Sanshang Catering Announces Acquisition of Usage Rights for Assets from Related Party

1. Name and Nature of the Target Item (e.g., Land located in XX section, XX district, Taichung City):
Floors 2, 5, 6, 17, 18 covering a total area of 1005.78 ping, and basement levels 2 and ground level 1 with a total of 17 parking spaces at No. 145, Section 2, Jianguo North Road, Zhongshan District, Taipei City.
2. Date of Fact Occurrence: 115/4/20 ~ 115/4/20
3. Date of Board of Directors Approval: April 20, 115 (Republic of China calendar)
4. Date of Other Approval: N/A
5. Quantity per Unit, Unit Price, and Total Transaction Amount:
Total Area: Approx. 1,005.78 ping
Unit Price: NT$1,839 per ping
Total Transaction Amount: NT$69,922,548
Amount for Usage Rights: NT$64,816,860
6. Trading Counterparty and Relationship with the Company (If the trading counterparty is a natural person and not a related party of the company, their name may be omitted):
Trading Counterparty: Samson Information Co., Ltd.
Relationship with the Company: Related Party
7. If the trading counterparty is a related party, also announce the reason for selecting the related party as the trading object, the previous owner, the relationship between the previous owner, the company, and the trading counterparty, the date of the previous transfer, and the transfer amount:
Reason for selecting the related party as the trading object: Continuation of lease at the original site.
Previous owner, relationship between the previous owner, the company, and the trading counterparty, date of previous transfer, and transfer amount: N/A
8. If the owner of the transaction target has been a related party of the company within the last five years, announce the date of acquisition and disposal, price, and relationship with the company at the time of the transaction:
N/A
9. Estimated Profit (or Loss) from Disposal (Not applicable for asset acquisition) (Deferred items should be listed):
N/A
10. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements:
Delivery or Payment Terms: Monthly payment, NT$1,942,293 per month (including tax and management fees)
Lease Period: April 1, 115 ~ March 31, 118 (Republic of China calendar)
Contractual Restrictions and Other Important Agreements: None
11. Method of Decision for this Transaction (e.g., bidding, price comparison, or negotiation), Reference Basis for Price Determination, and Decision-Making Unit:
Reference Basis: Bilateral negotiation
Decision-Making Unit: Board of Directors
12. Name of Professional Appraiser or Company and Appraised Amount:
N/A
13. Name of Professional Appraiser:
N/A
14. License Number of Professional Appraiser:
N/A
15. Is the appraisal report a limited price, specific price, or special price?: No or N/A
16. Is the appraisal report not yet obtained?: No or N/A
17. Reason for not yet obtaining the appraisal report:
N/A
18. If there is a significant difference in the appraisal result, the reason for the difference and the accountant's opinion:
N/A
19. Name of Accounting Firm:
N/A
20. Name of Accountant:
N/A
21. License Number of Accountant:
N/A
22. Broker and Brokerage Fee:
N/A
23. Specific Purpose or Use of Acquisition or Disposal:
To meet operational needs.
24. Opinions of Directors Who Expressed Dissent Regarding This Transaction:
None.
25. Is this transaction a related party transaction?: Yes
26. Date of Supervisor's Approval or Audit Committee's Consent:
April 20, 115 (Republic of China calendar)
27. Is this transaction an acquisition of real estate or its usage rights from a related party?: Yes
28. Price assessed according to Article 16 of the Regulations Governing Acquisitions or Disposals of Assets by Public Companies: N/A
29. If the price assessed according to the previous paragraph is lower than the transaction price, the price assessed according to Article 17 of the Regulations: N/A
30. Date of previous announcement of material information regarding the same event: N/A
31. Other explanatory matters:
None.