Taipei,China

April 2020: (i) Under the special accommodation facility, the monetary authority of Taipei,China (the Bank) will, preliminarily, provide banks with additional funds of a total amount of TWD200 billion and at a rate of one percentage point lower than the policy rate on accommodations with collateral, in order to support credit extensions to SMEs. As of 10 December 2020, the application deadline has been extended to 30 June 2021, and such loans that lenders approved on or after 5 January 2021 would continue to enjoy the facility's preferential interest rates until year-end; (ii) To ensure continued availability of liquidity banks may also use their holdings of the certificates of deposit (CDs) and negotiable certificates of deposit (NCDs) issued by the Bank to request early withdrawal or to take out secured loans; (iii) In case of emergency, the Bank's expanded repo facility, introduced in 2008 at the onset of the global financial crisis, could also be utilized to provide sufficient market access to liquidity; (iv) Under the broadened scope, securities firms and insurance companies are included as eligible counterparties in addition to banks and bills finance companies.

(i) 25 February 2020, Taipei,China's authorities passed the statute for prevention and rehabilitation of severe infectious pneumonia (the Statute). The Statute, which was enacted accordingly, is in response to the recent COVID-19 outbreak and aims to alleviate its impact on the domestic economy and society. The budget connected with the statute is TWD60 billion (approximately USD2 billion); April 2020: (ii) The approved budget connected with the Statute is now TWD210 billion (approximately USD7 billion); (iii) Of the TWD60 billion budget, the authorities will spend TWD19.6 billion in transforming hospitals into isolation venues, establishing quarantine and testing venues for the virus, requisitioning medical materials and allocating funds as subsidies for schools and the transportation industry to battle the virus contagion; (iv) 23 April 2020, The Cabinet allocated the bulk of a special TWD150 billion (USD4.98 billion) budget to revitalizing the domestic economy, which has been hard hit by the COVID-19 coronavirus pandemic. Of the budget, TWD16.5 billion will be used to help fund the economy's health response and recovery efforts amid the COVID-19 pandemic; (v) 8 May 2020, The authorities has given final approval to the TWD150 billion (USD5.02 billion) special budget to finance measures to support the economy amid the global COVID-19 pandemic; (vi) 23 October 2020, The Ministry of Health and Welfare will receive TWD37.36 billion from the new funding for its social welfare programs, including disease prevention; (vii) No amount/estimate: 30 December 2020, CECC announced that it has negotiated with COVID-19 vaccine manufacturers to procure approximately 20 million doses, including 4.76 million doses through COVAX, and 10 million doses from AstraZeneca, and some doses from another vaccine maker, which is still under discussion. The vaccine doses are expected to be delivered as early as March 2021.; (viii) No amount/estimate: 22 July 2021, ordered 36 million doses of Moderna vaccine.; (ix )23 August 2021 Taiwan launched first domestically COVID-19 developed COVID-19.; (x) No amount/estimate: 8 October 2021, 1.1321 million doses of Moderna COVID-19 vaccine purchased by CECC to arrive in Taiwan. (xi) No amount/estimate: 13 October 2021, 1.36 million doses of AstraZeneca COVID-19 vaccine arrive in Taiwan.

(i) 7 February 2020, the authorities implemented entry restrictions and visa control measures; (ii) 15 February 2020, Travelers were required to undergo home quarantine; (iii) 22 June 2020, short-term business travelers are allowed entry and can apply for shortened home quarantine period; (iv) 24 June 2020, CECC announced that entry measures for foreign nationals and Hong Kong, China and Macau, China residents will be relaxed starting 29 June 2020 to meet commercial and trade demand and humanitarian needs; (v) 23 July 2020, The Ministry of Foreign Affairs adjusts entry regulations for foreign nationals requiring them to present a certificate of a negative COVID-19 test taken within 3 working days of boarding the flight and undergo a 14-day home quarantine period; (vi) 26 July 2020, Travelers from the Philippines must undergo COVID-19 testing at airports and observe quarantive measures; (vii) 3 August 2020, The Ministry of Education allows the return of graduating students from outside 19 countries/regions to study in Taipei,China from 22 July 2020; (viii) 19 August 2020, New and current international students enrolled in elementary and secondary schools allowed to enter, as Taipei,China further eased its border restrictions; (ix) 19 November 2020, CECC anounced tougher prevention measures, including a negative COVID-test within 3 days of boarding the flight, which will take effect on 1 December 1 to 28 February 2020; 25 November 2020, Three cases exempted from the testing were announced; (x) 30 December 2020, The CECC announced that beginning 01 January 2021, entry restrictions and quarantine regulations for foreign nationals will be tightened. In addition, beginning 15 January 2021, apart from the original requirement of providing a COVID-19 RT-PCR test report issued within three days of boarding, arriving travelers must also provide proof of the location of their intended quarantine. The CECC will further adjust entry restrictions and quarantine regulations; (xi) 13 January 2021, Travelers with travel history from South Africa or Eswatini in the past 14 days will be required to undergo quarantine at group quarantine facilities after arrival in Taipei, China starting 14 January 2021.; (xii) 15 October 2021, starting October 17, quarantine measures applicable to arrivals from areas under Level 3 travel notice to be restored for travelers with travel history to Israel and Indonesia as the pandemic slows down in the two countries.