Hsiang Wen Hsin Announces Board Resolution to Acquire Real Estate from Related Party

1. Name and nature of the subject property (e.g., land located in Section XX, Subsection XX, North District, Taichung City):
Land: Lot numbers 938, 939, 939-1, 940, and 941, Wendum Segment, Magong City, Penghu County
Buildings: Building numbers 146, 147, 148, and 149, Wendum, Magong City, Penghu County

2. Date of occurrence: June 15, 115 (R.O.C. calendar) ~ June 15, 115

3. Board approval date: June 15, 115 (R.O.C. calendar)

4. Other approval dates: Not applicable

5. Quantity of units (e.g., XX square meters, equivalent to XX ping), unit price, and total transaction amount:
Land area: 3,035.94 square meters, equivalent to 918.37 ping, estimated at NT$177,000 per ping
Building area: 834.17 square meters, equivalent to 252.34 ping, estimated at NT$10,932 per ping
Estimated total transaction amount: NT$165,310,000

6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, name disclosure may be omitted):
Counterparty: Lee Tung-ho (holding 13/20 share of the subject property)
Relationship with the company: Chairman of the company

7. If the counterparty is a related party, state the reason for selecting the related party as the transaction party, the previous transferor, the relationship between the previous transferor and the company and the counterparty, the previous transfer date, and the transfer amount:
Reason: Geographic advantage and scarcity, effectively simplifying the complexity of initial land consolidation
Previous transferor: Penghu No.1 Brewery Co., Ltd.
Relationship between previous transferor and counterparty: None
Previous transfer date: January 7, 108 (R.O.C. calendar)
Previous transfer amount: NT$79,250,000 (13/20 share of the subject property)

8. If the ownership of the subject asset was held by a related party of the company within the past five years, state the date of acquisition and disposal, price, and the relationship with the company at the time of transaction:
Acquisition date: January 7, 108 (R.O.C. calendar)
Price: NT$79,250,000 (13/20 share of the subject property)
Relationship with the company at the time of transaction: Chairman of the company

9. Estimated gain (or loss) on disposal (not applicable for asset acquisition) (if deferred, provide a table showing recognition status):
Not applicable

10. Delivery or payment terms (including payment schedule and amounts), contractual restrictions, and other important agreements:
As per the real estate sales contract

11. Decision method for this transaction (e.g., bidding, comparison, or negotiation), reference basis for price determination, and decision-making unit:
Transaction method: Bilateral negotiation
Pricing basis: Appraisal evaluation report
Decision-making unit: Board of Directors

12. Name of the professional appraiser firm or company and the appraised value:
Huayuan Real Estate Appraiser Office
Appraised value: NT$165,617,930

13. Name of the professional appraiser:
Chen Lien-hsing

14. Appraiser's license number:
(101) Kao-Shi Appraisal No. 000068

15. Whether the appraisal report indicates a limited price, specific price, or special price: No or not applicable

16. Whether the appraisal report has not yet been obtained: No or not applicable

17. Reason for not yet obtaining the appraisal report:
Not applicable

18. If there is a significant difference in the appraisal results, state the reason for the difference and the accountant's opinion:
Not applicable

19. Name of the accounting firm:
Not applicable

20. Name of the accountant:
Not applicable

21. Accountant's license number:
Not applicable

22. Broker and brokerage fees:
Not applicable

23. Specific purpose or use of the acquisition or disposal:
For operational development planning and land consolidation needs

24. Opinion of any director who expressed dissent on this transaction:
None

25. This transaction is a related-party transaction: Yes

26. Date of supervisor approval or audit committee consent:
1. June 15, 115 (R.O.C. calendar)
2. Not applicable (state reason)

27. This transaction involves acquiring real estate or its right-of-use assets from a related party: Yes

28. Valuation price assessed under Article 16 of the “Regulations Governing the Acquisition or Disposal of Assets by Publicly Issued Companies”: Not applicable

29. Valuation price assessed under Article 17 of the same regulations if the price under the previous item is lower than the transaction price: Not applicable

30. Previous date of material information disclosure regarding the same event: Not applicable

31. Other explanatory matters:
None