Green Bond Fact Sheet

Taiwan Business Bank

Date: 18/05/2018

Issue date: 05/01/2018 Maturity date: 05/01/2021 Tenor: 3Issuer Name

Taiwan Business Bank

Amount Issued

TWD1Bn (USD190m)

Country of risk

TaiwanCBI Database

Included

Issuer Type1

Financial Corporate

Bond TypeGreen Bond

Green Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

KPMG

Certification Verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☐ Onshore wind
☒ Offshore wind
☒ Geothermal☒ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐ District heating☐ Electricity grid

☒ Energy storage☒ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emissionvehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Water & wastewater☐ Water distribution☐ Water treatment☒ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Waste management☐ Recycling☒ Waste prevention☒ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingN/ACompany information

Taiwan Business Bank is a Taiwan-based commercial bank. The Bank’s businesses
include corporate finance business, which offers corporate loans, bill discounting,import and export loans, as well as foreign financing services, among others;
personal finance business, which offers personal loans, credit card business, wealthmanagement services, trust services and securities trading, among others; financial
operation business, which offers foreign exchange trading, short term transaction
instrument and bond investment, as well as stock and fund investment; deposit
business, which involves in bankbook deposit, check deposit and others, as well as
electronic finance business, which involves in network banking and telephonebanking services, among others.

Firsts, records andcertifications

UoP is aligned with the green bond requirements set by the Taiwanese
government.

Proceeds description

Proceeds will be allocated to three major areas: 1) renewable energy andtechnology development; 2) energy efficiency and savings using energy storage
equipment, energy monitoring devices, peak demand shift devices and energy
efficiency equipment; and, 3) waste control and management, comprising waste
and wastewater treatment, pollution control, resource recycling and noise control.

Climate Bonds view

The wide range of projects and ambitious allocation programme leads us to believethat this is the start of an initiative to create momentum in clean energy transition
by improving of energy efficiency and pollution control in industry and otherbusiness sectors. We would hope to see more and longer-dated bonds raised tofinance such projects.

Underwriters

Taiwan Business Bank

Deal comments
Credit Rating

twAA- (Taiwan Ratings)

Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign