.V.I.) Stock RSP Information Service Company Limited Subsidiary Equity investments - equity method 1,000 3, % 4,258 Note 4 SinoPac Property Insurance Agent Co., Bond Government bond Guarantee deposits Pledge SinoPac Life Insurance Agent Co., Bond Government bond Guarantee deposits Pledge (Continued)

92 Name of Holding Company Type and Issuer of Marketable Securities Relationship with Holding Company Financial Statement Account Shares/Units/ Face Amount (In Thousands) December 31, 2010 Carrying Amount (Note 1) Percentage of Ownership Market Value or Net Asset Value (Note 1) Note SinoPac Futures Stock Taiwan Futures Exchange - Unquoted equity investments 667 $ 4, % $ 4,990 Note 5 Fund Fubon Yield Enrichment Fund of Fund - Trading financial assets 2,000 19,407-19,407 Note 6 Fubon Global Investment-grade Bond Fund - Trading financial assets 1,000 10,229-10,229 Note 6 Prudential Financial Global Fixed Income Selection - Trading financial assets 1,648 20,000-20,000 Note 6 Fund Prudential Financial Emerging Markets Fixed Income - Trading financial assets 3,000 30,523-30,523 Note 6 Opportunities Fund Cathay High Income Fund of Funds - Trading financial assets 1,937 20,023-20,023 Note 6 Cathay Global Bond - Trading financial assets 479 4,538-4,538 Note 6 FSITC Global High Yield Bond A - Trading financial assets ,027-10,027 Note 6 TLG Asia Pacific ReJTs Fund A - Trading financial assets 2,005 14,900-14,900 Note 6 Jih Sun MIT Mainstream Fund - Trading financial assets 500 4,975-4,975 Note 6 MF Global Multi-Strategy Futures Trust Fund - Trading financial assets ,112-10,112 Note 6 SinoPac Venture Capital Co., Convertible bond Neutron Innovation (BVI) Limited - Financial assets designated at fair value through profit or loss Impinj. Inc - Financial assets designated at fair value through profit or loss - 29,152-29,152 Note 7-30,460-30,460 Note 7 Stock Darfon Electronics Corp. - Available-for-sale financial assets 1,321 48, % 48,646 Note 2 Formosa Advanced Technologies Co., - Available-for-sale financial assets 1,195 45, % 45,433 Note 2 Jeng Shiang Precision Ind. Co., - Available-for-sale financial assets 1,032 36, % 36,340 Note 2 Donpon Precision Inc. - Available-for-sale financial assets , % 14,699 Note 2 Jarllytec Co., - Available-for-sale financial assets 253 8, % 8,275 Note 2 Elitegroup Computer Systems Co., - Available-for-sale financial assets 446 5, % 5,050 Note 2 Logah Technology - Available-for-sale financial assets 142 3, % 3,725 Note 2 Sunnic Technology & Merchandise - Available-for-sale financial assets 132 2, % 2,360 Note 2 Princo Corp. - Available-for-sale financial assets 216 1, % 1,084 Note 2 Telexpress Corp. Investee accounted for Equity investments - equity method 4,969 60, % 60,226 Note 4 under the equity method Intellisys Subsidiary Equity investments - equity method 6,570 43, % 43,944 Note 4 Taiwan Global BioFund - Unquoted equity investments 11, , % 112,500 Note 5 Maxima Capital Management - Unquoted equity investments 10, , % 105,350 Note 5 Boston Life Science Venture Co. - Unquoted equity investments 10, , % 100,000 Note 5 Enterex International - Unquoted equity investments , % 94,697 Note 5 3V Source one - Unquoted equity investments - 93, % 93,034 Note 5 Impinj. Inc - Unquoted equity investments , % 65,310 Note 5 Brightman International Co., - Unquoted equity investments 1,800 60, % 60,948 Note 5 Aero Win Technology Corp. - Unquoted equity investments 4,814 57, % 57,050 Note 5 Suntek Precision Co., - Unquoted equity investments 3,226 55, % 55,662 Note 5 (Continued)

93 Name of Holding Company Type and Issuer of Marketable Securities Relationship with Holding Company Financial Statement Account Shares/Units/ Face Amount (In Thousands) December 31, 2010 Carrying Amount (Note 1) Percentage of Ownership Market Value or Net Asset Value (Note 1) Note Epileds Technologies Inc. - Unquoted equity investments 3,804 $ 53, % $ 53,493 Note 5 Ultra Chip, Inc. - Unquoted equity investments 5,000 50, % 50,000 Note 5 Axun Tex Solar Energy Co., - Unquoted equity investments 2,380 49, % 49,980 Note 5 Gloria Solar Inc. - Unquoted equity investments , % 45,000 Note 5 Win Semiconductor - Unquoted equity investments 2,576 43, % 43,523 Note 5 Prudence Venture Investment Corp. - Unquoted equity investments 5,000 35, % 35,600 Note 5 MOSA Industrial Corp. - Unquoted equity investments 1,873 35, % 35,491 Note 5 Global Strategic Venture - Unquoted equity investments 3,000 30, % 30,000 Note 5 3S Silicon Tech, Inc. - Unquoted equity investments 1,500 30, % 30,000 Note 5 Chain Yarn Co., - Unquoted equity investments 2,516 29, % 29,423 Note 5 Taiwan Incubator Small & Medium Enterprises - Unquoted equity investments 3,417 29, % 29,000 Note 5 Development Corp. BioAsia BDF IV Fund - Unquoted equity investments - 28, % 28,642 Note 5 F-Origin Inc. - Unquoted equity investments , % 24,387 Note 5 Taiwan Cultural - Creative Development Co., - Unquoted equity investments 1,700 20, % 20,400 Note 5 Gigawin International Venture Investment Corp. - Unquoted equity investments 2,000 20, % 20,000 Note 5 Unilite - Unquoted equity investments , % 19,597 Note 5 Ruentex Resources Integration Co., - Unquoted equity investments 2,536 17, % 17,099 Note 5 Cathay Venture Capital Corp. - Unquoted equity investments 1,680 16, % 16,800 Note 5 Luminous Town Electric Co., - Unquoted equity investments 1,375 16, % 16,577 Note 5 Huashan Wen Chong Industrial Co., - Unquoted equity investments 1,600 16, % 16,000 Note 5 Optimer Biotechnology, Inc. - Unquoted equity investments 2,152 14, % 14,720 Note 5 Taimide Tech. Inc. - Unquoted equity investments 1,218 14, % 14,627 Note 5 Proconn Technology Co., - Unquoted equity investments 1,274 14, % 14,227 Note 5 Asia Electronic Material Corp. - Unquoted equity investments 1,064 13, % 13,310 Note 5 ID Solutions Inc. - Unquoted equity investments 3,333 10, % 10,678 Note 5 TOSPOM - Unquoted equity investments , % 10,538 Note 5 China Technology Venture Capital Corp. - Unquoted equity investments 922 9, % 9,227 Note 5 Photic Electronics Co, - Unquoted equity investments 910 9, % 9,100 Note 5 Gatetech Technology Inc. - Unquoted equity investments 875 8, % 8,750 Note 5 Bcom Electronics Inc. - Unquoted equity investments 833 8, % 8,196 Note 5 DiCon Fiberoptics, Inc. - Unquoted equity investments 44 6, % 6,991 Note 5 BioAsia BDF II Fund - Unquoted equity investments - 6, % 6,693 Note 5 Clientron Corp. - Unquoted equity investments 594 6, % 6,247 Note 5 Telexpress Corp. - Unquoted equity investments 542 5, % 5,226 Note 5 Exploit Technology Co., - Unquoted equity investments 230 4, % 4,644 Note 5 International United Technology Co., - Unquoted equity investments 296 3, % 3,009 Note 5 Goyatek Technology Inc. - Unquoted equity investments 195 2, % 2,348 Note 5 Addtek - Unquoted equity investments 47 1, % 1,405 Note 5 Vita Genomics, Inc. - Unquoted equity investments 1,373 1, % 1,255 Note 5 Lian An Services Co., - Unquoted equity investments 125 1, % 1,250 Note 5 Webi & Neti Internet Services Inc. - Unquoted equity investments % 477 Note 5 Baycom Opto - Electronics Technology Co., - Unquoted equity investments % 56 Note 5 HOPE BULKSHIP S.A. - Unquoted equity investments % 21 Note 5 (Continued)

94 Name of Holding Company Type and Issuer of Marketable Securities Relationship with Holding Company Financial Statement Account Shares/Units/ Face Amount (In Thousands) December 31, 2010 Carrying Amount (Note 1) Percentage of Ownership Market Value or Net Asset Value (Note 1) Note Fund SinoPac Asia Consumer Fund SinoPac Global Emerging Markets Fund Fund under SinoPac Securities Investment Trust s management Fund under SinoPac Securities Investment Trust s management Available-for-sale financial assets 3,714 $ 53, % $ 53,120 Note 6 Available-for-sale financial assets 5,000 50, % 50,850 Note 6 SinoPac Securities Investment Trust Fund SinoPac Fund Fund under SinoPac Securities Investment Trust s management SinoPac TWD Money Market Fund Fund under SinoPac Securities Investment Trust s SinoPac Asia Consumer Fund SinoPac Greater China Fund management Fund under SinoPac Securities Investment Trust s management Fund under SinoPac Securities Investment Trust s management Available-for-sale financial assets , % 23,260 Note 6 Available-for-sale financial assets 1,408 18, % 18,841 Note 6 Available-for-sale financial assets 485 7, % 7,034 Note 6 Available-for-sale financial assets 411 4, % 4,926 Note 6 Note 1: Foreign-currency amounts were translated to New Taiwan dollars at the exchange rate as of the balance sheet date. Note 2: Market prices of listed and OTC Securities Market stocks were determined at closing prices as of December Note 3: Net asset values were based on the investees unaudited or unaudited financial statements for the latest period. Note 4: Net asset values were based on the investees audited or audited financial statements for the latest period. Note 5: Net asset values were based on the carrying amounts. Note 6: Market prices were determined at the closing prices on NAV on December 31, Note 7: Market prices were determined at the valuation on December 31, (Concluded)

95 TABLE 4 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES ACQUIRED AND DISPOSED OF INVESTEE INVESTMENT AT COST OR PRICES OF AT LEAST NT$300 MILLION OR 10% OF THE ISSUED CAPITAL (MARKETABLE SECURITIES ACQUIRED AND DISPOSED OF, AT COST OR PRICES OF AT LEAST NT$300 MILLION OR 10% OF THE ISSUED CAPITAL) YEAR ENDED DECEMBER 31, 2010 (In Thousands of New Taiwan Dollars, Unless Otherwise Stated) Company Name Type and Name of Marketable Securities Account Counter-party Nature of Relationship Beginning Balance Acquisition Disposal Ending Balance Gain on Amount Units Amount Units Amount Units Amount Carrying Value Units Disposal (Note 1) SinoPac Financial Holdings Stock Company Limited Bank SinoPac Equity investments - equity method - Subsidiary of SinoPac Financial Holdings Company Limited Bank SinoPac SinoPac Bancorp Unquoted equity investments - Subsidiary of SinoPac Financial Holdings Company Limited 4,821,847 $ 59,666, ,200 $ 1,665,000 - $ - $ - $ - 4,955,047 $ 61,331, ,800 4,578, ,800 4,578,625 SinoPac Bancorp Far East National Bank Investment in subsidiaries - Overseas affiliate of SinoPac Financial Holdings Company Limited 230 US$ 162,893 thousand 5,840 US$ 146,000 thousand ,070 US$ 308,893 thousand Note 1: Equity method cost adjustment not included

96 TABLE 5 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES RECEIVABLES FROM RELATED PARTIES AMOUNTING TO AT LEAST NT$300 MILLION OR 10% OF THE ISSUED CAPITAL DECEMBER 31, 2010 (In Thousands of New Taiwan Dollars) Company Name Related Party Relationship Ending Balance Turnover Rate Amount Overdue Action Taken Amounts Received in Subsequent Period Allowance for Bad Debts SinoPac Financial Holdings Company Limited Bank SinoPac Subsidiary of SinoPac Financial Holdings Company Limited $ 1,435,025 (Note 1) - $ - - $ - $ - Bank SinoPac SinoPac Financial Holdings Company Limited Parent company of Bank SinoPac 1,420,539 (Note 2) Note 1: Dividends receivable of the appropriation of earning for Note 2: The balance mainly included linked-tax system receivable and other related parties receivable which are eliminated in the consolidated financial statements

97 TABLE 6 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES SALES OF NONPERFORMING LOANS YEAR ENDED DECEMBER 31, 2010 (In Thousands of New Taiwan Dollars, Unless Otherwise Stated) Date Counter-parties Loans Carrying Amount (Note) Selling Price Gain or Loss on Disposal Attachment Relation March 25, 2010 Sympnony Asset Pool IV LLC/Pacifica Enterprises, Inc. Commercial secured loans US$ 3,216 thousand US$ 3,412 thousand June 30, 2010 Executive Capital Investment Group LLC Commercial secured loans US$ 2,942 US$ 2,950 thousand thousand July 23, 2010 Prime A investments LLC Commercial secured loans US$ 986 US$ 986 thousand thousand July 23, Las Vegas LLC Commercial secured loans US$ 1,997 US$ 2,200 thousand thousand September 1, 2010 PSIP Magellan Riverside LLC Commercial secured loans US$ 7,933 US$ 8,249 thousand thousand September 30, 2010 Sympnony Asset Pool IV LLC/Pacifica Enterprises, Inc. Commercial secured loans US$ 1,600 US$ 1,503 thousand thousand September 30, 2010 Sympnony Asset Pool IV LLC/Pacifica Enterprises, Inc. Commercial secured loans US$ 1,381 US$ 1,297 thousand thousand October 8, 2010 Hacienda At Hig Bluff Drive LLC Commercial secured loans - US$ 50 thousand November 22, 2010 PAS Holdings LLC Commercial secured loans US$ 297 US$ 281 thousand thousand November 24, 2010 Urban Villages San Marcos LLC Commercial secured loans US$ 3957 US$ 3,300 thousand thousand November 24, 2010 Miracle Day Investment LLC Commercial secured loans US$ 1,250 US$ 1,293 thousand thousand US$ None thousand US$ 8 - None thousand - - None US$ 203 thousand US$ 316 thousand US$ (97 thousand) US$ (84 thousand) US$ 50 thousand US$ (16 thousand) US$ (657 thousand) US$ 43 thousand - None - None - None - None - None - None - None - None Note: Carrying amount is the original credit amount deducted allowance for bad debt

98 TABLE 7 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES INFORMATION ON INVESTED ENTERPRISES YEAR ENDED DECEMBER 31, 2010 (In Thousands of New Taiwan Dollars, Unless Otherwise Stated) Investee Company Location Main Businesses and Products Percentage of Ownership Carrying Amount Investment Gain (Loss) Shares Consolidated Holdings Imitated Shares Shares Total Percentage of Ownership Note Financial Bank SinoPac Taipei Commercial bank % $ 63,262,238 $ 3,501,375 4,955,047-4,955, % Subsidiary SinoPac Securities Co., Taipei Brokerage, dealing and underwriting of securities % 22,380,239 1,462,851 1,396,902-1,396, % Subsidiary SinoPac Leasing Taipei Leasing and installment sales % 1,586, , , , % Subsidiary SinoPac Management Co., Taipei Business management advisory, investment and venture % 70,423 22,530 4,000-4, % Subsidiary capital investment advisory SinoPac Call Center Co., Kaohsiung Data processing, manpower and agency services % 66,748 20,943 4,000-4, % Subsidiary SinoPac Venture Capital Co., Taipei Venture capital investment % 2,977,729 60, , , % Subsidiary SinoPac Securities Investment Trust Co., Taipei Establish and manage securities investment trust funds by issuing beneficiary certificates and render % 1,057,808 65,143 33,428-33, % Subsidiary Taiwan Depository and Clearing discretionary investment service. Taipei Computerizing book-entry operation for securities 0.08% 4,639-2,232-2, % Non-financial City Link Co., Taipei Property investment consulting 5.00% 25,000-2,709-2, %

99 TABLE 8-1 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES STATEMENT OF FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) Held-for-trading financial assets December 31 Securities Operating securities - dealing $ 14,013,207 $ 12,578,092 Operating securities - hedging 3,970,828 1,979,680 Operating securities - underwriting 2,094,865 2,901,064 Margin deposits - futures 734, ,642 Open-end funds 395, ,516 Long option contracts - non-hedging 33,444 12,105 Derivative financial instruments - OTC Interest rate swap contracts 1,159,090 1,439,218 Asset swap options 12,120 54,554 Forward contracts 7,585 - Currency swap contracts ,422,055 20,550,871 Bank Negotiable certificates of deposit 10,000,751 - Bank debentures 2,378, ,917 Listed stocks 1,243, ,513 Corporate bonds 1,133,565 1,763,398 Beneficiary certificate 663, ,993 Government bonds 211,182 1,859,821 Convertible bonds 185, ,974 Depositary receipts 9,625 11,575 Collateralized debt obligation 907 1,341 Derivative financial assets Interest rate swaps 6,386,205 7,010,501 Forward contract 1,700,947 1,198,833 Premium paid on options contracts 1,489, ,114 Others 195,708 62,865 25,600,217 15,390,845 SinoPac Leasing Derivative financial assets Currency swap contracts 2, Forward contract 147-2, ,024,573 35,941,934 Financial assets designated at fair value through profit or loss Hybrid product Bank Convertible bonds 659, ,353 Corporate bonds 143, ,452 (Continued)

100 December 31 Credit-linked notes $ - $ 314,855 Others 1,025 2, ,411 1,100,107 SinoPac Venture Convertible bonds 59,613-59,613 - A group of financial instruments is managed and its performance is evaluated on a fair value basis Bank Auction-rate securities 617, ,994 GSE Bonds 209, ,503 C equity interest in VISA Inc. 52, ,339 B equity interest in Master Card Inc , ,328 1,837,510 1,743,352 2,937,617 Held-for-trading financial liabilities $ 49,767,925 $ 38,879,551 Securities Liabilities for issuance of warrants $ 7,167,202 $ 5,675,995 Repurchase of issued warrants (6,453,411) (5,337,288) Borrowing securities payable - non-hedging 282,238 - Investments in purchasable bonds - margin - trading short 105,051 49,438 Short options - futures 19,102 14,860 Derivative financial instruments - OTC Interest rate swap contracts 1,225,535 1,501,638 Asset swap option 371, ,949 Forward contracts 8,612 - Asset swap contract value of IRS 6,274 21,937 Currency swap contracts 891-2,732,923 2,203,529 SinoPac Leasing Forward contracts 1,546 - Bank Derivative financial liabilities Interest rate swaps 6,250,172 6,881,812 Forward contracts 1,775, ,349 Premiums received on option contracts 1,227, ,202 Cross currency swap contracts 58,434 33,426 Others 131, ,632 9,444,029 8,590,421 12,178,498 10,793,950 Financial liabilities designated at fair value through profit or loss Securities Liabilities for EIN 57,212 - $ 12,235,710 $ 10,793,950 (Concluded)

101 TABLE 8-2 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES BANK SINOPAC AND ITS SUBSIDIARIES STATEMENTS OF OUTSTANDING CONTRACT (NOMINAL AMOUNT) OF DERIVATIVES DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) Contract Amounts December 31 Interest rate swap contracts $ 927,655,559 $ 793,837,522 Currency swap contracts 259,067, ,870,071 Options contracts Long position 166,846,144 56,391,497 Short position 168,807,115 60,817,041 Forward contracts Long position 9,674,977 17,347,809 Short position 5,989,399 6,266,038 Non-deliverable forward Long position 84,219,334 79,330,431 Short position 83,325,708 78,354,140 Cross currency swap contracts 3,625,728 4,647,420 Asset swap contracts 1,136,928 1,857,740 Credit default swap contracts 1,100,000 1,100,000 Equity-linked swap contracts 35, ,892 Commodities - linked swap contracts 117,561 40,191 Credit-linked swap contracts 2,100,000 2,500,

102 TABLE 8-3 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES SINOPAC SECURITIES AND ITS SUBSIDIARIES STATEMENTS OF OPERATING SECURITIES DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) Dealing department December 31 Bonds Issued by the government (interest rates at 0.875%-7.30% and 0%-7.75% in 2010 and 2009) $ 692,658 $ 852,088 Issued by corporations (interest rates at %-8% and %-2.15% in 2010 and 2009) 2,666,242 2,886,063 Issued by banks (interest rates at %-6.125% and % % in 2010 and 2009) 1,550,430 1,410,076 Collateralized loan obligations (interest rates at 3.005% in 2010 and 2009) 27, ,000 Issued by foreign corporations listed on Taiwan OTC (interest rate at 2.80% in 2010) 290,584 - Issued by foreign corporations not listed on Taiwan OTC (interest rate at 2.875%-6.125% in 2010) 15,166-5,242,888 5,248,227 Listed stocks 1,475,371 1,977,406 OTC stocks and convertible bonds 5,553,239 3,212,422 Beneficiary certificates 1,396,863 1,780,317 13,668,361 12,218,372 Unrealized gains from valuation - dealing 344, ,720 $ 14,013,207 $ 12,578,092 As of December 31, 2010 and 2009, $49,689 of government bonds were pledge as deposit for the bills financial service, the bonds have a total market value calculated at the reference price of $50,003 and $50,862, respectively. In addition, as of December 31, 2009, $12,329 of government bonds were pledged as deposit for bond transactions. The bonds have a total market value calculated at the reference price of $11,455. Due to improvement in profitability, the pledged deposit was removed in May of Underwriting department December 31 Listed stocks $ 1,341,319 $ 1,716,621 OTC stocks and convertible bonds 811, ,529 2,153,064 2,667,150 Unrealized gains (losses) from valuation - underwriting (58,199) 233,914 $ 2,094,865 $ 2,901,064 (Continued)

103 December 31 Securities held for hedging purposes Stocks held for warrants $ 3,899,394 $ 1,893,793 Warrants 2,438 - Stocks held for equity-link note 1,072-3,902,904 1,893,793 Unrealized gains from valuation - hedging 67,924 85,887 $ 3,970,828 $ 1,979,680 The aggregate market values of securities based on the closing prices and reference prices as of December 31, 2010 and 2009 were as follows: December 31 Dealing department - bonds $ 5,241,518 $ 5,271,821 Dealing department - listed and OTC stocks and convertible bonds 7,364,111 5,522,422 Dealing department - beneficiary certificates 1,407,578 1,783,849 Underwriting department - listed and OTC stocks and convertible bonds 2,094,865 2,901,064 Securities held for hedging purposes - stocks held for warrants 3,963,993 1,979,680 Securities held for hedging purposes - warrants 5,750 - Securities held for hedging purposes - structured note-linked position 1,085 - Bonds and beneficiary certificates held by SinoPac Securities and its subsidiaries dealing department, underwriting department and purchased under resell agreements were sold under repurchase agreements for the aggregate face amounts of $16,805,997 and $12,897,242 as of December 31, 2010 and 2009, respectively. Investments in bonds with resale agreements-short sales December 31 Bonds traded over the counter 2010 government bond-a99106 $ 105,291 $ government bond-a , ,291 49,520 Unrealized gains from valuation (240) (82) $ 105,051 $ 49,438 Borrow securities payable-non-hedging (December 31, 2009: None) December 31, 2010 Listed stocks $ 260,667 Unrealized gains from valuation- non-hedging 21,571 $ 282,238 (Continued)

104 Futures and options 1. The objective of using futures and options and related strategies to achieve the objective: The Group use futures and options contracts for trading purposes, to increase its investment instruments, to aggressively develop various services and enhance working capital efficiency. The Group use futures contracts to hedge risks from the exercise of warrants and risk from changes in warrants positions held since Contract amount and fair value December 31, 2010 Contract Amount/ Opening Positions Premium Long/ Paid Paid Fair Item Instrument Type Short Volume (Received) Value Futures TAIEX Futures Long 99 $ 176,778 $ 177,942 Finance Sector Index Futures Long 16 16,662 16,672 Mini-TAIEX Futures Long , ,034 TAIEX Futures Short 20 35,946 35,948 Electronic Sector Index Futures Short 32 43,389 43,738 Mini-TAIEX Futures Short 12 5,354 5,392 Singapore Morgan TAIEX Futures Short 18 16,347 16,759 CME Australian Dollar Futures Short 20 57,029 59,082 HSIEX Futures Short 8 93,954 94,219 Options TAIEX Options - call Long 1,342 5,606 8,134 TAIEX Options - put Long 4,143 28,524 17,897 HSIEX Options - call Long 271 8,915 3,505 HSIEX Options - put Long 149 5,435 3,908 UMC Stock Options - put Long Mega Holdings Stock Options - put Long TAIEX Options - call Short 1,925 (3,145) (5,091) TAIEX Options - put Short 2,527 (8,848) (4,987) HSIEX Options - call Short 402 (12,613) (4,297) HSIEX Options - put Short 191 (7,433) (4,727) UMC Stock Options - call Short December 31, 2009 Contract Amount/ Opening Positions Premium Long/ Paid Paid Fair Item Instrument Type Short Volume (Received) Value Futures Finance Sector Index Futures Long 66 $ 59,241 $ 60,126 TAIEX Futures Long 20 32,706 32,804 Mini-TAIEX Futures Long 28 10,855 11,481 Singapore Morgan TAIEX Futures Long 2,777 2,583,709 2,629,534 Electronic Sector Index Futures Short 47 62,942 64,249 TAIEX Futures Short 61 94, ,052 Mini-TAIEX Futures Short Singapore Morgan TAIEX Futures Short 1,781 2,525,027 2,665,319 Finance Sector Index Futures Short 2 1,792 1,822 (Continued)

105 December 31, 2009 Contract Amount/ Opening Positions Premium Long/ Paid Paid Fair Item Instrument Type Short Volume (Received) Value Options TAIEX Options - call Long 1,048 $ 4,230 $ 10,945 TAIEX Options - put Long 1,530 4,694 1,160 TAIEX Options - call Short 1,045 (5,190) (13,860) TAIEX Options - put Short 1,019 (5,881) (1,000) The market value of futures contracts as of the balance sheet date was based on the closing price published by the Taiwan Futures Exchange (TAIFEX), Singapore Exchange (SGX), Hong Kong Exchanges, Clearing (HKEX) and Chicago Mercantile Exchange (CME). As of December 31, 2010 and 2009, the fair values of premiums paid for option transactions were recognized as long options - non-hedging at $33,444 and $12,105, respectively, and those received from options transactions were recognized as short options - futures at $19,102 and $14,860, respectively. 3. Gains (losses) from futures and options transactions Gains (losses) for the years ended December 31, 2010 and 2009 are summarized as follows: Year Ended December 31, 2010 Gains (Losses) Gains (Losses) from Futures from Option Transactions Transactions Non-hedging and realized $ (65,292) $ 17,806 Non-hedging and unrealized (1,085) (1,751) Hedging and realized 308 (329) Hedging and unrealized $ (65,868) $ 15,726 Year Ended December 31, 2009 Gains (Losses) Gains (Losses) from Futures from Option Transactions Transactions Non-hedging and realized $ 112,676 $ 23,035 Non-hedging and unrealized (102,766) (608) Hedging and realized Hedging and unrealized $ 10,581 $ 22,427 (Continued)

106 Warrants 1. The objective of issuing warrants and strategies to achieve this objective: The issues warrants for trading purposes. The holds underlying securities to hedge risks from the exercise of warrants and risks from changes in warrant positions held. The s hedging strategy is to minimize the market value risks. The change in market values of the underlying securities are highly correlated to those of the warrants, and the evaluates and adjusts the positions held periodically. 2. Warrant liabilities December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - CA July 2, 2010 China Petrochemical 7,500,000 $0.75 $ 5,625 $ Development SinoPac Securities - CB July 2, 2010 Hiwin Technologies Corp. 6,000, , SinoPac Securities - CC July 2, 2010 Tsrc 7,500, , SinoPac Securities - CD July 2, 2010 Huang Hsiang Construction 5,000, , SinoPac Securities - CE July 2, 2010 Novatek Microelectronics 5,000, , Corp. SinoPac Securities - CF July 2, 2010 Global Mixed-Mode 5,000, , Technology Inc SinoPac Securities - CG July 2, 2010 Globe Union Industrial Corp. 10,000, , SinoPac Securities - T7 July 2, 2010 Zeng Hsing Industrial Co., 5,000, , SinoPac Securities - T8 July 2, 2010 Solar Applied Materials 10,000, , Technology Corp. SinoPac Securities - CH July 5, 2010 Standard Foods 10,000, , SinoPac Securities - CI July 5, 2010 Feng Hsin Iron & Steel Co., 5,000, , SinoPac Securities - CJ July 5, 2010 Compeq Manufacturing Co., 10,000, , SinoPac Securities - CK July 5, 2010 Ruentex Industries Limited 12,000, , SinoPac Securities - CL July 5, 2010 Iteq 10,000, , SinoPac Securities - CM July 5, 2010 Chang Hwa Commercial 5,000, , Bank, SinoPac Securities - CN July 5, 2010 Ju Teng International 10,000, , Holdings Limited SinoPac Securities - CP July 7, 2010 Uni-President Enterprises 5,000, , Corp. SinoPac Securities - CQ July 7, 2010 Taiwan Fertilizer Co., 5,000, , SinoPac Securities - CR July 7, 2010 China Life Insurance 15,000, , Company, SinoPac Securities - CS July 7, 2010 China Development Financial 5,000, , Holding Corp. SinoPac Securities - CT July 7, 2010 Powertech Technology Inc. 10,000, , SinoPac Securities - T9 July 7, 2010 Mag. Layers 10,000, , Scientific-Technics Co., SinoPac Securities - U1 July 7, 2010 Soft-World International 10,000, , SinoPac Securities - U2 July 7, 2010 Prosperity Dielectrics Co., 10,000, , SinoPac Securities - U3 July 7, 2010 Gamania Digital 7,000, , Entertainment Co., SinoPac Securities - CU July 8, 2010 Lian Hwa Foods 5,000, , SinoPac Securities - CV July 8, 2010 Eternal Chemical Co., 5,000, , SinoPac Securities - CW July 8, 2010 China Man-Made Fiber 6,000, , SinoPac Securities - CX July 8, 2010 Taiwan Glass Ind. Corp. 5,000, , SinoPac Securities - CY July 8, 2010 Ritek 10,000, , SinoPac Securities - CZ July 8, 2010 Qisda 15,000, , SinoPac Securities - DA July 8, 2010 Asustek Computer Inc. 10,000, , SinoPac Securities - DB July 8, 2010 Aurora 5,000, , SinoPac Securities - DC July 8, 2010 Walsin Technology 12,000, , SinoPac Securities - DD July 8, 2010 Eva Airways 10,000, , SinoPac Securities - DE July 8, 2010 Formosa International Hotels 10,000, , (Continued)

107 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - DF July 8, 2010 Taiwan Prosperity Chemical 5,000, $ 4,000 $ SinoPac Securities - DG July 8, 2010 Ton Yi Industrial Corp. 15,000, , SinoPac Securities - U4 July 9, 2010 Sinmag Bakery Machine 5,000, , SinoPac Securities - U5 July 9, 2010 Taiwan Chi Cheng Enterprise 10,000, , Co., SinoPac Securities - U6 July 9, 2010 Newmax Technology Co., 3,000, , SinoPac Securities - U7 July 9, 2010 Microbio Co., 15,000, , SinoPac Securities - U8 July 9, 2010 Episil Technologies Inc. 3,000, , SinoPac Securities - U9 July 9, 2010 Pchome Online Inc. 500, SinoPac Securities - V1 July 9, 2010 Prime View International Co., 3,000, , SinoPac Securities - V2 July 9, 2010 Kaori Heat Treatment Co., 12,000, , SinoPac Securities - DH July 12, 2010 Walsin Lihwa 5,000, , SinoPac Securities - DI July 12, 2010 Advanced Semiconductor 5,000, , Engineering, Inc. SinoPac Securities - DJ July 12, 2010 Yageo 12,000, , SinoPac Securities - DK July 12, 2010 Clevo Co. 15,000, , SinoPac Securities - DL July 12, 2010 Mediatek Inc. 20,000, , SinoPac Securities - DM July 12, 2010 Catcher Technology Co., 5,000, , SinoPac Securities - DN July 12, 2010 Taiwan Business Bank 10,000, , SinoPac Securities - DP July 12, 2010 E.Sun Financial Holding 7,500, , Company, SinoPac Securities - DQ July 12, 2010 Wistron 5,000, , SinoPac Securities - DR July 12, 2010 Wpg Holdings Limited 7,500, , SinoPac Securities - DS July 13, 2010 Htc 10,000, , SinoPac Securities - DT July 13, 2010 Forhouse 15,000, , SinoPac Securities - DU July 13, 2010 Young Fast Optoelectronics 5,500, , Co., SinoPac Securities - DV July 16, 2010 Yungtay Engineering Co., 5,000, , SinoPac Securities - DW July 16, 2010 Mitac International Corp. 10,000, , SinoPac Securities - DX July 16, 2010 Chroma Ate Inc. 5,000, , SinoPac Securities - DY July 16, 2010 Kobin Environmental 7,500, , Enterprise Co., SinoPac Securities - DZ July 16, 2010 Chi Mei Optoelectronics 10,000, , SinoPac Securities - EA July 16, 2010 Solartech Energy Corp. 15,000, , SinoPac Securities - EB July 16, 2010 Sonix Technology Co., 10,000, , SinoPac Securities - V3 July 16, 2010 Tekcore Co., 10,000, , SinoPac Securities - V4 July 16, 2010 Motech Industries Inc 15,000, , SinoPac Securities - EC July 19, 2010 Transcend Information, Inc. 10,000, , SinoPac Securities - ED July 19, 2010 Unity Opto Technology Co., 12,000, , SinoPac Securities - EE July 19, 2010 Yang Ming Marine Transport 7,500, , Corp. SinoPac Securities - EF July 19, 2010 Unimicron Technology Corp. 7,500, , SinoPac Securities - EG July 19, 2010 Txc 10,000, , SinoPac Securities - EH July 19, 2010 Green Energy Technology 6,000, , Inc. SinoPac Securities - EI July 19, 2010 Siliconware Precision 10,000, , Industries Co., SinoPac Securities - EJ July 19, 2010 Sunplus Technology Co., 10,000, , SinoPac Securities - EK July 19, 2010 Au Optronics Corp. 20,000, , SinoPac Securities - EL July 19, 2010 Visual Photonics Epitaxy Co., 10,000, , SinoPac Securities - EM July 19, 2010 Htc 10,000, , SinoPac Securities - EN July 19, 2010 First Steamship Co., 7,500, , SinoPac Securities - V5 July 19, 2010 Alltop Technology Co., 10,000, , SinoPac Securities - V6 July 19, 2010 Zentel Electronic 3,000, , SinoPac Securities - V7 July 19, 2010 Etron Technology, Inc. 10,000, , SinoPac Securities - V8 July 19, 2010 Sino-American Silicon 15,000, , Products Inc. SinoPac Securities - V9 July 19, 2010 Gamania Digital 10,000, , Entertainment Co., SinoPac Securities - EP July 20, 2010 China Steel Chemical Co. 5,000, , SinoPac Securities - EQ July 20, 2010 Evergreen International 6,000, , Storage & Transport SinoPac Securities - ER July 20, 2010 Gintech Energy 10,000, , SinoPac Securities - ES July 22, 2010 Garnd Pacific Petrochemical 5,000, , SinoPac Securities - ET July 22, 2010 Delta Electronics, Inc. 5,000, , SinoPac Securities - EU July 22, 2010 Elite Semiconductor Memory Technology Inc. 20,000, , (Continued)

108 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - W1 July 22, 2010 Fulltech Fiber Glass Corp. 10,000, $ 7,800 $ SinoPac Securities - EV July 27, 2010 Chang Hwa Commercial 10,000, , Bank, SinoPac Securities - EW July 27, 2010 Cathay Financial Holding 20,000, , Co., SinoPac Securities - EX July 27, 2010 First Financial Holding Co. 10,000, , SinoPac Securities - EY July 27, 2010 Taiwan Cooperative Bank 10,000, , SinoPac Securities - EZ July 27, 2010 Aurora 15,000, , SinoPac Securities - FA July 27, 2010 Young Fast Optoelectronics 10,000, , Co., SinoPac Securities - FB July 28, 2010 TSEC Taiwan 50 Index 6,000, , SinoPac Securities - FC July 28, 2010 Nan Ya Plastics 7,500, , SinoPac Securities - FD July 28, 2010 China Synthetic Rubber 12,000, , SinoPac Securities - FE July 28, 2010 Synnex Technology 7,500, , International Corp. SinoPac Securities - FF July 28, 2010 King Yuan Electronics Co., 10,000, , SinoPac Securities - FG July 28, 2010 Radium Life Tech. Co., 10,000, , SinoPac Securities - FH July 28, 2010 Evergreen Marine Corp. 20,000, , (Taiwan) SinoPac Securities - FI July 28, 2010 Opto Tech 12,000, , SinoPac Securities - FJ July 28, 2010 Unimicron Technology Corp. 12,000, , SinoPac Securities - FK July 28, 2010 Global Sweeteners Holdings 15,000, , Limited SinoPac Securities - FL July 28, 2010 Visual Photonics Epitaxy Co., 20,000, , SinoPac Securities - FM July 29, 2010 Hiwin Technologies Corp. 7,500, , SinoPac Securities - FN July 29, 2010 Phihong Technology Co., 12,000, , SinoPac Securities - FP July 29, 2010 Catcher Technology Co., 7,500, , SinoPac Securities - FQ July 29, 2010 Ite Tech. Inc. 10,000, , SinoPac Securities - FR July 29, 2010 Zinwell 20,000, , SinoPac Securities - FS July 29, 2010 Ralink Technology Corp. 10,000, , SinoPac Securities - FT July 29, 2010 Iteq 20,000, , SinoPac Securities - W2 July 29, 2010 Advanced Ceramic X 12,000, , SinoPac Securities - W3 July 29, 2010 Ardentec 15,000, , SinoPac Securities - W4 July 29, 2010 Userjoy Technology Co., 5,000, , SinoPac Securities - W5 July 29, 2010 Netronix, Inc. 9,000, , SinoPac Securities - W6 July 29, 2010 Youngtek Electronics 8,000, , SinoPac Securities - W7 July 29, 2010 Advanced Wireless 16,000, , Semiconductor Company SinoPac Securities - PA July 30, 2010 Wafer Works Corp. 15,000, , SinoPac Securities - PB July 30, 2010 Systex 15,000, , SinoPac Securities - PC July 30, 2010 Firich Enterprises Co., 12,000, , SinoPac Securities - PD July 30, 2010 Wah Hong Industrial Corp. 5,000, , SinoPac Securities - W8 July 30, 2010 Channel Well Technology 12,000, , Co., SinoPac Securities - W9 July 30, 2010 Episil Technologies Inc. 10,000, , SinoPac Securities - FU August 2, 2010 Taiwan Cement Corp. 5,000, , SinoPac Securities - FV August 2, 2010 Greatwall Ent 10,000, , SinoPac Securities - FW August 2, 2010 Lian Hwa Foods 5,000, , SinoPac Securities - FX August 2, 2010 Upc Technology 5,000, , SinoPac Securities - FY August 2, 2010 Far Eastern New Century 5,000, , SinoPac Securities - FZ August 2, 2010 Cheng Shin Rubber Ind., Co., 5,000, , SinoPac Securities - GA August 2, 2010 Far Eastern Department 5,000, , Stores SinoPac Securities - GB August 2, 2010 Largan Precision Co., 5,000, , SinoPac Securities - GC August 2, 2010 Ali 10,000, , SinoPac Securities - GD August 2, 2010 Tong Hsing Electronic 10,000, , Industries, SinoPac Securities - GE August 2, 2010 Acbel Polytech Inc. 10,000, , SinoPac Securities - GF August 2, 2010 Wistron Neweb 5,000, , SinoPac Securities - GG August 2, 2010 Chang Wah Electronmaterials 10,000, , Inc. SinoPac Securities - GH August 2, 2010 Taiwan Pcb Techvest Co., 10,000, , SinoPac Securities - GI August 2, 2010 Highwealth Construction 10,000, , Corp. SinoPac Securities - GJ August 2, 2010 Chong Hong Construction Co., 7,500, , (Continued)

109 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - GK August 2, 2010 Shih Wei Navigation Co., 15,000, $ 7,800 $ SinoPac Securities - PE August 3, 2010 Pixart Imaging Inc. 8,000, , SinoPac Securities - PF August 3, 2010 STATS Chippac Taiwan 12,000, , Semiconductor Corp. SinoPac Securities - PG August 3, 2010 Kenmec Mechanical 10,000, , Engineering Co., SinoPac Securities - GL August 4, 2010 Lee Chang Yung Chemical 5,000, , Industry Corp. SinoPac Securities - GM August 4, 2010 China Man-Made Fiber 5,000, , SinoPac Securities - GN August 4, 2010 Nankang Rubber Tire Corp., 12,000, , SinoPac Securities - GP August 4, 2010 Advanced Semiconductor 5,000, , Engineering, Inc. SinoPac Securities - GQ August 4, 2010 Yageo 10,000, , SinoPac Securities - GR August 4, 2010 Mitac Technology Corp. 12,000, , SinoPac Securities - GS August 4, 2010 Asia Optical Co., Inc. 20,000, , SinoPac Securities - GT August 4, 2010 Jess-Link Products Co., 15,000, , SinoPac Securities - GU August 4, 2010 Cal-Comp Electronics 10,000, , (Thailand) Pub Co SinoPac Securities - GV August 4, 2010 Pou Chen 7,500, , SinoPac Securities - PH August 4, 2010 Solar Applied Materials 20,000, , Technology Corp. SinoPac Securities - PJ August 4, 2010 Vanguard International 6,000, , Semiconductor Co. SinoPac Securities - PK August 4, 2010 Longwell Company 5,000, , SinoPac Securities - PL August 4, 2010 Taiwan Semiconductor Co., 10,000, , SinoPac Securities - GW August 5, 2010 Hey-Song 10,000, , SinoPac Securities - GX August 5, 2010 Walsin Lihwa 5,000, , SinoPac Securities - GY August 5, 2010 Tsrc 5,000, , SinoPac Securities - GZ August 5, 2010 STATS Chippac Taiwan 10,000, , Semiconductor Corp. SinoPac Securities - HA August 5, 2010 Hon Hai Precision Ind. Co., 15,000, , SinoPac Securities - HB August 5, 2010 Kindom Construction Corp. 10,000, , SinoPac Securities - HC August 5, 2010 Huang Hsiang Construction 10,000, , SinoPac Securities - HD August 5, 2010 Neo Solar Power Corp. 15,000, , SinoPac Securities - HE August 5, 2010 Powertech Technology Inc. 12,000, , SinoPac Securities - HF August 5, 2010 Ju Teng International 12,000, , Holdings Limited SinoPac Securities - PM August 5, 2010 Hu Lane Associate Inc. 10,000, , SinoPac Securities - PN August 5, 2010 Prime View International Co., 10,000, , SinoPac Securities - PP August 5, 2010 A-Data Technology Co., 20,000, , SinoPac Securities - HG August 11, 2010 Usi 5,000, , SinoPac Securities - HH August 11, 2010 Qisda 10,000, , SinoPac Securities - HI August 11, 2010 Htc 10,000, , SinoPac Securities - HJ August 11, 2010 Taiwan Prosperity Chemical 5,000, , SinoPac Securities - HK August 11, 2010 Tingyi (Cayman Islands) 12,000, , Holding Corp. SinoPac Securities - HL August 11, 2010 Medtecs International 12,000, , SinoPac Securities - HM August 11, 2010 Standard Foods 10,000, , SinoPac Securities - HN August 11, 2010 Tong Yang Industry Co., 10,000, , SinoPac Securities - HP August 11, 2010 Yungtay Engineering Co., 5,000, , SinoPac Securities - HQ August 11, 2010 China Motor 5,000, , SinoPac Securities - HR August 11, 2010 Acer Incorporated 10,000, , SinoPac Securities - HS August 11, 2010 Foxconn Technology Co., 5,000, , SinoPac Securities - HT August 11, 2010 Wintek 12,000, , SinoPac Securities - HU August 11, 2010 Cheng Uei Precision Industry 10,000, , Co., SinoPac Securities - HV August 11, 2010 Yang Ming Marine Transport 15,000, , Corp. SinoPac Securities - HW August 11, 2010 Formosa International Hotels 15,000, , SinoPac Securities - HX August 11, 2010 China Life Insurance 10,000, , Company, SinoPac Securities - HY August 11, 2010 Taishin Financial Holding 5,000, , Co., SinoPac Securities - HZ August 11, 2010 Waterland Financial Holdings 5,000, , SinoPac Securities - JA August 11, 2010 Wah Lee Industrial Corp. 10,000, , (Continued)

110 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - JB August 11, 2010 Wistron 10,000, $ 8,200 $ SinoPac Securities - JC August 11, 2010 Wpg Holdings Limited 12,000, , SinoPac Securities - JD August 11, 2010 TAIEX 5,000, ,200 8, SinoPac Securities - JE August 11, 2010 Wei Chuan Foods Corp. 12,000, , SinoPac Securities - JF August 11, 2010 China Petrochemical 7,500, , Development SinoPac Securities - JG August 11, 2010 Namchow Chemical 10,000, , Industrial SinoPac Securities - JH August 11, 2010 Taiwan Glass Ind. Corp. 5,000, , SinoPac Securities - JI August 11, 2010 Tung Ho Steel Enterprise 10,000, , Corp. SinoPac Securities - JJ August 11, 2010 Cheng Shin Rubber Ind., Co., 10,000, , SinoPac Securities - JK August 11, 2010 Yulon Motor Co., 5,000, , SinoPac Securities - JL August 11, 2010 Asustek Computer Inc. 12,000, , SinoPac Securities - JM August 11, 2010 Taiwan Life Insurance Co., 10,000, , SinoPac Securities - JN August 11, 2010 Yuanta Financial Holdings 15,000, , SinoPac Securities - JP August 11, 2010 Ruentex Development Co., 10,000, , SinoPac Securities - PQ August 11, 2010 Chipbond Technology 7,000, , SinoPac Securities - PR August 11, 2010 Motech Industries Inc 10,000, , SinoPac Securities - PS August 11, 2010 Chinese Gamer International 20,000, , SinoPac Securities - JQ August 16, 2010 Lee Chang Yung Chemical 5,000, , Industry Corp. SinoPac Securities - JR August 16, 2010 Oriental Union Chemical 5,000, , Corp. SinoPac Securities - JS August 16, 2010 China Steel Chemical Co. 10,000, , SinoPac Securities - JT August 16, 2010 China Steel 12,000, , SinoPac Securities - JU August 16, 2010 Ritek 10,000, , SinoPac Securities - JV August 16, 2010 Micro-Star International Co., 10,000, , SinoPac Securities - JW August 16, 2010 Mediatek Inc. 15,000, , SinoPac Securities - JX August 16, 2010 Mediatek Inc. 10,000, , SinoPac Securities - JY August 16, 2010 First Steamship Co., 12,000, , SinoPac Securities - JZ August 16, 2010 Evergreen International 10,000, , Storage & Transport SinoPac Securities - KA August 16, 2010 Globe Union Industrial Corp 10,000, , SinoPac Securities - KB August 17, 2010 Tainan Spinning Co., 5,000, , SinoPac Securities - KC August 17, 2010 Makalot Industrial Co., 10,000, , SinoPac Securities - KD August 17, 2010 Sanyang Industry Co., 10,000, , SinoPac Securities - KE August 17, 2010 Chroma Ate Inc. 5,000, , SinoPac Securities - KF August 17, 2010 Greatek Electrontcs Inc. 10,000, , SinoPac Securities - KG August 17, 2010 Eva Airways 10,000, , SinoPac Securities - KH August 17, 2010 Kobin Environmental 10,000, , Enterprise Co., SinoPac Securities - KI August 17, 2010 Lian Hwa Foods 10,000, , SinoPac Securities - KJ August 17, 2010 D-Link 5,000, , SinoPac Securities - KK August 17, 2010 Aurora 10,000, , SinoPac Securities - KL August 17, 2010 Ability Enterprise Co., 10,000, , SinoPac Securities - KM August 17, 2010 Elite Semiconductor Memory 20,000, , Technology Inc. SinoPac Securities - KN August 17, 2010 Young Fast Optoelectronics 20,000, , Co., SinoPac Securities - PT August 17, 2010 Celxpert Energy 8,000, , SinoPac Securities - PU August 17, 2010 Microbio Co., 15,000, , SinoPac Securities - PV August 17, 2010 St.Shine Optical Co., 3,000, , SinoPac Securities - PW August 17, 2010 Macroblock, Inc. 5,000, , SinoPac Securities - KP August 18, 2010 Garnd Pacific Petrochemical 10,000, , SinoPac Securities - KQ August 18, 2010 Lee Chang Yung Chemical 5,000, , Industry Corp. SinoPac Securities - KR August 18, 2010 China Man-Made Fiber 5,000, , SinoPac Securities - KS August 18, 2010 Clevo Co. 10,000, , SinoPac Securities - KT August 18, 2010 Prince Housing & 5,000, , Development Corp. SinoPac Securities - KU August 18, 2010 Evergreen Marine Corp. 12,000, , (Taiwan) SinoPac Securities - KV August 18, 2010 Chang Hwa Commercial 10,000, , Bank, SinoPac Securities - KW August 18, 2010 Taiwan Business Bank 10,000, , SinoPac Securities - KX August 18, 2010 Taiwan Tea 15,000, , SinoPac Securities - KY August 18, 2010 Ruentex Industries Limited 10,000, , SinoPac Securities - KZ August 18, 2010 Asia Vital Components Co., 10,000, , (Continued)

111 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - LA August 18, 2010 Chi Mei Optoelectronics 15,000, $ 9,750 $ SinoPac Securities - LB August 18, 2010 Wistron Neweb 10,000, , SinoPac Securities - LC August 20, 2010 Asia Cement 10,000, , SinoPac Securities - LD August 20, 2010 Phihong Technology Co., 10,000, , SinoPac Securities - LE August 20, 2010 Sincere Navigation 10,000, , SinoPac Securities - LF August 20, 2010 U-Ming Marine Transport 10,000, , Corp. SinoPac Securities - LG August 20, 2010 Chinese Maritime Transport 10,000, , SinoPac Securities - LH August 20, 2010 Fubon Financial Holding Co., 12,000, , SinoPac Securities - LI August 20, 2010 Mega Financial Holding Co., 10,000, , SinoPac Securities - LJ August 20, 2010 Far Eastern Department 5,000, , Stores SinoPac Securities - LK August 20, 2010 Cybertan Technology Inc. 10,000, , SinoPac Securities - LL August 20, 2010 Green Energy Technology 14,000, , Inc. SinoPac Securities - LM August 20, 2010 China Metal Products Co., 10,000, , SinoPac Securities - LN August 20, 2010 Taiwan Fertilizer Co., 5,000, , SinoPac Securities - LP August 20, 2010 Chicony Electronics Co. 10,000, , SinoPac Securities - LQ August 20, 2010 Darfon Electronics Corp 10,000, , SinoPac Securities - PX August 20, 2010 Sino-American Silicon 10,000, , Products Inc. SinoPac Securities - LR August 23, 2010 Realtek Semiconductor Corp 10,000, , SinoPac Securities - LS August 23, 2010 Wintek 12,000, , SinoPac Securities - LT August 23, 2010 HTC 10,000, , SinoPac Securities - LU August 23, 2010 Holy Stone Enterprise Co., 10,000, , SinoPac Securities - LV August 23, 2010 Faraday Technology Corp. 10,000, , SinoPac Securities - LW August 23, 2010 Shin Zu Shing Co., 10,000, , SinoPac Securities - LX August 23, 2010 Alpha Networks Inc. 10,000, , SinoPac Securities - LY August 23, 2010 Radiant Opto-Electronics 5,000, , Corp. SinoPac Securities - LZ August 23, 2010 Lite-On Technology Corp. 5,000, , SinoPac Securities - MA August 23, 2010 Gigabyte Technology Co., 6,000, , SinoPac Securities - MB August 23, 2010 Precision Silicon Corp. 10,000, , SinoPac Securities - MC August 23, 2010 Radium Life Tech. Co., 10,000, , SinoPac Securities - MD August 23, 2010 Compal Communications Inc. 10,000, , SinoPac Securities - ME August 23, 2010 Elan Microelectronics Corp 10,000, , SinoPac Securities - MF August 23, 2010 Coretronic 5,000, , SinoPac Securities - MG August 23, 2010 Rich Development Co., 7,500, , SinoPac Securities - MH August 23, 2010 Simplo Tchnology Co., 10,000, , SinoPac Securities - MI August 23, 2010 Wah Hong Industrial Corp. 20,000, , SinoPac Securities - MJ August 24, 2010 Lee Chang Yung Chemical 7,500, , Industry Corp. SinoPac Securities - MK August 24, 2010 Everlight Chemical Industrial 10,000, , SinoPac Securities - ML August 24, 2010 Yulon Motor Co., 6,000, , SinoPac Securities - MM August 24, 2010 Sanyang Industry Co., 12,000, , SinoPac Securities - MN August 24, 2010 Goldsun Development & 10,000, , Construction Co., SinoPac Securities - MP August 24, 2010 Eva Airways 6,000, , SinoPac Securities - MQ August 24, 2010 Altek 10,000, , SinoPac Securities - MR August 24, 2010 Taiwan Prosperity Chemical 10,000, , SinoPac Securities - MS August 24, 2010 Darfon Electronics Corp 12,000, , SinoPac Securities - PY August 24, 2010 Upc Technology 10,000, , SinoPac Securities - PZ August 24, 2010 China Petrochemical 10,000, , Development SinoPac Securities - QA August 24, 2010 Walsin Lihwa 3,000, , SinoPac Securities - QB August 24, 2010 China Synthetic Rubber 10,000, , SinoPac Securities - QC August 24, 2010 Sinmag Bakery Machine 5,000, , SinoPac Securities - QD August 24, 2010 Pacific Hospital Supply Co., 4,000, , SinoPac Securities - QE August 24, 2010 Kenmec Mechanical 10,000, , Engineering Co., SinoPac Securities - QF August 24, 2010 Pchome Online Inc. 3,000, , SinoPac Securities - QG August 24, 2010 Avy Precision Technology Inc. 10,000, , (Continued)

112 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - MT August 26, 2010 Uni-President Enterprises 10,000, $ 5,600 $ Corp. SinoPac Securities - MU August 26, 2010 Usi 6,000, , SinoPac Securities - MV August 26, 2010 Eternal Chemical Co., 10,000, , SinoPac Securities - MW August 26, 2010 Huang Hsiang Construction 10,000, , SinoPac Securities - MX August 26, 2010 Formosa International Hotels 12,000, , SinoPac Securities - MY August 26, 2010 Chinatrust Financial Holding 7,500, , Company SinoPac Securities - MZ August 26, 2010 Gemtek Technology Co., 10,000, , SinoPac Securities - NA August 26, 2010 Chong Hong Construction 10,000, , Co., SinoPac Securities - NB August 26, 2010 Ton Yi Industrial Corp. 10,000, , SinoPac Securities - NC August 26, 2010 Taiwan Semiconductor 5,000, , Manufacturing Co., SinoPac Securities - ND August 26, 2010 Macronix International Co., 10,000, , SinoPac Securities - NE August 26, 2010 Farglory Land Development 10,000, , Co., SinoPac Securities - NF August 26, 2010 Pou Chen 10,000, , SinoPac Securities - NG August 27, 2010 Wpg Holdings Limited 5,000, , SinoPac Securities - NH August 27, 2010 Huaku Construction Co., 10,000, , SinoPac Securities - NI August 27, 2010 Neo Solar Power Corp. 10,000, , SinoPac Securities - NJ August 27, 2010 Tty Biopharm Company 10,000, , Limited SinoPac Securities - NK August 27, 2010 Kd Holding 10,000, , SinoPac Securities - NL August 30, 2010 United Microelectronics 5,000, , Corp. SinoPac Securities - NM August 30, 2010 Silicon Integrated Systems 10,000, , Corp. SinoPac Securities - NN August 30, 2010 Au Optronics Corp. 15,000, , SinoPac Securities - NP August 30, 2010 Tripod Technology 5,000, , SinoPac Securities - NQ August 30, 2010 Acbel Polytech Inc. 10,000, , SinoPac Securities - NR August 30, 2010 Richtek Technology Corp. 12,000, , SinoPac Securities - NS August 30, 2010 Formosa Advanced 10,000, , Technologies Co., SinoPac Securities - NT August 30, 2010 Young Fast Optoelectronics 15,000, , Co., SinoPac Securities - NU August 30, 2010 Visual Photonics Epitaxy Co., 13,000, , SinoPac Securities - QH August 30, 2010 Formosa Plastics 8,000, , SinoPac Securities - QJ August 30, 2010 Shinkong Synthetic Fiber 5,000, , SinoPac Securities - QL August 30, 2010 Fulltech Fiber Glass Corp. 18,000, , SinoPac Securities - QM August 30, 2010 Wafer Works Corp. 12,000, , SinoPac Securities - 01 August 31, 2010 Wintek 20,000, , SinoPac Securities - NV August 31, 2010 Lee Chang Yung Chemical 12,000, , Industry Corp. SinoPac Securities - NW August 31, 2010 Htc 20,000, , SinoPac Securities - NX August 31, 2010 Bes Engineering Co 10,000, , SinoPac Securities - NY August 31, 2010 Kindom Construction Corp. 10,000, , SinoPac Securities - NZ August 31, 2010 Radium Life Tech. Co., 15,000, , SinoPac Securities - QN August 31, 2010 Topco Technologies Corp. 5,000, , SinoPac Securities - QP August 31, 2010 Microlife 8,000, , SinoPac Securities - QQ August 31, 2010 Userjoy Technology Co., 13,000, , SinoPac Securities - 02 September 2, 2010 Prince Housing & 6,000, , Development Corp. SinoPac Securities - 03 September 2, 2010 China Airlines 10,000, , SinoPac Securities - 04 September 2, 2010 Young Optics Inc. 20,000, , SinoPac Securities - 05 September 2, 2010 Gintech Energy 10,000, , SinoPac Securities - QR September 3, 2010 Gloria Material Technology 6,000, , Corp SinoPac Securities - QS September 3, 2010 Mjc Probe Inc. 5,000, , SinoPac Securities - QT September 3, 2010 Motech Industries Inc 10,000, , SinoPac Securities - QU September 3, 2010 Firich Enterprises Co., 10,000, , SinoPac Securities - 06 September 6, 2010 Asustek Computer Inc. 7,500, , SinoPac Securities - 07 September 6, 2010 Quanta Computer Inc. 5,000, , SinoPac Securities - 08 September 6, 2010 Kinsus Interconnect 5,000, , Technology Corp. SinoPac Securities - 09 September 6, 2010 Yungtay Engineering Co., 5,000, , SinoPac Securities - 10 September 6, 2010 Siliconware Precision 5,000, , Industries Co., SinoPac Securities - 11 September 6, 2010 Unity Opto Technology Co., 10,000, , (Continued)

113 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - 12 September 6, 2010 Elite Semiconductor Memory 20,000, $ 13,800 $ Technology Inc. SinoPac Securities - 13 September 6, 2010 Entire Technology Co., 10,000, , SinoPac Securities - 14 September 6, 2010 Jentech Precision Industrial 20,000, , Co., SinoPac Securities - 15 September 6, 2010 Ju Teng International 14,000, , Holdings Limited SinoPac Securities - 16 September 6, 2010 Acer Incorporated 5,000, , SinoPac Securities - 17 September 6, 2010 Prince Housing & 7,500, , Development Corp. SinoPac Securities - 18 September 6, 2010 Highwealth Construction 7,500, , Corp. SinoPac Securities - 19 September 6, 2010 Chi Mei Optoelectronics 7,500, , SinoPac Securities - 20 September 6, 2010 Lite-On It 10,000, , SinoPac Securities - QV September 6, 2010 Gamania Digital 10,000, , Entertainment Co., SinoPac Securities - QW September 6, 2010 Quanta Storage Inc. 8,000, , SinoPac Securities - QX September 6, 2010 Zeng Hsing Industrial Co., 5,000, , SinoPac Securities - QY September 6, 2010 Prosperity Dielectrics Co., 17,000, , SinoPac Securities - QZ September 8, 2010 Taiwan Chi Cheng Enterprise 8,000, , Co., SinoPac Securities - RA September 8, 2010 Dynapack International 10,000, , Technology SinoPac Securities - RB September 8, 2010 Dahan Development Corp. 2,000, , SinoPac Securities - RC September 8, 2010 Hu Lane Associate Inc. 10,000, , SinoPac Securities - 21 September 9, 2010 Advanced Semiconductor 5,000, , Engineering, Inc. SinoPac Securities - 22 September 9, 2010 Pan-International Industrial 12,000, , Corp. SinoPac Securities - 23 September 9, 2010 Walsin Technology 5,000, , SinoPac Securities - 24 September 9, 2010 Shin Zu Shing Co., 10,000, , SinoPac Securities - 25 September 9, 2010 Young Optics Inc. 15,000, , SinoPac Securities - 26 September 9, 2010 Richtek Technology Corp. 10,000, , SinoPac Securities - 27 September 9, 2010 Chang Wah Electronmaterials 15,000, , Inc. SinoPac Securities - 28 September 9, 2010 Taiwan Pcb Techvest Co., 10,000, , SinoPac Securities - 29 September 9, 2010 Ali 20,000, , SinoPac Securities - 30 September 9, 2010 Chung Hung Steel Co., 10,000, , SinoPac Securities - 31 September 9, 2010 King Slide Works Co., 12,000, , SinoPac Securities - 32 September 9, 2010 Hon Hai Precision Ind. Co., 20,000, , SinoPac Securities - 33 September 9, 2010 Hon Hai Precision Ind. Co., 10,000, , SinoPac Securities - 34 September 9, 2010 Cheng Uei Precision Industry 5,000, , Co., SinoPac Securities - 35 September 9, 2010 Amtran Technology Co., 10,000, , SinoPac Securities - 36 September 9, 2010 Hung Poo Real Estate 10,000, , Development Co., SinoPac Securities - 37 September 9, 2010 Global Unichip Corp. 5,000, , SinoPac Securities - 38 September 9, 2010 Farglory Land Development 15,000, , Co., SinoPac Securities - 39 September 9, 2010 Jess-Link Products Co., 20,000, , SinoPac Securities - 40 September 9, 2010 Tong Hsing Electronic 10,000, , Industries, SinoPac Securities - 41 September 9, 2010 Global Mixed-Mode 5,000, , Technology Inc SinoPac Securities - RD September 9, 2010 International Games System 10,000, , Co., SinoPac Securities - RE September 9, 2010 Jih Sun Financial Holding 10,000, , Co., SinoPac Securities - RF September 9, 2010 Etron Technology, Inc. 20,000, , SinoPac Securities - RG September 9, 2010 Longwell Company 5,400, , SinoPac Securities - RH September 9, 2010 Wei Mon Industry Co., 9,000, , SinoPac Securities - RJ September 9, 2010 Phison Electronics Corp. 16,000, , SinoPac Securities - RK September 9, 2010 Pixart Imaging Inc. 20,000, , SinoPac Securities - RL September 9, 2010 Soft-World International 20,000, , SinoPac Securities - RM September 9, 2010 Chipbond Technology 3,000, , SinoPac Securities - RN September 9, 2010 Motech Industries Inc 20,000, , SinoPac Securities - RP September 9, 2010 Pchome Online Inc. 20,000, , SinoPac Securities - RQ September 9, 2010 Kaori Heat Treatment Co., 10,000, , (Continued)

114 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - 42 September 13, 2010 Wei Chuan Foods Corp. 10,000, $ 7,000 $ SinoPac Securities - 43 September 13, 2010 Radium Life Tech. Co., 20,000, , SinoPac Securities - 44 September 13, 2010 Yang Ming Marine Transport 7,500, , Corp. SinoPac Securities - 45 September 13, 2010 Txc 10,000, , SinoPac Securities - 46 September 13, 2010 Asia Optical Co., Inc. 20,000, , SinoPac Securities - RR September 13, 2010 P-Two Industries Inc. 8,000, , SinoPac Securities - RS September 13, 2010 Sino-American Silicon 20,000, , Products Inc. SinoPac Securities - 47 September 15, 2010 Usi 5,000, , SinoPac Securities - 48 September 15, 2010 Cyberlink Co., 10,000, , SinoPac Securities - 49 September 15, 2010 Gintech Energy 20,000, , SinoPac Securities - 50 September 15, 2010 Lotes Co., 18,000, , SinoPac Securities - 51 September 15, 2010 Lee Chang Yung Chemical 20,000, , Industry Corp. SinoPac Securities - 52 September 15, 2010 Everlight Chemical Industrial 10,000, , SinoPac Securities - 53 September 15, 2010 Foxconn Technology Co., 5,000, , SinoPac Securities - 54 September 15, 2010 Chroma Ate Inc. 5,000, , SinoPac Securities - 55 September 15, 2010 First Steamship Co., 10,000, , SinoPac Securities - 56 September 15, 2010 China Airlines 7,500, , SinoPac Securities - 57 September 15, 2010 Largan Precision Co., 10,000, , SinoPac Securities - 58 September 15, 2010 Wah Lee Industrial Corp. 10,000, , SinoPac Securities - 59 September 15, 2010 Entire Technology Co., 10,000, , SinoPac Securities - 60 September 15, 2010 Neo Solar Power Corp. 10,000, , SinoPac Securities - 61 September 15, 2010 Wintek 20,000, , SinoPac Securities - 62 September 15, 2010 Formosa Epitaxy 16,000, , Incorporation SinoPac Securities - RT September 15, 2010 Tung Thih Electronic Co., 10,000, , SinoPac Securities - RU September 15, 2010 Tty Biopharm Company 20,000, , Limited SinoPac Securities - RV September 15, 2010 Chinese Gamer International 6,300, , SinoPac Securities - RW September 15, 2010 A-Data Technology Co., 11,000, , SinoPac Securities - RX September 15, 2010 Newmax Technology Co., 10,000, , SinoPac Securities - RY September 15, 2010 Fulltech Fiber Glass Corp. 6,250, , SinoPac Securities - RZ September 16, 2010 St.Shine Optical Co., 7,000, , SinoPac Securities - SA September 16, 2010 Formosa Optical Technology 10,000, , Co., SinoPac Securities - SB September 16, 2010 Yang An Electronics Co., 8,000, , SinoPac Securities - SC September 16, 2010 Simplo Tchnology Co., 6,000, , SinoPac Securities - SD September 16, 2010 Anpec Electronics 20,000, , SinoPac Securities - SE September 16, 2010 Systex 10,000, , SinoPac Securities - SF September 16, 2010 Mjc Probe Inc. 15,000, , SinoPac Securities - 63 September 21, 2010 Qisda 15,000, , SinoPac Securities - 64 September 21, 2010 Evergreen Marine Corp. 7,500, , (Taiwan) SinoPac Securities - 65 September 21, 2010 Tripod Technology 10,000, , SinoPac Securities - 66 September 21, 2010 Chi Mei Optoelectronics 20,000, , SinoPac Securities - 67 September 21, 2010 Green Energy Technology 10,000, , Inc. SinoPac Securities - 68 September 21, 2010 Ralink Technology Corp. 17,000, , SinoPac Securities - 69 September 21, 2010 Solartech Energy Corp. 12,000, , SinoPac Securities - 70 September 21, 2010 Everlight Electronics Co., 10,000, , SinoPac Securities - 71 September 21, 2010 Au Optronics Corp. 15,000, , SinoPac Securities - 72 September 21, 2010 Ite Tech. Inc. 10,000, , SinoPac Securities - 73 September 21, 2010 Usi 15,000, , SinoPac Securities - 74 September 21, 2010 Phihong Technology Co., 10,000, , SinoPac Securities - SG September 21, 2010 Efun Technology Co., 10,000, , SinoPac Securities - SH September 21, 2010 Macroblock, Inc. 18,000, , SinoPac Securities - SJ September 21, 2010 Zeng Hsing Industrial Co., 10,000, , SinoPac Securities - SK September 21, 2010 Tekcore Co., 10,000, , SinoPac Securities - SL September 21, 2010 Kd Holding 12,000, , SinoPac Securities - SM September 21, 2010 Acme Electronics 20,000, , SinoPac Securities - 75 September 23, 2010 Yulon Motor Co., 10,000, , (Continued)

115 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - 76 September 23, 2010 Precision Silicon Corp. 10,000, $ 7,300 $ SinoPac Securities - 77 September 23, 2010 Mediatek Inc. 20,000, , SinoPac Securities - 78 September 23, 2010 Htc 20,000, , SinoPac Securities - 79 September 23, 2010 Prince Housing & 12,000, , Development Corp. SinoPac Securities - 80 September 23, 2010 Chinatrust Financial Holding 12,000, , Company SinoPac Securities - 81 September 23, 2010 Faraday Technology Corp. 10,000, , SinoPac Securities - 82 September 24, 2010 TSEC Taiwan 50 Index 6,000, , SinoPac Securities - 83 September 24, 2010 Far Eastern New Century 5,000, , SinoPac Securities - 84 September 24, 2010 Radium Life Tech. Co., 15,000, , SinoPac Securities - 85 September 24, 2010 E.Sun Financial Holding 5,000, , Company, SinoPac Securities - 86 September 24, 2010 Gemtek Technology Co., 10,000, , SinoPac Securities - 87 September 24, 2010 Chong Hong Construction 12,000, , Co., SinoPac Securities - 88 September 24, 2010 Taiwan Cooperative Bank 10,000, , SinoPac Securities - SN September 24, 2010 Youngtek Electronics 20,000, , SinoPac Securities - SP September 24, 2010 Alcor Micro, Corp. 12,000, , SinoPac Securities - 89 September 28, 2010 Lee Chang Yung Chemical 15,000, , Industry Corp. SinoPac Securities - 90 September 28, 2010 China Motor 5,000, , SinoPac Securities - 91 September 28, 2010 Delta Electronics, Inc. 10,000, , SinoPac Securities - 92 September 28, 2010 D-Link 10,000, , SinoPac Securities - 93 September 28, 2010 Hua Nan Financial Holdings 5,000, , Co., SinoPac Securities - 94 September 28, 2010 Zinwell 20,000, , SinoPac Securities - 95 September 28, 2010 Eva Airways 12,000, , SinoPac Securities - 96 September 28, 2010 China Petrochemical 6,000, , Development SinoPac Securities - SQ September 28, 2010 Taiwan Chinsan Electronic 12,000, , Industrial Co., SinoPac Securities - SR September 28, 2010 Mag. Layers 5,300, , Scientific-Technics Co., SinoPac Securities - SS September 28, 2010 Ardentec 7,100, , SinoPac Securities - ST September 28, 2010 Avy Precision Technology 12,400, , Inc. SinoPac Securities - SU September 28, 2010 Netronix, Inc. 9,200, , SinoPac Securities - SV September 28, 2010 Tty Biopharm Company 20,000, , Limited SinoPac Securities - SW September 28, 2010 Dahan Development Corp. 5,000, , SinoPac Securities - SX September 28, 2010 Prosperity Dielectrics Co., 20,000, , SinoPac Securities - 1A September 29, 2010 Green Energy Technology 10,000, , Inc. SinoPac Securities - 1B September 29, 2010 Wpg Holdings Limited 10,000, , SinoPac Securities - 97 September 29, 2010 Tainan Spinning Co., 5,000, , SinoPac Securities - 98 September 29, 2010 Synnex Technology 10,000, , International Corp. SinoPac Securities - 99 September 29, 2010 Alpha Networks Inc. 10,000, , SinoPac Securities - 1C September 30, 2010 Elan Microelectronics Corp 15,000, , SinoPac Securities - 1D September 30, 2010 Chang Wah Electronmaterials 20,000, , Inc. SinoPac Securities - 1E September 30, 2010 Ali 10,000, , SinoPac Securities - 1F October 1, 2010 Mitac International Corp. 10,000, , SinoPac Securities - 1G October 1, 2010 First Financial Holding Co. 5,000, , SinoPac Securities - 1H October 1, 2010 Kindom Construction Corp. 15,000, , SinoPac Securities - SY October 1, 2010 Zentel Electronic 10,000, , SinoPac Securities - SZ October 1, 2010 Sino-American Silicon 14,000, , Products Inc. SinoPac Securities - TA October 1, 2010 Rich Development Co., 20,000, , SinoPac Securities - 1J October 4, 2010 Micro-Star International Co., 10,000, , SinoPac Securities - 1K October 4, 2010 Transcend Information, Inc. 10,000, , SinoPac Securities - 1L October 4, 2010 Asia Vital Components Co., 10,000, , SinoPac Securities - 1M October 4, 2010 Visual Photonics Epitaxy Co., 20,000, , SinoPac Securities - 1N October 4, 2010 Solartech Energy Corp. 15,000, , SinoPac Securities - 1P October 5, 2010 Qisda 12,000, , SinoPac Securities - 1Q October 5, 2010 Far Eastern Department 5,000, , Stores SinoPac Securities - 1R October 5, 2010 Gintech Energy 12,000, , (Continued)

116 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - 1S October 5, 2010 Jentech Precision Industrial 10,000, $ 6,300 $ Co., SinoPac Securities - 1T October 6, 2010 Mediatek Inc. 20,000, , SinoPac Securities - 1U October 6, 2010 Htc 10,000, , SinoPac Securities - 1V October 6, 2010 Cybertan Technology Inc. 10,000, , SinoPac Securities - 1W October 6, 2010 Wintek 20,000, , SinoPac Securities - 1X October 6, 2010 Kobin Environmental 10,000, , Enterprise Co., SinoPac Securities - TB October 6, 2010 Gloria Material Technology 15,000, , Corp SinoPac Securities - TC October 6, 2010 Chipbond Technology 20,000, , SinoPac Securities - TD October 6, 2010 Advanced Wireless 7,600, , Semiconductor Company SinoPac Securities - TE October 6, 2010 Fulltech Fiber Glass Corp. 20,000, , SinoPac Securities - TF October 6, 2010 Userjoy Technology Co., 15,000, , SinoPac Securities - TG October 6, 2010 Longwell Company 6,700, , SinoPac Securities - 1Y October 8, 2010 Walsin Lihwa 10,000, , SinoPac Securities - 1Z October 8, 2010 Advanced Semiconductor 5,000, , Engineering, Inc. SinoPac Securities - 2A October 8, 2010 Yageo 10,000, , SinoPac Securities - 2B October 8, 2010 Au Optronics Corp. 15,000, , SinoPac Securities - 2C October 8, 2010 China Airlines 12,000, , SinoPac Securities - 2D October 8, 2010 Kinsus Interconnect 5,000, , Technology Corp. SinoPac Securities - 2E October 8, 2010 Chi Mei Optoelectronics 15,000, , SinoPac Securities - 2F October 8, 2010 Shinkong Textile Co., 10,000, , SinoPac Securities - 2G October 8, 2010 Lealea Enterprise Co., 10,000, , SinoPac Securities - 2H October 8, 2010 Nien Hsing Textile Co., 10,000, , SinoPac Securities - 2J October 8, 2010 Teco Electric & Machinery 10,000, , Co., SinoPac Securities - 2K October 8, 2010 Yungshin Global Holding 10,000, , SinoPac Securities - 2L October 8, 2010 Champion Building Materials 10,000, , Co., SinoPac Securities - 2M October 8, 2010 Kinpo Electronics, Inc. 10,000, , SinoPac Securities - 2N October 8, 2010 Compeq Manufacturing Co., 10,000, , SinoPac Securities - 2P October 8, 2010 Mosel Vitelic Inc. 20,000, , SinoPac Securities - 2Q October 8, 2010 Accton Technology Corp. 12,000, , SinoPac Securities - 2R October 8, 2010 United Integrated Services 10,000, , Co., SinoPac Securities - 2S October 8, 2010 Gigastorage 20,000, , SinoPac Securities - 2T October 8, 2010 Pan Jit International Inc. 20,000, , SinoPac Securities - 2U October 8, 2010 Cathay Real Estate 12,000, , Development Co., SinoPac Securities - 2V October 8, 2010 Hung Sheng Construction 10,000, , SinoPac Securities - 2W October 8, 2010 Wan Hai Lines 10,000, , SinoPac Securities - 2X October 8, 2010 Far Eastern International 10,000, , Bank SinoPac Securities - 2Y October 8, 2010 Mercuries & Associates, 10,000, , SinoPac Securities - 2Z October 8, 2010 Hola Home Furnishings Co., 10,000, , SinoPac Securities - 3A October 8, 2010 Wt Microelectronics Co., 10,000, , SinoPac Securities - 3B October 8, 2010 San Chih Semiconductor Inc. 10,000, , SinoPac Securities - 3C October 8, 2010 Pegatron 10,000, , SinoPac Securities - 3D October 8, 2010 Career Technology (Mfg.) 10,000, , Co., SinoPac Securities - 3E October 8, 2010 Taiflex Scientific Co., 10,000, , SinoPac Securities - 3F October 8, 2010 Nan Ya Printed Circuit Board 10,000, , SinoPac Securities - 3G October 8, 2010 Taiwan Acceptance 10,000, , SinoPac Securities - 3H October 12, 2010 Li Peng Enterprise Co., 10,000, , SinoPac Securities - 3J October 12, 2010 Ho Tung Chemical Corp. 10,000, , SinoPac Securities - 3K October 12, 2010 Cheng Loong Corp. 10,000, , SinoPac Securities - 3L October 12, 2010 Kenda Rubber Industrial Co., 10,000, , SinoPac Securities - 3M October 12, 2010 Chin-Poon Industrial Co., 10,000, , SinoPac Securities - 3N October 12, 2010 Kings Town Bank 10,000, , SinoPac Securities - 3P October 12, 2010 Taichung Commercial Bank 10,000, , Co., SinoPac Securities - 3Q October 12, 2010 Holtek Semiconductor Inc. 10,000, , (Continued)

117 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - 3R October 12, 2010 Merida Industry Co., 10,000, $ 6,400 $ SinoPac Securities - TH October 12, 2010 Capella Microsystems 10,000, , (Taiwan), Inc. SinoPac Securities - TJ October 12, 2010 Ablerex Electronics Co., 10,000, , SinoPac Securities - TK October 12, 2010 Orient Europharma Co., 10,000, , SinoPac Securities - TL October 12, 2010 Center Laboratories, Inc. 10,000, , SinoPac Securities - TM October 12, 2010 Pan Asia Chemical Co. 10,000, , SinoPac Securities - TN October 12, 2010 Swancor. Ind. Co., 10,000, , SinoPac Securities - TP October 12, 2010 New Era Electronics Co., 10,000, , SinoPac Securities - TQ October 12, 2010 Yeashin International 10,000, , Development Co., SinoPac Securities - TR October 12, 2010 Gallant Precision Machining 10,000, , Co., SinoPac Securities - TS October 12, 2010 Genesyslogic, Inc. 10,000, , SinoPac Securities - TT October 12, 2010 Princeton Technology 12,000, , SinoPac Securities - TU October 12, 2010 Prolific Technology Inc. 12,000, , SinoPac Securities - TV October 12, 2010 Taiwan Hopax Chems. Mfg. 15,000, , Co., SinoPac Securities - TW October 12, 2010 Coasia Microelectronics 12,000, , Corp. SinoPac Securities - TX October 12, 2010 Eng Electric Co., 8,500, , SinoPac Securities - 3S October 13, 2010 Taiwan Cement Corp. 10,000, , SinoPac Securities - 3T October 13, 2010 Neo Solar Power Corp. 12,000, , SinoPac Securities - TY October 13, 2010 Channel Well Technology 10,000, , Co., SinoPac Securities - TZ October 13, 2010 Pacific Hospital Supply Co., 12,000, , SinoPac Securities - UA October 13, 2010 Episil Technologies Inc. 15,000, , SinoPac Securities - UB October 13, 2010 Acme Electronics 5,000, , SinoPac Securities - 3U October 14, 2010 Taiwan Fertilizer Co., 10,000, , SinoPac Securities - 3V October 14, 2010 Hiwin Technologies Corp. 5,000, , SinoPac Securities - 3W October 14, 2010 Yulon Motor Co., 10,000, , SinoPac Securities - 3X October 14, 2010 China Motor 10,000, , SinoPac Securities - 3Y October 14, 2010 Compal Electronics, Inc. 10,000, , SinoPac Securities - 3Z October 14, 2010 Mediatek Inc. 20,000, , SinoPac Securities - 4A October 14, 2010 Prince Housing & 15,000, , Development Corp. SinoPac Securities - 4B October 14, 2010 Highwealth Construction 10,000, , Corp. SinoPac Securities - 4C October 14, 2010 Young Fast Optoelectronics 20,000, , Co., SinoPac Securities - 4D October 14, 2010 Wei Chuan Foods Corp. 12,000, , SinoPac Securities - 4E October 14, 2010 Nankang Rubber Tire Corp., 20,000, , SinoPac Securities - 4F October 14, 2010 Evergreen Marine Corp. 7,500, , (Taiwan) SinoPac Securities - 4G October 14, 2010 Yang Ming Marine Transport 7,500, , Corp. SinoPac Securities - 4H October 14, 2010 Taiwan Cooperative Bank 10,000, , SinoPac Securities - 4J October 14, 2010 Pou Chen 10,000, , SinoPac Securities - 4K October 14, 2010 Green Energy Technology 20,000, , Inc. SinoPac Securities - 4L October 14, 2010 Jess-Link Products Co., 30,000, , SinoPac Securities - 4M October 15, 2010 Ruentex Development Co., 10,000, , SinoPac Securities - 4N October 15, 2010 Wintek 20,000, , SinoPac Securities - 4P October 15, 2010 Neo-Neon Holdings Limited 10,000, , SinoPac Securities - UC October 18, 2010 Advanced Ceramic X 10,000, , SinoPac Securities - UD October 18, 2010 Sporton International Inc. 6,000, , SinoPac Securities - UE October 18, 2010 Hu Lane Associate Inc. 10,000, , SinoPac Securities - UF October 18, 2010 Wah Hong Industrial Corp. 12,000, , SinoPac Securities - UG October 18, 2010 Wafer Works Corp. 17,000, , SinoPac Securities - 4Q October 19, 2010 Standard Foods 10,000, , SinoPac Securities - 4R October 19, 2010 Namchow Chemical 10,000, , Industrial SinoPac Securities - 4S October 19, 2010 Tsrc 5,000, , SinoPac Securities - 4T October 19, 2010 Accton Technology Corp. 15,000, , SinoPac Securities - 4U October 19, 2010 Cheng Uei Precision Industry 10,000, , Co., SinoPac Securities - 4V October 19, 2010 Sonix Technology Co., 10,000, , SinoPac Securities - 4W October 19, 2010 Jess-Link Products Co., 20,000, , SinoPac Securities - UH October 19, 2010 Sinmag Bakery Machine 10,000, , (Continued)

118 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - UJ October 19, 2010 Tung Thih Electronic Co., 12,000, $ 11,160 $ SinoPac Securities - UK October 19, 2010 Macroblock, Inc. 5,500, , SinoPac Securities - 4X October 20, 2010 Oriental Union Chemical 10,000, , Corp. SinoPac Securities - 4Y October 20, 2010 Mediatek Inc. 20,000, , SinoPac Securities - 4Z October 20, 2010 Htc 10,000, , SinoPac Securities - UL October 22, 2010 Sirtec International Co., 20,000, , SinoPac Securities - UM October 22, 2010 Taiwan Semiconductor Co., 12,000, , SinoPac Securities - UN October 22, 2010 Eng Electric Co., 17,000, , SinoPac Securities - 5A October 25, 2010 Formosa Chemicals & Fibre 5,000, , SinoPac Securities - 5B October 25, 2010 Nien Hsing Textile Co., 10,000, , SinoPac Securities - 5C October 25, 2010 Au Optronics Corp. 15,000, , SinoPac Securities - 5D October 25, 2010 Catcher Technology Co., 5,000, , SinoPac Securities - 5E October 25, 2010 China Life Insurance 12,000, , Company, SinoPac Securities - 5F October 25, 2010 Largan Precision Co., 10,000, , SinoPac Securities - 5G October 25, 2010 Jentech Precision Industrial 12,000, , Co., SinoPac Securities - 5H October 25, 2010 Jess-Link Products Co., 30,000, , SinoPac Securities - 5J October 25, 2010 W.I.S.E.Polariscsi300etf 10,000, , SinoPac Securities - 5K October 25, 2010 Formosa Plastics 5,000, , SinoPac Securities - 5L October 25, 2010 Nan Ya Plastics 10,000, , SinoPac Securities - 5M October 25, 2010 Upc Technology 10,000, , SinoPac Securities - 5N October 25, 2010 Far Eastern New Century 10,000, , SinoPac Securities - 5P October 25, 2010 China Man-Made Fiber 10,000, , SinoPac Securities - 5Q October 25, 2010 Pan Jit International Inc. 11,000, , SinoPac Securities - 5R October 25, 2010 Greatwall Ent 10,000, , SinoPac Securities - 5S October 25, 2010 China Petrochemical 15,000, , Development SinoPac Securities - 5T October 25, 2010 Shinkong Synthetic Fiber 12,000, , SinoPac Securities - 5U October 25, 2010 Tainan Spinning Co., 10,000, , SinoPac Securities - 5V October 25, 2010 Cheng Shin Rubber Ind., Co., 10,000, , SinoPac Securities - 5W October 25, 2010 Huang Hsiang Construction 7,500, , SinoPac Securities - 5X October 25, 2010 Ruentex Industries Limited 10,000, , SinoPac Securities - 5Y October 25, 2010 Unimicron Technology Corp. 10,000, , SinoPac Securities - 5Z October 25, 2010 Wintek 30,000, , SinoPac Securities - UP October 25, 2010 Prosperity Dielectrics Co., 20,000, , SinoPac Securities - 6A October 26, 2010 Tong Yang Industry Co., 10,000, , SinoPac Securities - 6B October 26, 2010 Gigastorage 20,000, , SinoPac Securities - 6C October 26, 2010 Htc 15,000, , SinoPac Securities - 6D October 26, 2010 Novatek Microelectronics 10,000, , Corp. SinoPac Securities - 6E October 26, 2010 Young Optics Inc. 7,500, , SinoPac Securities - UQ October 26, 2010 Zentel Electronic 10,000, , SinoPac Securities - UR October 26, 2010 Tty Biopharm Company 20,000, , Limited SinoPac Securities - US October 26, 2010 Motech Industries Inc 20,000, , SinoPac Securities - UT October 27, 2010 Microlife 10,000, , SinoPac Securities - UU October 27, 2010 Netronix, Inc. 10,500, , SinoPac Securities - UV October 27, 2010 Firich Enterprises Co., 15,000, , SinoPac Securities - UW October 27, 2010 Fulltech Fiber Glass Corp. 12,700, , SinoPac Securities - UX October 27, 2010 Chinese Gamer International 8,400, , SinoPac Securities - UY October 27, 2010 Microbio Co., 9,300, , SinoPac Securities - 6F October 28, 2010 Taiwan Tea 15,000, , SinoPac Securities - 6G October 28, 2010 Global Unichip Corp. 10,000, , SinoPac Securities - 6H October 29, 2010 Garnd Pacific Petrochemical 15,000, , SinoPac Securities - 6J October 29, 2010 Lee Chang Yung Chemical 15,000, , Industry Corp. SinoPac Securities - 6K October 29, 2010 Oriental Union Chemical 15,000, , Corp. SinoPac Securities - 6L October 29, 2010 Entire Technology Co., 12,700, , SinoPac Securities - UZ October 29, 2010 Anpec Electronics 15,000, , SinoPac Securities - VA October 29, 2010 Wei Mon Industry Co., 20,000, , SinoPac Securities - VB October 29, 2010 Userjoy Technology Co., 13,200, , SinoPac Securities - 6M November 1, 2010 Hey-Song 10,000, , (Continued)

119 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - 6N November 1, 2010 Asustek Computer Inc. 15,000, $ 12,450 $ SinoPac Securities - 6P November 1, 2010 Cathay Real Estate 20,000, , Development Co., SinoPac Securities - 6Q November 1, 2010 Radium Life Tech. Co., 20,000, , SinoPac Securities - 6R November 1, 2010 Taiwan Prosperity Chemical 12,000, , SinoPac Securities - 6S November 3, 2010 Teco Electric & Machinery 12,000, , Co., SinoPac Securities - 6T November 3, 2010 Acer Incorporated 10,000, , SinoPac Securities - 6U November 3, 2010 Quanta Computer Inc. 10,000, , SinoPac Securities - 6V November 3, 2010 Chicony Electronics Co. 12,000, , SinoPac Securities - 6W November 3, 2010 Eva Airways 20,000, , SinoPac Securities - 6X November 3, 2010 Radiant Opto-Electronics 10,000, , Corp. SinoPac Securities - 6Y November 3, 2010 TAIEX 10,000, ,000 9, SinoPac Securities - 6Z November 3, 2010 Hiwin Technologies Corp. 12,000, , SinoPac Securities - 7A November 3, 2010 Siliconware Precision 10,000, , Industries Co., SinoPac Securities - 7B November 3, 2010 Aurora 10,000, , SinoPac Securities - 7C November 3, 2010 China Airlines 12,000, , SinoPac Securities - 7D November 3, 2010 Asia Optical Co., Inc. 20,000, , SinoPac Securities - 7E November 3, 2010 Wt Microelectronics Co., 12,000, , SinoPac Securities - 7F November 3, 2010 Want Want China Holdings 15,200, , Limited SinoPac Securities - VC November 3, 2010 Tung Thih Electronic Co., 15,000, , SinoPac Securities - VD November 3, 2010 Cub Elecparts Inc. 8,000, , SinoPac Securities - VE November 3, 2010 Simplo Technology Co., 10,000, , SinoPac Securities - 7G November 4, 2010 Sunplus Technology Co., 10,000, , SinoPac Securities - 7H November 4, 2010 King Yuan Electronics Co., 10,000, , SinoPac Securities - 7J November 4, 2010 Evergreen Marine Corp. 15,000, , (Taiwan) SinoPac Securities - 7K November 4, 2010 Evergreen International 12,000, , Storage & Transport SinoPac Securities - 7L November 4, 2010 Globe Union Industrial Corp 10,000, , SinoPac Securities - 7M November 4, 2010 Taiwan Hon Chuan 15,100, , Enterprise Co., SinoPac Securities - VF November 4, 2010 Alltop Technology Co., 8,000, , SinoPac Securities - VG November 4, 2010 Gloria Material Technology 20,000, , Corp SinoPac Securities - VH November 4, 2010 Fulltech Fiber Glass Corp. 20,000, , SinoPac Securities - 7N November 5, 2010 United Microelectronics 10,000, , Corp. SinoPac Securities - 7P November 5, 2010 Elitegroup Computer Systems 10,000, , Co., SinoPac Securities - 7Q November 5, 2010 Richtek Technology Corp. 12,000, , SinoPac Securities - 7R November 5, 2010 Elan Microelectronics Corp 15,000, , SinoPac Securities - VJ November 10, 2010 Zeng Hsing Industrial Co., 19,900, , SinoPac Securities - 7S November 11, 2010 Hon Hai Precision Ind. Co., 20,000, , SinoPac Securities - 7T November 11, 2010 Winbond Electronics Corp. 10,000, , SinoPac Securities - 7U November 11, 2010 Clevo Co. 12,000, , SinoPac Securities - 7V November 11, 2010 Cheng Uei Precision Industry 10,000, , Co., SinoPac Securities - 7W November 11, 2010 Mediatek Inc. 20,000, , SinoPac Securities - 7X November 11, 2010 Mediatek Inc. 10,000, , SinoPac Securities - 7Y November 11, 2010 Htc 30,000, , SinoPac Securities - 7Z November 11, 2010 Yang Ming Marine Transport 15,000, , Corp. SinoPac Securities - 8A November 11, 2010 Wistron 10,000, , SinoPac Securities - 8B November 11, 2010 TSEC Taiwan 50 Index 12,000, , SinoPac Securities - 8C November 11, 2010 Wpg Holdings Limited 15,000, , SinoPac Securities - 8D November 11, 2010 Phihong Technology Co., 20,000, , SinoPac Securities - 8E November 11, 2010 Ju Teng International 10,000, , Holdings Limited SinoPac Securities - 8F November 11, 2010 Lotes Co., 20,000, , SinoPac Securities - 8G November 12, 2010 Prince Housing & 20,000, , Development Corp. SinoPac Securities - 8H November 12, 2010 Highwealth Construction 20,000, , Corp. SinoPac Securities - 8J November 12, 2010 Huang Hsiang Construction 20,000, , SinoPac Securities - 8K November 12, 2010 Radium Life Tech. Co., 20,000, , (Continued)

120 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - VK November 12, 2010 Solar Applied Materials 20,000, $ 16,200 $ Technology Corp. SinoPac Securities - VL November 12, 2010 Kenmec Mechanical 8,000, , Engineering Co., SinoPac Securities - VM November 12, 2010 Advanced Wireless 20,000, , Semiconductor Company SinoPac Securities - VN November 12, 2010 Chinese Gamer International 10,600, , SinoPac Securities - VP November 12, 2010 Pixart Imaging Inc. 15,000, , SinoPac Securities - VQ November 12, 2010 Userjoy Technology Co., 20,000, , SinoPac Securities - 8L November 16, 2010 Uni-President Enterprises 10,000, , Corp. SinoPac Securities - 8M November 16, 2010 Formosa Plastics 10,000, , SinoPac Securities - 8N November 16, 2010 Formosa Chemicals & Fibre 10,000, , SinoPac Securities - 8P November 16, 2010 Bes Engineering Co 10,000, , SinoPac Securities - 8Q November 16, 2010 Taiwan Business Bank 10,000, , SinoPac Securities - 8R November 16, 2010 Taiwan Pcb Techvest Co., 10,000, , SinoPac Securities - 8S November 16, 2010 Hiwin Technologies Corp. 15,000, , SinoPac Securities - 8T November 16, 2010 Usi 10,000, , SinoPac Securities - 8U November 16, 2010 China Petrochemical 12,000, , Development SinoPac Securities - 8V November 16, 2010 Tainan Spinning Co., 12,000, , SinoPac Securities - 8W November 16, 2010 Tsrc 10,000, , SinoPac Securities - 8X November 16, 2010 China Synthetic Rubber 12,000, , SinoPac Securities - 8Y November 16, 2010 Sanyang Industry Co., 12,000, , SinoPac Securities - 8Z November 16, 2010 Goldsun Development & 12,000, , Construction Co., SinoPac Securities - 9A November 16, 2010 Yuanta Financial Holdings 20,000, , SinoPac Securities - 9B November 16, 2010 Mercuries & Associates, 10,000, , SinoPac Securities - 9C November 16, 2010 Faraday Technology Corp. 10,000, , SinoPac Securities - 9D November 16, 2010 Taiwan Prosperity Chemical 20,000, , SinoPac Securities - 9E November 16, 2010 Farglory Land Development 15,000, , Co., SinoPac Securities - 9F November 16, 2010 Chong Hong Construction 15,000, , Co., SinoPac Securities - 9G November 16, 2010 Ruentex Development Co., 10,000, , SinoPac Securities - 9H November 16, 2010 Kindom Construction Corp. 20,000, , SinoPac Securities - VR November 16, 2010 Coasia Microelectronics 20,000, , Corp. SinoPac Securities - VS November 16, 2010 Macroblock, Inc. 13,200, , SinoPac Securities - VT November 16, 2010 Newmax Technology Co., 10,400, , SinoPac Securities - VU November 16, 2010 Avy Precision Technology 20,000, , Inc. SinoPac Securities - 9J November 19, 2010 W.I.S.E. Polariscsi300etf 20,000, , SinoPac Securities - 9K November 19, 2010 Tung Ho Steel Enterprise 10,000, , Corp. SinoPac Securities - 9L November 19, 2010 Macronix International Co., 12,000, , SinoPac Securities - 9M November 19, 2010 Ralink Technology Corp. 12,000, , SinoPac Securities - 9N November 19, 2010 Solartech Energy Corp. 12,000, , SinoPac Securities - 9P November 19, 2010 San Chih Semiconductor Inc. 15,000, , SinoPac Securities - 9Q November 19, 2010 Global Mixed-Mode 12,000, , Technology Inc SinoPac Securities - 9R November 19, 2010 Tingyi (Cayman Islands) 12,000, , Holding Corp. SinoPac Securities - 9S November 19, 2010 Solargiga Energy Holdings 10,000, , Limited SinoPac Securities - VV November 19, 2010 Sino-American Silicon 20,000, , Products Inc. SinoPac Securities - VW November 19, 2010 Mag. Layers 12,400, , Scientific-Technics Co., SinoPac Securities - 9T November 22, 2010 China Motor 10,000, , SinoPac Securities - 9U November 22, 2010 Formosa International Hotels 12,000, , SinoPac Securities - 9V November 22, 2010 Chang Hwa Commercial 12,000, , Bank, SinoPac Securities - 9W November 22, 2010 Ali 10,000, , SinoPac Securities - 9X November 24, 2010 Walsin Lihwa 15,000, , (Continued)

121 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - 9Y November 24, 2010 Chung Hung Steel Co., 12,000, $ 9,960 $ SinoPac Securities - 9Z November 24, 2010 Cathay Financial Holding 15,000, , Co., SinoPac Securities - A1 November 24, 2010 Elite Semiconductor Memory 12,000, , Technology Inc. SinoPac Securities - A2 November 24, 2010 Ite Tech. Inc. 10,000, , SinoPac Securities - A3 November 26, 2010 Gigastorage 20,000, , SinoPac Securities - A4 November 26, 2010 Htc 20,000, , SinoPac Securities - A5 November 26, 2010 Fubon Financial Holding Co., 15,000, , SinoPac Securities - A6 November 26, 2010 Darfon Electronics Corp 12,000, , SinoPac Securities - A7 November 26, 2010 Ton Yi Industrial Corp. 15,000, , SinoPac Securities - VX November 26, 2010 St.Shine Optical Co., 10,000, , SinoPac Securities - VY November 26, 2010 Ways Technical Corp., 8,000, , SinoPac Securities - VZ November 26, 2010 Acme Electronics 20,000, , SinoPac Securities - A8 November 29, 2010 Shinkong Textile Co., 12,000, , SinoPac Securities - A9 November 29, 2010 Realtek Semiconductor Corp 10,000, , SinoPac Securities - B1 November 29, 2010 Taishin Financial Holding 10,000, , Co., SinoPac Securities - B2 November 29, 2010 Powertech Technology Inc. 10,000, , SinoPac Securities - B3 November 29, 2010 Foxconn Technology Co., 10,000, , SinoPac Securities - B4 November 29, 2010 Precision Silicon Corp. 12,000, , SinoPac Securities - B5 November 29, 2010 Htc 20,000, ,800 1, SinoPac Securities - B6 November 29, 2010 Tripod Technology 10,000, , SinoPac Securities - B7 November 29, 2010 Chi Mei Optoelectronics 20,000, , SinoPac Securities - B8 November 29, 2010 Forhouse 10,000, , SinoPac Securities - B9 November 29, 2010 Compal Communications Inc. 10,000, , SinoPac Securities - WA November 29, 2010 Quanta Storage Inc. 8,000, , SinoPac Securities - WB November 29, 2010 C-Media Electronics Inc. 10,000, , SinoPac Securities - WC November 29, 2010 Netronix, Inc. 18,600, , SinoPac Securities - C1 November 30, 2010 Lite-On Technology Corp. 10,000, , SinoPac Securities - C2 November 30, 2010 Compeq Manufacturing Co., 15,000, , SinoPac Securities - C3 November 30, 2010 Opto Tech 10,000, , SinoPac Securities - C4 November 30, 2010 Kobin Environmental 10,000, , Enterprise Co., SinoPac Securities - C5 November 30, 2010 Holy Stone Enterprise Co., 10,000, , SinoPac Securities - C6 November 30, 2010 Kinsus Interconnect 12,000, , Technology Corp. SinoPac Securities - WD December 1, 2010 Ardentec 20,000, , SinoPac Securities - WE December 1, 2010 Capella Microsystems 10,000, , (Taiwan), Inc. SinoPac Securities - WF December 1, 2010 Formosa Optical Technology 12,000, , Co., SinoPac Securities - WG December 1, 2010 Coretronic 10,000, , SinoPac Securities - WH December 1, 2010 Phison Electronics Corp. 20,000, , SinoPac Securities - C7 December 2, 2010 Advanced Semiconductor 10,000, , Engineering, Inc. SinoPac Securities - C8 December 2, 2010 Ability Enterprise Co., 10,000, , SinoPac Securities - C9 December 2, 2010 Mediatek Inc. 30,000, , SinoPac Securities - D1 December 2, 2010 Amtran Technology Co., 10,000, , SinoPac Securities - D2 December 2, 2010 Unity Opto Technology Co., 10,000, , SinoPac Securities - D3 December 2, 2010 Eva Airways 20,000, , SinoPac Securities - D4 December 2, 2010 Iteq 12,000, , SinoPac Securities - D5 December 2, 2010 Acbel Polytech Inc. 12,000, , SinoPac Securities - D6 December 2, 2010 Nan Ya Printed Circuit Board 12,000, , SinoPac Securities - D7 December 2, 2010 Formosa Epitaxy 10,000, , Incorporation SinoPac Securities - D8 December 3, 2010 Xinhua A50 China Index Etf 10,000, , SinoPac Securities - D9 December 3, 2010 Asia Cement 10,000, , SinoPac Securities - E1 December 3, 2010 Greatek Electrontcs Inc. 10,000, , SinoPac Securities - E2 December 3, 2010 Sincere Navigation 10,000, , SinoPac Securities - E3 December 3, 2010 U-Ming Marine Transport 10,000, , Corp. SinoPac Securities - E4 December 3, 2010 Tong Hsing Electronic 10,000, , Industries, SinoPac Securities - E5 December 3, 2010 Wintek 30,000, , SinoPac Securities - E6 December 3, 2010 Everlight Chemical Industrial 10,000, , (Continued)

122 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - E7 December 3, 2010 Delta Electronics, Inc. 10,000, $ 9,300 $ SinoPac Securities - E8 December 3, 2010 Taiwan Semiconductor 10,000, , Manufacturing Co., SinoPac Securities - E9 December 3, 2010 Asustek Computer Inc. 15,000, , SinoPac Securities - F1 December 3, 2010 Silicon Integrated Systems 12,000, , Corp. SinoPac Securities - F2 December 3, 2010 Catcher Technology Co., 10,000, , SinoPac Securities - F3 December 3, 2010 Gemtek Technology Co., 10,000, , SinoPac Securities - F4 December 3, 2010 Wistron Neweb 10,000, , SinoPac Securities - F5 December 3, 2010 Wintek 30,000, , SinoPac Securities - WI December 3, 2010 Gamania Digital 5,500, , Entertainment Co., SinoPac Securities - WJ December 3, 2010 Mjc Probe Inc. 12,000, , SinoPac Securities - WK December 3, 2010 Prolific Technology Inc. 15,000, , SinoPac Securities - WL December 3, 2010 Pchome Online Inc. 20,000, , SinoPac Securities - WM December 3, 2010 Newmax Technology Co., 20,000, , SinoPac Securities - WN December 3, 2010 Fulltech Fiber Glass Corp. 9,000, , SinoPac Securities - F6 December 8, 2010 T.Join Transportation Co., 10,000, , SinoPac Securities - F7 December 8, 2010 Career Technology (Mfg.) 12,000, , Co., SinoPac Securities - F8 December 8, 2010 Radiant Opto-Electronics 12,000, , Corp. SinoPac Securities - F9 December 8, 2010 Gigastorage 30,000, , SinoPac Securities - G1 December 8, 2010 Compeq Manufacturing Co., 15,000, , SinoPac Securities - G2 December 8, 2010 Taiwan Life Insurance Co., 10,000, , SinoPac Securities - G3 December 8, 2010 Largan Precision Co., 12,000, , SinoPac Securities - G4 December 8, 2010 Unimicron Technology Corp. 10,000, , SinoPac Securities - G5 December 8, 2010 Lotes Co., 10,000, , SinoPac Securities - G6 December 8, 2010 Kindom Construction Corp. 10,500, , SinoPac Securities - WP December 8, 2010 Sirtec International Co., 20,000, , SinoPac Securities - WQ December 8, 2010 Rich Development Co., 12,000, , SinoPac Securities - WR December 8, 2010 Chipbond Technology 20,000, , SinoPac Securities - WS December 8, 2010 Taiwan Hopax Chems. Mfg. 12,000, , Co., SinoPac Securities - G7 December 13, 2010 Shinkong Textile Co., 12,000, , SinoPac Securities - G8 December 13, 2010 Hiwin Technologies Corp. 12,000, , SinoPac Securities - G9 December 13, 2010 Nankang Rubber Tire Corp., 15,000, , SinoPac Securities - H1 December 13, 2010 Walsin Technology 10,000, , SinoPac Securities - H2 December 13, 2010 Highwealth Construction 15,000, , Corp. SinoPac Securities - H3 December 13, 2010 Wah Lee Industrial Corp. 10,000, , SinoPac Securities - H4 December 13, 2010 Young Fast Optoelectronics 12,000, , Co., SinoPac Securities - H5 December 13, 2010 Lite-On It 10,000, , SinoPac Securities - H6 December 13, 2010 Taiwan Hon Chuan 10,000, , Enterprise Co., SinoPac Securities - H7 December 13, 2010 Visual Photonics Epitaxy Co., 20,000, , SinoPac Securities - H8 December 13, 2010 Wintek 30,000, , SinoPac Securities - H9 December 13, 2010 Lian Hwa Foods 10,000, , SinoPac Securities - I1 December 13, 2010 China Steel Chemical Co. 10,000, , SinoPac Securities - I2 December 13, 2010 Htc 30,000, ,200 1, SinoPac Securities - I3 December 13, 2010 Chang Hwa Commercial 12,000, , Bank, SinoPac Securities - I4 December 13, 2010 Hua Nan Financial Holdings 10,000, , Co., SinoPac Securities - I5 December 13, 2010 First Financial Holding Co. 12,000, , SinoPac Securities - I6 December 13, 2010 Altek 10,000, , SinoPac Securities - I7 December 13, 2010 Taiflex Scientific Co., 12,000, , SinoPac Securities - I8 December 13, 2010 Wintek 30,000, , SinoPac Securities - I9 December 13, 2010 United Microelectronics 10,000, , Corp. SinoPac Securities - J1 December 13, 2010 Pan-International Industrial 10,000, , Corp. SinoPac Securities - J2 December 13, 2010 United Integrated Services 10,000, , Co., SinoPac Securities - J3 December 13, 2010 Mediatek Inc. 20,000, , (Continued)

123 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - J4 December 13, 2010 Far Eastern Department 10,000, $ 7,800 $ Stores SinoPac Securities - J5 December 13, 2010 Elite Semiconductor Memory 12,000, , Technology Inc. SinoPac Securities - WT December 13, 2010 STATS Chippac Taiwan 10,000, , Semiconductor Corp. SinoPac Securities - WU December 13, 2010 Advanced Wireless 20,000, , Semiconductor Company SinoPac Securities - WV December 13, 2010 Pixart Imaging Inc. 20,000, , SinoPac Securities - WW December 13, 2010 A-Data Technology Co., 15,000, , SinoPac Securities - J6 December 15, 2010 E.Sun Financial Holding 10,000, , Company, SinoPac Securities - J7 December 15, 2010 Pegatron 10,000, , SinoPac Securities - J8 December 15, 2010 Wintek 30,000, , SinoPac Securities - J9 December 16, 2010 Ta Chen Stainless Pipe Co., 10,000, , SinoPac Securities - K1 December 16, 2010 Catcher Technology Co., 10,000, , SinoPac Securities - K2 December 16, 2010 Htc 20,000, ,200 1, SinoPac Securities - K3 December 16, 2010 Htc 10,000, , SinoPac Securities - K4 December 16, 2010 Kings Town Bank 10,000, , SinoPac Securities - K5 December 16, 2010 Largan Precision Co., 10,000, , SinoPac Securities - K6 December 16, 2010 Asia Optical Co., Inc. 13,600, , SinoPac Securities - K7 December 16, 2010 Txc 10,000, , SinoPac Securities - K8 December 16, 2010 Gintech Energy 12,000, , SinoPac Securities - WX December 16, 2010 Userjoy Technology Co., 14,300, , SinoPac Securities - WY December 16, 2010 Tung Thih Electronic Co., 15,000, , SinoPac Securities - WZ December 16, 2010 Formosa Optical Technology 15,000, , Co., SinoPac Securities - XA December 16, 2010 Soft-World International 12,000, , SinoPac Securities - XB December 16, 2010 Jih Sun Financial Holding 10,000, , Co., SinoPac Securities - XC December 16, 2010 Coasia Microelectronics 20,000, , Corp. SinoPac Securities - XD December 16, 2010 Tty Biopharm Company 20,000, , Limited SinoPac Securities - XE December 16, 2010 Netronix, Inc. 8,300, , SinoPac Securities - K9 December 17, 2010 Walsin Lihwa 12,000, , SinoPac Securities - XF December 17, 2010 Macroblock, Inc. 5,000, , SinoPac Securities - XG December 17, 2010 Dahan Development Corp. 12,000, , SinoPac Securities - XH December 17, 2010 Genesyslogic, Inc. 15,000, , SinoPac Securities - XI December 17, 2010 Simplo Technology Co., 15,000, , SinoPac Securities - XJ December 17, 2010 P-Two Industries Inc. 10,000, , SinoPac Securities - XK December 17, 2010 Systex 12,000, , SinoPac Securities - XL December 17, 2010 Mjc Probe Inc. 12,000, , SinoPac Securities - XM December 17, 2010 Alcor Micro, Corp. 12,000, , SinoPac Securities - Y1 December 17, 2010 Chroma Ate Inc. 10,000, , SinoPac Securities - Y2 December 17, 2010 Taishin Financial Holding 12,000, , Co., SinoPac Securities - Y3 December 17, 2010 Mitac Technology Corp. 10,000, , SinoPac Securities - Y4 December 17, 2010 Holy Stone Enterprise Co., 10,000, , SinoPac Securities - Y5 December 17, 2010 Shin Zu Shing Co., 10,000, , SinoPac Securities - Y6 December 17, 2010 Neo Solar Power Corp. 10,000, , SinoPac Securities - Y7 December 17, 2010 Young Optics Inc. 20,000, , SinoPac Securities - Y8 December 17, 2010 Entire Technology Co., 11,000, , SinoPac Securities - Y9 December 17, 2010 Gigastorage 16,600, , SinoPac Securities - Z1 December 17, 2010 Compeq Manufacturing Co., 11,100, , SinoPac Securities - Z2 December 17, 2010 Wintek 28,100, , SinoPac Securities - YA December 20, 2010 Taiwan Pcb Techvest Co., 10,000, , SinoPac Securities - Z3 December 20, 2010 TAIEX 10,000, ,800 9, SinoPac Securities - Z4 December 20, 2010 TAIEX 10,000, ,500 7, SinoPac Securities - Z5 December 20, 2010 Winbond Electronics Corp. 10,000, , SinoPac Securities - Z6 December 20, 2010 Mediatek Inc. 20,000, , SinoPac Securities - Z7 December 20, 2010 Ite Tech. Inc. 10,000, , SinoPac Securities - Z8 December 20, 2010 Kinsus Interconnect 12,000, , Technology Corp. SinoPac Securities - Z9 December 20, 2010 Compal Communications Inc. 12,000, , SinoPac Securities - XN December 21, 2010 St.Shine Optical Co., 12,000, , SinoPac Securities - XP December 21, 2010 Dynapack International 10,000, , Technology SinoPac Securities - XQ December 21, 2010 Vanguard International 10,000, , Semiconductor Co. SinoPac Securities - XR December 21, 2010 Etron Technology, Inc. 20,000, , (Continued)

124 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - XS December 21, 2010 Sirtec International Co., 20,000, $ 15,200 $ SinoPac Securities - XT December 21, 2010 Avy Precision Technology 20,000, , Inc. SinoPac Securities - XU December 21, 2010 Longwell Company 12,000, , SinoPac Securities - YB December 21, 2010 Yulon Motor Co., 10,000, , SinoPac Securities - YC December 21, 2010 Yageo 12,000, , SinoPac Securities - YD December 21, 2010 Wintek 30,000, , SinoPac Securities - YE December 22, 2010 Chung Hung Steel Co., 12,000, , SinoPac Securities - YF December 22, 2010 Synnex Technology 10,000, , International Corp. SinoPac Securities - YG December 22, 2010 Gigabyte Technology Co., 10,000, , SinoPac Securities - YH December 22, 2010 Zinwell 15,000, , SinoPac Securities - YI December 22, 2010 Career Technology (Mfg.) 12,000, , Co., SinoPac Securities - YJ December 22, 2010 Radiant Opto-Electronics 12,000, , Corp. SinoPac Securities - XV December 23, 2010 Chinese Gamer International 20,000, , SinoPac Securities - XW December 23, 2010 Gloria Material Technology 20,000, , Corp SinoPac Securities - XX December 23, 2010 Ardentec 10,900, , SinoPac Securities - XY December 27, 2010 Eng Electric Co., 7,200, , SinoPac Securities - YK December 27, 2010 Hey-Song 12,000, , SinoPac Securities - YL December 27, 2010 Yungtay Engineering Co., 10,000, , SinoPac Securities - YM December 27, 2010 Oriental Union Chemical 12,000, , Corp. SinoPac Securities - YN December 27, 2010 Advanced Semiconductor 10,000, , Engineering, Inc. SinoPac Securities - YP December 27, 2010 Hon Hai Precision Ind. Co., 20,000, , SinoPac Securities - YQ December 27, 2010 Taiwan Semiconductor 10,000, , Manufacturing Co., SinoPac Securities - YR December 27, 2010 Macronix International Co., 15,000, , SinoPac Securities - YS December 27, 2010 Foxconn Technology Co., 10,000, , SinoPac Securities - YT December 27, 2010 Htc 20,000, ,400 1, SinoPac Securities - YU December 27, 2010 Hung Sheng Construction 10,000, , SinoPac Securities - YV December 27, 2010 Formosa International Hotels 20,000, , SinoPac Securities - YW December 27, 2010 Ta Chong Bank 10,000, , SinoPac Securities - YX December 27, 2010 Pan Jit International Inc. 10,400, , SinoPac Securities - YY December 27, 2010 Wintek 30,000, , SinoPac Securities - YZ December 27, 2010 Wintek 10,000, , SinoPac Securities - ZA December 29, 2010 China Metal Products Co., 10,000, , SinoPac Securities - ZB December 29, 2010 Powercom Co., 20,000, , SinoPac Securities - ZC December 29, 2010 Firich Enterprises Co., 10,000, , SinoPac Securities - ZD December 29, 2010 Tty Biopharm Company 20,000, , Limited SinoPac Securities - ZE December 29, 2010 Youngtek Electronics 11,100, , SinoPac Securities - P1 December 30, 2010 Ju Teng International 10,000, , Holdings Limited SinoPac Securities - P2 December 30, 2010 Pan Jit International Inc. 12,000, , SinoPac Securities - P3 December 30, 2010 Pan Asia Chemical Co. 20,000, , SinoPac Securities - P4 December 30, 2010 Yang An Electronics Co., 10,000, , SinoPac Securities - P5 December 30, 2010 Advanced Ceramic X 10,000, , SinoPac Securities - P6 December 30, 2010 STATS Chippac Taiwan 20,000, , Semiconductor Corp. SinoPac Securities - P7 December 30, 2010 New Era Electronics Co., 15,000, , SinoPac Securities - P8 December 30, 2010 Sino-American Silicon 20,000, , Products Inc. SinoPac Securities - P9 December 30, 2010 Alcor Micro, Corp. 12,000, , SinoPac Securities - Q1 December 30, 2010 Zentel Electronic 13,700, , SinoPac Securities - Q2 December 30, 2010 Fulltech Fiber Glass Corp. 14,200, , SinoPac Securities - Q3 December 30, 2010 Episil Technologies Inc. 5,100, , SinoPac Securities - XZ December 30, 2010 D-Link 10,000, , SinoPac Securities - ZF December 30, 2010 Garnd Pacific Petrochemical 10,000, , SinoPac Securities - ZG December 30, 2010 Hiwin Technologies Corp. 15,000, , SinoPac Securities - ZH December 30, 2010 Mosel Vitelic Inc. 10,000, , (Continued)

125 December 31, 2010 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - ZI December 30, 2010 Mediatek Inc. 20,000, $ 13,800 $ SinoPac Securities - ZJ December 30, 2010 Evergreen Marine Corp. 15,000, , (Taiwan) SinoPac Securities - ZK December 30, 2010 Wan Hai Lines 10,000, , SinoPac Securities - ZL December 30, 2010 Far Eastern Department 10,000, , Stores SinoPac Securities - ZM December 30, 2010 Young Optics Inc. 20,000, , SinoPac Securities - ZN December 30, 2010 Young Fast Optoelectronics 15,000, , Co., SinoPac Securities - ZP December 30, 2010 Compeq Manufacturing Co., 14,000, , SinoPac Securities - ZQ December 30, 2010 Compeq Manufacturing Co., 14,500, , SinoPac Securities - ZR December 31, 2010 Tsrc 10,000, , SinoPac Securities - ZS December 31, 2010 STATS Chippac Taiwan 10,000, , Semiconductor Corp. SinoPac Securities - ZT December 31, 2010 Cathay Real Estate 15,000, , Development Co., SinoPac Securities - ZU December 31, 2010 Compeq Manufacturing Co., 28,600, , ,337,879 Less: Gains on change in market value of warrant liabilities as of December 31, (1,170,677) 2010 Market value $ 7,167,202 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - A4 July 9, 2009 Lien Hwa Industrial 20,000,000 $0.910 $ 18,200 $ SinoPac Securities - A5 July 9, 2009 Tong Yang Industry Co., 20,000, , SinoPac Securities - A6 July 9, 2009 Shinkong Synthetic Fiber 20,000, , SinoPac Securities - A7 July 9, 2009 Shinkong Textile Co., 20,000, , SinoPac Securities - A8 July 9, 2009 Tainan Spinning Co., 20,000, , SinoPac Securities - A9 July 9, 2009 Yieh Phui Enterprise Co., 20,000, , SinoPac Securities - B1 July 9, 2009 Ta Chen Stainless Pipe Co., 20,000, , SinoPac Securities - B2 July 9, 2009 Sanyang Industry Co., 20,000, , SinoPac Securities - B3 July 9, 2009 Opto Tech 20,000, , SinoPac Securities - B4 July 9, 2009 Bes Engineering Co., 20,000, , SinoPac Securities - B5 July 9, 2009 Evermore Chemical Industry 20,000, , Co., SinoPac Securities - B6 July 9, 2009 First Steamship Co., 20,000, , SinoPac Securities - B7 July 9, 2009 Tlg Asset Management Co., 20,000, , SinoPac Securities - B8 July 9, 2009 Waterland Financial Holdings 20,000, , SinoPac Securities - B9 July 9, 2009 Elite Semiconductor Memory 20,000, , Technology Inc. SinoPac Securities - C1 July 9, 2009 Asia Optical Co., Inc. 20,000, , SinoPac Securities - C2 July 9, 2009 Shining Building Business 20,000, , Co., SinoPac Securities - C3 July 9, 2009 Darfon Electronics Corp. 20,000, , SinoPac Securities - C4 July 10, 2009 Chia Hsin Cement 20,000, , SinoPac Securities - C5 July 10, 2009 Usi 20,000, , SinoPac Securities - C6 July 10, 2009 Upc Technology 20,000, , SinoPac Securities - C7 July 10, 2009 Shihlin Paper 20,000, , SinoPac Securities - C8 July 10, 2009 Lee Chang Yung Chemical 20,000, , Industry Corp. SinoPac Securities - C9 July 10, 2009 Eternal Chemical Co., 20,000, , SinoPac Securities - D1 July 10, 2009 Pihsiang Machinery Mfg. 20,000, , Co., SinoPac Securities - D2 July 10, 2009 Taiwan Glass Ind. Corp. 20,000, , SinoPac Securities - D3 July 10, 2009 Kenda Rubber Industrial Co., 20,000, , SinoPac Securities - D4 July 10, 2009 Amtran Technology Co., 20,000, , SinoPac Securities - D5 July 10, 2009 Wan Hai Lines 20,000, , SinoPac Securities - D6 July 10, 2009 Taichung Commercial Bank Co., 20,000, , (Continued)

126 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - D7 July 10, 2009 Ite Tech. Inc. 20,000, $ 14,800 $ SinoPac Securities - D8 July 10, 2009 Alpha Networks Inc. 20,000, , SinoPac Securities - D9 July 10, 2009 Gintech Energy 20,000, , SinoPac Securities - E1 July 10, 2009 Young Fast Optoelectronics 20,000, , Co., SinoPac Securities - E2 July 10, 2009 Chong Hong Construction 20,000, , Co., SinoPac Securities - E3 July 10, 2009 Merida Industry Co., 20,000, , SinoPac Securities - S6 July 15, 2009 Vanguard International 20,000, , Semiconductor Co., SinoPac Securities - S7 July 15, 2009 Coretronic 20,000, , SinoPac Securities - S8 July 15, 2009 Chipbond Technology 12,000, , SinoPac Securities - S9 July 15, 2009 Gamania Digital 20,000, , Entertainment Co., SinoPac Securities - T1 July 15, 2009 Ene Technology Inc. 12,000, , SinoPac Securities - T2 July 15, 2009 Taiwan Surface Mounting 12,000, , Technology Corp. SinoPac Securities - T3 July 15, 2009 Taiflex Scientific Co., 12,000, , SinoPac Securities - E4 July 15, 2009 Wei Chuan Foods Corp. 20,000, , SinoPac Securities - E5 July 15, 2009 China Motor 20,000, , SinoPac Securities - E6 July 15, 2009 Hung Poo Real Estate 20,000, , Development Co., SinoPac Securities - E7 July 15, 2009 Cybertan Technology Inc. 20,000, , SinoPac Securities - E8 July 15, 2009 Lite-On It 20,000, , SinoPac Securities - E9 July 15, 2009 Ruentex Development Co., 20,000, , SinoPac Securities - F1 July 30, 2009 Kinpo Electronics, Inc. 20,000, , SinoPac Securities - F2 July 30, 2009 Mitac International Corp. 20,000, , SinoPac Securities - F3 July 30, 2009 Yageo 20,000, , SinoPac Securities - F4 July 30, 2009 Acer Incorporated 20,000, , SinoPac Securities - F5 July 30, 2009 Mediatek Inc. 20,000, , SinoPac Securities - F6 July 30, 2009 Catcher Technology Co., 20,000, , SinoPac Securities - F7 July 30, 2009 Uni-President Enterprises 20,000, , Corp. SinoPac Securities - F8 July 30, 2009 Synnex Technology 20,000, , International Corp. SinoPac Securities - F9 July 30, 2009 Universal Scientific Industrial 20,000, , Co., SinoPac Securities - G1 July 30, 2009 Silicon Integrated Systems 20,000, , Corp. SinoPac Securities - G2 July 30, 2009 Gigabyte Technology Co., 20,000, , SinoPac Securities - G3 July 30, 2009 Greatek Electronitcs Inc. 20,000, , SinoPac Securities - G4 July 30, 2009 King Yuan Electronics Co., 20,000, , SinoPac Securities - G5 July 30, 2009 Ruentex Industries Limited 20,000, , SinoPac Securities - G6 July 31, 2009 Evergreen International 20,000, , Storage & Transport SinoPac Securities - G7 July 31, 2009 Yuanta Financial Holdings 20,000, , SinoPac Securities - G8 July 31, 2009 Taishin Financial Holding 20,000, , Co., SinoPac Securities - G9 July 31, 2009 Elite Semiconductor Memory 20,000, , Technology Inc. SinoPac Securities - H1 July 31, 2009 Innolux Display 20,000, , SinoPac Securities - H2 July 31, 2009 Young Fast Optoelectronics 20,000, , Co., SinoPac Securities - H3 July 31, 2009 Darfon Electronics Corp. 20,000, , SinoPac Securities - H4 July 31, 2009 Pou Chen 20,000, , SinoPac Securities - H5 July 31, 2009 Ton Yi Industrial Corp. 20,000, , SinoPac Securities - T4 August 4, 2009 Solar Applied Materials 20,000, , Technology Corp. SinoPac Securities - T5 August 4, 2009 Dynapack International 15,000, , Technology SinoPac Securities - T6 August 4, 2009 Pixart Imaging Inc. 20,000, , SinoPac Securities - T7 August 4, 2009 Ardentec 20,000, , SinoPac Securities - T8 August 4, 2009 Kenmec Mechanical 15,000, , Engineering Co., SinoPac Securities - T9 August 4, 2009 Quanta Storage Inc. 20,000, , SinoPac Securities - U1 August 4, 2009 C-Media Electronics Inc. 15,000, , SinoPac Securities - U2 August 4, 2009 Phison Electronics Corp. 20,000, , SinoPac Securities - H6 August 5, 2009 Walsin Technology 20,000, , SinoPac Securities - H7 August 5, 2009 Pihsiang Machinery Mfg. 20,000, , Co., SinoPac Securities - H8 August 5, 2009 Macronix International Co., 20,000, , (Continued)

127 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - H9 August 5, 2009 Ability Enterprise Co., 20,000, $ 13,200 $ SinoPac Securities - J1 August 5, 2009 Realtek Semiconductor Corp. 20,000, , SinoPac Securities - J2 August 5, 2009 Cheng Uei Precision Industry 20,000, , Co., SinoPac Securities - J3 August 5, 2009 Taiwan Tea 20,000, , SinoPac Securities - J4 August 5, 2009 Chi Mei Optoelectronics 20,000, , SinoPac Securities - U3 August 6, 2009 International Games System 20,000, , Co., SinoPac Securities - U4 August 6, 2009 Taiwan Semiconductor Co., 15,000, , SinoPac Securities - U5 August 6, 2009 Sino-American Silicon 20,000, , Products Inc. SinoPac Securities - U6 August 6, 2009 Wafer Works Corp. 20,000, , SinoPac Securities - U7 August 6, 2009 Youngtek Electronics 15,000, , SinoPac Securities - U8 August 6, 2009 Firich Enterprises Co., 15,000, , SinoPac Securities - J5 August 10, 2009 Lite-On Technology Corp. 20,000, , SinoPac Securities - J6 August 10, 2009 Elitegroup Computer Systems 20,000, , Co., SinoPac Securities - J7 August 10, 2009 Quanta Computer Inc. 20,000, , SinoPac Securities - J8 August 10, 2009 Highwealth Construction 20,000, , Corp. SinoPac Securities - J9 August 10, 2009 Unimicron Technology Corp. 20,000, , SinoPac Securities - K1 August 10, 2009 Altek 20,000, , SinoPac Securities - K2 August 14, 2009 Lee Chang Yung Chemical 20,000, , Industry Corp. SinoPac Securities - K3 August 14, 2009 China Steel 20,000, , SinoPac Securities - K4 August 14, 2009 Delta Electronics, Inc. 20,000, , SinoPac Securities - K5 August 14, 2009 China Life Insurance 20,000, , Company, SinoPac Securities - K6 August 14, 2009 Wistron 20,000, , SinoPac Securities - K7 August 14, 2009 Wpg Holdings Limited 20,000, , SinoPac Securities - K8 August 14, 2009 Lite-On It 20,000, , SinoPac Securities - K9 August 17, 2009 Feng Hsin Iron & Steel Co., 20,000, , SinoPac Securities - L1 August 17, 2009 HTC 30,000, , SinoPac Securities - L2 August 17, 2009 HTC 20,000, , SinoPac Securities - L3 August 17, 2009 Evergreen Marine Corp. 20,000, , (Taiwan) SinoPac Securities - L4 August 17, 2009 Powertech Technology Inc. 20,000, , SinoPac Securities - L5 August 17, 2009 Nan Ya Printed Circuit Board 15,000, , SinoPac Securities - L6 August 24, 2009 Taiwan Cement Corp. 20,000, , SinoPac Securities - L7 August 24, 2009 Foxconn Technology Co., 20,000, , SinoPac Securities - L8 August 24, 2009 The Ambassador Hotel, 20,000, , SinoPac Securities - L9 August 24, 2009 First Financial Holding Co., 20,000, , SinoPac Securities - M1 August 24, 2009 Largan Precision Co., 20,000, , SinoPac Securities - M2 August 24, 2009 Green Energy Technology 15,000, , Inc. SinoPac Securities - M3 August 28, 2009 Chicony Electronics Co., 15,000, , SinoPac Securities - M4 August 28, 2009 Advantech Co., 15,000, , SinoPac Securities - M5 August 28, 2009 Cathay Real Estate 20,000, , Development Co., SinoPac Securities - M6 August 28, 2009 Taiwan Business Bank 20,000, , SinoPac Securities - M7 August 28, 2009 Mega Financial Holding Co., 20,000, , SinoPac Securities - M8 August 28, 2009 Formosa Petrochemical Corp 20,000, , SinoPac Securities - M9 September 1, 2009 Advanced Semiconductor 20,000, , Engineering, Inc. SinoPac Securities - N1 September 1, 2009 D-Link 20,000, , SinoPac Securities - N2 September 1, 2009 Asustek Computer Inc. 20,000, , SinoPac Securities - N3 September 1, 2009 Asia Optical Co., Inc. 20,000, , SinoPac Securities - N4 September 1, 2009 Ali 20,000, , SinoPac Securities - N5 September 1, 2009 Richtek Technology Corp. 20,000, , SinoPac Securities - U9 September 8, 2009 Syncmold Enterprise Corp. 10,000, , SinoPac Securities - V1 September 8, 2009 A-Data Technology Co., 15,000, , SinoPac Securities - V2 September 8, 2009 E-Ton Solar Tech. Co., 12,000, , SinoPac Securities - V3 September 8, 2009 Microlife 10,000, , SinoPac Securities - V4 September 8, 2009 Gloria Material Technology 10,000, , Corp. SinoPac Securities - V5 September 8, 2009 Simplo Technology Co., 10,000, , SinoPac Securities - V6 September 8, 2009 Prime Electronics & Satellitics Inc. 10,000, , (Continued)

128 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - V7 September 8, 2009 Motech Industries Inc. 15,000, $ 15,300 $ SinoPac Securities - V8 September 8, 2009 Taiwan Surface Mounting 10,000, , Technology Corp. SinoPac Securities - V9 September 8, 2009 Advanced International 10,000, , Multitech Co., SinoPac Securities - AA September 8, 2009 Amtran Technology Co., 20,000, , SinoPac Securities - N6 September 8, 2009 Hangsengh-Shareindexetf 15,000, , SinoPac Securities - N7 September 8, 2009 Tong Yang Industry Co., 20,000, , SinoPac Securities - N8 September 8, 2009 Eternal Chemical Co., 20,000, , SinoPac Securities - N9 September 8, 2009 Cheng Shin Rubber Ind., Co., 20,000, , SinoPac Securities - AB September 9, 2009 Chroma Ate Inc. 12,000, , SinoPac Securities - AC September 9, 2009 Ability Enterprise Co., 20,000, , SinoPac Securities - AD September 9, 2009 Mediatek Inc. 20,000, , SinoPac Securities - AE September 9, 2009 Taiwan Navigation Co., 10,000, , SinoPac Securities - AF September 9, 2009 Silitech Technology 12,000, , SinoPac Securities - AG September 9, 2009 Radiant Opto-Electronics 15,000, , Corp. SinoPac Securities - AH September 10, 2009 China Steel Chemical Co., 10,000, , SinoPac Securities - AI September 10, 2009 Hon Hai Precision Ind. Co., 20,000, , SinoPac Securities - AJ September 10, 2009 Compal Electronics, Inc. 20,000, , SinoPac Securities - AK September 10, 2009 Pan-International Industrial 20,000, , Corp. SinoPac Securities - AL September 10, 2009 Taiwan Semiconductor 20,000, , Manufacturing Co., SinoPac Securities - AM September 10, 2009 Tripod Technology 12,000, , SinoPac Securities - AN September 11, 2009 Greatwall Ent 20,000, , SinoPac Securities - AP September 11, 2009 Inventec 20,000, , SinoPac Securities - AQ September 11, 2009 Gigabyte Technology Co., 20,000, , SinoPac Securities - AR September 11, 2009 U-Ming Marine Transport 20,000, , Corp. SinoPac Securities - AS September 11, 2009 Yang Ming Marine Transport 20,000, , Corp. SinoPac Securities - AT September 11, 2009 Chong Hong Construction 15,000, , Co., SinoPac Securities - AU September 14, 2009 Asia Cement 20,000, , SinoPac Securities - AV September 14, 2009 Kenda Rubber Industrial Co., 15,000, , SinoPac Securities - AW September 14, 2009 Siliconware Precision 20,000, , Industries Co., SinoPac Securities - AX September 14, 2009 Everlight Electronics Co., 15,000, , SinoPac Securities - AY September 14, 2009 Waterland Financial Holdings 20,000, , SinoPac Securities - AZ September 14, 2009 Inventec Appliances Corp. 12,000, , SinoPac Securities - BA September 15, 2009 Oriental Union Chemical 20,000, , Corp. SinoPac Securities - BB September 15, 2009 Taiwan Fertilizer Co., 15,000, , SinoPac Securities - BC September 15, 2009 Chang Hwa Commercial 20,000, , Bank, SinoPac Securities - BD September 15, 2009 China Bills Finance 20,000, , SinoPac Securities - BE September 15, 2009 Cathay Financial Holding 20,000, , Co., SinoPac Securities - BF September 15, 2009 China Development Financial 20,000, , Holding Corp. SinoPac Securities - BG September 21, 2009 Formosa Chemicals & Fibre 20,000, , SinoPac Securities - BH September 21, 2009 Tsrc 20,000, , SinoPac Securities - BI September 21, 2009 Yageo 20,000, , SinoPac Securities - BJ September 21, 2009 Wintek 20,000, , SinoPac Securities - BK September 21, 2009 Hung Poo Real Estate 20,000, , Development Co., SinoPac Securities - BL September 21, 2009 Fubon Financial Holding Co., 20,000, , SinoPac Securities - BM September 21, 2009 Cyberlink Co., 10,000, , SinoPac Securities - BN September 21, 2009 Taiwan Cooperative Bank 20,000, , SinoPac Securities - BP September 21, 2009 Formosa Plastics 20,000, , SinoPac Securities - BQ September 21, 2009 Usi 20,000, , SinoPac Securities - BR September 21, 2009 Upc Technology 20,000, , SinoPac Securities - BS September 21, 2009 Quanta Computer Inc. 20,000, , SinoPac Securities - BT September 21, 2009 Far Eastern International Bank 20,000, , (Continued)

129 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - BU September 21, 2009 Compal Communications Inc. 20,000, $ 16,800 $ SinoPac Securities - BV September 24, 2009 Nan Ya Plastics 20,000, , SinoPac Securities - BW September 24, 2009 Taiwan Glass Ind. Corp. 20,000, , SinoPac Securities - BX September 24, 2009 Lite-On Technology Corp. 20,000, , SinoPac Securities - BY September 24, 2009 Macronix International Co., 20,000, , SinoPac Securities - BZ September 24, 2009 Micro-Star International Co., 20,000, , SinoPac Securities - CA September 24, 2009 Giant Manufacturing Co., 10,000, , SinoPac Securities - CB September 28, 2009 Acer Incorporated 20,000, , SinoPac Securities - CC September 28, 2009 Infortrend Technology, Inc. 12,000, , SinoPac Securities - CD September 28, 2009 Sincere Navigation 15,000, , SinoPac Securities - CE September 28, 2009 Formosa International Hotels 20,000, , SinoPac Securities - CF September 28, 2009 Hua Nan Financial Holdings 20,000, , Co., SinoPac Securities - CG September 28, 2009 Altek 20,000, , SinoPac Securities - CH September 29, 2009 Far Eastern New Century 20,000, , SinoPac Securities - CI September 29, 2009 Pihsiang Machinery Mfg. 15,000, , Co., SinoPac Securities - CJ September 29, 2009 Pan-International Industrial 20,000, , Corp. SinoPac Securities - CK September 29, 2009 Synnex Technology 20,000, , International Corp. SinoPac Securities - CL September 29, 2009 Au Optronics Corp. 20,000, , SinoPac Securities - CM September 29, 2009 EPISTAR 20,000, , SinoPac Securities - CN September 29, 2009 Transcend Information, Inc. 12,000, , SinoPac Securities - CP September 29, 2009 Bes Engineering Co., 20,000, , SinoPac Securities - CQ September 29, 2009 Innolux Display 20,000, , SinoPac Securities - CR September 29, 2009 Formosa Advanced 10,000, , Technologies Co., SinoPac Securities - CS October 1, 2009 Chia Hsin Cement 15,000, , SinoPac Securities - CT October 1, 2009 Yulon Motor Co., 20,000, , SinoPac Securities - CU October 1, 2009 Zinwell 20,000, , SinoPac Securities - CV October 1, 2009 Highwealth Construction 20,000, , Corp. SinoPac Securities - CW October 1, 2009 Mega Financial Holding Co., 20,000, , SinoPac Securities - CX October 1, 2009 Gemtek Technology Co., 15,000, , SinoPac Securities - CY October 1, 2009 Merida Industry Co., 10,000, , SinoPac Securities - CZ October 2, 2009 Taiwan Capitalization 20,000, ,600 8, Weighted Stock Index SinoPac Securities - DA October 2, 2009 Teco Electric & Machinery 20,000, , Co., SinoPac Securities - DB October 2, 2009 Chroma Ate Inc. 20,000, , SinoPac Securities - DC October 2, 2009 Goldsun Development & 20,000, , Construction Co., SinoPac Securities - DD October 2, 2009 First Steamship Co., 20,000, , SinoPac Securities - DE October 2, 2009 Asia Optical Co., Inc. 20,000, , SinoPac Securities - W1 October 8, 2009 Dynapack International 15,000, , Technology SinoPac Securities - W2 October 8, 2009 Vanguard International 15,000, , Semiconductor Co., SinoPac Securities - W3 October 8, 2009 Coretronic 20,000, , SinoPac Securities - W4 October 8, 2009 Taiwan Semiconductor Co., 7,500, , SinoPac Securities - W5 October 8, 2009 C-Media Electronics Inc. 12,000, , SinoPac Securities - W6 October 8, 2009 Youngtek Electronics 10,000, , SinoPac Securities - W7 October 8, 2009 Taiflex Scientific Co., 15,000, , SinoPac Securities - DF October 8, 2009 China Petrochemical 20,000, , Development SinoPac Securities - DG October 8, 2009 Cheng Loong Corp. 20,000, , SinoPac Securities - DH October 8, 2009 Nankang Rubber Tire Corp., 20,000, , SinoPac Securities - DI October 8, 2009 United Microelectronics 20,000, , Corp. SinoPac Securities - DJ October 8, 2009 Compeq Manufacturing Co., 20,000, , SinoPac Securities - DK October 8, 2009 Zyxel Communications 20,000, , SinoPac Securities - DL October 8, 2009 Sunplus Technology Co., 20,000, , SinoPac Securities - DM October 8, 2009 Cyntec Co., 10,000, , (Continued)

130 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - DN October 8, 2009 Unity Opto Technology Co., 20,000, $ 14,000 $ SinoPac Securities - DP October 8, 2009 Kindom Construction Corp. 20,000, , SinoPac Securities - DQ October 8, 2009 T.Join Transportation Co., 20,000, , SinoPac Securities - DR October 8, 2009 Mitac Technology Corp. 20,000, , SinoPac Securities - DS October 8, 2009 Txc 20,000, , SinoPac Securities - DT October 8, 2009 Formosa Epitaxy 20,000, , Incorporation SinoPac Securities - DU October 8, 2009 Lite-On Semiconductor Corp. 20,000, , SinoPac Securities - DV October 8, 2009 Hannstar Board Corp. 15,000, , SinoPac Securities - DW October 8, 2009 Forhouse 20,000, , SinoPac Securities - DX October 8, 2009 Acbel Polytech Inc. 20,000, , SinoPac Securities - PA October 12, 2009 Celxpert Energy 15,000, , SinoPac Securities - PB October 12, 2009 Efun Technology Co., 8,000, , SinoPac Securities - PC October 12, 2009 Alltop Technology Co., 8,000, , SinoPac Securities - PD October 12, 2009 Wanshih Electronic Co., 8,000, , SinoPac Securities - PE October 12, 2009 Anpec Electronics 12,000, , SinoPac Securities - PF October 12, 2009 Netronix, Inc. 12,000, , SinoPac Securities - PG October 12, 2009 P-Two Industries Inc. 15,000, , SinoPac Securities - PH October 12, 2009 Yufo Electronics Co., 8,000, , SinoPac Securities - PJ October 12, 2009 Hu Lane Associate Inc. 12,000, , SinoPac Securities - PK October 12, 2009 Longwell Company 15,000, , SinoPac Securities - PL October 12, 2009 Alcor Micro, Corp. 12,000, , SinoPac Securities - PM October 12, 2009 Advanced Wireless 12,000, , Semiconductor Company SinoPac Securities - PN October 12, 2009 Wah Hong Industrial Corp. 10,000, , SinoPac Securities - PP October 12, 2009 Advanced Power Electronics 12,000, , Corp. SinoPac Securities - PQ October 12, 2009 Wei Mon Industry Co., 10,000, , SinoPac Securities - W8 October 12, 2009 Mag. Layers 8,000, , Scientific-Technics Co., SinoPac Securities - W9 October 12, 2009 Taiwan Chi Cheng Enterprise 20,000, , Co., SinoPac Securities - DY October 12, 2009 Standard Foods 12,000, , SinoPac Securities - DZ October 12, 2009 China Metal Products Co., 15,000, , SinoPac Securities - EA October 12, 2009 Sunrex Technology 15,000, , SinoPac Securities - EB October 12, 2009 Senao International Co., 10,000, , SinoPac Securities - EC October 12, 2009 Holy Stone Enterprise Co., 12,000, , SinoPac Securities - ED October 12, 2009 Aces Electronic Co., 10,000, , SinoPac Securities - EE October 12, 2009 Sonix Technology Co., 15,000, , SinoPac Securities - EF October 12, 2009 Tong Hsing Electronic 10,000, , Industries, SinoPac Securities - EG October 12, 2009 Taiwan Hon Chuan 15,000, , Enterprise Co., SinoPac Securities - EH October 12, 2009 Ju Teng International 15,000, , Holdings Limited SinoPac Securities - EI October 12, 2009 Want Want China Holdings 15,000, , Limited SinoPac Securities - EJ October 15, 2009 China Steel Chemical Co., 12,000, , SinoPac Securities - EK October 15, 2009 Universal Scientific Industrial 17,000, , Co., SinoPac Securities - EL October 15, 2009 Elan Microelectronics Corp. 20,000, , SinoPac Securities - EM October 15, 2009 Evermore Chemical Industry 20,000, , Co., SinoPac Securities - EN October 15, 2009 E.Sun Financial Holding 20,000, , Company, SinoPac Securities - EP October 15, 2009 Ruentex Development Co., 20,000, , SinoPac Securities - EQ October 15, 2009 China Synthetic Rubber 20,000, , SinoPac Securities - ER October 15, 2009 Csbc, Taiwan 20,000, , SinoPac Securities - ES October 15, 2009 China Life Insurance 20,000, , Company, SinoPac Securities - ET October 15, 2009 Elite Semiconductor Memory 20,000, , Technology Inc. SinoPac Securities - EU October 15, 2009 Young Fast Optoelectronics 20,000, , Co., SinoPac Securities - EV October 15, 2009 Far Eastone Telecommunications Co., 20,000, , (Continued)

131 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - EW October 16, 2009 Tung Ho Steel Enterprise 20,000, $ 14,200 $ Corp. SinoPac Securities - EX October 16, 2009 China Motor 20,000, , SinoPac Securities - EY October 16, 2009 Opto Tech 20,000, , SinoPac Securities - EZ October 16, 2009 Clevo Co., 20,000, , SinoPac Securities - FA October 16, 2009 Far Eastern Department 20,000, , Stores SinoPac Securities - FB October 16, 2009 Ruentex Industries Limited 20,000, , SinoPac Securities - FC October 16, 2009 Novatek Microelectronics 20,000, , Corp. SinoPac Securities - FD October 16, 2009 Compal Communications Inc. 20,000, , SinoPac Securities - PR October 20, 2009 Rich Development Co., 20,000, , SinoPac Securities - PS October 20, 2009 Kenmec Mechanical 15,000, , Engineering Co., SinoPac Securities - PT October 20, 2009 Gamania Digital 15,000, , Entertainment Co., SinoPac Securities - FE October 22, 2009 TSEC Taiwan 50 Index 20,000, , SinoPac Securities - FF October 22, 2009 Shinkong Textile Co., 20,000, , SinoPac Securities - FG October 22, 2009 Oriental Union Chemical 20,000, , Corp. SinoPac Securities - FH October 22, 2009 D-Link 20,000, , SinoPac Securities - FI October 22, 2009 Cathay Real Estate 20,000, , Development Co., SinoPac Securities - FJ October 22, 2009 Huaku Development Co., 20,000, , SinoPac Securities - FK October 22, 2009 Tlg Asset Management Co., 20,000, , SinoPac Securities - FL October 22, 2009 Farglory Land Development 20,000, , Co., SinoPac Securities - FM October 22, 2009 Shining Building Business 20,000, , Co., SinoPac Securities - FN October 22, 2009 Uni-President Enterprises 20,000, , Corp. SinoPac Securities - FP October 22, 2009 Lee Chang Yung Chemical 20,000, , Industry Corp. SinoPac Securities - FQ October 22, 2009 Nankang Rubber Tire Corp., 20,000, , SinoPac Securities - FR October 22, 2009 Evergreen International 20,000, , Storage & Transport SinoPac Securities - FS October 22, 2009 Cathay Financial Holding 20,000, , Co., SinoPac Securities - FT October 22, 2009 Faraday Technology Corp. 20,000, , SinoPac Securities - FU October 22, 2009 Unimicron Technology Corp. 20,000, , SinoPac Securities - FV October 22, 2009 Global Unichip Corp. 10,000, , SinoPac Securities - FW October 22, 2009 Innolux Display 20,000, , SinoPac Securities - FX October 22, 2009 Darfon Electronics Corp. 20,000, , SinoPac Securities - FY October 23, 2009 Wei Chuan Foods Corp. 20,000, , SinoPac Securities - FZ October 23, 2009 Kinpo Electronics, Inc. 20,000, , SinoPac Securities - GA October 23, 2009 Foxconn Technology Co., 20,000, , SinoPac Securities - GB October 23, 2009 Highwealth Construction 20,000, , Corp. SinoPac Securities - GC October 23, 2009 Cybertan Technology Inc. 20,000, , SinoPac Securities - GD October 23, 2009 Kinsus Interconnect 15,000, , Technology Corp. SinoPac Securities - GE October 28, 2009 Advanced Semiconductor 20,000, , Engineering, Inc. SinoPac Securities - GF October 28, 2009 Asustek Computer Inc. 20,000, , SinoPac Securities - GG October 28, 2009 Amtran Technology Co., 20,000, , SinoPac Securities - GH October 28, 2009 Infortrend Technology, Inc. 15,000, , SinoPac Securities - GI October 28, 2009 Chinese Maritime Transport 15,000, , SinoPac Securities - GJ October 28, 2009 First Financial Holding Co., 20,000, , SinoPac Securities - PW November 2, 2009 Ardentec 15,000, , SinoPac Securities - PX November 2, 2009 E-Ton Solar Tech. Co., 12,000, , SinoPac Securities - PY November 2, 2009 Pacific Hospital Supply Co., 6,000, , SinoPac Securities - PZ November 2, 2009 Sporton International Inc. 6,000, , SinoPac Securities - PU November 3, 2009 Chinese Gamer International 20,000, , SinoPac Securities - PV November 3, 2009 Pixart Imaging Inc. 20,000, , SinoPac Securities - GK November 3, 2009 China Petrochemical 20,000, , Development SinoPac Securities - GL November 3, 2009 Tong Yang Industry Co., 20,000, , SinoPac Securities - GM November 3, 2009 Far Eastern New Century 20,000, , (Continued)

132 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - GN November 3, 2009 Ta Chen Stainless Pipe Co., 20,000, $ 11,200 $ SinoPac Securities - GP November 3, 2009 Mitac International Corp. 20,000, , SinoPac Securities - GQ November 3, 2009 U-Ming Marine Transport 20,000, , Corp. SinoPac Securities - GR November 3, 2009 Ralink Technology Corp. 20,000, , SinoPac Securities - GS November 4, 2009 Shinkong Synthetic Fiber 20,000, , SinoPac Securities - GT November 4, 2009 Advantech Co., 15,000, , SinoPac Securities - GU November 4, 2009 Mediatek Inc. 20,000, , SinoPac Securities - GV November 4, 2009 Taiwan Mobile Co., 20,000, , SinoPac Securities - GW November 4, 2009 Alpha Networks Inc. 20,000, , SinoPac Securities - GX November 4, 2009 Wpg Holdings Limited 20,000, , SinoPac Securities - GY November 10, 2009 Tainan Spinning Co., 20,000, , SinoPac Securities - GZ November 10, 2009 Feng Hsin Iron & Steel Co., 20,000, , SinoPac Securities - HA November 10, 2009 Hon Hai Precision Ind. Co., 20,000, , SinoPac Securities - HB November 10, 2009 King Yuan Electronics Co., 20,000, , SinoPac Securities - HC November 10, 2009 Fubon Financial Holding Co., 20,000, , SinoPac Securities - HD November 10, 2009 Taiwan Capitalization 20,000, ,400 6, Weighted Stock Index SinoPac Securities - HE November 10, 2009 Quanta Computer Inc. 20,000, , SinoPac Securities - HF November 10, 2009 Cheng Uei Precision Industry 20,000, , Co., SinoPac Securities - HG November 10, 2009 Yuanta Financial Holdings 20,000, , SinoPac Securities - HH November 10, 2009 Ruentex Industries Limited 20,000, , SinoPac Securities - HI November 10, 2009 Wistron 20,000, , SinoPac Securities - HJ November 10, 2009 Radiant Opto-Electronics 15,000, , Corp. SinoPac Securities - QA November 13, 2009 International Games System 15,000, , Co., SinoPac Securities - QB November 13, 2009 Tty Biopharm Company 10,000, , Limited SinoPac Securities - QC November 13, 2009 Chipbond Technology 20,000, , SinoPac Securities - QD November 13, 2009 Wafer Works Corp. 20,000, , SinoPac Securities - QE November 13, 2009 Quanta Storage Inc. 20,000, , SinoPac Securities - QF November 13, 2009 Firich Enterprises Co., 12,000, , SinoPac Securities - HK November 16, 2009 China Steel 20,000, , SinoPac Securities - HL November 16, 2009 Yieh Phui Enterprise Co., 20,000, , SinoPac Securities - HM November 16, 2009 Sanyang Industry Co., 15,000, , SinoPac Securities - HN November 16, 2009 Silicon Integrated Systems 20,000, , Corp. SinoPac Securities - HP November 16, 2009 Gigabyte Technology Co., 20,000, , SinoPac Securities - HQ November 16, 2009 Yang Ming Marine Transport 20,000, , Corp. SinoPac Securities - HR November 16, 2009 Pou Chen 20,000, , SinoPac Securities - HS November 19, 2009 China Metal Products Co., 20,000, , SinoPac Securities - HT November 19, 2009 United Microelectronics 20,000, , Corp. SinoPac Securities - HU November 19, 2009 Compal Electronics, Inc. 20,000, , SinoPac Securities - HV November 19, 2009 Sunplus Technology Co., 20,000, , SinoPac Securities - HW November 19, 2009 Au Optronics Corp. 20,000, , SinoPac Securities - HX November 19, 2009 HTC 20,000, , SinoPac Securities - HY November 19, 2009 Huang Hsiang Construction 20,000, , SinoPac Securities - HZ November 19, 2009 Evergreen Marine Corp. 20,000, , (Taiwan) SinoPac Securities - JA November 19, 2009 Taiwan Navigation Co., 20,000, , SinoPac Securities - JB November 19, 2009 China Development Financial 20,000, , Holding Corp. SinoPac Securities - JC November 20, 2009 Usi 20,000, , SinoPac Securities - JD November 20, 2009 First Steamship Co., 20,000, , SinoPac Securities - JE November 20, 2009 The Ambassador Hotel, 20,000, , SinoPac Securities - JF November 20, 2009 Ton Yi Industrial Corp. 20,000, , SinoPac Securities - QG November 26, 2009 Solar Applied Materials 15,000, , Technology Corp. SinoPac Securities - QH November 26, 2009 Microlife 10,000, , SinoPac Securities - QJ November 26, 2009 Sino-American Silicon Products Inc. 20,000, , (Continued)

133 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - QK November 26, 2009 Phison Electronics Corp. 20,000, $ 8,800 $ SinoPac Securities - JG November 26, 2009 Cheng Shin Rubber Ind., Co., 20,000, , SinoPac Securities - JH November 26, 2009 Micro-Star International Co., 20,000, , SinoPac Securities - JI November 26, 2009 Realtek Semiconductor Corp. 20,000, , SinoPac Securities - JJ November 26, 2009 Greatek Electronics Inc. 15,000, , SinoPac Securities - JK November 26, 2009 Catcher Technology Co., 20,000, , SinoPac Securities - JL November 26, 2009 Ite Tech. Inc. 15,000, , SinoPac Securities - JM November 26, 2009 Green Energy Technology 15,000, , Inc. SinoPac Securities - JN November 26, 2009 Powertech Technology Inc. 20,000, , SinoPac Securities - JP November 26, 2009 Richtek Technology Corp. 20,000, , SinoPac Securities - JQ November 26, 2009 Lite-On It 20,000, , SinoPac Securities - JR November 26, 2009 Lien Hwa Industrial 15,000, , SinoPac Securities - JS November 26, 2009 Shihlin Paper 20,000, , SinoPac Securities - JT November 26, 2009 Walsin Technology 20,000, , SinoPac Securities - JU November 26, 2009 Delta Electronics, Inc. 20,000, , SinoPac Securities - JV November 26, 2009 Pan-International Industrial 20,000, , Corp. SinoPac Securities - JW November 26, 2009 Elitegroup Computer Systems 15,000, , Co., SinoPac Securities - JX November 26, 2009 Largan Precision Co., 20,000, , SinoPac Securities - JY November 26, 2009 Ali 20,000, , SinoPac Securities - JZ November 26, 2009 Innolux Display 20,000, , SinoPac Securities - KA November 27, 2009 Asia Cement 20,000, , SinoPac Securities - KB November 27, 2009 Taiwan Semiconductor 20,000, , Manufacturing Co., SinoPac Securities - KC November 27, 2009 Waterland Financial Holdings 20,000, , SinoPac Securities - KD November 27, 2009 Sonix Technology Co., 20,000, , SinoPac Securities - KE November 27, 2009 Nan Ya Printed Circuit Board 15,000, , SinoPac Securities - QL December 1, 2009 Syncmold Enterprise Corp. 15,000, , SinoPac Securities - QM December 1, 2009 Mag. Layers 10,000, , Scientific-Technics Co., SinoPac Securities - QN December 1, 2009 Anpec Electronics 20,000, , SinoPac Securities - QP December 1, 2009 Ene Technology Inc. 10,000, , SinoPac Securities - QQ December 1, 2009 Advanced Power Electronics 20,000, , Corp. SinoPac Securities - QR December 1, 2009 Wei Mon Industry Co., 20,000, , SinoPac Securities - KF December 7, 2009 Inventec 20,000, , SinoPac Securities - KG December 7, 2009 Ability Enterprise Co., 20,000, , SinoPac Securities - KH December 7, 2009 Elan Microelectronics Corp. 20,000, , SinoPac Securities - KI December 7, 2009 Unity Opto Technology Co., 20,000, , SinoPac Securities - KJ December 7, 2009 Elite Semiconductor Memory 20,000, , Technology Inc. SinoPac Securities - KK December 7, 2009 Acbel Polytech Inc. 20,000, , SinoPac Securities - KL December 7, 2009 Darfon Electronics Corp. 20,000, , SinoPac Securities - KM December 10, 2009 Taiwan Cement Corp. 20,000, , SinoPac Securities - KN December 10, 2009 Chicony Electronics Co. 20,000, , SinoPac Securities - KP December 10, 2009 Everlight Electronics Co., 20,000, , SinoPac Securities - KQ December 10, 2009 Evergreen International 20,000, , Storage & Transport SinoPac Securities - KR December 10, 2009 Chang Hwa Commercial 20,000, , Bank, SinoPac Securities - KS December 10, 2009 Taiwan Cooperative Bank 20,000, , SinoPac Securities - KT December 10, 2009 Gemtek Technology Co., 20,000, , SinoPac Securities - KU December 10, 2009 Young Fast Optoelectronics 20,000, , Co., SinoPac Securities - QS December 10, 2009 E-Ton Solar Tech. Co., 20,000, , SinoPac Securities - QT December 10, 2009 Efun Technology Co., 15,000, , SinoPac Securities - QU December 10, 2009 Gloria Material Technology 20,000, , Corp. SinoPac Securities - QV December 10, 2009 Motech Industries Inc. 20,000, , SinoPac Securities - QW December 10, 2009 Advanced Wireless 15,000, , Semiconductor Company SinoPac Securities - QX December 16, 2009 A-Data Technology Co., 20,000, , SinoPac Securities - QY December 16, 2009 Ways Technical Corp., 10,000, , SinoPac Securities - QZ December 16, 2009 Userjoy Technology Co., 20,000, , SinoPac Securities - RA December 16, 2009 Swancor. Ind. Co., 8,000, , SinoPac Securities - RB December 16, 2009 P-Two Industries Inc. 20,000, , (Continued)

134 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - RC December 16, 2009 Taiflex Scientific Co., 20,000, $ 16,400 $ SinoPac Securities - KV December 16, 2009 Siliconware Precision 20,000, , Industries Co., SinoPac Securities - KW December 16, 2009 Chroma Ate Inc. 20,000, , SinoPac Securities - KX December 16, 2009 Wintek 20,000, , SinoPac Securities - KY December 16, 2009 Zyxel Communications 20,000, , SinoPac Securities - KZ December 16, 2009 Novatek Microelectronics 20,000, , Corp. SinoPac Securities - LA December 16, 2009 Txc 20,000, , SinoPac Securities - LB December 16, 2009 Inventec Appliances Corp. 15,000, , SinoPac Securities - LC December 16, 2009 Forhouse 20,000, , SinoPac Securities - LD December 16, 2009 Tong Hsing Electronic 15,000, , Industries, SinoPac Securities - LE December 16, 2009 Young Optics Inc. 20,000, , SinoPac Securities - RD December 17, 2009 Syncmold Enterprise Corp. 20,000, , SinoPac Securities - RE December 17, 2009 Chinese Gamer International 20,000, , SinoPac Securities - RF December 17, 2009 Wanshih Electronic Co., 12,000, , SinoPac Securities - RG December 17, 2009 Wafer Works Corp. 17,500, , SinoPac Securities - RH December 17, 2009 Firich Enterprises Co., 20,000, , SinoPac Securities - LF December 21, 2009 Taiwan Capitalization 20,000, ,800 8, Weighted Stock Index SinoPac Securities - LG December 21, 2009 Greatwall Ent 20,000, , SinoPac Securities - LH December 21, 2009 Cheng Loong Corp. 20,000, , SinoPac Securities - LI December 21, 2009 Macronix International Co., 20,000, , SinoPac Securities - LJ December 21, 2009 Unity Opto Technology Co., 20,000, , SinoPac Securities - LK December 21, 2009 Goldsun Development & 20,000, , Construction Co., SinoPac Securities - LL December 21, 2009 Asia Optical Co., Inc. 20,000, , SinoPac Securities - LM December 21, 2009 Tripod Technology 15,000, , SinoPac Securities - LN December 21, 2009 Asrock Incorporation 10,000, , SinoPac Securities - LP December 21, 2009 Acbel Polytech Inc. 20,000, , SinoPac Securities - LQ December 22, 2009 Wei Chuan Foods Corp. 20,000, , SinoPac Securities - LR December 22, 2009 Shinkong Textile Co., 20,000, , SinoPac Securities - LS December 22, 2009 Taiwan Fertilizer Co., 20,000, , SinoPac Securities - LT December 22, 2009 Nankang Rubber Tire Corp., 20,000, , SinoPac Securities - LU December 22, 2009 Kenda Rubber Industrial Co., 20,000, , SinoPac Securities - LV December 22, 2009 Synnex Technology 20,000, , International Corp. SinoPac Securities - LW December 22, 2009 Mediatek Inc. 20,000, , SinoPac Securities - LX December 22, 2009 Zinwell 20,000, , SinoPac Securities - LY December 22, 2009 Far Eastern Department 20,000, , Stores SinoPac Securities - LZ December 22, 2009 Ju Teng International 20,000, , Holdings Limited SinoPac Securities - RJ December 24, 2009 Taiwan Chi Cheng Enterprise 20,000, , Co., SinoPac Securities - RK December 24, 2009 Ardentec 20,000, , SinoPac Securities - RL December 24, 2009 Efun Technology Co., 20,000, , SinoPac Securities - RM December 24, 2009 Sino-American Silicon 20,000, , Products Inc. SinoPac Securities - MA December 25, 2009 Shinkong Synthetic Fiber 20,000, , SinoPac Securities - MB December 25, 2009 Eternal Chemical Co., 20,000, , SinoPac Securities - MC December 25, 2009 Advantech Co., 15,000, , SinoPac Securities - MD December 25, 2009 Global Mixed-Mode 10,000, , Technology Inc. SinoPac Securities - ME December 25, 2009 Infortrend Technology, Inc. 20,000, , SinoPac Securities - MF December 25, 2009 Highwealth Construction 20,000, , Corp. SinoPac Securities - MG December 25, 2009 Mitac Technology Corp. 20,000, , SinoPac Securities - MH December 25, 2009 Largan Precision Co., 20,000, , SinoPac Securities - MI December 25, 2009 Wpg Holdings Limited 20,000, , SinoPac Securities - MJ December 25, 2009 Tong Yang Industry Co., 20,000, , SinoPac Securities - MK December 25, 2009 Tung Ho Steel Enterprise 20,000, , Corp. SinoPac Securities - ML December 25, 2009 Tsrc 20,000, , SinoPac Securities - MM December 25, 2009 Lite-On Technology Corp. 20,000, , SinoPac Securities - MN December 25, 2009 Au Optronics Corp. 20,000, , SinoPac Securities - MP December 25, 2009 Transcend Information, Inc. 15,000, , (Continued)

135 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - MQ December 25, 2009 China Life Insurance 20,000, $ 10,400 $ Company, SinoPac Securities - MR December 25, 2009 Cathay Financial Holding 20,000, , Co., SinoPac Securities - MS December 25, 2009 Compal Communications Inc. 20,000, , SinoPac Securities - MT December 25, 2009 Ruentex Development Co., 20,000, , SinoPac Securities - MU December 29, 2009 Upc Technology 20,000, , SinoPac Securities - MV December 29, 2009 Teco Electric & Machinery 20,000, , Co., SinoPac Securities - MW December 29, 2009 Oriental Union Chemical 20,000, , Corp. SinoPac Securities - MX December 29, 2009 China Synthetic Rubber 20,000, , SinoPac Securities - MY December 29, 2009 Yageo 20,000, , SinoPac Securities - MZ December 29, 2009 D-Link 20,000, , SinoPac Securities - NA December 29, 2009 Acer Incorporated 20,000, , SinoPac Securities - NB December 29, 2009 Evermore Chemical Industry 20,000, , Co., SinoPac Securities - NC December 29, 2009 Sincere Navigation 20,000, , SinoPac Securities - ND December 29, 2009 Formosa Epitaxy 20,000, , Incorporation SinoPac Securities - RN December 29, 2009 Wah Hong Industrial Corp. 20,000, , SinoPac Securities - RP December 29, 2009 Pixart Imaging Inc. 20,000, , SinoPac Securities - RQ December 29, 2009 International Games System 20,000, , Co., SinoPac Securities - RR December 29, 2009 Celxpert Energy 12,000, , SinoPac Securities - RS December 29, 2009 Vanguard International 15,000, , Semiconductor Co., SinoPac Securities - RT December 29, 2009 Coretronic 20,000, , SinoPac Securities - RU December 29, 2009 Avy Precision Technology 8,000, , Inc. SinoPac Securities - RV December 29, 2009 Taiwan Chinsan Electronic 15,000, , Industrial Co., SinoPac Securities - RW December 29, 2009 Soft-World International 15,000, , SinoPac Securities - RX December 29, 2009 Kenmec Mechanical 15,000, , Engineering Co., SinoPac Securities - RY December 29, 2009 Gamania Digital 20,000, , Entertainment Co., SinoPac Securities - RZ December 29, 2009 Youngtek Electronics 15,000, , SinoPac Securities - NE December 30, 2009 Compeq Manufacturing Co., 20,000, , SinoPac Securities - NF December 30, 2009 Clevo Co., 20,000, , SinoPac Securities - NG December 30, 2009 Formosa International Hotels 20,000, , SinoPac Securities - NH December 30, 2009 Fubon Financial Holding Co., 20,000, , SinoPac Securities - NI December 30, 2009 Mega Financial Holding Co., 20,000, , SinoPac Securities - NJ December 30, 2009 First Financial Holding Co., 20,000, , SinoPac Securities - NK December 30, 2009 Holy Stone Enterprise Co., 20,000, , SinoPac Securities - NL December 30, 2009 Faraday Technology Corp. 20,000, , SinoPac Securities - NM December 30, 2009 Unimicron Technology Corp. 20,000, , SinoPac Securities - NN December 30, 2009 Altek 20,000, , SinoPac Securities - NP December 30, 2009 Cybertan Technology Inc. 20,000, , SinoPac Securities - NQ December 30, 2009 Lite-On Semiconductor Corp. 20,000, , SinoPac Securities - NR December 30, 2009 Radiant Opto-Electronics 20,000, , Corp. SinoPac Securities - NS December 30, 2009 Richtek Technology Corp. 20,000, , SinoPac Securities - NT December 30, 2009 Taiwan Hon Chuan 20,000, , Enterprise Co., SinoPac Securities - 01 December 31, 2009 Green Energy Technology 20,000, , Inc. SinoPac Securities - 02 December 31, 2009 EPISTAR 20,000, , SinoPac Securities - 03 December 31, 2009 Amtran Technology Co., 20,000, , SinoPac Securities - 04 December 31, 2009 HTC 20,000, , SinoPac Securities - 05 December 31, 2009 Kindom Construction Corp. 20,000, , SinoPac Securities - 06 December 31, 2009 Yuanta Financial Holdings 20,000, , SinoPac Securities - 07 December 31, 2009 Shin Zu Shing Co., 10,000, , SinoPac Securities - 08 December 31, 2009 Opto Tech 14,000, , SinoPac Securities - NU December 31, 2009 Formosa Chemicals & Fibre 20,000, , (Continued)

136 December 31, 2009 Price at Strike Price Issuance (In New (In New Taiwan Leverage Units Taiwan Dollars/ at Listed Date Underlying Securities Issued Dollars) Amount Index) Issuance SinoPac Securities - NV December 31, 2009 Far Eastern New Century 20,000, $ 14,000 $ SinoPac Securities - NW December 31, 2009 Yulon Motor Co., 20,000, , SinoPac Securities - NX December 31, 2009 Kinpo Electronics, Inc. 15,000, , SinoPac Securities - NY December 31, 2009 Mitac International Corp. 20,000, , SinoPac Securities - NZ December 31, 2009 Pan-International Industrial 20,000, , Corp. 6,835,600 Less: Gains on change in market value of warrant liabilities as of December 31, (1,159,605) 2009 Market value $ 5,675,995 The warrants are American-type warrants, which expire within six months after their respective listing dates. The can exercise a warrant either by issuing the underlying securities or making cash payments. The market values of warrant liabilities were calculated at their closing prices on December 31, 2010 and Repurchase of warrants issued December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - A4 - $ - 19,958,000 $ 17,757 SinoPac Securities - A ,000,000 21,347 SinoPac Securities - A ,962,000 7,286 SinoPac Securities - A ,696,000 7,598 SinoPac Securities - A ,774,000 10,288 SinoPac Securities - A ,782,000 6,586 SinoPac Securities - B ,966,000 7,866 SinoPac Securities - B ,395,000 7,483 SinoPac Securities - B ,914,000 12,103 SinoPac Securities - B ,719,000 7,177 SinoPac Securities - B ,152,000 4,484 SinoPac Securities - B ,941,000 4,473 SinoPac Securities - B ,396,000 13,257 SinoPac Securities - B ,446,000 7,503 SinoPac Securities - B ,124,000 2,756 SinoPac Securities - C ,093,000 2,082 SinoPac Securities - C ,671,000 7,450 SinoPac Securities - C ,475,000 13,188 SinoPac Securities - C ,772,000 10,690 SinoPac Securities - C ,931,000 10,466 SinoPac Securities - C ,502,000 10,272 SinoPac Securities - C ,688,000 14,343 SinoPac Securities - C ,955,000 13,803 SinoPac Securities - C ,000,000 12,970 SinoPac Securities - D ,214,000 5,829 (Continued)

137 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - D2 - $ - 19,878,000 $ 11,963 SinoPac Securities - D ,252,000 5,851 SinoPac Securities - D ,979,000 11,251 SinoPac Securities - D ,749,000 13,614 SinoPac Securities - D ,866,000 8,899 SinoPac Securities - D ,782,000 12,319 SinoPac Securities - D ,680,000 8,945 SinoPac Securities - D ,872,000 20,908 SinoPac Securities - E ,603,000 10,505 SinoPac Securities - E ,369,000 10,606 SinoPac Securities - E ,777,000 11,904 SinoPac Securities - S ,091,000 7,713 SinoPac Securities - S ,568,000 10,813 SinoPac Securities - S ,428,000 3,205 SinoPac Securities - S ,943,000 11,183 SinoPac Securities - T ,378,000 5,869 SinoPac Securities - T ,868,000 11,869 SinoPac Securities - T ,925,000 8,737 SinoPac Securities - E ,288,000 8,378 SinoPac Securities - E ,736,000 11,458 SinoPac Securities - E ,555,000 13,818 SinoPac Securities - E ,298,000 7,752 SinoPac Securities - E ,916,000 13,023 SinoPac Securities - E ,877,000 10,495 SinoPac Securities - F ,852,000 8,661 SinoPac Securities - F ,534, SinoPac Securities - F ,473,000 9,958 SinoPac Securities - F ,941,000 15,297 SinoPac Securities - F ,117,000 7,836 SinoPac Securities - F ,654,000 10,568 SinoPac Securities - F ,369,000 12,118 SinoPac Securities - F ,546,000 12,750 SinoPac Securities - F ,595,000 17,910 SinoPac Securities - G ,184,000 6,963 SinoPac Securities - G ,195,000 12,804 SinoPac Securities - G ,266,000 10,491 SinoPac Securities - G ,548,000 7,251 SinoPac Securities - G ,725,000 12,587 SinoPac Securities - G ,299,000 11,413 SinoPac Securities - G ,594,000 5,283 SinoPac Securities - G ,677,000 8,265 SinoPac Securities - G ,001,000 9,772 SinoPac Securities - H ,833, SinoPac Securities - H ,817,000 11,528 SinoPac Securities - H ,553,000 1,562 SinoPac Securities - H ,185,000 9,436 SinoPac Securities - H ,477,000 7,723 SinoPac Securities - T ,176,000 3,875 (Continued)

138 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - T5 - $ - 12,017,000 $ 5,868 SinoPac Securities - T ,184,000 4,718 SinoPac Securities - T ,184,000 2,698 SinoPac Securities - T , SinoPac Securities - T ,673, SinoPac Securities - U ,124,000 1,109 SinoPac Securities - U ,152,000 9,023 SinoPac Securities - H ,156,000 5,521 SinoPac Securities - H ,445,000 3,919 SinoPac Securities - H ,448,000 9,195 SinoPac Securities - H ,808,000 10,201 SinoPac Securities - J ,781,000 13,593 SinoPac Securities - J ,761,000 6,732 SinoPac Securities - J ,535, SinoPac Securities - J ,240,000 7,790 SinoPac Securities - U ,239,000 3,190 SinoPac Securities - U ,790,000 8,399 SinoPac Securities - U ,905,000 4,049 SinoPac Securities - U ,000 5 SinoPac Securities - U ,548,000 11,629 SinoPac Securities - U ,310,000 5,230 SinoPac Securities - J ,850,000 15,609 SinoPac Securities - J ,234,000 8,140 SinoPac Securities - J ,759,000 11,026 SinoPac Securities - J ,950,000 11,173 SinoPac Securities - J ,087,000 9,459 SinoPac Securities - K ,970,000 11,256 SinoPac Securities - K ,886,000 14,642 SinoPac Securities - K ,139,000 7,965 SinoPac Securities - K ,288,000 14,235 SinoPac Securities - K ,197,000 10,197 SinoPac Securities - K ,094,000 10,909 SinoPac Securities - K ,621,000 10,146 SinoPac Securities - K ,523,000 9,360 SinoPac Securities - K ,826,000 8,390 SinoPac Securities - L ,342,000 14,622 SinoPac Securities - L ,970,000 8,444 SinoPac Securities - L ,462,000 6,993 SinoPac Securities - L ,381,000 12,420 SinoPac Securities - L ,460,000 12,470 SinoPac Securities - L ,992,000 12,263 SinoPac Securities - L ,689,000 17,527 SinoPac Securities - L ,407,000 15,887 SinoPac Securities - L ,879,000 4,500 SinoPac Securities - M ,409,000 8,813 SinoPac Securities - M ,930,000 12,287 SinoPac Securities - M ,092,000 5,509 (Continued)

139 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - M4 - $ - 14,692,000 $ 14,289 SinoPac Securities - M ,000,000 16,363 SinoPac Securities - M ,402,000 8,871 SinoPac Securities - M ,730,000 15,902 SinoPac Securities - M ,683,000 10,545 SinoPac Securities - M ,765,000 11,879 SinoPac Securities - N ,906,000 13,302 SinoPac Securities - N ,480,000 5,865 SinoPac Securities - N ,920,000 12,776 SinoPac Securities - N ,556,000 15,204 SinoPac Securities - N ,145,000 8,610 SinoPac Securities - U ,728,000 5,483 SinoPac Securities - V ,979,000 12,781 SinoPac Securities - V ,989,000 9,301 SinoPac Securities - V ,942,000 7,584 SinoPac Securities - V , SinoPac Securities - V ,922,000 12,965 SinoPac Securities - V ,417,000 4,940 SinoPac Securities - V ,000,000 14,341 SinoPac Securities - V ,857,000 8,686 SinoPac Securities - V ,124,000 6,133 SinoPac Securities - AA ,793,000 13,575 SinoPac Securities - N ,783,000 7,970 SinoPac Securities - N ,565,000 11,653 SinoPac Securities - N ,880,000 11,027 SinoPac Securities - N ,704,000 9,096 SinoPac Securities - AB - - 9,298,000 7,439 SinoPac Securities - AC ,345,000 8,747 SinoPac Securities - AD ,074,000 8,704 SinoPac Securities - AF ,709,000 11,396 SinoPac Securities - AG ,590,000 5,667 SinoPac Securities - AH - - 8,621,000 7,226 SinoPac Securities - AI ,106,000 18,521 SinoPac Securities - AJ ,389,000 13,369 SinoPac Securities - AK ,634,000 18,903 SinoPac Securities - AL ,060,000 10,293 SinoPac Securities - AM ,501,000 10,879 SinoPac Securities - AN ,138,000 10,807 SinoPac Securities - AP ,888,000 9,135 SinoPac Securities - AQ ,699,000 11,721 SinoPac Securities - AR ,381,000 10,665 SinoPac Securities - AS ,972,000 7,206 SinoPac Securities - AT ,631,000 9,837 SinoPac Securities - AU - - 9,845,000 4,499 SinoPac Securities - AV ,289,000 6,457 SinoPac Securities - AW ,149,000 6,731 SinoPac Securities - AX ,840,000 14,843 SinoPac Securities - AY ,228,000 10,555 (Continued)

140 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - AZ - $ - 5,720,000 $ 2,171 SinoPac Securities - BA ,574,000 10,896 SinoPac Securities - BB ,890,000 16,627 SinoPac Securities - BC ,890,000 13,134 SinoPac Securities - BD ,646,000 8,327 SinoPac Securities - BE ,658,000 7,046 SinoPac Securities - BF ,061,000 8,542 SinoPac Securities - BG ,507,000 14,917 SinoPac Securities - BH ,201,000 10,157 SinoPac Securities - BI ,357,000 14,353 SinoPac Securities - BJ ,752,000 9,960 SinoPac Securities - BK ,544,000 12,272 SinoPac Securities - BL ,143,000 11,920 SinoPac Securities - BM - - 9,053,000 8,343 SinoPac Securities - BN ,509,000 11,507 SinoPac Securities - BP ,178,000 12,533 SinoPac Securities - BQ ,588,000 12,157 SinoPac Securities - BR ,955,000 15,263 SinoPac Securities - BS - - 7,777,000 3,177 SinoPac Securities - BT ,309,000 10,073 SinoPac Securities - BU ,570,000 15,246 SinoPac Securities - BV ,704,000 15,149 SinoPac Securities - BW ,103,000 10,212 SinoPac Securities - BX ,668,000 10,147 SinoPac Securities - BY ,889,000 7,049 SinoPac Securities - BZ ,327,000 6,546 SinoPac Securities - CA - - 9,750,000 7,348 SinoPac Securities - CB ,803,000 13,174 SinoPac Securities - CC - - 5,691,000 4,096 SinoPac Securities - CD ,634,000 11,017 SinoPac Securities - CE ,028,000 10,193 SinoPac Securities - CF ,828,000 9,689 SinoPac Securities - CG ,669,000 13,335 SinoPac Securities - CH ,736,000 10,754 SinoPac Securities - CI - - 8,370,000 3,432 SinoPac Securities - CJ ,902,000 4,672 SinoPac Securities - CK ,868,000 11,968 SinoPac Securities - CL ,625,000 12,775 SinoPac Securities - CM ,726,000 22,762 SinoPac Securities - CN ,294,000 10,793 SinoPac Securities - CP ,580,000 10,518 SinoPac Securities - CQ ,208,000 9,825 SinoPac Securities - CR - - 7,990,000 6,206 SinoPac Securities - CS ,309,000 11,636 SinoPac Securities - CT ,805,000 9,361 SinoPac Securities - CU ,380,000 12,114 SinoPac Securities - CV ,498,000 9,676 SinoPac Securities - CW ,376,000 7,989 (Continued)

141 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - CX - $ - 13,970,000 $ 6,776 SinoPac Securities - CY - - 7,334,000 3,916 SinoPac Securities - CZ ,738,000 10,589 SinoPac Securities - DA ,546,000 10,765 SinoPac Securities - DB ,805,000 14,020 SinoPac Securities - DC ,009,000 7,777 SinoPac Securities - DD ,207,000 9,343 SinoPac Securities - DE ,580,000 7,865 SinoPac Securities - W ,498,000 11,423 SinoPac Securities - W ,201,000 6,289 SinoPac Securities - W ,009,000 9,630 SinoPac Securities - W ,665, SinoPac Securities - W ,571,000 9,173 SinoPac Securities - W ,647,000 2,970 SinoPac Securities - W ,163,000 8,904 SinoPac Securities - DF ,811,000 11,034 SinoPac Securities - DG ,371,000 10,989 SinoPac Securities - DH ,734,000 7,864 SinoPac Securities - DI ,057,000 8,118 SinoPac Securities - DJ ,143,000 10,373 SinoPac Securities - DK ,978,000 11,013 SinoPac Securities - DL ,978,000 11,573 SinoPac Securities - DM - - 9,960,000 7,039 SinoPac Securities - DN ,721,000 7,996 SinoPac Securities - DP ,718,000 12,467 SinoPac Securities - DQ ,343,000 9,896 SinoPac Securities - DR ,664,000 10,761 SinoPac Securities - DS ,907,000 11,848 SinoPac Securities - DT ,324,000 9,665 SinoPac Securities - DU ,458,000 13,089 SinoPac Securities - DV ,465,000 10,166 SinoPac Securities - DW ,097,000 9,627 SinoPac Securities - DX ,479,000 12,139 SinoPac Securities - PA ,726,000 7,709 SinoPac Securities - PB , SinoPac Securities - PC - - 6,452,000 6,666 SinoPac Securities - PD - - 6,819,000 5,550 SinoPac Securities - PE ,435,000 8,297 SinoPac Securities - PF ,153,000 20,474 SinoPac Securities - PG ,271,000 9,019 SinoPac Securities - PH - - 7,524,000 5,283 SinoPac Securities - PJ ,913,000 12,139 SinoPac Securities - PK ,356,000 9,432 SinoPac Securities - PL ,643,000 9,792 SinoPac Securities - PM - - 8,656,000 5,659 SinoPac Securities - PN - - 9,512,000 8,729 SinoPac Securities - PP ,686,000 6,148 SinoPac Securities - PQ - - 8,954,000 5,539 (Continued)

142 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - W8 - $ - 7,082,000 $ 7,330 SinoPac Securities - W ,239,000 7,037 SinoPac Securities - DY ,341,000 7,660 SinoPac Securities - DZ ,217,000 8,716 SinoPac Securities - EA ,761,000 11,302 SinoPac Securities - EB - - 9,845,000 6,802 SinoPac Securities - EC ,747,000 8,207 SinoPac Securities - ED - - 9,572,000 15,106 SinoPac Securities - EE ,622,000 11,404 SinoPac Securities - EF - - 9,321,000 11,421 SinoPac Securities - EG ,293,000 7,076 SinoPac Securities - EH ,389,000 7,142 SinoPac Securities - EI - - 9,251,000 2,859 SinoPac Securities - EJ ,151,000 8,532 SinoPac Securities - EK ,716,000 7,479 SinoPac Securities - EL ,530,000 10,393 SinoPac Securities - EM ,610,000 9,762 SinoPac Securities - EN ,314,000 12,413 SinoPac Securities - EP ,477,000 14,405 SinoPac Securities - EQ ,451,000 9,395 SinoPac Securities - ER ,503,000 12,322 SinoPac Securities - ES ,311,000 10,207 SinoPac Securities - ET ,728,000 11,823 SinoPac Securities - EU - - 8,879,000 3,045 SinoPac Securities - EV ,038,000 11,148 SinoPac Securities - EW ,551,000 13,602 SinoPac Securities - EX ,119,000 11,250 SinoPac Securities - EY ,934,000 10,035 SinoPac Securities - EZ ,750,000 10,558 SinoPac Securities - FA ,542,000 9,380 SinoPac Securities - FB ,768,000 8,967 SinoPac Securities - FC ,514,000 16,788 SinoPac Securities - FD ,316,000 8,237 SinoPac Securities - PR ,643,000 11,076 SinoPac Securities - PS - - 8,286,000 2,817 SinoPac Securities - PT ,528,000 8,747 SinoPac Securities - FE ,990,000 13,866 SinoPac Securities - FF ,724,000 9,739 SinoPac Securities - FG ,725,000 9,909 SinoPac Securities - FH ,477,000 12,241 SinoPac Securities - FI ,234,000 9,249 SinoPac Securities - FJ ,980,000 18,581 SinoPac Securities - FK ,409,000 12,427 SinoPac Securities - FL ,620,000 25,137 SinoPac Securities - FM ,998,000 10,402 SinoPac Securities - FN ,078,000 10,858 SinoPac Securities - FP ,087,000 11,078 SinoPac Securities - FQ - - 9,740,000 4,456 (Continued)

143 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - FR - $ - 19,670,000 $ 9,436 SinoPac Securities - FS ,233,000 12,001 SinoPac Securities - FT ,400,000 9,708 SinoPac Securities - FU ,204,000 10,170 SinoPac Securities - FV - - 9,407,000 16,074 SinoPac Securities - FW ,141,000 6,957 SinoPac Securities - FX ,581,000 10,867 SinoPac Securities - FY ,391,000 8,438 SinoPac Securities - FZ ,832,000 9,749 SinoPac Securities - GA ,947,000 19,209 SinoPac Securities - GB ,125,000 9,140 SinoPac Securities - GC ,069,000 10,656 SinoPac Securities - GD ,375,000 15,992 SinoPac Securities - GE ,851,000 11,893 SinoPac Securities - GF ,654,000 4,296 SinoPac Securities - GG ,766,000 11,804 SinoPac Securities - GH - - 9,313,000 4,088 SinoPac Securities - GI ,678,000 12,679 SinoPac Securities - GJ ,707,000 9,073 SinoPac Securities - PU ,001,000 14,615 SinoPac Securities - PV ,917,000 8,226 SinoPac Securities - PW ,319,000 4,766 SinoPac Securities - PX - - 9,383,000 9,365 SinoPac Securities - PY - - 5,990,000 6,561 SinoPac Securities - PZ - - 2,456, SinoPac Securities - GK ,595,000 12,346 SinoPac Securities - GL ,970,000 11,686 SinoPac Securities - GM ,935,000 10,106 SinoPac Securities - GN ,396,000 10,350 SinoPac Securities - GP ,036,000 13,668 SinoPac Securities - GQ ,074,000 11,181 SinoPac Securities - GR ,606,000 21,897 SinoPac Securities - GS ,528,000 10,280 SinoPac Securities - GT ,683,000 8,768 SinoPac Securities - GU ,611,000 10,634 SinoPac Securities - GV ,807,000 13,915 SinoPac Securities - GW ,438,000 11,442 SinoPac Securities - GX ,313,000 10,324 SinoPac Securities - GY ,363,000 11,129 SinoPac Securities - GZ ,670,000 11,003 SinoPac Securities - HA ,694,000 21,128 SinoPac Securities - HB ,761,000 12,393 SinoPac Securities - HC ,490,000 11,774 SinoPac Securities - HD ,964,000 17,362 SinoPac Securities - HE ,288,000 10,691 SinoPac Securities - HF ,846,000 12,269 SinoPac Securities - HG ,837,000 10,420 SinoPac Securities - HH ,521,000 10,621 (Continued)

144 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - HI - $ - 19,254,000 $ 11,218 SinoPac Securities - HJ ,942,000 10,293 SinoPac Securities - QA ,377,000 3,119 SinoPac Securities - QB - - 9,615,000 10,585 SinoPac Securities - QC ,930,000 10,960 SinoPac Securities - QD ,588,000 8,744 SinoPac Securities - QE ,814,000 10,743 SinoPac Securities - QF ,277,000 9,206 SinoPac Securities - HK ,434,000 9,353 SinoPac Securities - HL ,223,000 9,522 SinoPac Securities - HM ,889,000 8,934 SinoPac Securities - HN ,021,000 13,556 SinoPac Securities - HP ,960,000 11,542 SinoPac Securities - HQ ,140,000 9,444 SinoPac Securities - HR ,722,000 10,550 SinoPac Securities - HS ,602,000 11,338 SinoPac Securities - HT ,680,000 14,076 SinoPac Securities - HU ,529,000 13,202 SinoPac Securities - HV ,718,000 12,127 SinoPac Securities - HW ,850,000 11,074 SinoPac Securities - HX ,823,000 5,856 SinoPac Securities - HY ,541,000 17,959 SinoPac Securities - HZ ,923,000 12,928 SinoPac Securities - JA ,745,000 10,261 SinoPac Securities - JB ,697,000 14,934 SinoPac Securities - JC ,253,000 11,677 SinoPac Securities - JD ,446,000 9,009 SinoPac Securities - JE ,455,000 13,759 SinoPac Securities - JF ,899,000 11,281 SinoPac Securities - QG ,422,000 10,027 SinoPac Securities - QH - - 8,465,000 4,405 SinoPac Securities - QJ ,664,000 14,018 SinoPac Securities - QK ,760,000 8,268 SinoPac Securities - JG ,950,000 14,071 SinoPac Securities - JH ,884,000 10,315 SinoPac Securities - JI ,756,000 16,829 SinoPac Securities - JJ ,866,000 8,649 SinoPac Securities - JK ,620,000 15,221 SinoPac Securities - JL ,940,000 10,302 SinoPac Securities - JM ,772,000 7,986 SinoPac Securities - JN ,613,000 16,465 SinoPac Securities - JP ,993,000 8,168 SinoPac Securities - JQ ,652,000 11,381 SinoPac Securities - JR ,994,000 9,593 SinoPac Securities - JS ,835,000 11,746 SinoPac Securities - JT ,960,000 10,332 SinoPac Securities - JU ,595,000 13,770 SinoPac Securities - JV ,418,000 11,721 (Continued)

145 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - JW - $ - 14,772,000 $ 8,938 SinoPac Securities - JX ,985,000 10,663 SinoPac Securities - JY ,951,000 15,141 SinoPac Securities - JZ ,740,000 7,500 SinoPac Securities - KA ,749,000 12,226 SinoPac Securities - KB ,471,000 10,292 SinoPac Securities - KC ,896,000 9,550 SinoPac Securities - KD ,995,000 15,933 SinoPac Securities - KE ,887,000 11,526 SinoPac Securities - QL ,085,000 8,496 SinoPac Securities - QM - - 9,882,000 6,588 SinoPac Securities - QN ,650,000 10,626 SinoPac Securities - QP - - 6,295,000 4,475 SinoPac Securities - QQ ,948,000 8,153 SinoPac Securities - QR ,781,000 9,681 SinoPac Securities - KF ,050,000 11,810 SinoPac Securities - KG ,944,000 11,752 SinoPac Securities - KH ,656,000 10,531 SinoPac Securities - KI ,388,000 11,529 SinoPac Securities - KJ ,389,000 11,435 SinoPac Securities - KK ,511,000 10,984 SinoPac Securities - KL ,980,000 10,588 SinoPac Securities - KM ,968,000 13,973 SinoPac Securities - KN ,994,000 14,390 SinoPac Securities - KP ,673,000 19,722 SinoPac Securities - KQ ,000,000 12,200 SinoPac Securities - KR ,980,000 11,985 SinoPac Securities - KS ,995,000 12,988 SinoPac Securities - KT ,469,000 11,680 SinoPac Securities - KU ,030,000 9,227 SinoPac Securities - QS ,967,000 14,285 SinoPac Securities - QT - - 3,232,000 5,149 SinoPac Securities - QU ,000,000 7,595 SinoPac Securities - QV ,824,000 23,192 SinoPac Securities - QW ,926,000 8,253 SinoPac Securities - QX ,641,000 17,744 SinoPac Securities - QY - - 9,043,000 10,636 SinoPac Securities - QZ ,903,000 7,458 SinoPac Securities - RA - - 7,965,000 7,055 SinoPac Securities - RB ,925,000 15,727 SinoPac Securities - RC ,597,000 15,971 SinoPac Securities - KV ,968,000 13,775 SinoPac Securities - KW ,840,000 14,863 SinoPac Securities - KX ,665,000 10,957 SinoPac Securities - KY ,980,000 12,286 SinoPac Securities - KZ ,666,000 15,917 SinoPac Securities - LA ,761,000 12,445 SinoPac Securities - LB ,920,000 8,353 (Continued)

146 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - LC - $ - 19,998,000 $ 11,398 SinoPac Securities - LD ,150,000 14,131 SinoPac Securities - LE ,923,000 7,375 SinoPac Securities - RD ,540,000 12,287 SinoPac Securities - RE ,000,000 12,191 SinoPac Securities - RF ,538,000 7,949 SinoPac Securities - RG ,499,000 10,674 SinoPac Securities - RH ,891,000 15,515 SinoPac Securities - LF ,979,000 21,779 SinoPac Securities - LG ,980,000 12,587 SinoPac Securities - LH ,625,000 10,171 SinoPac Securities - LI ,942,000 14,760 SinoPac Securities - LJ ,732,000 10,260 SinoPac Securities - LK ,940,000 12,562 SinoPac Securities - LL ,351,000 12,202 SinoPac Securities - LM ,949,000 14,208 SinoPac Securities - LN - - 9,566,000 12,921 SinoPac Securities - LP ,932,000 9,438 SinoPac Securities - LQ ,995,000 10,997 SinoPac Securities - LR ,370,000 15,302 SinoPac Securities - LS ,978,000 17,381 SinoPac Securities - LT ,540,000 13,323 SinoPac Securities - LU ,724,000 13,593 SinoPac Securities - LV ,780,000 13,054 SinoPac Securities - LW ,275,000 10,407 SinoPac Securities - LX ,940,000 10,369 SinoPac Securities - LY ,994,000 9,997 SinoPac Securities - LZ ,934,000 10,565 SinoPac Securities - RJ ,949,000 13,113 SinoPac Securities - RK ,924,000 7,970 SinoPac Securities - RL ,505,000 18,854 SinoPac Securities - RM ,830,000 14,079 SinoPac Securities - MA ,875,000 9,344 SinoPac Securities - MB ,000,000 12,000 SinoPac Securities - MC ,679,000 7,783 SinoPac Securities - MD - - 9,878,000 12,463 SinoPac Securities - ME ,934,000 9,369 SinoPac Securities - MF ,000,000 10,000 SinoPac Securities - MG ,980,000 12,388 SinoPac Securities - MH ,000,000 9,600 SinoPac Securities - MI ,980,000 10,989 SinoPac Securities - MJ ,000,000 11,600 SinoPac Securities - MK ,980,000 10,989 SinoPac Securities - ML ,000,000 11,200 SinoPac Securities - MM ,773,000 14,247 SinoPac Securities - MN ,554,000 10,371 SinoPac Securities - MP ,825,000 11,858 SinoPac Securities - MQ ,000,000 10,400 (Continued)

147 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - MR - $ - 19,930,000 $ 10,961 SinoPac Securities - MS ,000,000 10,800 SinoPac Securities - MT ,792,000 9,894 SinoPac Securities - MU ,000,000 13,000 SinoPac Securities - MV ,000,000 10,400 SinoPac Securities - MW ,000,000 10,200 SinoPac Securities - MX ,965,000 11,380 SinoPac Securities - MY ,849,000 10,325 SinoPac Securities - MZ ,967,000 11,782 SinoPac Securities - NA ,913,000 12,744 SinoPac Securities - NB ,909,000 13,140 SinoPac Securities - NC ,930,000 12,359 SinoPac Securities - ND ,990,000 11,394 SinoPac Securities - RN ,000,000 15,600 SinoPac Securities - RP ,953,000 7,782 SinoPac Securities - RQ ,930,000 6,378 SinoPac Securities - RR ,000,000 6,360 SinoPac Securities - RS ,950,000 8,521 SinoPac Securities - RT ,724,000 9,862 SinoPac Securities - RU - - 7,980,000 13,500 SinoPac Securities - RV ,986,000 8,691 SinoPac Securities - RW ,790,000 27,068 SinoPac Securities - RX ,000,000 8,100 SinoPac Securities - RY ,993,000 12,193 SinoPac Securities - RZ ,000,000 10,490 SinoPac Securities - NE ,606,000 9,021 SinoPac Securities - NF ,940,000 9,372 SinoPac Securities - NG ,000,000 10,000 SinoPac Securities - NH ,000,000 12,000 SinoPac Securities - NI ,000,000 13,800 SinoPac Securities - NJ ,000,000 12,600 SinoPac Securities - NK ,847,000 13,893 SinoPac Securities - NL ,891,000 12,332 SinoPac Securities - NM ,970,000 9,785 SinoPac Securities - NN ,961,000 11,178 SinoPac Securities - NP ,000,000 10,400 SinoPac Securities - NQ ,895,000 10,744 SinoPac Securities - NR ,998,000 14,599 SinoPac Securities - NS ,990,000 8,196 SinoPac Securities - NT ,000,000 8,600 SinoPac Securities ,995,000 12,197 SinoPac Securities ,000,000 19,800 SinoPac Securities ,970,000 14,378 SinoPac Securities ,848,000 7,741 SinoPac Securities ,000,000 13,200 SinoPac Securities ,000,000 9,400 SinoPac Securities ,000,000 10,500 SinoPac Securities ,950,000 4,743 (Continued)

148 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - NU - $ - 20,000,000 $ 10,400 SinoPac Securities - NV ,000,000 14,000 SinoPac Securities - NW ,000,000 13,600 SinoPac Securities - NX ,000,000 9,750 SinoPac Securities - NY ,000,000 13,000 SinoPac Securities - NZ ,000,000 10,400 SinoPac Securities - CA 7,407,000 7, SinoPac Securities - CB 5,988,000 6, SinoPac Securities - CC 7,500,000 5, SinoPac Securities - CD 4,995,000 4, SinoPac Securities - CE 4,993,000 4, SinoPac Securities - CF 4,990,000 7, SinoPac Securities - CG 7,950,000 5, SinoPac Securities - T7 4,331,000 4, SinoPac Securities - T8 10,000,000 7, SinoPac Securities - CH 9,990,000 7, SinoPac Securities - CI 5,000,000 4, SinoPac Securities - CJ 9,995,000 6, SinoPac Securities - CK 11,950,000 10, SinoPac Securities - CL 9,856,000 7, SinoPac Securities - CM 4,999,000 3, SinoPac Securities - CN 7,567,000 1, SinoPac Securities - CP 4,583,000 3, SinoPac Securities - CQ 5,000,000 5, SinoPac Securities - CR 13,877,000 6, SinoPac Securities - CS 5,000,000 2, SinoPac Securities - CT 10,000,000 7, SinoPac Securities - T9 9,840,000 3, SinoPac Securities - U1 9,709,000 14, SinoPac Securities - U2 9,026,000 6, SinoPac Securities - U3 6,652,000 3, SinoPac Securities - CU 4,998,000 2, SinoPac Securities - CV 4,858,000 3, SinoPac Securities - CW 6,000,000 5, SinoPac Securities - CX 4,989,000 3, SinoPac Securities - CY 9,233,000 3, SinoPac Securities - CZ 14,540,000 8, SinoPac Securities - DA 10,000,000 4, SinoPac Securities - DB 4,990,000 3, SinoPac Securities - DC 11,771,000 4, SinoPac Securities - DD 9,958,000 9, SinoPac Securities - DE 9,965,000 6, SinoPac Securities - DF 4,933,000 4, SinoPac Securities - DG 2,038,000 1, SinoPac Securities - U4 4,911,000 9, SinoPac Securities - U5 9,151,000 4, SinoPac Securities - U6 3,000,000 6, SinoPac Securities - U7 6,587,000 2, (Continued)

149 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - U8 2,951,000 $ 1,379 - $ - SinoPac Securities - U9 500,000 1, SinoPac Securities - V1 2,578,000 2, SinoPac Securities - V2 9,195,000 5, SinoPac Securities - DH 4,971,000 4, SinoPac Securities - DI 4,919,000 3, SinoPac Securities - DJ 11,895,000 6, SinoPac Securities - DK 14,894,000 9, SinoPac Securities - DL 8,013,000 1, SinoPac Securities - DM 4,998,000 3, SinoPac Securities - DN 9,977,000 7, SinoPac Securities - DP 7,440,000 4, SinoPac Securities - DQ 4,993,000 5, SinoPac Securities - DR 7,111,000 4, SinoPac Securities - DS 9,996,000 9, SinoPac Securities - DT 14,950,000 10, SinoPac Securities - DU 5,349,000 4, SinoPac Securities - DV 5,000,000 4, SinoPac Securities - DW 8,290,000 3, SinoPac Securities - DX 4,954,000 4, SinoPac Securities - DY 7,417,000 6, SinoPac Securities - DZ 9,559,000 8, SinoPac Securities - EA 14,090,000 17, SinoPac Securities - EB 9,441,000 2, SinoPac Securities - V3 9,653,000 3, SinoPac Securities - V4 15,000,000 17, SinoPac Securities - EC 9,970,000 6, SinoPac Securities - ED 8,609,000 4, SinoPac Securities - EE 7,212,000 8, SinoPac Securities - EF 7,428,000 4, SinoPac Securities - EG 9,364,000 4, SinoPac Securities - EH 5,970,000 5, SinoPac Securities - EI 8,776,000 1, SinoPac Securities - EJ 9,726,000 4, SinoPac Securities - EK 17,932,000 4, SinoPac Securities - EL 6,769,000 3, SinoPac Securities - EM 9,775,000 20, SinoPac Securities - EN 7,500,000 5, SinoPac Securities - V5 9,545,000 7, SinoPac Securities - V6 654, SinoPac Securities - V7 9,610,000 4, SinoPac Securities - V8 14,676,000 13, SinoPac Securities - V9 9,950,000 5, SinoPac Securities - EP 4,796,000 4, SinoPac Securities - EQ 5,988,000 3, SinoPac Securities - ER 8,186,000 5, SinoPac Securities - ES 4,975,000 3, SinoPac Securities - ET 4,875,000 3, (Continued)

150 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - EU 18,958,000 $ 13,081 - $ - SinoPac Securities - W1 3,013,000 1, SinoPac Securities - EV 9,999,000 7, SinoPac Securities - EW 17,261,000 7, SinoPac Securities - EX 9,906,000 7, SinoPac Securities - EY 9,980,000 6, SinoPac Securities - EZ 14,484,000 10, SinoPac Securities - FA 7,489,000 2, SinoPac Securities - FB 5,975,000 5, SinoPac Securities - FC 7,499,000 3, SinoPac Securities - FD 11,161,000 4, SinoPac Securities - FE 7,445,000 4, SinoPac Securities - FF 9,672,000 5, SinoPac Securities - FG 9,955,000 10, SinoPac Securities - FH 15,691,000 10, SinoPac Securities - FI 11,715,000 5, SinoPac Securities - FJ 11,863,000 8, SinoPac Securities - FK 13,808,000 5, SinoPac Securities - FL 19,015,000 13, SinoPac Securities - FM 7,409,000 9, SinoPac Securities - FN 10,842,000 10, SinoPac Securities - FP 6,440,000 5, SinoPac Securities - FQ 6,426,000 3, SinoPac Securities - FR 19,573,000 5, SinoPac Securities - FS 7,089,000 4, SinoPac Securities - FT 17,740,000 6, SinoPac Securities - W2 5,970,000 2, SinoPac Securities - W3 14,724,000 7, SinoPac Securities - W4 3,874,000 1, SinoPac Securities - W5 8,522,000 6, SinoPac Securities - W6 7,491,000 5, SinoPac Securities - W7 15,945,000 7, SinoPac Securities - PA 11,635,000 4, SinoPac Securities - PB 14,274,000 3, SinoPac Securities - PC 3,323, SinoPac Securities - PD 4,134,000 4, SinoPac Securities - W8 10,146,000 5, SinoPac Securities - W9 7,577,000 2, SinoPac Securities - FU 4,840,000 3, SinoPac Securities - FV 9,455,000 5, SinoPac Securities - FW 4,711,000 2, SinoPac Securities - FX 5,000,000 4, SinoPac Securities - FY 4,984,000 4, SinoPac Securities - FZ 4,834,000 4, SinoPac Securities - GA 4,998,000 4, SinoPac Securities - GB 4,441,000 2, SinoPac Securities - GC 8,662,000 4, SinoPac Securities - GD 9,534,000 12, (Continued)

151 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - GE 9,949,000 $ 7,045 - $ - SinoPac Securities - GF 4,998,000 3, SinoPac Securities - GG 8,634,000 9, SinoPac Securities - GH 8,252,000 3, SinoPac Securities - GI 9,761,000 6, SinoPac Securities - GJ 6,672,000 8, SinoPac Securities - GK 13,987,000 6, SinoPac Securities - PE 4,861,000 5, SinoPac Securities - PF 11,975,000 4, SinoPac Securities - PG 6,055,000 2, SinoPac Securities - GL 4,838,000 9, SinoPac Securities - GM 4,969,000 4, SinoPac Securities - GN 6,465,000 3, SinoPac Securities - GP 4,955,000 3, SinoPac Securities - GQ 9,192,000 4, SinoPac Securities - GR 11,940,000 5, SinoPac Securities - GS 19,517,000 11, SinoPac Securities - GT 13,524,000 23, SinoPac Securities - GU 9,628,000 4, SinoPac Securities - GV 7,434,000 4, SinoPac Securities - PH 17,373,000 7, SinoPac Securities - PJ 5,880,000 2, SinoPac Securities - PK 3,613, SinoPac Securities - PL 2,931, SinoPac Securities - GW 6,929,000 1, SinoPac Securities - GX 4,793,000 4, SinoPac Securities - GY 4,945,000 4, SinoPac Securities - GZ 9,438,000 4, SinoPac Securities - HA 1,206, SinoPac Securities - HB 9,868,000 8, SinoPac Securities - HC 9,779,000 20, SinoPac Securities - HD 11,193,000 6, SinoPac Securities - HE 10,174,000 4, SinoPac Securities - HF 8,643,000 4, SinoPac Securities - PM 7,998,000 4, SinoPac Securities - PN 7,934,000 6, SinoPac Securities - PP 19,002,000 6, SinoPac Securities - HG 4,999,000 6, SinoPac Securities - HH 8,961,000 7, SinoPac Securities - HI 9,939,000 9, SinoPac Securities - HJ 4,394,000 5, SinoPac Securities - HK 10,667,000 4, SinoPac Securities - HL 9,400,000 2, SinoPac Securities - HM 4,891,000 1, SinoPac Securities - HN 2,147, SinoPac Securities - HP 5,000,000 3, SinoPac Securities - HQ 4,939,000 3, SinoPac Securities - HR 9,099,000 3, (Continued)

152 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - HS 4,467,000 $ 3,085 - $ - SinoPac Securities - HT 11,258,000 16, SinoPac Securities - HU 7,647,000 3, SinoPac Securities - HV 13,159,000 7, SinoPac Securities - HW 12,081,000 7, SinoPac Securities - HX 8,364,000 2, SinoPac Securities - HY 4,571,000 2, SinoPac Securities - HZ 4,729,000 3, SinoPac Securities - JA 8,602,000 8, SinoPac Securities - JB 8,749,000 6, SinoPac Securities - JC 9,048,000 1, SinoPac Securities - JD 4,884,000 4, SinoPac Securities - JE 11,313,000 6, SinoPac Securities - JF 7,491,000 5, SinoPac Securities - JG 7,582,000 3, SinoPac Securities - JH 4,529,000 2, SinoPac Securities - JI 9,816,000 3, SinoPac Securities - JJ 2,390, SinoPac Securities - JK 4,887,000 4, SinoPac Securities - JL 10,110,000 3, SinoPac Securities - JM 8,839,000 5, SinoPac Securities - JN 13,175,000 4, SinoPac Securities - JP 7,834,000 1, SinoPac Securities - PQ 6,823,000 2, SinoPac Securities - PR 9,993,000 10, SinoPac Securities - PS 16,405,000 5, SinoPac Securities - JQ 5,000,000 3, SinoPac Securities - JR 4,528,000 6, SinoPac Securities - JS 9,091,000 4, SinoPac Securities - JT 11,833,000 4, SinoPac Securities - JU 5,788,000 1, SinoPac Securities - JV 7,220,000 2, SinoPac Securities - JW 108, SinoPac Securities - JX 4,716,000 1, SinoPac Securities - JY 11,722,000 6, SinoPac Securities - JZ 9,058,000 4, SinoPac Securities - KA 9,344,000 6, SinoPac Securities - KB 4,969,000 3, SinoPac Securities - KC 6,040,000 2, SinoPac Securities - KD 9,673,000 6, SinoPac Securities - KE 4,844,000 3, SinoPac Securities - KF 9,105,000 4, SinoPac Securities - KG 9,875,000 8, SinoPac Securities - KH 6,698,000 2, SinoPac Securities - KI 8,777,000 3, SinoPac Securities - KJ 4,735,000 3, SinoPac Securities - KK 8,401,000 3, SinoPac Securities - KL 9,526,000 6, (Continued)

153 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - KM 17,461,000 $ 8,747 - $ - SinoPac Securities - KN 16,788,000 11, SinoPac Securities - PT 5,924,000 2, SinoPac Securities - PU 1,692, SinoPac Securities - PV 2,487,000 2, SinoPac Securities - PW 3,260,000 3, SinoPac Securities - KP 9,558,000 8, SinoPac Securities - KQ 4,936,000 6, SinoPac Securities - KR 3,803,000 3, SinoPac Securities - KS 8,323,000 4, SinoPac Securities - KT 4,580,000 9, SinoPac Securities - KU 9,645,000 3, SinoPac Securities - KV 9,117,000 8, SinoPac Securities - KW 8,423,000 5, SinoPac Securities - KX 14,199,000 4, SinoPac Securities - KY 7,790,000 3, SinoPac Securities - KZ 9,145,000 3, SinoPac Securities - LA 5,863, SinoPac Securities - LB 8,425,000 3, SinoPac Securities - LC 9,670,000 4, SinoPac Securities - LD 8,964,000 5, SinoPac Securities - LE 8,291,000 3, SinoPac Securities - LF 8,756,000 3, SinoPac Securities - LG 7,779,000 3, SinoPac Securities - LH 1,100, SinoPac Securities - LI 9,526,000 5, SinoPac Securities - LJ 4,898,000 4, SinoPac Securities - LK 9,425,000 7, SinoPac Securities - LL 12,164,000 9, SinoPac Securities - LM 5,567,000 2, SinoPac Securities - LN 4,802,000 3, SinoPac Securities - LP 6,471,000 1, SinoPac Securities - LQ 8,598,000 4, SinoPac Securities - PX 89, SinoPac Securities - LR 8,785,000 4, SinoPac Securities - LS 11,337,000 21, SinoPac Securities - LT 9,520,000 8, SinoPac Securities - LU 9,181,000 6, SinoPac Securities - LV 4,908,000 1, SinoPac Securities - LW 1,135, SinoPac Securities - LX 9,585,000 5, SinoPac Securities - LY 4,829,000 5, SinoPac Securities - LZ 5,000,000 2, SinoPac Securities - MA 5,681,000 5, SinoPac Securities - MB 6,612,000 4, SinoPac Securities - MC 6,855,000 2, SinoPac Securities - MD 9,082,000 4, SinoPac Securities - ME 9,978,000 4, (Continued)

154 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - MF 4,793,000 $ 4,517 - $ - SinoPac Securities - MG 7,393,000 6, SinoPac Securities - MH 6,402,000 1, SinoPac Securities - MI 17,771,000 8, SinoPac Securities - MJ 7,094,000 5, SinoPac Securities - MK 8,440,000 6, SinoPac Securities - ML 5,530,000 3, SinoPac Securities - MM 10,400,000 2, SinoPac Securities - MN 40, SinoPac Securities - MP 5,841,000 5, SinoPac Securities - MQ 9,666,000 3, SinoPac Securities - MR 6,191,000 3, SinoPac Securities - MS 9,751,000 5, SinoPac Securities - PY 9,377,000 5, SinoPac Securities - PZ 8,658,000 4, SinoPac Securities - QA 2,957,000 3, SinoPac Securities - QB 9,991,000 7, SinoPac Securities - QC 3,495,000 4, SinoPac Securities - QD 3,401,000 5, SinoPac Securities - QE 9,736,000 5, SinoPac Securities - QF 2,472,000 5, SinoPac Securities - QG 9,177,000 11, SinoPac Securities - MT 8,295,000 5, SinoPac Securities - MU 5,952,000 6, SinoPac Securities - MV 9,018,000 4, SinoPac Securities - MW 8,220,000 13, SinoPac Securities - MX 10,887,000 4, SinoPac Securities - MY 7,454,000 4, SinoPac Securities - MZ 9,457,000 7, SinoPac Securities - NA 9,859,000 7, SinoPac Securities - NB 9,846,000 3, SinoPac Securities - NC 4,964,000 3, SinoPac Securities - ND 4,080,000 1, SinoPac Securities - NE 9,285,000 7, SinoPac Securities - NF 9,468,000 4, SinoPac Securities - NG 4,983,000 3, SinoPac Securities - NH 8,787,000 7, SinoPac Securities - NI 9,981,000 5, SinoPac Securities - NJ 5,253,000 2, SinoPac Securities - NK 7,522,000 4, SinoPac Securities - NL 4,579,000 2, SinoPac Securities - NM 9,558,000 5, SinoPac Securities - NN 10,130,000 4, SinoPac Securities - NP 5,000,000 6, SinoPac Securities - NQ 4,392,000 1, SinoPac Securities - NR 7,800,000 2, SinoPac Securities - NS 9,796,000 3, SinoPac Securities - NT 1, (Continued)

155 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - NU 12,449,000 $ 8,375 - $ - SinoPac Securities - QH 7,806,000 14, SinoPac Securities - QJ 4,934,000 9, SinoPac Securities - QL 8,033,000 1, SinoPac Securities - QM 5,861,000 1, SinoPac Securities ,921,000 14, SinoPac Securities - NV 576, SinoPac Securities - NW 15,478,000 22, SinoPac Securities - NX 8,013,000 6, SinoPac Securities - NY 8,826,000 4, SinoPac Securities - NZ 12,850,000 8, SinoPac Securities - QN 4,947,000 3, SinoPac Securities - QP 6,827,000 5, SinoPac Securities - QQ 12,741,000 6, SinoPac Securities ,990,000 3, SinoPac Securities ,857,000 7, SinoPac Securities ,320,000 6, SinoPac Securities ,867, SinoPac Securities - QR 5,960,000 4, SinoPac Securities - QS 4,318,000 4, SinoPac Securities - QT 9,970,000 11, SinoPac Securities - QU 102, SinoPac Securities ,177,000 4, SinoPac Securities ,950,000 3, SinoPac Securities ,774,000 4, SinoPac Securities ,732,000 3, SinoPac Securities ,801,000 3, SinoPac Securities ,775,000 4, SinoPac Securities ,779,000 13, SinoPac Securities ,582,000 11, SinoPac Securities , SinoPac Securities ,301,000 1, SinoPac Securities ,740,000 4, SinoPac Securities ,214,000 6, SinoPac Securities ,941,000 3, SinoPac Securities ,357,000 5, SinoPac Securities ,810,000 5, SinoPac Securities - QV 9,578,000 6, SinoPac Securities - QW 4,397,000 1, SinoPac Securities - QX 543, SinoPac Securities - QY 2,213, SinoPac Securities - QZ 7,577,000 3, SinoPac Securities - RA 8,281,000 5, SinoPac Securities - RB 1,502,000 2, SinoPac Securities - RC 9,221,000 6, SinoPac Securities ,922,000 6, SinoPac Securities ,581,000 7, SinoPac Securities ,537,000 3, (Continued)

156 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities ,525,000 $ 4,775 - $ - SinoPac Securities ,578,000 9, SinoPac Securities ,093,000 7, SinoPac Securities ,736,000 10, SinoPac Securities ,925,000 3, SinoPac Securities ,683,000 13, SinoPac Securities ,047,000 6, SinoPac Securities ,841,000 6, SinoPac Securities ,904,000 11, SinoPac Securities ,588,000 4, SinoPac Securities ,225,000 5, SinoPac Securities ,110,000 5, SinoPac Securities ,657,000 5, SinoPac Securities ,702,000 3, SinoPac Securities ,283,000 8, SinoPac Securities , SinoPac Securities ,802,000 3, SinoPac Securities ,791,000 3, SinoPac Securities - RD 9,600,000 6, SinoPac Securities - RE 9,114,000 6, SinoPac Securities - RF 19,770,000 12, SinoPac Securities - RG 4,544,000 4, SinoPac Securities - RH 6,277,000 3, SinoPac Securities - RJ 15,536,000 10, SinoPac Securities - RK 15,713,000 8, SinoPac Securities - RL 19,630,000 12, SinoPac Securities - RM 2,908,000 2, SinoPac Securities - RN 15,880,000 9, SinoPac Securities - RP 18,618,000 12, SinoPac Securities - RQ 1,211, SinoPac Securities ,975,000 6, SinoPac Securities ,587,000 12, SinoPac Securities ,442,000 5, SinoPac Securities ,376,000 1, SinoPac Securities ,806,000 12, SinoPac Securities - RR 4,358,000 2, SinoPac Securities - RS 12,869,000 5, SinoPac Securities ,779,000 4, SinoPac Securities ,504,000 5, SinoPac Securities ,600,000 2, SinoPac Securities ,316,000 6, SinoPac Securities ,820,000 8, SinoPac Securities ,268,000 5, SinoPac Securities ,700,000 2, SinoPac Securities ,575,000 2, SinoPac Securities ,076,000 3, SinoPac Securities ,149,000 5, SinoPac Securities ,274,000 4, (Continued)

157 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities ,963,000 $ 4,123 - $ - SinoPac Securities ,568,000 6, SinoPac Securities ,040, SinoPac Securities ,755,000 1, SinoPac Securities ,456,000 9, SinoPac Securities - RT 7, SinoPac Securities - RU 17,305,000 17, SinoPac Securities - RV 5,711,000 3, SinoPac Securities - RW 9,607,000 6, SinoPac Securities - RX 6,939,000 4, SinoPac Securities - RY 5,498, SinoPac Securities - RZ 6,510,000 5, SinoPac Securities - SA 7,635,000 6, SinoPac Securities - SB 1,623, SinoPac Securities - SC 5,301,000 3, SinoPac Securities - SD 18,020,000 8, SinoPac Securities - SE 9,928,000 6, SinoPac Securities - SF 12,900,000 7, SinoPac Securities ,568,000 9, SinoPac Securities ,500,000 5, SinoPac Securities ,900,000 6, SinoPac Securities ,387,000 12, SinoPac Securities ,065,000 6, SinoPac Securities ,361,000 4, SinoPac Securities ,686,000 1, SinoPac Securities ,218,000 5, SinoPac Securities ,439,000 3, SinoPac Securities ,972,000 2, SinoPac Securities ,193,000 8, SinoPac Securities , SinoPac Securities - SG 2,099, SinoPac Securities - SH 16,623,000 11, SinoPac Securities - SJ 6,926,000 2, SinoPac Securities - SK 9,269,000 5, SinoPac Securities - SL 10,264,000 6, SinoPac Securities - SM 18,929,000 10, SinoPac Securities ,701,000 3, SinoPac Securities ,699,000 5, SinoPac Securities , SinoPac Securities ,334,000 7, SinoPac Securities ,461,000 6, SinoPac Securities ,517,000 7, SinoPac Securities ,060,000 5, SinoPac Securities ,790,000 4, SinoPac Securities ,599,000 4, SinoPac Securities ,385, SinoPac Securities ,978,000 3, SinoPac Securities ,465,000 6, (Continued)

158 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities ,578,000 $ 7,126 - $ - SinoPac Securities ,473,000 6, SinoPac Securities - SN 18,587,000 10, SinoPac Securities - SP 9,632,000 4, SinoPac Securities ,286,000 10, SinoPac Securities ,930,000 4, SinoPac Securities ,669,000 6, SinoPac Securities ,531,000 2, SinoPac Securities ,282,000 4, SinoPac Securities ,470,000 14, SinoPac Securities ,967,000 9, SinoPac Securities ,862,000 5, SinoPac Securities - SQ 10,923,000 7, SinoPac Securities - SR 4,968,000 3, SinoPac Securities - SS 6,990,000 5, SinoPac Securities - ST 7,082,000 3, SinoPac Securities - SU 8,070,000 4, SinoPac Securities - SV 1,138, SinoPac Securities - SW 3,679,000 4, SinoPac Securities - SX 13,267,000 6, SinoPac Securities - 1A 7,282,000 1, SinoPac Securities - 1B 3,804, SinoPac Securities ,924,000 5, SinoPac Securities ,526,000 6, SinoPac Securities ,064,000 5, SinoPac Securities - 1C 9,439,000 5, SinoPac Securities - 1D 13,614,000 8, SinoPac Securities - 1E 9,677,000 6, SinoPac Securities - 1F 9,604,000 5, SinoPac Securities - 1G 4,992,000 3, SinoPac Securities - 1H 14,974,000 9, SinoPac Securities - SY 9,393,000 4, SinoPac Securities - SZ 11,624,000 5, SinoPac Securities - TA 17,600,000 10, SinoPac Securities - 1J 9,284,000 5, SinoPac Securities - 1K 9,970,000 6, SinoPac Securities - 1L 9,843,000 6, SinoPac Securities - 1M 19,058,000 11, SinoPac Securities - 1N 11,183,000 5, SinoPac Securities - 1P 10,779,000 5, SinoPac Securities - 1Q 4,879,000 3, SinoPac Securities - 1R 9,953,000 5, SinoPac Securities - 1S 3,282,000 1, SinoPac Securities - 1T 202, SinoPac Securities - 1U 9,480,000 7, SinoPac Securities - 1V 8,408,000 4, SinoPac Securities - 1W 14,004,000 8, SinoPac Securities - 1X 9,577,000 3, (Continued)

159 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - TB 14,511,000 $ 9,630 - $ - SinoPac Securities - TC 18,539,000 12, SinoPac Securities - TD 7,063,000 3, SinoPac Securities - TE 18,314,000 9, SinoPac Securities - TF 14,744,000 9, SinoPac Securities - TG 6,642,000 4, SinoPac Securities - 1Y 1,711, SinoPac Securities - 1Z 4,925,000 3, SinoPac Securities - 2A 8,465,000 5, SinoPac Securities - 2B 7,672,000 1, SinoPac Securities - 2C 10,286,000 5, SinoPac Securities - 2D 4,960,000 4, SinoPac Securities - 2E 2,986, SinoPac Securities - 2F 8,525,000 8, SinoPac Securities - 2G 8,697,000 4, SinoPac Securities - 2H 8,553,000 5, SinoPac Securities - 2J 9,811,000 6, SinoPac Securities - 2K 8,806,000 5, SinoPac Securities - 2L 9,067,000 5, SinoPac Securities - 2M 8,743,000 4, SinoPac Securities - 2N 9,326,000 11, SinoPac Securities - 2P 17,375,000 9, SinoPac Securities - 2Q 10,995,000 7, SinoPac Securities - 2R 9,195,000 5, SinoPac Securities - 2S 21, SinoPac Securities - 2T 12,935,000 6, SinoPac Securities - 2U 464, SinoPac Securities - 2V 8,262,000 5, SinoPac Securities - 2W 9,722,000 6, SinoPac Securities - 2X 9,334,000 5, SinoPac Securities - 2Y 9,446,000 5, SinoPac Securities - 2Z 9,590,000 5, SinoPac Securities - 3A 4,776,000 2, SinoPac Securities - 3B 8,266,000 5, SinoPac Securities - 3C 9,572,000 5, SinoPac Securities - 3D 8,724,000 5, SinoPac Securities - 3E 8,183,000 4, SinoPac Securities - 3F 6,854,000 2, SinoPac Securities - 3G 9,567,000 5, SinoPac Securities - 3H 7,783,000 3, SinoPac Securities - 3J 9,223,000 5, SinoPac Securities - 3K 9,890,000 5, SinoPac Securities - 3L 9,517,000 6, SinoPac Securities - 3M 7,676,000 4, SinoPac Securities - 3N 9,593,000 5, SinoPac Securities - 3P 8,981,000 4, SinoPac Securities - 3Q 8,902,000 4, SinoPac Securities - 3R 6,708,000 3, (Continued)

160 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - TH 7,906,000 $ 5,053 - $ - SinoPac Securities - TJ 1,693, SinoPac Securities - TK 8,108,000 4, SinoPac Securities - TL 8,080,000 4, SinoPac Securities - TM 2,599,000 1, SinoPac Securities - TN 8,965,000 6, SinoPac Securities - TP 7,148,000 5, SinoPac Securities - TQ 5,692,000 3, SinoPac Securities - TR 7,899,000 4, SinoPac Securities - TS 8,518,000 4, SinoPac Securities - TT 10,336,000 6, SinoPac Securities - TU 8,861,000 4, SinoPac Securities - TV 14,635,000 8, SinoPac Securities - TW 4,149,000 1, SinoPac Securities - TX 1,474,000 4, SinoPac Securities - 3S 9,032,000 4, SinoPac Securities - 3T 10,745,000 6, SinoPac Securities - TY 5,946,000 2, SinoPac Securities - TZ 11,469,000 9, SinoPac Securities - UA 12,389,000 7, SinoPac Securities - UB 4,995,000 3, SinoPac Securities - 3U 9,588,000 6, SinoPac Securities - 3V 4,786,000 8, SinoPac Securities - 3W 4,890,000 2, SinoPac Securities - 3X 9,105,000 7, SinoPac Securities - 3Y 9,664,000 6, SinoPac Securities - 3Z 13,703,000 7, SinoPac Securities - 4A 10,154,000 6, SinoPac Securities - 4B 9,990,000 8, SinoPac Securities - 4C 12,740,000 8, SinoPac Securities - 4D 10,226,000 5, SinoPac Securities - 4E 18,143,000 12, SinoPac Securities - 4F 7,487,000 5, SinoPac Securities - 4G 7,376,000 4, SinoPac Securities - 4H 9,854,000 5, SinoPac Securities - 4J 9,862,000 6, SinoPac Securities - 4K 19,041,000 12, SinoPac Securities - 4L 36, SinoPac Securities - 4M 9,998,000 6, SinoPac Securities - 4N 4,028,000 1, SinoPac Securities - 4P 8,847,000 5, SinoPac Securities - UC 9,406,000 6, SinoPac Securities - UD 5,970,000 3, SinoPac Securities - UE 9,468,000 7, SinoPac Securities - UF 10,938,000 6, SinoPac Securities - UG 16,772,000 10, SinoPac Securities - 4Q 7,482,000 5, SinoPac Securities - 4R 9,493,000 6, (Continued)

161 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - 4S 4,722,000 $ 3,994 - $ - SinoPac Securities - 4T 14,553,000 9, SinoPac Securities - 4U 10,000,000 9, SinoPac Securities - 4V 9,764,000 8, SinoPac Securities - 4W 8,812,000 7, SinoPac Securities - UH 8,756,000 7, SinoPac Securities - UJ 41, SinoPac Securities - UK 5,075,000 3, SinoPac Securities - 4X 7,926,000 7, SinoPac Securities - 4Y 16,236,000 12, SinoPac Securities - 4Z 9,990,000 7, SinoPac Securities - UL 10,115,000 11, SinoPac Securities - UM 11,730,000 7, SinoPac Securities - UN 3,220,000 7, SinoPac Securities - 5A 4,688,000 4, SinoPac Securities - 5B 7,889,000 4, SinoPac Securities - 5C 9,902,000 5, SinoPac Securities - 5D 4,921,000 5, SinoPac Securities - 5E 11,691,000 8, SinoPac Securities - 5F 7,913,000 6, SinoPac Securities - 5G 10,891,000 7, SinoPac Securities - 5H 19,666,000 14, SinoPac Securities - 5J 3,585, SinoPac Securities - 5K 4,653,000 4, SinoPac Securities - 5L 9,440,000 6, SinoPac Securities - 5M 8,798,000 5, SinoPac Securities - 5N 7,199,000 4, SinoPac Securities - 5P 7,323,000 4, SinoPac Securities - 5Q 9,242,000 5, SinoPac Securities - 5R 9,512,000 5, SinoPac Securities - 5S 10,594,000 8, SinoPac Securities - 5T 9,210,000 4, SinoPac Securities - 5U 9,643,000 6, SinoPac Securities - 5V 9,850,000 8, SinoPac Securities - 5W 6,337,000 6, SinoPac Securities - 5X 8,492,000 5, SinoPac Securities - 5Y 9,809,000 7, SinoPac Securities - 5Z 28,047,000 17, SinoPac Securities - UP 4,147,000 1, SinoPac Securities - 6A 9,964,000 6, SinoPac Securities - 6B 10,124,000 4, SinoPac Securities - 6C 14,985,000 14, SinoPac Securities - 6D 9,170,000 6, SinoPac Securities - 6E 7,449,000 5, SinoPac Securities - UQ 9,774,000 6, SinoPac Securities - UR 17,534,000 9, SinoPac Securities - US 19,645,000 12, SinoPac Securities - UT 9,568,000 8, (Continued)

162 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - UU 9,570,000 $ 7,272 - $ - SinoPac Securities - UV 13,412,000 8, SinoPac Securities - UW 11,766,000 8, SinoPac Securities - UX 7,869,000 7, SinoPac Securities - UY 7,402,000 5, SinoPac Securities - 6F 13,918,000 9, SinoPac Securities - 6G 9,173,000 6, SinoPac Securities - 6H 13,465,000 8, SinoPac Securities - 6J 14,911,000 9, SinoPac Securities - 6K 13,092,000 11, SinoPac Securities - 6L 9,823,000 6, SinoPac Securities - UZ 14,295,000 8, SinoPac Securities - VA 19,150,000 12, SinoPac Securities - VB 13,009,000 11, SinoPac Securities - 6M 9,154,000 6, SinoPac Securities - 6N 14,815,000 12, SinoPac Securities - 6P 19,500,000 12, SinoPac Securities - 6Q 19,451,000 13, SinoPac Securities - 6R 7,460,000 5, SinoPac Securities - 6S 11,480,000 7, SinoPac Securities - 6T 7,820,000 5, SinoPac Securities - 6U 9,830,000 7, SinoPac Securities - 6V 9,095,000 5, SinoPac Securities - 6W 15,049,000 8, SinoPac Securities - 6X 9,947,000 9, SinoPac Securities - 6Y 9,102,000 6, SinoPac Securities - 6Z 11,823,000 12, SinoPac Securities - 7A 8,903,000 5, SinoPac Securities - 7B 9,441,000 5, SinoPac Securities - 7C 9,204,000 4, SinoPac Securities - 7D 18,838,000 17, SinoPac Securities - 7E 11,910,000 9, SinoPac Securities - 7F 10,796,000 6, SinoPac Securities - VC 11,432,000 10, SinoPac Securities - VD 7,925,000 4, SinoPac Securities - VE 8,578,000 7, SinoPac Securities - 7G 9,751,000 6, SinoPac Securities - 7H 9,925,000 6, SinoPac Securities - 7J 14,744,000 9, SinoPac Securities - 7K 11,514,000 8, SinoPac Securities - 7L 8,086,000 5, SinoPac Securities - 7M 13,677,000 10, SinoPac Securities - VF 5,503,000 3, SinoPac Securities - VG 19,379,000 14, SinoPac Securities - VH 19,198,000 12, SinoPac Securities - 7N 9,358,000 6, SinoPac Securities - 7P 9,245,000 5, SinoPac Securities - 7Q 11,898,000 9, (Continued)

163 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - 7R 14,987,000 $ 10,936 - $ - SinoPac Securities - VJ 19,755,000 13, SinoPac Securities - 7S 18,486,000 11, SinoPac Securities - 7T 8,731,000 5, SinoPac Securities - 7U 11,940,000 7, SinoPac Securities - 7V 8,127,000 5, SinoPac Securities - 7W 18,491,000 14, SinoPac Securities - 7X 9,770,000 5, SinoPac Securities - 7Y 25,455,000 20, SinoPac Securities - 7Z 14,682,000 9, SinoPac Securities - 8A 9,147,000 5, SinoPac Securities - 8B 11,856,000 7, SinoPac Securities - 8C 14,813,000 10, SinoPac Securities - 8D 19,920,000 13, SinoPac Securities - 8E 4,819,000 3, SinoPac Securities - 8F 19,826,000 13, SinoPac Securities - 8G 18,658,000 11, SinoPac Securities - 8H 17,107,000 14, SinoPac Securities - 8J 17,811,000 12, SinoPac Securities - 8K 17,342,000 12, SinoPac Securities - VK 18,956,000 15, SinoPac Securities - VL 7,453,000 4, SinoPac Securities - VM 19,529,000 12, SinoPac Securities - VN 7,664,000 5, SinoPac Securities - VP 13,705,000 10, SinoPac Securities - VQ 18,220,000 14, SinoPac Securities - 8L 9,719,000 5, SinoPac Securities - 8M 8,662,000 7, SinoPac Securities - 8N 9,662,000 8, SinoPac Securities - 8P 9,162,000 5, SinoPac Securities - 8Q 9,331,000 5, SinoPac Securities - 8R 9,063,000 6, SinoPac Securities - 8S 12,188,000 17, SinoPac Securities - 8T 9,548,000 7, SinoPac Securities - 8U 9,432,000 6, SinoPac Securities - 8V 11,455,000 8, SinoPac Securities - 8W 9,520,000 8, SinoPac Securities - 8X 11,916,000 7, SinoPac Securities - 8Y 11,895,000 7, SinoPac Securities - 8Z 11,790,000 8, SinoPac Securities - 9A 19,612,000 15, SinoPac Securities - 9B 9,945,000 6, SinoPac Securities - 9C 9,929,000 7, SinoPac Securities - 9D 19,235,000 13, SinoPac Securities - 9E 14,599,000 11, SinoPac Securities - 9F 13,280,000 9, SinoPac Securities - 9G 9,467,000 6, SinoPac Securities - 9H 19,900,000 15, (Continued)

164 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - VR 19,838,000 $ 13,224 - $ - SinoPac Securities - VS 11,076,000 7, SinoPac Securities - VT 247, SinoPac Securities - VU 19,018,000 12, SinoPac Securities - 9J 19,999,000 14, SinoPac Securities - 9K 9,561,000 6, SinoPac Securities - 9L 11,707,000 8, SinoPac Securities - 9M 11,890,000 8, SinoPac Securities - 9N 11,645,000 8, SinoPac Securities - 9P 14,632,000 11, SinoPac Securities - 9Q 11,959,000 9, SinoPac Securities - 9R 10,804,000 7, SinoPac Securities - 9S 8,175,000 4, SinoPac Securities - VV 19,410,000 13, SinoPac Securities - VW 11,067,000 8, SinoPac Securities - 9T 8,924,000 6, SinoPac Securities - 9U 11,801,000 11, SinoPac Securities - 9V 10,912,000 11, SinoPac Securities - 9W 9,816,000 9, SinoPac Securities - 9X 14,763,000 11, SinoPac Securities - 9Y 11,858,000 9, SinoPac Securities - 9Z 13,974,000 10, SinoPac Securities - A1 12,000,000 8, SinoPac Securities - A2 9,925,000 6, SinoPac Securities - A3 17,982,000 11, SinoPac Securities - A4 19,607,000 18, SinoPac Securities - A5 13,769,000 10, SinoPac Securities - A6 11,842,000 8, SinoPac Securities - A7 14,532,000 12, SinoPac Securities - VX 2,945,000 2, SinoPac Securities - VY 7,085,000 4, SinoPac Securities - VZ 14,628,000 12, SinoPac Securities - A8 8,514,000 6, SinoPac Securities - A9 9,891,000 8, SinoPac Securities - B1 9,880,000 6, SinoPac Securities - B2 9,170,000 6, SinoPac Securities - B3 9,950,000 7, SinoPac Securities - B4 227, SinoPac Securities - B5 15,439,000 11, SinoPac Securities - B6 9,537,000 7, SinoPac Securities - B7 18,467,000 13, SinoPac Securities - B8 9,723,000 6, SinoPac Securities - B9 8,614,000 8, SinoPac Securities - WA 6,075,000 3, SinoPac Securities - WB 9,515,000 7, SinoPac Securities - WC 18,251,000 14, SinoPac Securities - C1 9,113,000 6, SinoPac Securities - C2 14,919,000 14, (Continued)

165 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - C3 10,000,000 $ 6,301 - $ - SinoPac Securities - C4 7,860,000 5, SinoPac Securities - C5 8,897,000 6, SinoPac Securities - C6 10,805,000 9, SinoPac Securities - WD 19,006,000 15, SinoPac Securities - WE 9,899,000 6, SinoPac Securities - WF 10,977,000 10, SinoPac Securities - WG 9,745,000 7, SinoPac Securities - WH 18,646,000 12, SinoPac Securities - C7 7,955,000 6, SinoPac Securities - C8 9,960,000 8, SinoPac Securities - C9 19,920,000 13, SinoPac Securities - D1 9,815,000 6, SinoPac Securities - D2 9,914,000 8, SinoPac Securities - D3 19,510,000 12, SinoPac Securities - D4 11,900,000 9, SinoPac Securities - D5 11,457,000 8, SinoPac Securities - D6 10,612,000 7, SinoPac Securities - D7 6,146,000 4, SinoPac Securities - D8 9,691,000 6, SinoPac Securities - D9 9,998,000 7, SinoPac Securities - E1 9,711,000 6, SinoPac Securities - E2 9,984,000 7, SinoPac Securities - E3 9,319,000 7, SinoPac Securities - E4 9,443,000 7, SinoPac Securities - E5 27,662,000 17, SinoPac Securities - E6 8,712,000 6, SinoPac Securities - E7 9,763,000 8, SinoPac Securities - E8 8,898,000 7, SinoPac Securities - E9 14,106,000 9, SinoPac Securities - F1 11,073,000 7, SinoPac Securities - F2 6,101,000 7, SinoPac Securities - F3 9,818,000 7, SinoPac Securities - F4 8,837,000 6, SinoPac Securities - F5 25,542,000 17, SinoPac Securities - WI 5,311,000 4, SinoPac Securities - WJ 11,540,000 8, SinoPac Securities - WK 14,133,000 10, SinoPac Securities - WL 19,955,000 14, SinoPac Securities - WM 17,219,000 14, SinoPac Securities - WN 8,566,000 5, SinoPac Securities - F6 7,708,000 5, SinoPac Securities - F7 11,362,000 7, SinoPac Securities - F8 11,480,000 10, SinoPac Securities - F9 29,840,000 19, SinoPac Securities - G1 12,978,000 16, SinoPac Securities - G2 9,617,000 6, SinoPac Securities - G3 7,737,000 4, (Continued)

166 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - G4 8,319,000 $ 5,819 - $ - SinoPac Securities - G5 7,880,000 6, SinoPac Securities - G6 10,193,000 8, SinoPac Securities - WP 14,961,000 14, SinoPac Securities - WQ 11,955,000 8, SinoPac Securities - WR 19,903,000 14, SinoPac Securities - WS 10,692,000 6, SinoPac Securities - G7 11,074,000 7, SinoPac Securities - G8 8,670,000 8, SinoPac Securities - G9 12,986,000 10, SinoPac Securities - H1 7,347,000 5, SinoPac Securities - H2 14,979,000 13, SinoPac Securities - H3 9,461,000 6, SinoPac Securities - H4 11,401,000 8, SinoPac Securities - H5 9,727,000 7, SinoPac Securities - H6 9,910,000 8, SinoPac Securities - H7 19,824,000 17, SinoPac Securities - H8 24,269,000 16, SinoPac Securities - H9 9,785,000 6, SinoPac Securities - I1 9,358,000 6, SinoPac Securities - I2 27,539,000 20, SinoPac Securities - I3 9,304,000 7, SinoPac Securities - I4 8,405,000 6, SinoPac Securities - I5 11,901,000 9, SinoPac Securities - I6 9,876,000 7, SinoPac Securities - I7 11,568,000 8, SinoPac Securities - I8 16,204,000 10, SinoPac Securities - I9 8,761,000 6, SinoPac Securities - J1 9,848,000 8, SinoPac Securities - J2 9,825,000 7, SinoPac Securities - J3 15,132,000 11, SinoPac Securities - J4 9,844,000 8, SinoPac Securities - J5 12,000,000 8, SinoPac Securities - WT 8,392,000 6, SinoPac Securities - WU 19,984,000 14, SinoPac Securities - WV 19,376,000 17, SinoPac Securities - WW 14,779,000 10, SinoPac Securities - J6 9,533,000 7, SinoPac Securities - J7 9,910,000 7, SinoPac Securities - J8 29,818,000 20, SinoPac Securities - J9 9,814,000 6, SinoPac Securities - K1 8,099,000 6, SinoPac Securities - K2 19,940,000 18, SinoPac Securities - K3 9,975,000 8, SinoPac Securities - K4 8,988,000 6, SinoPac Securities - K5 9,968,000 7, SinoPac Securities - K6 13,078,000 11, SinoPac Securities - K7 8,563,000 7, (Continued)

167 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - K8 11,679,000 $ 7,818 - $ - SinoPac Securities - WX 14,008,000 12, SinoPac Securities - WY 14,688,000 12, SinoPac Securities - WZ 14,933,000 16, SinoPac Securities - XA 11,829,000 10, SinoPac Securities - XB 9,627,000 6, SinoPac Securities - XC 19,907,000 14, SinoPac Securities - XD 18,088,000 11, SinoPac Securities - XE 7,364,000 5, SinoPac Securities - K9 11,762,000 8, SinoPac Securities - XF 4,940,000 3, SinoPac Securities - XG 6,367,000 5, SinoPac Securities - XH 14,339,000 10, SinoPac Securities - XI 14,304,000 15, SinoPac Securities - XJ 9,959,000 6, SinoPac Securities - XK 11,978,000 9, SinoPac Securities - XL 11,521,000 8, SinoPac Securities - XM 9,983,000 8, SinoPac Securities - Y1 9,807,000 7, SinoPac Securities - Y2 11,878,000 8, SinoPac Securities - Y3 9,395,000 6, SinoPac Securities - Y4 9,779,000 6, SinoPac Securities - Y5 9,503,000 7, SinoPac Securities - Y6 9,432,000 6, SinoPac Securities - Y7 19,793,000 13, SinoPac Securities - Y8 10,486,000 7, SinoPac Securities - Y9 16,600,000 12, SinoPac Securities - Z1 3,785,000 5, SinoPac Securities - Z2 27,547,000 19, SinoPac Securities - YA 10,000,000 7, SinoPac Securities - Z3 9,818,000 7, SinoPac Securities - Z4 9,978,000 6, SinoPac Securities - Z5 9,492,000 6, SinoPac Securities - Z6 17,749,000 12, SinoPac Securities - Z7 7,007,000 6, SinoPac Securities - Z8 11,934,000 8, SinoPac Securities - Z9 11,838,000 7, SinoPac Securities - XN 12,000,000 9, SinoPac Securities - XP 9,837,000 7, SinoPac Securities - XQ 9,975,000 6, SinoPac Securities - XR 19,850,000 13, SinoPac Securities - XS 13,020,000 9, SinoPac Securities - XT 20,000,000 14, SinoPac Securities - XU 10,631,000 8, SinoPac Securities - YB 9,213,000 7, SinoPac Securities - YC 11,736,000 7, SinoPac Securities - YD 29,470,000 18, SinoPac Securities - YE 11,796,000 7, (Continued)

168 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - YF 9,830,000 $ 7,944 - $ - SinoPac Securities - YG 9,990,000 6, SinoPac Securities - YH 13,281,000 9, SinoPac Securities - YI 11,995,000 8, SinoPac Securities - YJ 11,673,000 9, SinoPac Securities - XV 19,850,000 16, SinoPac Securities - XW 18,764,000 12, SinoPac Securities - XX 10,326,000 7, SinoPac Securities - XY 4,931,000 3, SinoPac Securities - YK 11,932,000 8, SinoPac Securities - YL 10,000,000 7, SinoPac Securities - YM 11,586,000 8, SinoPac Securities - YN 9,989,000 8, SinoPac Securities - YP 19,888,000 15, SinoPac Securities - YQ 9,892,000 10, SinoPac Securities - YR 15,000,000 11, SinoPac Securities - YS 9,891,000 8, SinoPac Securities - YT 19,995,000 17, SinoPac Securities - YU 9,845,000 8, SinoPac Securities - YV 20,000,000 13, SinoPac Securities - YW 8,612,000 6, SinoPac Securities - YX 9,436,000 5, SinoPac Securities - YY 29,940,000 20, SinoPac Securities - YZ 9,984,000 6, SinoPac Securities - ZA 7,207,000 5, SinoPac Securities - ZB 20,000,000 14, SinoPac Securities - ZC 10,000,000 6, SinoPac Securities - ZD 19,592,000 15, SinoPac Securities - ZE 11,070,000 9, SinoPac Securities - P1 10,000,000 6, SinoPac Securities - P2 11,990,000 8, SinoPac Securities - P3 19,869,000 14, SinoPac Securities - P4 10,000,000 7, SinoPac Securities - P5 9,844,000 6, SinoPac Securities - P6 19,881,000 13, SinoPac Securities - P7 15,000,000 12, SinoPac Securities - P8 20,000,000 12, SinoPac Securities - P9 12,000,000 9, SinoPac Securities - Q1 13,680,000 9, SinoPac Securities - Q2 14,200,000 9, SinoPac Securities - Q3 5,015,000 3, SinoPac Securities - XZ 9,582,000 6, SinoPac Securities - ZF 9,865,000 6, SinoPac Securities - ZG 14,815,000 11, SinoPac Securities - ZH 9,821,000 6, SinoPac Securities - ZI 19,951,000 13, SinoPac Securities - ZJ 14,854,000 10, SinoPac Securities - ZK 10,000,000 6, (Continued)

169 December 31 Units Units Repurchased Amount Repurchased Amount SinoPac Securities - ZL 9,899,000 $ 7,424 - $ - SinoPac Securities - ZM 19,878,000 13, SinoPac Securities - ZN 14,950,000 10, SinoPac Securities - ZP 13,238,000 10, SinoPac Securities - ZQ 13,655,000 10, SinoPac Securities - ZR 9,990,000 6, SinoPac Securities - ZS 9,999,000 7, SinoPac Securities - ZT 14,940,000 10, SinoPac Securities - ZU 28,368,000 23, ,929,328 5,823,896 Less: Losses on change in market value of warrant liabilities (475,917) (486,608) Market value $ 6,453,411 $ 5,337,288 The market values of warrants repurchased were calculated at their closing prices on December 31, 2010 and Gains (losses) on warrants Gains on warrants issued for the years ended December 31, 2010 and 2009 were $609,495 and $19,731, respectively. Related details are as follows: Years Ended December 31 Gains (losses) on changes in market values of warrant liabilities $ 7,515,810 $ (1,782,484) Gains from the exercise of warrants before maturity 459 9,972 Gains (losses) on changes in market values of warrants repurchased - realized (6,430,857) 2,278,851 Losses on changes in market values of warrants repurchased - unrealized (475,917) (486,608) Interest rate swap $ 609,495 $ 19, The objective of engaging in interest rate swap transactions and strategies to achieve this objective: SinoPac Securities entered into interest rate swap transactions to profit from short-term fluctuations of interest rates. 2. The outstanding IRS contracts were as follows: December 31 Nominal Fair Nominal Fair Amount Value Amount Value For trading purposes $ 168,445,000 $ (3,362) $ 133,460,000 $ (15,835) (Continued)

170 Fair value is the present value of future interest income and expense discounted at the yield rate. The fair values of outstanding IRS contracts as of December 31, 2010 were recognized as derivative financial assets and liabilities at $1,159,090 and $1,225,535, respectively, and IRS contracts as of December 31, 2009 were recognized as derivative financial assets and liabilities at $1,439,218 and $1,501,638, respectively. 3. For the years ended December 31, 2010 and 2009, SinoPac Securities recognized losses of $15,608 and gains of $2,884, respectively, from interest rate swap transactions. Currency rate swaps 1. The objective of engaging in currency rate swaps transactions and strategies to achieve this objective: SinoPac Securities entered into contracts to deploy fund and hedge exchange rate risk by using different currency funds interchangeably. 2. The outstanding FXS contracts were as follows: (December 31, 2009: None) Nominal Long Position December 31, 2010 Nominal Short Position Fair Value For trading purposes US$ 600 NT$ 17,531 $ 690 NT$ 18,030 US$ 600 (191) NT$ 17,520 US$ 600 (700) Fair value is using the FXS exchange rate revealed by the corporation and the individual FXS forward exchange rate on maturity to calculate each swap s fair value. As of December 31, 2010, assets and liabilities from financial derivatives that the corporation produced through FXS engagement amounted to $690 and $891, respectively. 3. For the years ended December 31, 2010, SinoPac Securities recognized losses of $566 from exchange rate derivative transactions. (For the years ended December 31, 2009: None) Asset swap transactions - convertible bonds 1. The objective of convertible bond swap transactions and strategies to achieve this objective: Convertible bond swap transactions have three types: Fixed income, short call options and combination of both types. In fixed income transactions, SinoPac Securities and its subsidiaries sold convertible bonds, which were acquired from dealing or underwriting transactions, to counter-parties. The selling price received was taken as a nominal amount. During the contract term, SinoPac Securities and its subsidiaries took the pre-agreed interest rate in exchange for the coupon rate and the interest compensation on the convertible bonds with counter-parties. It also acquired the right to purchase the convertible bonds from the counter-parties anytime before the expiration date of the contract. In short call options transactions, SinoPac Securities and its subsidiaries sold call options, and the underlying securities which were acquired from dealing or underwriting transactions, to counter-parties. It were acquired the right to purchase the convertible bonds by the counter-parties anytime before the expiration date of the contract. (Continued)

171 SinoPac Securities and its subsidiaries engaged in these transactions to diversify its financial instruments, to lower the capital pressure from underwriting convertible bonds, to reinforce its capability in underwriting convertible bonds, reduce risks, and to enliven the second market for convertible bonds. 2. The outstanding convertible bond swap transactions were as follows: a. Fixed income transactions December 31, 2010 Nominal Premiums Paid Fair Amount (Received) Value Interest rate swap $ 180,000 $ - $ (6,274) Long call option on convertible bonds - 19,280 12,120 b. Option- short position 2,560,168 (263,142) (371,429) a. Fixed income transactions December 31, 2009 Nominal Premiums Paid Fair Amount (Received) Value Interest rate swap $ 285,000 $ - $ (21,937) Long call option on convertible bonds - 42,357 54,554 b. Option- short position 1,606,898 (190,034) (276,949) The fair value is computed using the model approved by the ROC OTC. The parameters used in the model (convertible bond market prices, underlying stock prices, interest rates, etc.) are public market information, thus, the possibility of a risk-free arbitrage opportunity is minimal. The fair values of interest rate swap of fixed income convertible bonds swap transactions as of December 31, 2010 and 2009 were recognized as derivative financial liabilities at $6,274 and $21,937, respectively. 3. Losses from convertible bond swap transactions For the years ended December 31, 2010 and 2009, marking to market of convertible bond swap transactions held by SinoPac Securities and its subsidiaries resulted in losses of $117,430 and $78,863, respectively. Structured note transactions 1. The objective of engaging in structured note transactions and strategies to achieve this objective: There are two types of structured note transactions authorized by the OTC market: Principal-guaranteed note transactions and equity-linked note transactions. SinoPac securities and its subsidiaries sign the contract with the counter-parties, receives all (principal-guaranteed note transaction) or part (equity-linked note transaction) of the contract price and settles the contract with cash on the expiration date according to the return on the underlying assets. In substance, the transactions include buying or selling of fixed-income instruments and rewards-linked options on the underlying assets. SinoPac Securities and its subsidiaries engaged in these transactions to diversify its financial instruments, to increase profits, to enhance its hedging methods, and to raise profitability. (Continued)

172 2. For the year ended December 31, 2009: None. December 31, 2010 Nominal Premiums Paid Fair Amount (Received) Value Equity-linked note transactions $ 58,019 $ (57,197) $ (57,212) 3. Losses from structured note transactions For the year ended December 31, 2010, SinoPac Securities and its subsidiaries recognized losses of $166, from structured note transactions. (For the year ended December 31, 2009: None) Forward exchange contracts 1. The objective of using forward exchange contracts and related strategies to achieve the objective: SinoPac Securities and its subsidiaries entered into forward exchange contracts to earn the difference between remitting out and in by judging the exchange rate and manage exposures due to exchange rate fluctuations. 2. As of December 31, 2010 and 2009, unexpired forward exchange contracts are as follows. Transaction Maturity Dates US for NT Purchased US$4,000/Sold NT$123,440 US for NT Purchased US$2,000/Sold NT$61,210 US for NT Purchased US$2,000/Sold NT$59,690 US for NT Purchased US$4,000/Sold NT$116,676 US for NT Purchased US$4,000/Sold NT$116,000 US for NT Sold US$2,000/Purchased NT$61,482 US for NT Sold US$2,000/Purchased NT$59,720 US for NT Sold US$4,000/Purchased NT$123, Gains (losses) from forward exchanges contracts For the year ended December 31, 2010, gains from forward exchange contract (recognized as gains from derivative transactions) of the subsidiaries of SinoPac Securities were $14,268. (For the year ended December 31, 2009: None) Bond option transactions 1. The objective of engaging in bond option transactions and strategies to achieve this objective: Bond option transactions is a contract, an option buyer pays a premium in exchange for obtaining a right of call option or put option to buy or sell a specified quantity of a certain underlying bond under specified trading terms, which cover price and the purchase period. On the other hand, the option seller should fulfill his/her duties based on the option contract when the option buyer exercises the right. The bond option contract is settled on the physical delivery of the underlying bonds. SinoPac Securities engages in bond option transactions option for trading purposes to diversify its financial instruments and to maximize its bond positions. (Continued)

173 2. As of December 31, 2010 and 2009, there were no outstanding bond option transactions. 3. Gains from bond option transactions For the years ended December 31, 2010 and 2009, gains of $1,714 and $478, respectively, from bond option transactions were recognized. Convertible bond option transactions 1. The subsidiaries of SinoPac Securities engaged in convertible bond option transactions to diversity its financial instruments, to increase profits, disperse investment objective and increase the stability of increasing profits. 2. There were no outstanding convertible bond option transactions, as of December 31, 2010 and 2009, 3. Gains (losses) from convertible bond option transactions For the years ended December 31, 2010 and 2009, gains of $332 and losses of $352, respectively, from convertible bond option transactions was recognized. Credit-linked notes 1. The objective of credit-linked notes and strategies to achieve the objective: The subsidiaries of SinoPac Securities engaged in these transactions to diversify its financial instruments, to increase profits, to enhance its hedging methods, and to raise profitability. 2. As of December 31, 2010 and 2009, there were no unexpired outstanding credit-link notes. 3. Gains from credit-link notes. For the year ended December 31, 2010, gains from credit-link note (recognized as gains from derivative transactions) of the subsidiaries of SinoPac Securities were $2,975 (for the year ended December 31, 2009: None). (Concluded)

174 TABLE 8-4 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES STATEMENTS OF AVAILABLE-FOR-SALE FINANCIAL ASSETS DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) December 31 Government bonds $ 14,228,089 $ 18,445,807 Bank debentures 6,350,107 2,023,712 Corporate bonds 6,313,989 6,068,499 GSE debentures 5,018,094 6,916,249 Commercial paper 4,794,788 3,539,893 Government institutional bonds 591,497 1,358,029 Negotiable certificate of deposit 590,455 - Listed stocks 379, ,362 Beneficiary certificates 158,031 80,432 Collateralized mortgage obligation 92, ,145 Collateralized debt obligation - 1,156,319 38,517,567 40,127,447 Less: Accumulated impairment - 1,156,319 $ 38,517,567 $ 38,971,

175 TABLE 8-5 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES STATEMENT OF HELD-TO-MATURITY FINANCIAL ASSETS DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) December 31 Negotiable certificates of deposit $ 197,760,761 $ 122,210,150 Corporate bonds 840, ,339 GSE debentures 839,296 1,192,978 Municipal bonds 642, ,721 Government bonds 293, ,299 Bank debentures 100,029 82,615 Floating rate notes 75, ,937 Collateralized debt obligations 13, , ,564, ,840,942 Less: Accumulated impairment - 16,015 $ 200,564,991 $ 125,824,

176 TABLE 8-6 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES STATEMENT OF OTHER FINANCIAL ASSETS, NET DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) December 31 Unquoted equity instruments Unlisted equity investments $ 3,255,740 $ 3,145,533 Emerging stocks 695, ,523 Beneficiary certificates 541, ,968 4,492,859 4,333,024 Non-active market debt instruments Collateralized debt obligation 80,809 96,090 Mortgage backed securities 1,257 4,396 Structured investment vehicle - 320,300 82, ,786 Less: Accumulated impairment - 320,300 82, ,486 Others Customers margin account 7,869,948 6,521,018 Long-term lease receivables 5,296,504 5,277,853 Purchase of instruments issued by PEM Group 3,881,214 3,646,894 Guarantee deposits 2,284,962 2,431,455 Cash surrender - officer life insurance 1,129,944 1,195,457 Security borrowing margin 1,073,535 - Clearing and settlement fund 479, ,808 Pledged deposits 396, ,730 Nonperforming receivable transferred from other than loans 207,292 1,333,822 Excess margin 158, ,837 Hedging derivative financial instruments 128, ,093 Others 90,971 70,272 22,996,894 22,286,239 Less: Accumulated impairment 2,301,151 - Allowance for credit losses 304,719 1,051,441 20,391,024 21,234,798 $ 24,965,949 $ 25,668,

177 TABLE 8-7 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES STATEMENT OF BANK DEBENTURES DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) Dominant bank debentures December 31 Maturity Date Terms Eighth dominant bank debentures issued in 2004 Fifteenth dominant bank debentures issued in 2004 Fifth dominant bank debentures issued in 2003 Twelfth dominant bank debentures issued in 2004 Fourteenth dominant bank debentures issued in 2004 $ 516,284 $ 517, Principal is repayable on maturity date. 515, , Principal is repayable on maturity date. - 1,029, Principal is repayable on maturity date , Principal is repayable on maturity date , Principal is repayable on maturity date. Dominant bank debentures 1,031,702 3,098,150 Floating rate. Interest is paid semiannually with simple interest based on actual days. Floating rate. Interest is paid semiannually. Floating rate. Interest is paid semiannually. Floating rate. Interest is paid semiannually with simple interest based on actual days. Floating rate. Interest is paid semiannually. Subdominant bank debentures First subordinated bank debentures issued in 2005 First subordinated bank debentures issued in 2008 Second subordinated bank debentures issued in 2008 (A) Second subordinated bank debentures issued in 2008 (B) Third subordinated bank debentures issued in 2008 First subordinated bank debentures issued in 2009 Second subordinated bank debentures issued in 2009 (A) Second subordinated bank debentures issued in 2009 (B) First subordinated bank debentures issued in 2010(A) First subordinated bank debentures issued in 2010(B) 3,000,000 3,000, Principal is repayable on maturity date. 1,495,909 1,529, Principal is repayable on maturity date. 4,498,486 4,498, Principal is repayable on maturity date. 499, , Principal is repayable on maturity date. 3,598,824 3,598, Principal is repayable on maturity date. 5,597,698 5,597, Principal is repayable on maturity date. 2,199,101 2,198, Principal is repayable on maturity date. 2,199,934 2,199, Principal is repayable on maturity date. 3,100, Principal is repayable on maturity date. 2,900, Principal is repayable on maturity date. Index rate plus 0.35%. Interest rate is reset semiannually since the issuance date. Interest is paid semiannually. Fixed interest rate of 3.05%, interest is paid annually. Index rate plus 1%. Interest rate is reset quarterly since the issuance date and paid annually. Fixed interest rate of 3.2%, interest is paid annually. Index rate plus 0.95%. Interest rate is reset quarterly since the issuance date and paid annually. Fixed interest rate of 2.8%, interest is paid annually. Fixed interest rate of 2.7%, interest is paid annually. Fixed interest rate of 2.9%, interest is paid annually. Fixed interest rate of 1.8%. Interest is paid annually. Index rate plus 0.35% Interest rate is reset quarterly. (Continued)

178 December 31 Maturity Date Terms First subordinated bank debentures issued in 2004 (C) Second subordinated bank debentures issued in 2004 $ - $ 409, Principal is repayable on maturity date , Principal is repayable on maturity date. Subdominant bank debentures 29,089,784 24,031,413 Floating rate. Interest is paid quarterly. Index rate plus 0.50%. Interest rate is reset semiannually since the issuance date. Interest is paid semiannually. $ 30,121,486 $ 27,129,563 (Concluded)

179 TABLE 8-8 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES DERIVATIVE FINANCIAL INSTRUMENT TRANSACTIONS DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) FENB FENB engages in derivative financial instrument transactions mainly for accommodating customers needs and managing its exposure positions. As of December 31, 2010 and 2009, the contract amounts (or notional amounts), credit risks and fair values of outstanding contracts were as follows: December 31, 2010 Contract (Notional) Financial Instruments Amount Fair Value For the purpose of accommodating customers needs or managing FENB s exposures: Currency swap contracts $ 262,982 $ 12 Forward foreign exchange contracts Long position 174, Short position 1,808 (9) December 31, 2009 Contract (Notional) Financial Instruments Amount Fair Value For the purpose of accommodating customers needs or managing FENB s exposures: Non-deliverable forward contracts Long position $ 87,204 $ 189 Short position 87,204 (23) The fair value of each contract is determined on the basis of quotations from Reuters or the Telerate Information System. (Continued)

180 The notional amounts of derivative contracts are used solely for the purpose of calculating receivables and payables to all contract parties. Thus, the notional amounts do not represent the actual cash inflows or outflows. The possibility that derivative financial instruments held or issued by FENB cannot be sold at reasonable prices is remote; thus, no significant cash demand is expected. SinoPac Capital Limited (H.K.) As of December 31, 2010 and 2009, the contract amounts (or notional amounts) and fair value of outstanding contracts were as follows: December 31, 2010 Financial Instruments Contract (Notional) Amount Fair Value Currency swap contracts $ 850,951 $ (29) December 31, 2009 Financial Instruments Contract (Notional) Amount Fair Value Currency swap contracts $ 929,267 $ (40) SinoPac Leasing and subsidiaries As of December 31, 2010 and 2009, the contract amounts (or notional amounts) and fair value of outstanding contracts were as follows: December 31, 2010 Financial Instruments Contract (Notional) Amount Fair Value Currency swap contracts Long/short JPY815/US$10 $ 1 Long/short US$10,891/JPY880,000 2,153 Forward contracts Long/short US$1,739/JPY145,500 (1,546) Long/short US$3,650/HK$28, December 31, 2009 Financial Instruments Contract (Notional) Amount Fair Value Currency swap contracts Long/short US$3,650/HK$28,275 $ 112 Long/short US$4,000/HK$30, (Concluded)

181 TABLE 9-1 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES STATEMENT OF CHANGES IN ALLOWANCE FOR CREDIT LOSS YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) Year Ended December 31, 2010 Discounts and Loans Provisions for Other Specific General Account Acceptance Financial Other Reserve Reserve Subtotal Receivable Guarantees Assets Assets Total Balance, January 1 $ 2,286,482 $ 4,800,351 $ 7,086,833 $ 441,536 $ 41,716 $ 1,051,441 $ 723 $ 8,622,249 Provision 1,062,716 3,302,924 4,365, ,249 31, ,444-5,055,966 Write off (1,678,283) (1,767,067) (3,445,350) (352,768) - (1,089,840) - (4,887,958) Recovery of written-off credits 44, , , ,258-1, ,486 Reclassifications 110,649 (110,094) (494) - 61 Effect of exchange rate changes (127,591) (371,939) (499,530) (3,744) (6,229) 13,411 - (496,092) Others (4,578) - (4,578) Balance, December 31 $ 1,698,079 $ 5,996,962 $ 7,695,041 $ 696,531 $ 67,120 $ 304,719 $ 723 $ 8,764,134 Year Ended December 31, 2009 Discounts and Loans Provisions for Other Specific General Account Acceptance Financial Other Reserve Reserve Subtotal Receivable Guarantees Assets Assets Total Balance, January 1 $ 3,399,785 $ 4,042,740 $ 7,442,525 $ 593,353 $ 28,010 $ 386,059 $ 140 $ 8,450,087 Provision 1,344,325 3,552,147 4,896,472 1,129,240 14, , ,222,662 Write off (3,365,972) (1,818,192) (5,184,164) (846,895) - (279,220) - (6,310,279) Recovery of written-off credits 65,323 68, , ,314 - (33) - 399,682 Reclassifications 875,440 (930,311) (54,871) (699,923) - 779,217-24,423 Effect of exchange rate changes (32,419) (114,111) (146,530) (553) (1,164) (14,710) - (162,957) Others (1,369) - (1,369) Balance, December 31 $ 2,286,482 $ 4,800,351 $ 7,086,833 $ 441,536 $ 41,716 $ 1,051,441 $ 723 $ 8,622,

182 TABLE 9-2 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES BANK SINOPAC OVERDUE LOANS AND RECEIVABLE DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars, %) December 31, 2010 December 31, 2009 Non-performing Loan Loss Loan Loss Items NPL Ratio Coverage Ratio Non-performing Loan (NPL) Total Loans Reserves Total Loans NPL Ratio Reserves (Note 2) (Note 3) Loan (NPL) (Note 1) (LLR) (LLR) Coverage Ratio Corporate loan Secured $ 1,076,035 $ 131,448, % $ 600, % $ 1,665,589 $ 115,235, % $ 784, % Unsecured 1,643, ,185, % 2,480, % 2,004, ,557, % 2,025, % Mortgage (Note 4) 770, ,853, % 1,014, % 1,805, ,751, % 952, % Cash card , % 1, % 1,454 72, % 4, % Consumer loan Micro credit (Note 5) 102,271 6,006, % 1,098,140 1,073.76% 371,078 8,950, % 1,244, % Other (Note 6) Secured Unsecured 3,050 4,124, % 47,435 1,555.25% 19,144 4,981, % 49, % Total 3,596, ,674, % 5,242, % 5,867, ,548, % 5,059, % Overdue Account Delinquency Allowance for Overdue Account Delinquency Allowance for Coverage Ratio Receivables Receivables Ratio Credit Losses Receivables Receivables Ratio Credit Losses Coverage Ratio Credit card 106,080 16,338, % 623, % 182,664 17,568, % 383, % Account receivable - factoring with no recourse (Note 7) 10,188 18,457, % 10, % 1,072,768 11,558, % 693, % Excluded NPL as a result of debt consultation and loan agreements (Note 8) $ 18,739 $ 43,542 Excluded overdue receivables as a result of debt consultation and loan agreements (Note 8) 814,563 1,089,945 Excluded NPL as a result of consumer debt clearance (Note 9) 12,166 13,672 Excluded overdue receivables as a result of consumer debt clearance (Note 9) 826, ,150 Note 1: For loan business: Overdue loans represent the amounts of reported overdue loans pursuant to Regulations Governing the Procedures for Banking Institutions to Evaluate Assets and Deal with Non-performing/Non-accrual Loans issued by the MOF. For credit card business: Overdue receivables are regulated by the Banking Bureau dated July 6, 2005 (Ref. No ). Note 2: For loan business: NPL ratio = NPL/Total loans. For credit card business: Delinquency ratio = Overdue receivable/account receivable. Note 3: For loan business: Coverage ratio = LLR/NPL For credit card business: Coverage ratio = Allowance for credit losses/overdue receivables. Note 4: Household mortgage means the purpose of financing is to purchase, build, or fix up the dwelling and provides dwelling owned by the borrower, spouse, or children to fully secure the loan. Note 5: Micro credit is regulated by the Banking Bureau dated December 19, 2005 (Ref. No ). Note 6: Others in consumer loans refer to secured or unsecured loans excluding mortgage, cash card, micro credit, and credit cards. Note 7: Account receivable - factoring with no recourse as required by the Banking Bureau letter dated July 19, 2005 (Ref. No ), provision for bad debt are recognized once no compensation are made from factoring or insurance company. Note 8: The disclosure of excluded NPLs and excluded overdue receivables resulting from debt consultation and loan agreements is based on the Banking Bureau letter dated April 25, 2006 (Ref. No ). Note 9: The disclosure of excluded NPLs and excluded overdue receivables resulting from consumer debt clearance is based on the Banking Bureau letter dated September 15, 2008 (Ref. No )

183 TABLE 10 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES CONSOLIDATED ENTITIES DECEMBER 31, 2010 AND 2009 Investor Company Subsidiaries Main Businesses No. Percentage of Ownership December 31, December 31, No Note SinoPac Financial Holdings Company Limited SinoPac Financial Holdings Company Limited Holding company SinoPac Financial Holdings Company Limited (the Company/SPH) was formed pursuant to the Financial Holding Company Act and related regulations on May 9, Following the incorporation, SPH issued stocks to swap for the shares of Bank SinoPac, National Securities (NSC), and SinoPac Securities Co., (SPS), resulting in all three companies becoming wholly owned subsidiaries of SPH. Bank SinoPac Commercial bank 2 100% 2 100% Bank SinoPac obtained government approval to incorporate on August 8, 1991 and started operations on January 28, On July 21, 2006, the boards of directors of Bank SinoPac resolved a merger with IBT which Bank SinoPac was the surviving entity and IBT was the company ceasing to exist. The effective date of the share swap and merger s recording date was November 13, Under this merger, Bank SinoPac acquired the assets and liabilities of IBT through a share swap at ratios of shares of Bank SinoPac to swap for 1 share of IBT. On June 1, 2009, the effective date of Bank SinoPac merged with SinoPac Card Services Co.,, by means of cash swap $3,873,675 with Bank SinoPac as the surviving company. As of December 31, 2010, Bank SinoPac s operating units included Banking, Trust, and International Division of the Head Office, an OBU, 128 domestic branches, 3 overseas branches, 1 overseas sub-branches and 1 overseas representative office. SinoPac Securities SinoPac Venture Capital Co., SinoPac Call Center Co., SinoPac Management Co., SinoPac Securities Investment Trust SinoPac Leasing Brokerage, dealing and underwriting of securities 3 100% 3 100% SinoPac Securities was established on October 11, It obtained government approval to incorporate on November 8, The Company s stocks were approved to trade at GTSM on December 1994 and were unlisted on May 9, As of December 31, 2010, the SinoPac Securities had 48 branches supporting its head office. Venture capital investment 4 100% 4 100% SinoPac Venture Capital Co., was established on January 21, Data processing, manpower and agency service Business management advisory, investment and venture capital investment advisory Establish and manage securities - investment - trust funds by issuing beneficiary certificates and render discretionary investment service Leasing and installment sales 5 100% 5 100% SinoPac Call Center Co., obtained government approval to be incorporated by Bank SinoPac on December 17, In order to harnessing the synergy of integration of diversified business operations, as well as boost the operating performance, the boards of directors of SPH resolved a merger of SinoPac Call Center and SinoPac Marketing Consulting on January 1, Under this merger, SinoPac Call Center will be the surviving entity % 6 100% SinoPac Management Co., established on January 29, % 7 100% SinoPac Securities Investment Trust was established on October 22, To comply with the reorganization of SPH, the equity investment under equity method on SinoPac Securities Investment Trust Co., held by Bank SinoPac had transferred to SPH at book value. The shareholders meeting of SPH on June 11, 2007, resolved to buy all the shares of Grand Cathay Securities Investment Trust Co. from the stockholders other than Bank SinoPac for expanding domain of fortune management and enhancing the ability of assets management. The acquisition price is NT$35.88 per share. The settlement date of Grand Cathay Securities Investment Trust Co was July and was wholly owned subsidiaries of SPH % 8 100% SinoPac Leasing obtained government approval to be incorporated by Bank SinoPac in September To improve the Group s execution and subsidiary s management efficiency, the board of directs of SPH resolved to acquire the capital stock of SinoPac Leasing from the Bank SinoPac and SinoPac Venture Capital Co., on December 1, Thus, SinoPac Leasing will be directly controlled by SPH. The acquisition makes the Group to plan and manage as a whole more easily and activate asset. (Continued)

184 Investor Company Subsidiaries Main Businesses No. Percentage of Ownership December 31, December 31, No Note Bank SinoPac (Note 1) SinoPac Bancorp Stock holding 9 100% 9 100% SinoPac Bancorp established in June In order to strengthen the capital structure and improve competitive advantage, the board of director resolved to increase cash investment of US$50,000 thousand of SinoPac Bancorp as of June 25, The board of directors further resolved to acquire the preferred stocks of SinoPac Bancorp on January 8, 2010, with US$25 per share, US$45,000 thousand in total. The board of directors resolved to further increase cash investment of preferred stocks of SinoPac Bancorp by the maximum amount of US$200,000 thousand at $25 per share on April 23, 2010 and June 24, 2010, respectively. In addition, the Bank SinoPac further acquired the preferred stocks of SinoPac Bancorp on July 27, 2010, September 23, 2010 and December 10, 2010 amounting to US$30,000 thousand, $40,000 thousand, and $30,000 thousand, respectively. SinoPac Capital Limited Lending and financing % % SinoPac Capital Limited was established in Hong Kong in January (H.K.) SinoPac Life Insurance Agent Co., SinoPac Property Insurance Agent Co., Life insurance agent % % SinoPac Life Insurance Agent and IBT Life Insurance Agent were established on July 25, 2000 and March 21, 2001 respectively. They were mainly engaged in life insurance agency business. The boards of directors of SinoPac Life Insurance Agent and IBT Life Insurance Agent resolved to merge these two companies, with IBT Life Insurance Agent as the surviving entity. The effective merger date is November 13, Property insurance agent % % SinoPac Property Insurance Agent and IBT Property Insurance Agent were incorporated on July 24, 2000 and May 28, 2001, respectively. Both companies mainly engaged in property insurance agency business. On August 28, 2006, the boards of directors of SinoPac Property Insurance Agent and IBT Property Insurance Agent resolved to merge these two companies, with IBT Property Insurance Agent as the surviving entity. The effective merger date is November 13, SinoPac Bancorp Far East National Bank Commercial bank % % Far East National Bank was incorporated in December Bank SinoPac acquired Far East National Bank (FENB), through SinoPac Bancorp, by purchasing 100% of its shares on August 15, FENB is a commercial bank was established in Los Angeles which mainly engaged in the business of deposit taking and lending. As of December 31, 2010, FENB had 11 branches in Los Angeles and San Francisco areas, Ho Chi Minh City branch and Beijing representative office. Far East Capital, LLC Investment bank % % Far East Capital, LLC was established in September 1988, and was originally named Far East Capital. On October 15, 2009, Far East Capital was transferred from the subsidiary of FENB to the subsidiary of SinoPac Bancorp and was renamed Far East Capital, LLC. SinoPac Leasing (Note 3) Grand Capital International Limited Leasing and installment sales % % Grand Capital International Limited was incorporated in British Virgin Islands in January SinoPac Capital Limited (H.K.) SinoPac Capital (B.V.I.) SinoPac Insurance Brokers Financial advisory % % SinoPac Capital (B.V.I.) was incorporated in British Virgin Island in October Insurance brokerage % % SinoPac Insurance Brokers was incorporated in Hong Kong in May SinoPac Capital (B.V.I.) Pinnacle Investment Management RSP Information Service Company Limited Investing management, trust and consulting General trading and internet service % Pinnacle Investment Management was established in March 2001 and was liquidated on August 4, 2010 to restructure the organization % % RSP Information Service Company Limited was established in February SinoPac Securities (Note 2) SinoPac Futures SinoPac Capital Management Brokerage and dealing of futures contracts % % SinoPac Futures was established in January In June 2009, SinoPac Securities acquired 26 thousand shares of SinoPac Futures at NT$48.04 per share, for a total of $1,270 thousand. As a result, the s equity in SinoPac Futures increased from 99.96% to 100%. Investment consulting % % SinoPac Capital Management was established in June (Continued)

185 Investor Company Subsidiaries Main Businesses No. Percentage of Ownership December 31, December 31, No Note SinoPac Securities (Cayman) Holdings Stock holding % % SinoPac Securities (Cayman) Holdings was established in April SinoPac Securities (Cayman) Holdings SinoPac Capital (Asia) Derivatives instruments % % SinoPac Capital (Asia) was established in October business SinoPac Futures (Asia) Futures brokerage business % % SinoPac Futures (Asia) was established in April SinoPac Securities (Europe) European agent business % % SinoPac Securities (Europe) was established in May SinoPac Asset Management Asset management and % % SinoPac Asset Management (Asia) was established in October (Asia) investment consulting SinoPac Securities (Asia) Hong Kong stock % % SinoPac Securities (Asia) was established in April brokerage, dealing and under writing of securities SinoPac Asia Limited Securities brokerage, investment advisory and consulting business % % SinoPac Asia Limited was established in June SinoPac Asset Management (Asia) SPS Asset Management Limited Asset management and investment consulting % % SPS Asset Management Limited was established in February SinoPac Securities (Asia) SinoPac Securities (Asia) Nominees SinoPac (Asia) Nominees Hong Kong stock trust business Nominee trust account for overseas stock holdings % % SinoPac Securities (Asia) Nominees was established in April % % SinoPac (Asia) Nominees was established in October SinoPac Venture Capital Co., (Note 4) Wal Tech International Intellisys Corp. Leasing, international trading, and sale of machinery equipment Computer and peripheral system integration engineering, software development and design % % Wal Tech International was established in December To restructure the organization, the board of directors resolved to liquidate on October 29, 2009, and were obtain approval from Taipei City Government on November 5, % % Intellisys Corp. was established in June In order to harnessing the synergy of integration of diversified business operations, as well as boost the operating performance, the boards of directors of SPH resolved to buy all the shares from the stockholders other than Wal Tech International on April 24, Note 1: The Bank and its subsidiaries thereafter refers to Bank SinoPac and its subsidiaries. Note 2: The SinoPac securities and its subsidiaries thereafter refers to SinoPac securities and its subsidiaries. Note 3: The SinoPac Leasing and its subsidiaries thereafter refers to SinoPac Leasing and its subsidiaries. Note 4: The SinoPac Venture Capital and it subsidiaries thereafter refers to SinoPac Venture Capital and its subsidiaries. (Concluded)

186 TABLE 11 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES RELATED PARTIES TRANSACTIONS YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) 2010 No. (Note 1) Transaction Company Counter-party Nature of Relationship (Note 2) Description of Transactions Financial Statement Account Transaction Amount Transaction Item Percentage of Consolidated Revenue/Assets (Note 3) 0 SinoPac Financial Holdings Bank SinoPac and subsidiaries 1 Cash and cash equivalents $ 266,655 Note % Bank SinoPac and subsidiaries 1 Receivables 1,435,051 Note % Bank SinoPac and subsidiaries 1 Payables 1,420,539 Note % Bank SinoPac and subsidiaries 1 Interest revenue 774 Note 4 - Bank SinoPac and subsidiaries 1 Other operating expenses 764 Note 4 - SinoPac Securities and subsidiaries 1 Receivables 299,376 Note % SinoPac Securities and subsidiaries 1 Payables 569 Note 4 - SinoPac Securities and subsidiaries 1 Other operating expenses 7,551 Note % SinoPac Securities Investment Trust 1 Receivables 15,782 Note 4 - SinoPac Venture Capital and subsidiaries 1 Receivables 4,312 Note 4 - SinoPac Venture Capital and subsidiaries 1 Payables 19,182 Note 4 - SinoPac Management 1 Receivables 4,908 Note 4 - SinoPac Call Center 1 Receivables 3,554 Note 4 - SinoPac Call Center 1 Payables 5,265 Note 4 - SinPac Leasing and subsidiaries 1 Receivables 28,302 Note 4 - SinPac Leasing and subsidiaries 1 Other financial assets 27,980 Note 4 - SinPac Leasing and subsidiaries 1 Other revenues, net 234 Note 4 - SinPac Leasing and subsidiaries 1 Other operating expenses 11,929 Note % 1 Bank SinoPac and subsidiaries SinoPac Financial Holdings 2 Receivables 1,420,539 Note % SinoPac Financial Holdings 2 Payables 1,435,051 Note % SinoPac Financial Holdings 2 Deposits and remittances 266,655 Note % SinoPac Financial Holdings 2 Commissions and fee revenues 4 Note 4 - SinoPac Financial Holdings 2 Other revenues, net 760 Note 4 - SinoPac Financial Holdings 2 Interest expenses 774 Note 4 - SinoPac Securities and subsidiaries 3 Cash and cash equivalents 38 Note 4 - SinoPac Securities and subsidiaries 3 Securities purchased under agreements to 849,555 Note % resell SinoPac Securities and subsidiaries 3 Receivables 1,078 Note 4 - SinoPac Securities and subsidiaries 3 Other financial assets 32,067 Note 4 - SinoPac Securities and subsidiaries 3 Financial liabilities at fair value through 63,083 Note % profit or loss SinoPac Securities and subsidiaries 3 Payables 1,354 Note 4 - SinoPac Securities and subsidiaries 3 Deposits and remittances 4,473,051 Note % (Continued)

187 No. (Note 1) Transaction Company Counter-party Nature of Relationship (Note 2) Description of Transactions Financial Statement Account Transaction Amount Transaction Item Percentage of Consolidated Revenue/Assets (Note 3) SinoPac Securities and subsidiaries 3 Other financial liabilities $ 2,648 Note 4 - SinoPac Securities and subsidiaries 3 Other liabilities 1 Note 4 - SinoPac Securities and subsidiaries 3 Interest revenue 5,118 Note % SinoPac Securities and subsidiaries 3 Commissions and fee revenues 3,554 Note % SinoPac Securities and subsidiaries 3 Gains from financial assets and liabilities at 262,981 Note % fair value through profit or loss SinoPac Securities and subsidiaries 3 Other revenues, net 2,391 Note % SinoPac Securities and subsidiaries 3 Rental revenues 19,587 Note % SinoPac Securities and subsidiaries 3 Interest expenses 20,730 Note % SinoPac Securities and subsidiaries 3 Commission and fee expenses 712 Note 4 - SinoPac Securities and subsidiaries 3 Losses on financial assets and liabilities at 302,870 Note % fair value through profit or loss SinoPac Securities and subsidiaries 3 Losses on financial assets and liabilities at 18,328 Note % fair value through profit or loss SinoPac Securities and subsidiaries 3 Other operating expenses 523 Note 4 - SinoPac Securities Investment Trust 3 Receivables 2,422 Note 4 - SinoPac Securities Investment Trust 3 Payables 67 Note 4 - SinoPac Securities Investment Trust 3 Deposits and remittances 24,078 Note 4 - SinoPac Securities Investment Trust 3 Commissions and fee revenues 28,128 Note % SinoPac Securities Investment Trust 3 Rental revenues 13,872 Note % SinoPac Securities Investment Trust 3 Interest expenses 354 Note 4 - SinoPac Securities Investment Trust 3 Commission and fee expenses 1,647 Note % SinoPac Venture Capital and subsidiaries 3 Payables 404 Note 4 - SinoPac Venture Capital and subsidiaries 3 Deposits and remittances 1,063,940 Note % SinoPac Venture Capital and subsidiaries 3 Rental revenues 3,336 Note % SinoPac Venture Capital and subsidiaries 3 Interest expenses 1,532 Note % SinoPac Venture Capital and subsidiaries 3 Other operating expenses 3,648 Note % SinoPac Management 3 Receivables 103 Note 4 - SinoPac Management 3 Payables 3 Note 4 - SinoPac Management 3 Deposits and remittances 77,068 Note % SinoPac Management 3 Interest expenses 66 Note 4 - SinoPac Call Center 3 Receivables 135 Note 4 - SinoPac Call Center 3 Payables 15,093 Note 4 - SinoPac Call Center 3 Deposits and remittances 58,301 Note 4 - SinoPac Call Center 3 Other financial liabilities 1,170 Note 4 - SinoPac Call Center 3 Other revenues, net 180 Note 4 - SinoPac Call Center 3 Rental revenues 6,717 Note % SinoPac Call Center 3 Interest expenses 335 Note 4 - SinoPac Call Center 3 Commission and fee expenses 48,548 Note % SinoPac Call Center 3 Other operating expenses 180,268 Note % SinPac Leasing and subsidiaries 3 Receivables 1,421 Note 4 - SinPac Leasing and subsidiaries 3 Discounts and loans, net 3,321,544 Note % SinPac Leasing and subsidiaries 3 Other financial assets 11,414 Note 4 - SinPac Leasing and subsidiaries 3 Payables 143 Note 4 - SinPac Leasing and subsidiaries 3 Deposits and remittances 408,634 Note % SinPac Leasing and subsidiaries 3 Other financial liabilities 1,474 Note 4 - (Continued)

188 No. (Note 1) Transaction Company Counter-party Nature of Relationship (Note 2) Description of Transactions Financial Statement Account Transaction Amount Transaction Item Percentage of Consolidated Revenue/Assets (Note 3) SinPac Leasing and subsidiaries 3 Interest revenue $ 90,034 Note % SinPac Leasing and subsidiaries 3 Rental revenues 5,892 Note % SinPac Leasing and subsidiaries 3 Interest expenses 4,063 Note % SinPac Leasing and subsidiaries 3 Other operating expenses 117,680 Note % 2 SinoPac Securities and subsidiaries SinoPac Financial Holdings 2 Receivables 569 Note 4 - SinoPac Financial Holdings 2 Payables 299,376 Note % SinoPac Financial Holdings 2 Other revenues, net 7,551 Note % Bank SinoPac and subsidiaries 3 Cash and cash equivalents 3,171,051 Note % Bank SinoPac and subsidiaries 3 Financial assets at fair value through profit 63,083 Note % or loss Bank SinoPac and subsidiaries 3 Receivables 1,354 Note 4 - Bank SinoPac and subsidiaries 3 Other financial assets 1,304,648 Note % Bank SinoPac and subsidiaries 3 Other assets 1 Note 4 - Bank SinoPac and subsidiaries 3 Securities sold under agreements to 849,555 Note % repurchase Bank SinoPac and subsidiaries 3 Payables 1,116 Note 4 - Bank SinoPac and subsidiaries 3 Other liabilities 32,067 Note 4 - Bank SinoPac and subsidiaries 3 Interest revenue 20,730 Note % Bank SinoPac and subsidiaries 3 Commissions and fee revenues 712 Note 4 - Bank SinoPac and subsidiaries 3 Gains from financial assets and liabilities at 39,889 Note % fair value through profit or loss Bank SinoPac and subsidiaries 3 Gains from financial assets and liabilities at 18,328 Note % fair value through profit or loss Bank SinoPac and subsidiaries 3 Other revenues, net 30 Note 4 - Bank SinoPac and subsidiaries 3 Rental revenues 523 Note 4 - Bank SinoPac and subsidiaries 3 Interest expenses 5,118 Note % Bank SinoPac and subsidiaries 3 Commission and fee expenses 173 Note 4 - Bank SinoPac and subsidiaries 3 Other operating expenses 25,389 Note % SinoPac Securities Investment Trust 3 Receivables 882 Note 4 - SinoPac Securities Investment Trust 3 Commissions and fee revenues 10,598 Note % SinoPac Venture Capital and subsidiaries 3 Receivables 6 Note 4 - SinoPac Venture Capital and subsidiaries 3 Other revenues, net 36 Note 4 - SinoPac Call Center 3 Payables 1,232 Note 4 - SinoPac Call Center 3 Other operating expenses 14,634 Note % SinPac Leasing and subsidiaries 3 Other financial assets 605 Note 4 - SinPac Leasing and subsidiaries 3 Payables 402 Note 4 - SinPac Leasing and subsidiaries 3 Interest revenue 5 Note 4 - SinPac Leasing and subsidiaries 3 Other operating expenses 25,652 Note % 3 SinoPac Securities Investment Trust SinoPac Financial Holdings 2 Payables 15,782 Note 4 - Bank SinoPac and subsidiaries 3 Cash and cash equivalents 24,078 Note 4 - Bank SinoPac and subsidiaries 3 Receivables 67 Note 4 - Bank SinoPac and subsidiaries 3 Payables 2,422 Note 4 - Bank SinoPac and subsidiaries 3 Interest revenue 354 Note 4 - Bank SinoPac and subsidiaries 3 Commissions and fee revenues 1,647 Note % (Continued)

189 No. (Note 1) Transaction Company Counter-party Nature of Relationship (Note 2) Description of Transactions Financial Statement Account Transaction Amount Transaction Item Percentage of Consolidated Revenue/Assets (Note 3) Bank SinoPac and subsidiaries 3 Other operating expenses $ 42,000 Note % SinoPac Securities and subsidiaries 3 Payables 882 Note 4 - SinoPac Securities and subsidiaries 3 Other operating expenses 10,598 Note % SinPac Leasing and subsidiaries 3 Other operating expenses 300 Note 4-4 SinoPac Venture Capital and subsidiaries SinoPac Financial Holdings 2 Receivables 19,182 Note 4 - SinoPac Financial Holdings 2 Payables 4,312 Note 4 - Bank SinoPac and subsidiaries 3 Cash and cash equivalents 1,058,940 Note % Bank SinoPac and subsidiaries 3 Receivables 356 Note 4 - Bank SinoPac and subsidiaries 3 Other financial assets 5,000 Note 4 - Bank SinoPac and subsidiaries 3 Other assets 48 Note 4 - Bank SinoPac and subsidiaries 3 Interest revenue 1,532 Note % Bank SinoPac and subsidiaries 3 Other revenues, net 3,648 Note % Bank SinoPac and subsidiaries 3 Other operating expenses 3,336 Note % SinoPac Securities and subsidiaries 3 Payables 6 Note 4 - SinoPac Securities and subsidiaries 3 Other operating expenses 36 Note 4 - SinoPac Management 3 Other operating expenses 35,714 Note % 5 SinoPac Management SinoPac Financial Holdings 2 Payables 4,908 Note 4 - Bank SinoPac and subsidiaries 3 Cash and cash equivalents 77,068 Note % Bank SinoPac and subsidiaries 3 Receivables 3 Note 4 - Bank SinoPac and subsidiaries 3 Payables 103 Note 4 - Bank SinoPac and subsidiaries 3 Interest revenue 66 Note 4 - SinoPac Venture Capital and subsidiaries 3 Other revenues, net 35,714 Note % SinPac Leasing and subsidiaries 3 Other operating expenses 1,283 Note 4-6 SinoPac Call Center SinoPac Financial Holdings 2 Receivables 5,265 Note 4 - SinoPac Financial Holdings 2 Payables 3,554 Note 4 - Bank SinoPac and subsidiaries 3 Cash and cash equivalents 58,301 Note 4 - Bank SinoPac and subsidiaries 3 Receivables 15,093 Note 4 - Bank SinoPac and subsidiaries 3 Other financial assets 1,170 Note 4 - Bank SinoPac and subsidiaries 3 Payables 135 Note 4 - Bank SinoPac and subsidiaries 3 Interest revenue 335 Note 4 - Bank SinoPac and subsidiaries 3 Other revenues, net 228,816 Note % Bank SinoPac and subsidiaries 3 Other operating expenses 6,897 Note % SinoPac Securities and subsidiaries 3 Receivables 1,232 Note 4 - SinoPac Securities and subsidiaries 3 Other revenues, net 14,634 Note % SinPac Leasing and subsidiaries 3 Other operating expenses 391 Note 4-7 SinPac Leasing and subsidiaries SinoPac Financial Holdings 2 Payables 28,302 Note 4 - SinoPac Financial Holdings 2 Other financial liabilities 27,980 Note 4 - SinoPac Financial Holdings 2 Rental revenues 11,929 Note % SinoPac Financial Holdings 2 Interest expenses 234 Note 4 - Bank SinoPac and subsidiaries 3 Cash and cash equivalents 408,634 Note % Bank SinoPac and subsidiaries 3 Receivables 143 Note 4 - Bank SinoPac and subsidiaries 3 Other financial assets 1,474 Note 4 - (Continued)

190 No. (Note 1) Transaction Company Counter-party Nature of Relationship (Note 2) Description of Transactions Financial Statement Account Transaction Amount Transaction Item Percentage of Consolidated Revenue/Assets (Note 3) Bank SinoPac and subsidiaries 3 Payables $ 1,421 Note 4 - Bank SinoPac and subsidiaries 3 Long-term borrowings 3,321,544 Note % Bank SinoPac and subsidiaries 3 Other financial liabilities 11,414 Note 4 - Bank SinoPac and subsidiaries 3 Interest revenue 4,063 Note % Bank SinoPac and subsidiaries 3 Rental revenues 117,680 Note % Bank SinoPac and subsidiaries 3 Interest expenses 90,034 Note % Bank SinoPac and subsidiaries 3 Other operating expenses 5,892 Note % SinoPac Securities and subsidiaries 3 Cash and cash equivalents 402 Note 4 - SinoPac Securities and subsidiaries 3 Other financial liabilities 605 Note 4 - SinoPac Securities and subsidiaries 3 Rental revenues 25,652 Note % SinoPac Securities and subsidiaries 3 Interest expenses 5 Note 4 - SinoPac Securities Investment Trust 3 Rental revenues 300 Note 4 - SinoPac Management 3 Rental revenues 1,283 Note 4 - SinoPac Call Center 3 Rental revenues 391 Note No. (Note 1) Transaction Company Counter-party Nature of Relationship (Note 2) Description of Transactions Financial Statement Account Transaction Amount Transaction Item Percentage of Consolidated Revenue/Assets (Note 3) 0 SinoPac Financial Holdings Bank SinoPac and subsidiaries 1 Cash and cash equivalents $ 152,905 (Note 4) 0.01% Bank SinoPac and subsidiaries 1 Receivables 4 (Note 4) - Bank SinoPac and subsidiaries 1 Receivables 6,148 (Note 4) - Bank SinoPac and subsidiaries 1 Payables 1,372,340 (Note 4) 0.12% Bank SinoPac and subsidiaries 1 Interest revenues 550 (Note 4) - Bank SinoPac and subsidiaries 1 Other operating expenses 4 (Note 4) - Bank SinoPac and subsidiaries 1 Payables 120,348 (Note 4) 0.01% SinoPac Securities and subsidiaries 1 Receivables 1,275,508 (Note 4) 0.11% SinoPac Securities and subsidiaries 1 Payables 1,044 (Note 4) - SinoPac Securities and subsidiaries 1 Other operating expenses 7,616 (Note 4) 0.03% SinoPac Securities Investment Trust 1 Receivables 20,291 (Note 4) - SinoPac Venture Capital and subsidiaries 1 Receivables 1,229 (Note 4) - SinoPac Venture Capital and subsidiaries 1 Payables 13,658 (Note 4) - SinoPac Management 1 Receivables 10,613 (Note 4) - SinoPac Management 1 Payables 290 (Note 4) - SinoPac Call Center 1 Receivables 11,644 (Note 4) - SinoPac Call Center 1 Payables 5,759 (Note 4) - SinoPac Leasing and subsidiaries 1 Other financial assets 30,340 (Note 4) - SinoPac Leasing and subsidiaries 1 Other revenues, net 422 (Note 4) - SinoPac Leasing and subsidiaries 1 Other operating expenses 1,858 (Note 4) 0.01% SinoPac Leasing and subsidiaries 1 Other operating expenses 10,384 (Note 4) 0.05% (Continued)

191 No. (Note 1) Transaction Company Counter-party Nature of Relationship (Note 2) Description of Transactions Financial Statement Account Transaction Amount Transaction Item Percentage of Consolidated Revenue/Assets (Note 3) 1 Bank SinoPac and subsidiaries SinoPac Financial Holdings 2 Receivables $ 1,492,688 (Note 4) 0.13% SinoPac Financial Holdings 2 Payables 4 (Note 4) - SinoPac Financial Holdings 2 Payables 6,148 (Note 4) - SinoPac Financial Holdings 2 Deposits and remittances 152,905 (Note 4) 0.01% SinoPac Financial Holdings 2 Commission and fee revenues 4 (Note 4) - SinoPac Financial Holdings 2 Interest expenses 550 (Note 4) - SinoPac Securities and subsidiaries 3 Cash and cash equivalents 42 (Note 4) - SinoPac Securities and subsidiaries 3 Receivables 4,342 (Note 4) - SinoPac Securities and subsidiaries 3 Other financial assets 52,029 (Note 4) - SinoPac Securities and subsidiaries 3 Financial liabilities at fair value through 46,586 (Note 4) - profit or loss SinoPac Securities and subsidiaries 3 Payables 758 (Note 4) - SinoPac Securities and subsidiaries 3 Payables 81 (Note 4) - SinoPac Securities and subsidiaries 3 Deposits and remittances 3,671,088 (Note 4) 0.33% SinoPac Securities and subsidiaries 3 Other financial liabilities 2,648 (Note 4) - SinoPac Securities and subsidiaries 3 Interest revenues 118 (Note 4) - SinoPac Securities and subsidiaries 3 Commission and fee revenues 4,777 (Note 4) 0.02% SinoPac Securities and subsidiaries 3 Rental revenues 16,987 (Note 4) 0.07% SinoPac Securities and subsidiaries 3 Other revenues, net 12 (Note 4) - SinoPac Securities and subsidiaries 3 Interest expenses 80,361 (Note 4) 0.35% SinoPac Securities and subsidiaries 3 Commission and fee expenses 916 (Note 4) - SinoPac Securities Investment Trust 3 Receivables 2,265 (Note 4) - SinoPac Securities Investment Trust 3 Payables 22 (Note 4) - SinoPac Securities Investment Trust 3 Payables 2 (Note 4) - SinoPac Securities Investment Trust 3 Deposits and remittances 29,875 (Note 4) - SinoPac Securities Investment Trust 3 Commission and fee revenues 29,048 (Note 4) 0.13% SinoPac Securities Investment Trust 3 Rental revenues 12,667 (Note 4) 0.06% SinoPac Securities Investment Trust 3 Other revenues, net 396 (Note 4) - SinoPac Securities Investment Trust 3 Interest expenses 555 (Note 4) - SinoPac Securities Investment Trust 3 Commission and fee expenses 2,962 (Note 4) 0.01% SinoPac Venture Capital and subsidiaries 3 Payables 66 (Note 4) - SinoPac Venture Capital and subsidiaries 3 Payables 8,790 (Note 4) - SinoPac Venture Capital and subsidiaries 3 Deposits and remittances 1,242,000 (Note 4) 0.11% SinoPac Venture Capital and subsidiaries 3 Rental revenues 3,627 (Note 4) 0.02% SinoPac Venture Capital and subsidiaries 3 Interest expenses 2,735 (Note 4) 0.01% SinoPac Management 3 Receivables 50 (Note 4) - SinoPac Management 3 Payables 1 (Note 4) - SinoPac Management 3 Deposits and remittances 49,049 (Note 4) - SinoPac Management 3 Interest expenses 223 (Note 4) - SinoPac Call Center 3 Payables 15,366 (Note 4) - SinoPac Call Center 3 Payables 12 (Note 4) - SinoPac Call Center 3 Deposits and remittances 122,369 (Note 4) 0.01% SinoPac Call Center 3 Other financial liabilities 990 (Note 4) - SinoPac Call Center 3 Rental revenues 6,237 (Note 4) 0.03% SinoPac Call Center 3 Interest expenses 505 (Note 4) - SinoPac Call Center 3 Commission and fee expenses 35,352 (Note 4) 0.15% SinoPac Call Center 3 Other operating expenses 13,689 (Note 4) 0.06% SinoPac Call Center 3 Other operating expenses 183,775 (Note 4) 0.80% (Continued)

192 No. (Note 1) Transaction Company Counter-party Nature of Relationship (Note 2) Description of Transactions Financial Statement Account Transaction Amount Transaction Item Percentage of Consolidated Revenue/Assets (Note 3) SinPac Leasing and subsidiaries 3 Receivables $ 99 (Note 4) - SinPac Leasing and subsidiaries 3 Receivables 2,593,554 (Note 4) 0.23% SinPac Leasing and subsidiaries 3 Discounts and loans, net 1,820,000 (Note 4) 0.16% SinPac Leasing and subsidiaries 3 Other financial assets 11,414 (Note 4) - SinPac Leasing and subsidiaries 3 Payables 137 (Note 4) - SinPac Leasing and subsidiaries 3 Deposits and remittances 87,785 (Note 4) 0.01% SinPac Leasing and subsidiaries 3 Other financial liabilities 1,474 (Note 4) - SinPac Leasing and subsidiaries 3 Interest revenues 2,620 (Note 4) 0.01% SinPac Leasing and subsidiaries 3 Commission and fee revenues 543 (Note 4) - SinPac Leasing and subsidiaries 3 Gains from financial assets and liabilities at 1,232 (Note 4) 0.01% fair value through profit or loss SinPac Leasing and subsidiaries 3 Rental revenues 5,902 (Note 4) 0.03% SinPac Leasing and subsidiaries 3 Interest expenses 366 (Note 4) - SinPac Leasing and subsidiaries 3 Losses on financial assets and liabilities at 130 (Note 4) - fair value through profit or loss SinPac Leasing and subsidiaries 3 Other operating expenses 6,170 (Note 4) 0.03% SinPac Leasing and subsidiaries 3 Other operating expenses 108,576 (Note 4) 0.47% 2 SinoPac Securities and subsidiaries SinoPac Financial Holdings 2 Receivables 1,044 (Note 4) - SinoPac Financial Holdings 2 Payables 1,275,508 (Note 4) 0.11% SinoPac Financial Holdings 2 Other revenues, net 7,616 (Note 4) 0.03% Bank SinoPac and subsidiaries 3 Cash and cash equivalents 2,549,088 (Note 4) 0.23% Bank SinoPac and subsidiaries 3 Financial assets at fair value through profit 46,586 (Note 4) - or loss Bank SinoPac and subsidiaries 3 Receivables 81 (Note 4) - Bank SinoPac and subsidiaries 3 Receivables 758 (Note 4) - Bank SinoPac and subsidiaries 3 Other financial assets 1,122,000 (Note 4) 0.10% Bank SinoPac and subsidiaries 3 Other financial assets 2,648 (Note 4) - Bank SinoPac and subsidiaries 3 Payables 42 (Note 4) - Bank SinoPac and subsidiaries 3 Payables 631 (Note 4) - Bank SinoPac and subsidiaries 3 Other liabilities 52,029 (Note 4) - Bank SinoPac and subsidiaries 3 Payables 3,711 (Note 4) - Bank SinoPac and subsidiaries 3 Interest revenues 80,361 (Note 4) 0.35% Bank SinoPac and subsidiaries 3 Commission and fee revenues 916 (Note 4) - Bank SinoPac and subsidiaries 3 Interest expenses 118 (Note 4) - Bank SinoPac and subsidiaries 3 Commission and fee expenses 97 (Note 4) - Bank SinoPac and subsidiaries 3 Other operating expenses 4,579 (Note 4) 0.02% Bank SinoPac and subsidiaries 3 Other operating expenses 17,100 (Note 4) 0.07% SinoPac Securities Investment Trust 3 Receivables 656 (Note 4) - SinoPac Securities Investment Trust 3 Commission and fee revenues 9,116 (Note 4) 0.04% SinoPac Venture Capital and subsidiaries 3 Receivables 6 (Note 4) - SinoPac Venture Capital and subsidiaries 3 Other revenues, net 37 (Note 4) - SinoPac Venture Capital and subsidiaries 3 Other operating expenses 54 (Note 4) - SinoPac Call Center 3 Payables 1,220 (Note 4) - SinoPac Call Center 3 Other operating expenses 14,033 (Note 4) 0.06% SinPac Leasing and subsidiaries 3 Other financial assets 605 (Note 4) - SinPac Leasing and subsidiaries 3 Payables 240 (Note 4) - (Continued)

193 No. (Note 1) Transaction Company Counter-party Nature of Relationship (Note 2) Description of Transactions Financial Statement Account Transaction Amount Transaction Item Percentage of Consolidated Revenue/Assets (Note 3) SinPac Leasing and subsidiaries 3 Interest revenues $ 8 (Note 4) - SinPac Leasing and subsidiaries 3 Other operating expenses 56 (Note 4) - SinPac Leasing and subsidiaries 3 Other operating expenses 25,356 (Note 4) 0.11% 3 SinoPac Securities Investment Trust SinoPac Financial Holdings 2 Payables 20,291 (Note 4) - Bank SinoPac and subsidiaries 3 Cash and cash equivalents 29,875 (Note 4) - Bank SinoPac and subsidiaries 3 Receivables 2 (Note 4) - Bank SinoPac and subsidiaries 3 Receivables 22 (Note 4) - Bank SinoPac and subsidiaries 3 Payables 2,265 (Note 4) - Bank SinoPac and subsidiaries 3 Interest revenues 555 (Note 4) - Bank SinoPac and subsidiaries 3 Commission and fee revenues 2,962 (Note 4) 0.01% Bank SinoPac and subsidiaries 3 Other operating expenses 29,228 (Note 4) 0.13% Bank SinoPac and subsidiaries 3 Other operating expenses 12,883 (Note 4) 0.06% SinoPac Securities and subsidiaries 3 Payables 656 (Note 4) - SinoPac Securities and subsidiaries 3 Other operating expenses 9,116 (Note 4) 0.04% 4 SinoPac Venture Capital and subsidiaries SinoPac Financial Holdings 2 Receivables 13,362 (Note 4) - SinoPac Financial Holdings 2 Payables 933 (Note 4) - Bank SinoPac and subsidiaries 3 Cash and cash equivalents 1,242,000 (Note 4) 0.11% Bank SinoPac and subsidiaries 3 Receivables 8,790 (Note 4) - Bank SinoPac and subsidiaries 3 Receivables 53 (Note 4) - Bank SinoPac and subsidiaries 3 Receivables 13 (Note 4) - Bank SinoPac and subsidiaries 3 Interest revenues 2,735 (Note 4) 0.01% Bank SinoPac and subsidiaries 3 Other operating expenses 3,573 (Note 4) 0.02% Bank SinoPac and subsidiaries 3 Other operating expenses 55 (Note 4) - SinoPac Securities and subsidiaries 3 Payables 6 (Note 4) - SinoPac Securities and subsidiaries 3 Other revenues, net 54 (Note 4) - SinoPac Securities and subsidiaries 3 Other operating expenses 37 (Note 4) - SinoPac Management 3 Other operating expenses 35,714 (Note 4) 0.16% SinPac Leasing and subsidiaries 3 Rental revenues 4,309 (Note 4) 0.02% SinPac Leasing and subsidiaries 3 Interest expenses 831 (Note 4) - 5 SinoPac Management SinoPac Financial Holdings 2 Payables 10,323 (Note 4) - Bank SinoPac and subsidiaries 3 Cash and cash equivalents 49,049 (Note 4) - Bank SinoPac and subsidiaries 3 Receivables 1 (Note 4) - Bank SinoPac and subsidiaries 3 Payables 50 (Note 4) - Bank SinoPac and subsidiaries 3 Interest revenues 223 (Note 4) - SinoPac Venture Capital and subsidiaries 3 Other revenues, net 35,714 (Note 4) 0.16% SinPac Leasing and subsidiaries 3 Other operating expenses 1,286 (Note 4) 0.01% 6 SinoPac Call Center SinoPac Financial Holdings 2 Receivables 5,366 (Note 4) - SinoPac Financial Holdings 2 Payables 11,251 (Note 4) - Bank SinoPac and subsidiaries 3 Cash and cash equivalents 122,369 (Note 4) 0.01% Bank SinoPac and subsidiaries 3 Receivables 15,366 (Note 4) - Bank SinoPac and subsidiaries 3 Receivables 12 (Note 4) - Bank SinoPac and subsidiaries 3 Other financial assets 990 (Note 4) - Bank SinoPac and subsidiaries 3 Interest revenues 505 (Note 4) - Bank SinoPac and subsidiaries 3 Other revenues, net 174,408 (Note 4) 0.76% (Continued)

194 No. (Note 1) Transaction Company Counter-party Nature of Relationship (Note 2) Description of Transactions Financial Statement Account Transaction Amount Transaction Item Percentage of Consolidated Revenue/Assets (Note 3) Bank SinoPac and subsidiaries 3 Other operating expenses $ 6,237 (Note 4) 0.03% Bank SinoPac and subsidiaries 3 Other revenues, net 58,408 (Note 4) 0.26% SinoPac Securities and subsidiaries 3 Receivables 1,220 (Note 4) - SinoPac Securities and subsidiaries 3 Other revenues, net 14,033 (Note 4) 0.06% SinPac Leasing and subsidiaries 3 Other operating expenses 406 (Note 4) - 7 SinPac Leasing and subsidiaries SinoPac Financial Holdings 2 Other financial liabilities 30,340 (Note 4) - SinoPac Financial Holdings 2 Rental revenues 12,243 (Note 4) 0.05% SinoPac Financial Holdings 2 Interest expenses 422 (Note 4) - Bank SinoPac and subsidiaries 3 Cash and cash equivalents 87,785 (Note 4) 0.01% Bank SinoPac and subsidiaries 3 Receivables 137 (Note 4) - Bank SinoPac and subsidiaries 3 Other financial assets 1,474 (Note 4) - Bank SinoPac and subsidiaries 3 Payables 2,593,554 (Note 4) 0.23% Bank SinoPac and subsidiaries 3 Payables 99 (Note 4) - Bank SinoPac and subsidiaries 3 Long-term borrowings 1,820,000 (Note 4) 0.16% Bank SinoPac and subsidiaries 3 Other financial liabilities 11,414 (Note 4) - Bank SinoPac and subsidiaries 3 Interest revenues 366 (Note 4) - Bank SinoPac and subsidiaries 3 Rental revenues 112,957 (Note 4) 0.49% Bank SinoPac and subsidiaries 3 Interest expenses 3,722 (Note 4) 0.02% Bank SinoPac and subsidiaries 3 Other revenues, net 543 (Note 4) - Bank SinoPac and subsidiaries 3 Other operating expenses 5,902 (Note 4) 0.03% Bank SinoPac and subsidiaries 3 Rental revenues 1,789 (Note 4) 0.01% SinoPac Securities and subsidiaries 3 Cash and cash equivalents 240 (Note 4) - SinoPac Securities and subsidiaries 3 Other financial liabilities 605 (Note 4) - SinoPac Securities and subsidiaries 3 Rental revenues 25,282 (Note 4) 0.11% SinoPac Securities and subsidiaries 3 Other revenues, net 130 (Note 4) - SinoPac Securities and subsidiaries 3 Interest expenses 8 (Note 4) - SinoPac Venture Capital and subsidiaries 3 Interest revenues 831 (Note 4) - SinoPac Venture Capital and subsidiaries 3 Other revenues, net 4,309 (Note 4) 0.02% SinoPac Management 3 Rental revenues 1,286 (Note 4) 0.01% SinoPac Call Center 3 Rental revenues 406 (Note 4) - Note 1: Transactions between parent company and subsidiaries should be distinguished as follows: 1. Parent company: Subsidiaries are numbered in sequence from 1. Note 2: Types of transactions with related parties were classified as follows: 1. Parent company to subsidiaries. 2. Subsidiaries to parent company. 3. Subsidiaries to subsidiaries. Note 3: In the computation of percentage of consolidated revenue/assets, if the amount is the ending balance of assets or liabilities, the accounts percentage will be calculated by dividing the consolidated assets or liabilities; if the amount is the amount of income or expense, the accounts percentage will be cumulated by dividing the consolidated revenues in the same period. Note 4: For the transactions between the Company and related parties, the terms are similar to those transacted with unrelated parties. (Concluded)

195 TABLE 12 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED BALANCE SHEETS DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) ASSETS LIABILITIES AND STOCKHOLDERS EQUITY CASH AND CASH EQUIVALENTS $ 266,659 $ 152,908 PAYABLES $ 1,778,676 $ 2,090,892 SECURITIES PURCHASED UNDER AGREEMENTS TO RESELL 700,000 - COMMERCIAL PAPER PAYABLE 2,599,442 2,299,290 RECEIVABLES 2,537,135 2,057,498 SHORT-TERM BORROWINGS - 1,130,000 EQUITY INVESTMENTS - EQUITY METHOD 91,402,148 87,915,122 LONG-TERM BORROWINGS 4,994,181 2,991,595 OTHER FINANCIAL ASSETS 1,057,621 1,059,981 ACCRUED PENSION COST 12,316 9,909 PROPERTIES, NET 36,847 41,819 LIABILITY COMPONENT OF PREFERRED STOCKS 129, ,060 INTANGIBLE ASSETS Total liabilities 9,513,675 8,650,746 OTHER ASSETS 257, ,796 STOCKHOLDERS EQUITY Capital stock 70,098,167 69,965,051 Advance receipts for common stock - 17,467 Capital surplus 2,014,549 2,017,286 Retained earnings Legal reserve 10,053,920 9,963,140 Special reserve 7,741 - Unappropriated earnings 5,109, ,801 Total retained earnings 15,171,066 10,870,941 Other items on stockholders equity Revaluation increment on land 1,030,154 1,030,154 Cumulative translation adjustment (719,352) (168,698) Unrealized gains (losses) on financial instruments 122,392 (125,169) Unrealized gains (losses) on cash flow hedge (26,185) 22,130 Net loss not recognized as pension cost (945,802) (766,159) Total other items on stockholders equity (538,793) (7,742) Total stockholders equity 86,744,989 82,863,003 TOTAL $ 96,258,664 $ 91,513,749 TOTAL $ 96,258,664 $ 91,513,

196 TABLE 13 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED STATEMENTS OF INCOME YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars, Except Earnings Per Share) REVENUES Income from equity investments - equity method $ 5,336,312 $ 2,113,969 Others 34,157 35,578 EXPENSES AND LOSSES Loss on equity investments - equity method - (647,650) Operating expenses (203,814) (213,291) Others (68,831) (47,282) INCOME BEFORE INCOME TAX 5,097,824 1,241,324 INCOME TAX BENEFIT (EXPENSE) 11,512 (333,523) NET INCOME $ 5,109,336 $ 907,801 After After Pretax Tax Pretax Tax EARNINGS PER SHARE Basic $ 0.73 $ 0.73 $ 0.18 $

197 TABLE 14 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) Other Items on Stockholders Equity Retained Earnings Unrealized Unrealized Unappropriated Cumulative Gains (Losses) Gains (Losses) Net Loss Not Capital Stock Advance Capital Surplus Earnings Revaluation Translation on Financial on Cash Flow Recognized as Total Shares in Receipts for Additional Conversion (Accumulated Increment on Adjustment Instruments Hedge Pension Cost Stockholders' Thousands Amount Common Stock Paid-in Capital Rights Others Total Legal Reserve Special Reserve Deficit) Total Land Equity BALANCE, JANUARY 1, ,988,018 $ 69,880,178 $ - $ 1,724,374 $ - $ 3,609 $ 1,727,983 $ 12,991,972 $ 1,671,766 $ (4,700,598 ) $ 9,963,140 $ 1,030,154 $ (13,709 ) $ (229,628 ) $ (69,621 ) $ (642,321 ) $ 81,646,176 Appropriation of 2008 earnings Special reserve transferred to unappropriated earnings (1,671,766) 1,671, Legal reserve to offset deficit (3,028,832) - 3,028, Net income for the year ended December 31, , , ,801 Unrealized revaluation gains or losses on financial instruments recognized from subsidiaries , ,459 Unrealized gains or losses on subsidiaries' cash flow hedge ,751-91,751 Change in cumulative translation adjustment on equity investments - equity method (154,989 ) (154,989 ) Employee stock option exercised 8,487 84,873 17,467 (1,637 ) - - (1,637 ) ,703 Net loss not recognized as pension cost recognized from subsidiaries (123,838 ) (123,838 ) Equity component of preferred stock issuance , , ,940 BALANCE, DECEMBER 31, ,996,505 69,965,051 17,467 1,722, ,940 3,609 2,017,286 9,963, ,801 10,870,941 1,030,154 (168,698 ) (125,169 ) 22,130 (766,159 ) 82,863,003 Appropriation of 2009 earnings Legal reserve ,780 - (90,780) Special reserve ,741 (7,741) Cash dividends - NT$ per share (809,211) (809,211) (809,211) Net income for the year ended December 31, ,109,336 5,109, ,109,336 Unrealized revaluation gains or losses on financial instruments recognized from subsidiaries , ,561 Change in cumulative translation adjustment on equity investments - equity method (550,654 ) (550,654 ) Unrealized gains or losses on subsidiaries' cash flow hedge (48,315 ) - (48,315 ) Employee stock option exercised 13, ,116 (17,467 ) (2,737 ) - - (2,737 ) ,912 Net loss not recognized as pension cost recognized from subsidiaries (179,643 ) (179,643 ) BALANCE, DECEMBER 31, ,009,817 $ 70,098,167 $ - $ 1,720,000 $ 290,940 $ 3,609 $ 2,014,549 $ 10,053,920 $ 7,741 $ 5,109,405 $ 15,171,066 $ 1,030,154 $ (719,352 ) $ 122,392 $ (26,185 ) $ (945,802 ) $ 86,744,

198 TABLE 15 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars) CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 5,109,336 $ 907,801 Adjustments to reconcile net income to net cash provided by (used in) operating activities Depreciation and amortization 5,911 6,245 Losses on disposal of properties 2 - Income from on equity investments - equity method, net (5,336,312) (1,466,319) Cash dividends received from investments under equity method 1,488, ,311 Deferred income taxes 35, ,811 Accrued pension cost 2,407 (8,445) Decrease (increase) in receivables 955,388 (23,894) (Decrease) increase in payables (312,216) 144,245 Net cash provided by (used in) operating activities 1,948,267 (135,245) CASH FLOWS FROM INVESTING ACTIVITIES Increase in securities purchased under agreements to resell (700,000) - Increase in equity investments - equity method (1,665,000) (5,533,643) Cash returned on cancellation of equity investments - equity method 60,000 60,000 Proceeds from sale of in equity investments - equity method - 3,873,675 Acquisition of intangible assets (105) (65) Acquisition of properties (551) - Decrease in other financial assets 2,360 4,031 (Increase) decrease in other assets (7,659) 301 Net cash used in investing activities (2,310,955) (1,595,701) CASH FLOWS FROM FINANCING ACTIVITIES Increase in commercial paper payable 300, ,597 (Decrease) increase in short-term borrowings (1,130,000) 620,000 Increase in long-term borrowings 2,002,586 2,586 Decrease in other liabilities - (2,790) Issuance of preferred stocks - 420,000 Cash dividends (809,211) - Cash received from employees by exercising stock options 112, ,703 Net cash provided by financing activities 476,439 1,841,096 INCREASE IN CASH AND CASH EQUIVALENTS 113, ,150 CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 152,908 42,758 CASH AND CASH EQUIVALENTS, END OF YEAR $ 266,659 $ 152,908 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Interest paid $ 61,669 $ 46,065 Income tax paid $ 78,609 $ 101,

199 TABLE 16-1 Bank SinoPac and Its Subsidiaries Condensed Consolidated Balance Sheets December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars) Assets Liabilities Cash and cash equivalents $ 11,425,452 $ 17,902,816 Call loans and due to banks $ 64,798,201 $ 44,804,007 Due from the Central Bank and other Short-term borrowings 927, ,005 banks 84,493,342 81,685,850 Financial liabilities at fair value 9,507,112 8,637,007 Financial assets at fair value through through profit or loss profit or loss 27,283,956 18,328,462 Securities sold under agreements to 3,067,453 1,598,045 Securities purchased under agreements repurchase to resell 1,152,479 - Accounts, interest and other payables 14,670,729 23,369,546 Accounts, interest and other Deposits and remittances 949,729, ,895,611 receivables, net 41,872,770 51,349,306 Bank debentures 30,121,486 27,129,563 Discounts and loans, net 716,169, ,778,593 Other financial liabilities 3,936,790 9,851,997 Available-for-sale financial assets, net 38,193,924 38,665,334 Other liabilities 3,174,194 3,412,993 Held-to-maturity investments, net 200,564, ,824,927 Total liabilities 1,079,932, ,345,774 Other financial assets, net 5,646,286 8,461,570 Properties, net 8,948,931 9,148,490 Stockholders equity Intangible assets 1,471,806 1,562,369 Other assets 8,664,344 8,997,772 Capital stock 49,550,469 48,218,469 Capital surplus 9,206,818 8,873,818 Retained earnings 7,145,386 5,079,036 Equity adjustments 52, ,392 Total stockholders equity 65,955,472 62,359,715 Total $ 1,145,887,728 $ 1,055,705,489 Total $ 1,145,887,728 $ 1,055,705,489 Bank SinoPac and Its Subsidiaries Condensed Consolidated Statements of Income Years Ended December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars, Except Earnings Per Share) Interest revenue $ 20,372,704 $ 21,410,883 Interest expense 6,972,084 9,851,654 Net interest 13,400,620 11,559,229 Net revenues other than interest 6,087,011 6,947,920 Net revenues 19,487,631 18,507,149 Provision for bad debts 4,965,905 6,175,842 Operating expenses 11,034,752 11,028,019 Income before income tax 3,486,974 1,303,288 Income tax benefit 14, ,391 Consolidated income $ 3,501,375 $ 2,084,679 Attributable to: Stockholders of the parent company $ 3,501,375 $ 2,085,157 Minority interests - (478) $ 3,501,375 $ 2,084,679 Pre-tax earnings per share $0.72 $0.29 After tax earnings per share $0.72 $

200 TABLE 16-2 SinoPac Securities and Its Subsidiaries Condensed Consolidated Balance Sheets December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars) Assets Liabilities Current assets $ 69,360,728 $ 58,113,436 Current liabilities $ 51,652,214 $ 40,320,634 Funds and investments 752, ,721 Other liabilities 573, ,185 Properties, net 2,096,811 2,115,180 Total liabilities 52,225,577 40,874,819 Other assets 2,377,400 2,357,094 Securities brokerage accounts, net 18,731 7,503 Stockholders equity Capital stock 13,969,020 13,969,020 Capital surplus 1,842,425 1,842,425 Retained earnings 6,992,370 6,909,710 Equity adjustments (423,576) (123,040) Total stockholders equity 22,380,239 22,598,115 Total $ 74,605,816 $ 63,472,934 Total $ 74,605,816 $ 63,472,934 SinoPac Securities and Its Subsidiaries Condensed Consolidated Statements of Income Years Ended December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars, Except Earnings Per Share) Operating revenues and gains $ 6,914,241 $ 7,310,541 Operating costs, expenses and losses 5,342,244 5,060,741 Operating income 1,571,997 2,249,800 Nonoperating income and gains 162, ,466 Nonoperating expenses and losses 54,787 83,549 Income before income tax 1,679,706 2,408,717 Income tax expense 216, ,977 Consolidated income $ 1,462,851 $ 1,971,740 Attributable to: Stockholders of the parent company $ 1,462,851 $ 1,971,701 Minority interests - 39 $ 1,462,851 $ 1,971,740 Pre-tax earnings per share $1.20 $1.66 After tax earnings per share $1.05 $

201 TABLE 16-3 SinoPac Call Center Co., Condensed Balance Sheets December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars) Assets Liabilities Current assets $ 80,177 $ 145,667 Current liabilities $ 40,440 $ 47,963 Properties, net 20,161 25,493 Intangible assets 5,670 7,646 Stockholders equity Other assets 1,180 1,000 Capital stock 40, ,000 Retained earnings 26,748 31,843 Total stockholders equity 66, ,843 Total $ 107,188 $ 179,806 Total $ 107,188 $ 179,806 SinoPac Call Center Co., Condensed Statements of Income Years Ended December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars, Except Earnings Per Share) Operating revenues and gains $ 243,451 $ 249,187 Operating costs, expenses and losses 218, ,986 Operating income 24,854 40,201 Nonoperating income and expenses 337 (123) Income before income tax 25,191 40,078 Income tax expense 4,248 11,147 Net income $ 20,943 $ 28,931 Pre-tax earnings per share $4.49 $4.01 After tax earnings per share $3.73 $

202 TABLE 16-4 SinoPac Management Corp. Condensed Balance Sheets December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars) Assets Liabilities Current assets $ 77,107 $ 60,095 Current liabilities $ 6,728 $ 12,042 Unquoted equity instruments - 2,894 Other liabilities Properties, net Total liabilities 7,062 12,376 Intangible assets - 21 Other assets Stockholders equity Capital stock 40,000 40,000 Retained earnings 30,423 18,081 Equity adjustments - (6,910) Total stockholders equity 70,423 51,171 Total $ 77,485 $ 63,547 Total $ 77,485 $ 63,547 SinoPac Management Corp. Condensed Statements of Income Years Ended December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars, Except Earnings Per Share) Operating revenues and gains $ 35,715 $ 38,999 Operating costs, expenses and losses 15,470 16,160 Operating income 20,245 22,839 Nonoperating income and gains 13, Nonoperating expenses and losses 6,356 - Income before income tax 27,551 23,062 Income tax expense 5,021 11,742 Income after income tax $ 22,530 $ 11,320 Pre-tax earnings per share $ 6.89 $ 2.71 After tax earnings per share $ 5.63 $

203 TABLE 16-5 SinoPac Venture Capital Corp. and Its Subsidiaries Condensed Consolidated Balance Sheets December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars) Assets Liabilities Current assets $ 1,082,584 $ 1,274,574 Payables $ 11,697 $ 8,821 Financial assets at fair value Other liabilities 52,054 67,080 through profit or loss 59,612 - Total liabilities 63,751 75,901 Available-for-sale financial assets 269, ,001 Unquoted equity instruments 1,508,558 1,328,723 Stockholders equity Equity investments - equity method 60,226 56,445 Properties, net 2,865 3,423 Capital stock 3,000,000 3,000,000 Other assets 58,053 64,351 Retained earnings 72,646 12,593 Equity adjustments (94,917) (84,977) Total stockholders equity 2,977,729 2,927,616 Total $ 3,041,480 $ 3,003,517 Total $ 3,041,480 $ 3,003,517 SinoPac Venture Capital Corp. and Its Subsidiaries Condensed Consolidated Statements of Income Years Ended December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars, Except Earnings Per Share) Operating revenues and gains $ 149,812 $ 65,169 Operating costs, expenses and losses 85, ,508 Operating income (loss) 64,658 (44,339) Nonoperating income and gains 39,211 40,772 Nonoperating expense and losses 48,003 2,866 Income (loss) before income tax 55,866 (6,433) Income tax (expense) benefit 4,187 (3,251) Consolidated net income (loss) $ 60,053 $ (9,684) Attributable to: Stockholders of the parent company $ 60,053 $ (6,014) Minority interest - (3,670) $ 60,053 $ (9,684) Pre-tax earnings per share $0.19 $(0.02) After tax earnings per share $0.20 $(0.03)

204 TABLE 16-6 SinoPac Securities Investment Trust Co., Condensed Balance Sheets December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars) Assets Liabilities Cash and cash equivalents $ 318,374 $ 393,261 Current liabilities $ 104,347 $ 109,409 Accounts receivables 45,329 39,547 Available-for-sale financial assets 54,061 18,783 Stockholders equity Properties 18,176 21,680 Guarantee deposits 146, ,094 Capital stock 334, ,275 Other assets 8,955 8,663 Retained earnings 151, ,820 Equity adjustments 1, Total stockholders equity 487, ,619 Total $ 591,674 $ 587,028 Total $ 591,674 $ 587,028 SinoPac Securities Investment Trust Co., Condensed Statements of Income Years Ended December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars, Except Earnings Per Share) Operating revenues and gains $ 472,183 $ 433,028 Operating costs, expenses and losses 380, ,324 Operating income 91,434 79,704 Nonoperating income and gains 5,356 15,557 Nonoperating expenses and losses Income before income tax 96,715 95,061 Income tax expense 16,494 15,321 Net income $ 80,221 $ 79,740 Pre-tax earnings per share $2.89 $2.84 After tax earnings per share $2.40 $

205 TABLE 16-7 SinoPac Leasing and Its Subsidiaries Condensed Consolidated Balance Sheets December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars) Assets Liabilities Current assets $ 2,513,228 $ 2,743,244 Short-term borrowings $ 6,308,103 $ 3,665,037 Financial assets at fair value Commercial paper payable 1,428,648 1,019,250 through profit or loss 2, Financial liabilities at fair value Discounts and loans, net 4,718,046 1,698,440 through profit or loss 1,546 - Other financial assets, net 5,273,642 5,272,586 Accounts, interest and other Properties, net 3,249,563 3,251,446 payables 149,910 2,742,023 Intangible assets 880 1,840 Long-term borrowings 6,987,426 4,681,844 Other assets 3,185,598 3,060,673 Other financial liabilities 1,258,023 1,264,993 Other liabilities 37,521 16,325 Total liabilities 16,171,177 13,389,472 Stockholders equity Capital stock 2,771,000 2,771,000 Retained earnings 75,981 (150,296) Equity adjustments (74,900) 18,270 Total stockholders equity 2,772,081 2,638,974 Total $ 18,943,258 $ 16,028,446 Total $ 18,943,258 $ 16,028,446 SinoPac Leasing and Its Subsidiaries Condensed Consolidated Statements of Income Years Ended December 31, 2010 and 2009 (In Thousands of New Taiwan Dollars, Except Earnings Per Share) Operating revenues and gains $ 459,340 $ 274,225 Operating costs, expenses and losses 473, ,134 Operating income (14,654) (110,909) Nonoperating income and gains (expenses and losses) 297, ,520 Income before income tax 283, ,611 Income tax expense 56,922 56,080 Consolidated income $ 226,278 $ 138,531 Pre-tax earnings per share $1.47 $0.96 After tax earnings per share $1.15 $

206 TABLE 17 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES SPECIFIC RISK FROM FUTURES DEALING AND FINANCIAL RATIOS, LIMITATIONS AND EXECUTION OF FUTURES COMMISSION MERCHANTS SUBSIDIARY YEARS ENDED DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars, Unless Otherwise Stated) 1. The dealing of futures SinoPac Securities and its subsidiaries, as SinoPac Futures, SinoPac Asia, SinoPac Securities (Asia), and SinoPac Capital pay margin deposits when entering into futures contracts. SinoPac Securities and its subsidiaries also pay the margin deposits for short options contracts. The margin account of SinoPac Securities and its subsidiaries is re-evaluated on the basis of the market prices of the outstanding futures and options contracts. If the margin is less than the maintenance level, SinoPac Securities and its subsidiaries should either deposit additional margin or offset the contracts. For SinoPac Securities and its subsidiaries, there were 472 and 10,980 futures and options contracts outstanding as of December 31, 2010; and 4,784 and 4,642 futures and options contracts outstanding as of December 31, Margin deposits paid amounted to $734,543 and $944,642 as of December 31, 2010 and 2009, respectively. 2. The brokerage of futures Customers pay margin deposits when entering into futures transactions and short options contracts. Customers gain or loss a lot on the leverage resulting from the margin deposits. To protect SinoPac Futures from harm arising from customers huge losses, the margin accounts of customers are re-evaluated daily on the basis of the market prices of the outstanding futures and options contracts. SinoPac Futures will inform customers immediately to put in additional margin deposits when their margin accounts fall below an agreed level (the maintenance margin ). If the customers fail to do so, SinoPac Futures settles their position by offsetting the contracts. As of December 31, 2010 and 2009, the outstanding futures and options held by customers of SinoPac Futures were as follows: December 31 Futures - carrying value $ 12,320,191 $ 10,386,930 - unrealized losses on outstanding contracts 121,255 (335,483) Options - market value of long options 257, ,521 - market value of short options 213, ,726 Customers margin account 7,902,015 6,573,047 (Continued)

207 3. Futures management The term discretionary futures trading means a managed futures enterprise accepting commissions from specified persons, performing analyses and making judgments with regard to futures trading, and on the basis of those analyses and judgments, and executing futures trading operations on behalf of, and with trading funds consigned by the principal. Before engaging in consignments with the Management Department of SinoPac Futures Co. for discretionary futures trading, principles shall to note the characteristics of futures transaction - low margin and high finance-leverage. Due to the characteristics, principals could earn high profits or suffer serious losses. Therefore, principals shall to take their abilities to involve in the transaction into consideration. Discretionary futures trading are not transaction without risk and the Management Department of SinoPac Futures Co. will not guarantee the minimum profitability according to the past trading performance. 4. As of December 31, 2010 and 2009, all financial ratios of SinoPac Securities - future department and SinoPac Futures are summarized as follows: a. SinoPac Securities - future department December 31 Calculation Formula Equation Ratios Benchmark Equation Ratios Benchmark Conclusion a Equities Total liabilities deducted futures trader s equity, default reserve, and futures trading loss reserve $956,691 $11,353 = $1,019,824 $10,964 = Conformity b Current assets Current liabilities $948,408 $10,076 = $1,017,086 $8,994 = Conformity c Equities Minimum paid-in capital $956,691 $400,000 =239% 60% 40% $1,019,824 $400,000 =255% 60% 40% Conformity d Adjusted net capital Amount of customers margin accounts for open position of futures traders $897,551 $66,073 =1,358% 20% 15% $1,008,960 $5,442 =18,540% 20% 15% Conformity b. SinoPac Futures December 31 Calculation Formula Equation Ratios Benchmark Equation Ratios Benchmark Conclusion a Equities Total liabilities deducted futures trader s equity, default reserve, and futures trading loss reserve $1,428,436 $85,597 = $1,515,526 $206,533 = Conformity b Current assets Current liabilities $9,619,391 $8,311,872 = $8,632,096 $7,259,310 = Conformity c Equities Minimum paid-in capital $1,428,436 $715,000 =200% 60% 40% $1,515,526 $715,000 =212% 60% 40% Conformity d Adjusted net capital Amount of customers margin accounts for open position of futures traders $1,425,212 $1,267,804 =112% 20% 15% $1,534,153 $1,177,566 =130% 20% 15% Conformity 5. The management department of SinoPac Futures engaged into discretionary investment services, as of December 31, 2010 and 2009, the multiple of amount of discretionary investment account divided by stockholder s equity is conformity with Regulations Governing Managed Futures Enterprises and is summarized as follows: December 31, 2010 December 31, 2009 Calculation Formula Equation Ratios Equation Ratios Benchmark Amount of discretionary investment account Stockholder s equity $158,355 $88,256 =1.79 $48,355 $95,483 = (Concluded)

208 TABLE 18 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND INVESTEES PUBLIC ANNOUNCEMENTS PRESCRIBED IN FINANCIAL HOLDING COMPANY ACT, ARTICLE 46 DECEMBER 31, 2010 AND 2009 (In Thousands of New Taiwan Dollars, Unless Otherwise Stated) Information regarding the credit extensions, guarantees or other transactions engaged by the Company and its subsidiaries to the same person, the same related person or the same affiliate as of December 31, 2010 and 2009 was summarized as follows: December 31, 2010 Aggregate Amount of Credit % of Extensions, Financial Guarantees Holding or Other Company s Name Transactions Net Worth To the same person: Client A $ 222,370, % Client B 16,450, % Client C 8,800, % Client D 8,200, % Client E 6,882, % Client F 6,300, % Client G 5,765, % Client H 5,000, % Client I 4,904, % Client J 4,803, % Client K 4,174, % Client L 4,066, % Client M 3,597, % To the same affiliate: Formosa Petrochemical and related enterprise 15,589, % Hon Hai Precision Industry Co., and related enterprise 14,851, % DELL COM and related enterprise 8,397, % AU Optronics and related enterprise 7,705, % Quanta Computer Inc. and related enterprise 6,490, % Sunrider International and related enterprise 5,765, % China Metal Products Co., and related enterprise 5,617, % Evergreen Marine and related enterprise 5,145, % Hung Sheng Construction Co., and related enterprise 5,063, % Kinpo Electronic Inc. and related enterprise 4,948, % Kbro Surf Co., and related enterprise 4,890, % Chinatrust Financial Holding Co., and related enterprise 4,037, % Lien Hwa Industrial and related enterprise 3,991, % Yulon Motor Co., and related enterprise 3,650, % Wei Chuan Food and related enterprise 3,522, % (Continued)

209 December 31, 2010 Aggregate Amount of Credit % of Extensions, Financial Guarantees Holding or Other Company s Name Transactions Net Worth Top Victory Electronics (Taiwan) Co., and related enterprise $ 3,385, % Walsin Lihwa and related enterprise 3,173, % Taiwan Cement and related enterprise 3,104, % December 31, 2009 Aggregate Amount of Credit % of Extensions, Financial Guarantees Holding or Other Company s Name Transactions Net Worth To the same person: Client A $ 142,750, % Client B 11,449, % Client C 9,999, % Client D 8,981, % Client E 7,738, % Client F 7,400, % Client G 5,800, % Client H 4,641, % Client I 4,500, % Client J 3,246, % To the same affiliate: Formosa Petrochemical and related enterprise 16,179, % DELL COM and related enterprise 14,904, % EVA Airways and related enterprise 7,015, % Hon Hai Precision Industry Co., and related enterprise 6,353, % AU Optronics and related enterprise 6,104, % Chi Mei Optoelectronics and related enterprise 5,908, % Sunrider International and related enterprise 5,800, % Chinatrust Financial Holding Company and related enterprise 5,323, % Compal Electronics, Inc. and related enterprise 5,251, % Far Eastern New Century and related enterprise 4,989, % China Aviation Development Foundation and related enterprise 4,725, % Hong Yung Architecture Co. and related enterprise 4,320, % Uni-President Enterprises Corp. and related enterprise 3,855, % Taiwan High Speed Rail and related enterprise 3,154, % Yulon Motor Co., and related enterprise 3,126, % China Metal Products Co., and related enterprise 3,000, % Pursuant to Article 46 of Financial Holding Company Act, the above information announced by the Company was summarized and calculated by the relevant accounts or transaction balances as of December 31, 2010 and 2009 provided by the Company and its subsidiaries. (Concluded)

210 TABLE 19 SINOPAC FINANCIAL HOLDINGS COMPANY LIMITED AND SUBSIDIARIES INFORMATION OF INVESTMENT IN MAINLAND CHINA YEAR ENDED DECEMBER 31, 2009 (In Thousands of New Taiwan Dollars, Unless Otherwise Stated) Investee Company Main Businesses and Products Total Amount of Paid-in Capital Method of Investment Accumulated Outflow of Investment from Taiwan as of January 1, 2010 Outflow Investment Flows Inflow Accumulated Outflow of Investment from Taiwan as of December 31, 2010 Percentage of Ownership Equity in the Earnings (Losses) (Note 1) Carrying Value (Note 1) Accumulated Inward Remittance of Earnings Yangzhou Yingdi Car Material Industrial Co., Auto radiator parts US$ 17,650 thousand Investment in Mainland China companies through an existing company established in a third region $ - US$ 397 thousand $ - US$ 397 thousand 1.70 $ - US$ 397 thousand $ - Yangzhou Yingrui Auto Air-conditioning Technology Industrial Co., Auto radiator parts US$ 19,800 thousand Investment in Mainland China companies through an existing company established in a third region - US$ 2,403 thousand - US$ 2,403 thousand US$ 2,403 thousand - Yangzhou Yingrui Automotive Materials Co., Auto radiator parts US$ 9,000 thousand Investment in Mainland China companies through an existing company established in a third region - US$ 200 thousand - US$ 200 thousand US$ 200 thousand - Yangzhou Yingrui Automobile Sales Co., Auto radiator parts US$ 3,000 thousand Investment in Mainland China companies through an existing company established in a third region - US$ 51 thousand - US$ 51 thousand US$ 51 thousand - Nanjing Changxun Information Technology Co., Computer system integrate and data processing US$ 500 thousand Investment in Mainland China companies through an existing company established in a third region - US$ 4 thousand - US$ 4 thousand US$ 4 thousand - Shanghai Wangwei Management Consulting Co., Management advisory US$ 850 thousand US$ 13,897 thousand Investment in Mainland China companies through an existing company established in a third region US$ 291 thousand - US$ 1,980 thousand - - US$ 291 thousand - US$ 1,980 thousand US$ 291 thousand US$ 1,980 thousand - - Accumulated Investment in Mainland China as of December 31, 2010 $155,272 (US$5,326 thousand) Investment Amounts Authorized by Investment Commission, MOEA $155,272 (US$5,326 thousand) Upper Limit on Investment $52,046,993 Note 1: The amount of gain on investment recognized and the value of investment presented for the year ended December 31, 2010 have not been reviewed by the public accountant

211 TABLE 20 SINOPAC SECURITIES (CAYMAN) HOLDINGS LIMITED BALANCE SHEETS DECEMBER 31, 2010 AND 2009 (In U.S. Dollars) ASSETS Amount % Amount % CURRENT ASSETS Cash $ 457,552 - $ 8,156,714 7 Other receivables 41-2,439 - Total current assets 457,593-8,159,153 7 LONG-TERM EQUITY INVESTMENTS UNDER THE EQUITY METHOD 120,416, ,234, PROPERTY, PLANT AND EQUIPMENT Equipment 143, ,164 - Less: Accumulated depreciation (143,164) - (143,164) - Total property, plant and equipment TOTAL $ 120,874, $ 120,394, LIABILITIES AND STOCKHOLDERS EQUITY CURRENT LIABILITIES Other payables $ 1,046 - $ STOCKHOLDERS EQUITY Capital stock 87,752, ,752, Capital surplus 4,214, ,214,027 4 Retained earnings 28,904, ,145, Cumulative translation adjustments 1, ,447 - Total stockholders equity 120,873, ,393, TOTAL $ 120,874, $ 120,394,

212 TABLE 21 SINOPAC ASIA LIMITED BALANCE SHEETS DECEMBER 31, 2010 AND 2009 (In U.S. Dollars) ASSETS Amount % Amount % CURRENT ASSETS Cash $ 9,945, $ 13,998, Financial assets at fair value through profit or loss - current 10,148, ,220, Other receivables 102, ,281 - Other current assets 41,493-34,335 - Total current assets 20,238, ,259, OTHER ASSETS Deferred charges 13,021-30,104 - TOTAL $ 20,251, $ 20,289, LIABILITIES AND STOCKHOLDERS EQUITY CURRENT LIABILITIES Other payables $ 4,252 - $ 3,518 - STOCKHOLDERS EQUITY Capital stock 6,000, ,000, Retained earnings 14,246, ,286, Total stockholders equity 20,246, ,286, TOTAL $ 20,251, $ 20,289,

213 TABLE 22 SPS ASSET MANAGEMENT LIMITED BALANCE SHEETS DECEMBER 31, 2010 AND 2009 (In H.K. Dollars) ASSETS Amount % Amount % CURRENT ASSETS Cash $ 59,089, $ 126,988, Financial assets at fair value through profit or loss - current 178,271, ,873, Accounts receivable 4,636, ,884,466 1 Other receivable ,560,000 9 Other current assets 12,636-65,185 - Total current assets 242,010, ,371, OTHER ASSETS Guarantee deposits 15,463-13,574 - TOTAL $ 242,025, $ 531,385, LIABILITIES AND STOCKHOLDERS EQUITY CURRENT LIABILITIES Bonds sold under repurchase agreements $ 168,469, $ 392,959, Accounts payable 19,868, ,720, Other payables 552, ,229 - Total liabilities 188,890, ,387, STOCKHOLDERS EQUITY Capital stock 38,750-38,750 - Retained earnings 53,096, ,959,323 8 Total stockholders equity 53,134, ,998,073 8 TOTAL $ 242,025, $ 531,385,

214 TABLE 23 SINOPAC SECURITIES (CAYMAN) HOLDINGS LIMITED STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009 (In U.S. Dollars) Amount % Amount % REVENUES AND GAINS Investment income recognized under the equity method $ 759, $ 3,847, Nonoperating revenues and gains 6, ,716 4 Total revenues and gains 766, ,999, EXPENSES Operating expenses 6, ,237 - NET INCOME $ 759, $ 3,992,

215 TABLE 24 SINOPAC ASIA LIMITED STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009 (In U.S. Dollars) Amount % Amount % REVENUES Gains on sales of securities - dealing $ 47, $ 423, Interest income 220, , Nonoperating revenues and gains 45, , Total revenues and gains 314, , COSTS AND EXPENSES Losses from valuation of operating securities 131, ,157 6 Interest expenses ,690 1 Losses from futures transactions 20, , Exchange clearing expenses - futures 3, ,206 4 Operating expenses 187, , Nonoperating expenses and losses 10, Total costs and expenses 353, , NET INCOME (LOSS) $ (39,134) (12) $ 278,

216 TABLE 25 SPS ASSET MANAGEMENT LIMITED STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009 (In H.K. Dollars) Amount % Amount % REVENUES Commissions and fees - brokerage $ 2,146, $ 6,590, Gains on sales of securities - dealing 552, Gains from valuation of operating securities - - 9,893, Other operating income 10,844, ,798, Nonoperating revenues and gains 105, ,408 - Total revenues and gains 13,649, ,416, COSTS AND EXPENSES Commissions and fees - brokerage 1,306, ,784, Loss on sales of securities - dealing - - 4,836, Interest expenses 2,655, ,679, Operating expenses 1,550, ,196,360 4 Total costs and expenses 5,512, ,497, NET INCOME $ 8,136, $ 13,919,

217 TABLE 26 SINOPAC SECURITIES (CAYMAN) HOLDINGS LIMITED SECURITIES HELD DECEMBER 31, 2010 (In U.S. Dollars, Unless Stated Otherwise) Securities Type and Issuer Name Security Issuer s Relationship with the Holding Company Financial Statement Account Shares December 31, 2010 Percentage of Carrying Value Ownership Net Worth (Note) Note Stock SinoPac Securities (Europe) Subsidiary Equity investments - equity method 2,000,000 $ 1,994, $ 1,994,438 SinoPac Securities (Asia) Subsidiary Equity investments - equity method 51,000 81,290, ,290,094 SinoPac Futures (Asia) Subsidiary Equity investments - equity method 10,000,000 2,469, ,469,441 SinoPac Capital (Asia) Subsidiary Equity investments - equity method 30,000,000 4,054, ,054,244 SinoPac Asset Management (Asia) Subsidiary Equity investments - equity method 10,000,000 10,361, ,784,535 SinoPac Asia Limited Subsidiary Equity investments - equity method 6,000,000 20,246, ,246,973 Note: The investees financial statements as of and for the year ended December 31, 2010 were based on investees audited financial statements

218 TABLE 27 SINOPAC ASIA LIMITED SECURITIES HELD DECEMBER 31, 2010 (In U.S. Dollars, Unless Stated Otherwise) Securities Type and Issuer Name Security Issuer s Relationship with the Holding Company Financial Statement Account Units/Par Value December 31, 2010 Carrying Value Market Value (Note) Note Corporate bonds KOREA WATER RESOURCES CORP. None Financial assets at fair value through profit or loss - current $ 2,500,000 $ 2,494,650 $ 2,494,650 KOREA EAST-WEST POWER CO. None Financial assets at fair value through profit or loss - current 2,000,000 2,024,180 2,024,180 FUBON BANK HONG KONG LTD. None Financial assets at fair value through profit or loss - current 1,500,000 1,523,025 1,523,025 PCCW-HKT CAP None Financial assets at fair value through profit or loss - current 1,100,000 1,153,669 1,153,669 BMW FINANCE None Financial assets at fair value through profit or loss - current 1,000,000 1,003,250 1,003,250 SHNHAN BANK None Financial assets at fair value through profit or loss - current 600, , ,672 OVERSEA-CHINESE BANKING None Financial assets at fair value through profit or loss - current 500, , ,240 Note: Market value was calculated at the closing price on December 31,

219 TABLE 28 SPS ASSET MANAGEMENT LIMITED SECURITIES HELD DECEMBER 31, 2010 (In H.K. Dollars, Unless Stated Otherwise) Securities Type and Issuer Name Security Issuer s Relationship with the Holding Company Financial Statement Account Units/Par Value December 31, 2010 Carrying Value Market Value (Note) Note Beneficiary certificates NAM Short-term Fixed Income Fund None Financial assets at fair value through profit or loss - current 534,509 $ 64,168,026 $ 64,168,026 NAM PRSF - Asteroids Fund None Financial assets at fair value through profit or loss - current 1,454, ,103, ,103,896 Note: Market value was calculated at the net worth on the last trading day in December

220 TABLE 29 SINOPAC ASIA LIMITED DERIVATIVE TRANSACTIONS AND THE SOURCE OF CAPITAL FOR THE YEARS ENDED DECEMBER 31, 2010 AND Futures a. The objective of using futures and related strategies to achieve the objective: SinoPac Asia Limited uses futures contracts for trading purposes to increase the investment the instruments, aggressively develop various services and heighten working capital efficiency. b. Contract amount, fair value and gains (losses) from futures transactions As of December 31, 2010 and 2009, SinoPac Asia has margin deposit of US$796,103 and US$242,464, respectively, no future positions are outstanding as of December 31, 2010 and 2009, Gains (losses) for the years ended December 31, 2010 and 2009 are summarized as follows: In U.S. Dollars Years Ended December 31 Non-hedging and realized $ (20,563) $ (160,997) SinoPac Asia Limited used its own capital for the above derivative transactions