Taipei, 3 January 2022, SYNNEX Technology International Corp (TWSE:2347) announces NT$1.5 billion sustainability-linked loan agreement signed with MUFG Bank. The three-year loan upholds the spirit of ESG and will be used for economic activities and growth that support the sustainable development of the environment and society. The loan agreement sets annual goals for indicators that were evaluated by PwC to be in compliance with sustainability principles, so that SYNNEX maintains low carbon operations and effectively communicates and interacts with users. The interest rate is lowered when goals are achieved to support the vision of sustainable development.

　　SYNNEX publishes a sustainability report on an annual basis, and is the first electronics distributor in Taiwan to follow recommendations of the TCFD (Task Force on Climate-Related Financial Disclosures) when preparing its sustainability report. It is also the only distributor to be recognized as one of the Best Taiwan Global Brands for 19 consecutive years. Kim Lin, CFO of SYNNEX, said that SYNNEX continues to consciously work towards and is committed to ensuring long-term and sustainable development. The sustainability-linked loan from MUFG Bank is linked to energy conservation and customer satisfaction, and will be used to support SYNNEX's continued implementation and efforts towards sustainable development goals.

　　Mr. Randy Hung, Head of Global Corporate Banking for MUFG Taiwan, said: “It has indeed been a privilege for MUFG to embark on this latest collaboration with SYNNEX, where we jointly pledge our commitment towards promoting sustainable growth for our organisations as well as for the community. This partnership has also further demonstrated MUFG’s market leading ESG financing capabilities, which we will no doubt put to greater use on behalf of our clients and for Taiwan’s long-term development. MUFG has leveraged its vast experience in financing renewable energy projects in support of Taiwan’s fulfilment of its green energy policy.”