TAIWAN CAPITAL MARKETS LEAGUE TABLES Q1 2020 Q1 2020 MANAGER RANKINGS TAIWAN CAPITAL MARKETS The Bloomberg Capital Markets Tables represent the top arrangers, bookrunners and advisors across a broad array of deal types including loans, bonds, equity and M&A transactions; according to Bloomberg standards. LEAG<GO> for a full range of league tables MA<GO> for a full range of merger & acquisition tables NI LEAG CRL<GO> or http://www.bloomberg.com/ for a full range of market-specific league table publications Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg Professional Service. DATA SUBMISSIONS AND QUERIES Contact Phone Email Equities Siying He +86 21 6055 3524 [email protected] Fixed Income Sheng Chiu +886 2 7719 1467 [email protected] Loans Jewel Ho +852 2293 1498 [email protected] © 2020 Bloomberg Finance L.P. All rights reserved. Bloomberg Taiwan Capital Markets | Q1 2020 Taiwan Bonds: Industry Breakdown Taiwan Bonds 20% Q1 2020 Q1 2019 Mkt Volume (TWD Deal Prev Prev Mkt Mkt Share 58% Firm Rank Share(%) Mln) Count Rank Share(%) Chg(%) 21% Yuanta Securities 1 22.781 26,400 13 2 15.295 7.486 KGI Securities 2 21.745 25,200 9 4 6.729 15.016 Masterlink Securities 3 11.735 13,600 7 3 7.464 4.271 SinoPac Financial Holdings 4 8.888 10,300 8 10 4.224 4.664 Hua Nan Securities 5 6.903 8,000 6 18 2.171 4.732 Financials 58% HSBC 6 3.797 4,400 2 - - 3.797 Communications 21% KGI Bank 7 3.710 4,300 1 - - 3.710 Technology 20% Mega Financial Holding 8 3.624 4,200 5 5 5.660 -2.036 Others 2% Taishin Financial Holding Co Ltd 9 3.452 4,000 3 7 4.709 -1.257 Fubon Securities 10 3.193 3,700 3 9 4.642 -1.449 Fubon Financial Holding 11 2.157 2,500 1 12 2.738 -0.581 Taiwan Bonds: Manager Rankings History Jih Sun Securities Co Ltd 12 1.898 2,200 2 13 2.688 -0.790 Capital Securities Corp 13 1.294 1,500 4 6 5.594 -4.300 2020 2019 2018 55 Taiwan Cooperative Securities Co 14 0.949 1,100 4 8 4.692 -3.743 Ltd 40 ) % ( Hua Nan Financial Holdings Co 15 0.863 1,000 1 16 2.505 -1.642 e r a h Ltd S t e k r E.Sun Commercial Bank 16 0.604 700 1 17 2.187 -1.583 a 20 M Sunny Bank 17 0.518 600 3 26 0.267 0.251 President Securities 18 0.431 500 3 19 1.252 -0.821 0 s s s s s First Securities Inc 19 0.421 488 3 24 0.334 0.087 e e e g e C ti ti ti n ti B ri ri ri i ri S u u u ld u H c c c o c e e e H e Horizon Securities Co Ltd 20 0.345 400 2 25 0.301 0.044 S S S l S a I k ia n t G n c a n K li n a r a N u te n a Y s i u TOTAL 100% 115,888 29 100% a F H c M a P o in S This table consists of debt securities denominated in Taiwanese Dollars, with market type "Domestic" or "Domestic MTN". This excludes asset- backed securities, bonds with warrants, convertible securities, and credit-linked notes. There is a minimum threshold of 12 months for maturities, call or put periods and USD 50MM minimum amount for self-led securities. Please see League Table Standards and Guidelines for further details. Bloomberg League Table Reports Page 1 Bloomberg Taiwan Capital Markets | Q1 2020 Taiwan International Bonds: Industry Breakdown Taiwan International Bonds 5% Q1 2020 Q1 2019 26% Mkt Volume (USD Deal Prev Prev Mkt Mkt Share Firm Rank Share(%) Mln) Count Rank Share(%) Chg(%) 69% KGI Securities 1 14.405 2,894 16 4 5.715 8.690 Morgan Stanley 2 11.877 2,386 8 - - 11.877 BNP Paribas 3 10.719 2,154 4 6 4.365 6.354 Deutsche Bank 4 9.823 1,974 4 1 24.921 -15.098 E.Sun Commercial Bank 5 9.179 1,844 27 7 3.989 5.190 Financials 69% Cathay United Bank 6 7.216 1,450 13 9 1.790 5.426 Communications 26% Standard Chartered Bank 7 5.437 1,092 3 2 23.208 -17.771 Others 5% Yuanta Securities 8 5.163 1,037 14 8 3.979 1.184 Citi 9 4.933 991 2 - - 4.933 CTBC Financial Holding 10 4.881 981 6 - - 4.881 Taiwan International Bonds: Manager Rankings History HSBC 11 4.218 848 3 5 5.084 -0.866 Masterlink Securities 12 2.736 550 9 12 0.387 2.349 2020 2019 2018 25 Societe Generale 13 2.344 471 5 18 0.084 2.260 ANZ Banking Group 14 1.493 300 1 - - 1.493 20 ) % ( Credit Agricole CIB 14 1.493 300 1 2 23.208 -21.715 e r 15 a h S Taishin Financial Holding Co 16 1.410 283 5 14 0.221 1.189 t e k 10 r Ltd a M SinoPac Financial Holdings 17 1.004 202 8 14 0.221 0.783 5 Capital Securities Corp 18 0.767 154 2 - - 0.767 0 s y s k k k Fubon Financial Holding 19 0.402 81 2 10 1.580 -1.178 ie le a n n n it n ib a a a r a r B B B u t a e l d c S P h ia e e n c c it S a P s r n Bank of Taiwan 20 0.257 52 3 18 0.084 0.173 I g N t e G r B u m U K o e y M D m a o th C a TOTAL 100% 20,093 78 100% n u C .S E This table consists of debt & preferred securities denominated in non-Taiwanese Dollar and listed on the Taipei exchange. This excludes asset- backed securities, bonds with warrants, convertible securities, and structured notes. There is a minimum threshold of 12 months for maturities, call or put periods, and USD 50MM minimum amount for self-led securities. Please see League Table Standards and Guidelines for further details. Bloomberg League Table Reports Page 2 Bloomberg Taiwan Capital Markets | Q1 2020 Taiwan International Bonds (TSA): Industry Breakdown Taiwan International Bonds (TSA Disclosed Amounts) 5% Q1 2020 Q1 2019 26% Mkt Volume (USD Deal Prev Prev Mkt Mkt Share Firm Rank Share(%) Mln) Count Rank Share(%) Chg(%) 69% KGI Securities 1 14.665 2,947 23 3 5.107 9.558 BNP Paribas 2 13.236 2,660 4 6 2.929 10.307 Deutsche Bank 3 10.802 2,170 4 1 67.105 -56.303 E.Sun Commercial Bank 4 8.934 1,795 35 4 5.008 3.926 Cathay United Bank 5 7.634 1,534 20 10 1.437 6.197 Financials 69% Yuanta Securities 6 6.608 1,328 23 2 5.824 0.784 Communications 26% Citi 7 5.176 1,040 2 - - 5.176 Others 5% Standard Chartered Bank 8 4.912 987 3 7 2.481 2.431 Morgan Stanley 9 4.725 949 8 - - 4.725 Masterlink Securities 10 4.429 890 11 12 0.608 3.821 Taiwan International Bonds (TSA): Manager Rankings CTBC Financial Holding 11 3.843 772 9 - - 3.843 History Taishin Financial Holding Co 12 3.171 637 13 8 1.801 1.370 Ltd 2020 2019 2018 70 HSBC 13 2.548 512 3 5 3.227 -0.679 60 SinoPac Financial Holdings 14 1.865 375 16 14 0.497 1.368 ) % ( Capital Securities Corp 15 1.608 323 4 - - 1.608 e r a 40 h S Fubon Financial Holding 16 1.261 253 7 9 1.627 -0.366 t e k r KGI Bank 17 1.107 222 5 - - 1.107 a M 20 ANZ Banking Group 18 0.995 200 1 - - 0.995 Societe Generale 19 0.923 185 5 20 0.024 0.899 0 s s k k k s e a n n n e President Securities 20 0.456 92 5 16 0.221 0.235 ti b a a a ti ri ri B B B ri u a l u c P e a d c e h i te e S P c rc i S TOTAL 100% 20,093 78 100% I N ts e n G B u U ta e m y n K D m a a o th u C a Y n u C .S This table consists of debt & preferred securities denominated in non-Taiwanese Dollar and listed on the Taipei exchange. This excludes asset- E backed securities, bonds with warrants, convertible securities, and structured notes. There is a minimum threshold of 12 months for maturities, call or put periods, and USD 50MM minimum amount for self-led securities. Please see League Table Standards and Guidelines for further details. Bloomberg League Table Reports Page 3 Bloomberg Taiwan Capital Markets | Q1 2020 Taiwan Equity & Equity Linked: Industry Breakdown Taiwan Equity & Equity Linked 7% 10% Q1 2020 Q1 2019 40% 13% Mkt Volume (TWD Deal Prev Prev Mkt Mkt Share Firm Rank Share(%) Mln) Count Rank Share(%) Chg(%) KGI Securities 1 38.810 4,524 6 2 16.515 22.295 31% Horizon Securities Co Ltd 2 10.294 1,200 1 - - 10.294 Waterland Securities Co Ltd 2 10.294 1,200 3 10 2.137 8.157 Fubon Securities 4 9.562 1,115 3 4 5.711 3.851 Capital Securities Corp 5 4.402 513 2 6 2.373 2.029 Industrials 40% Taishin Financial Holding Co Ltd 6 3.457 403 6 9 2.202 1.255 Technology 31% Grand Fortune Securities Co 7 2.946 343 2 5 4.543 -1.597 Financials 13% Cathay Securities Corp 8 2.574 300 1 - - 2.574 Consumer Discretionary 10% CTBC Financial Holding 8 2.574 300 1 3 6.825 -4.251 Health Care 7% First Securities Inc 8 2.574 300 1 - - 2.574 Others 0% Yuanta Securities 8 2.574 300 1 1 53.840 -51.266 SinoPac Financial Holdings 12 2.522 294 3 8 2.245 0.277 E.Sun Financial Holding Co Ltd 13 2.145 250 1 - - 2.145 Taiwan Equity & Equity Linked: Manager Rankings History Hua Nan Securities 14 1.517 177 2 - - 1.517 Mega Financial Holding 15 1.374 160 2 13 0.289 1.085 2020 2019 2018 40 Jih Sun Securities Co Ltd 16 1.048 122 1 11 0.652 0.396 Taiwan Cooperative Securities Co 17 0.502 58 1 7 2.288 -1.786 30 ) % ( Ltd e r a h President Securities 18 0.330 38 1 - - 0.330 S 20 t e k r Taichung Commercial Bank 19 0.257 30 1 15 0.035 0.222 a M Masterlink Securities 20 0.244 28 1 12 0.311 -0.067 10 TOTAL 100% 11,657 40 100% 0 s d d s p d e t t e r t ti L L ti o L ri o o ri C o u C C u s C c c e e s s e ti g This table consists of equity & equity-linked securities issuedby Taiwanese issuers.