ACCORDANCE: Announcement of Private Placement of Securities

1. Date of board resolution: 115/05/08
2. Type of private placement securities: Common shares
3. Private placement subscribers and their relationship with the company: Specific individuals will be selected in accordance with Article 43-6, Paragraph 1 of the Securities and Exchange Act and relevant directives. The selection of subscribers is limited to specific individuals who meet the regulations of the competent authority. Currently, the subscribers are tentatively internal personnel and related parties (names as announced in the private placement section of the investment zone on the Market Observation System); strategic investors are not yet determined. The selection of subscribers will be decided by the board of directors, authorized by the shareholders' meeting, based on the situation of securing specific individuals in the future.
4. Number of private placement shares or units: Expected to be 10,179 thousand shares, to be issued once or in installments (not exceeding three times) within the quota of 15% of the total issued common shares.
5. Expected private placement amount: Expected private placement amount is NTD 159,403 thousand.
6. Basis and reasonableness of private placement price determination:
(1) The private placement price shall not be lower than 80% of the higher of the following two calculation bases: (a) the simple arithmetic average of the closing prices of common shares over the one, three, or five business days prior to the pricing date (whichever is chosen), after deducting ex-rights and ex-dividend adjustments for stock dividends and cash dividends, and adding back ex-right adjustments for capital reduction; or (b) the simple arithmetic average of the closing prices of common shares over the thirty business days prior to the pricing date, after deducting ex-rights and ex-dividend adjustments for stock dividends and cash dividends, and adding back ex-right adjustments for capital reduction. The actual pricing date and actual private placement price will be decided by the board of directors or the chairman, authorized by the shareholders' meeting, within the range of the resolution percentage, based on the situation of securing specific individuals in the future.
(2) If the subscription price is lower than the par value due to market factors in the future, it is deemed reasonable as it has been determined in accordance with legal pricing bases and reflects market conditions. If this results in an increase in accumulated losses affecting shareholders' equity, the company will handle it through capital reduction, earnings, or capital surplus to offset losses, depending on the company's operations and market conditions.
7. Use of private placement funds: The company will proceed once or in installments (not exceeding three times), depending on market conditions and the situation of securing specific individuals. The private placement funds will be used to repay bank loans to strengthen the financial structure and introduce long-term strategic partners. This is expected to increase profitability, reduce costs, improve operational efficiency, expand market scale, enhance corporate competitiveness, and promote stable corporate growth, thereby positively benefiting shareholders' equity. The estimated private placement amount is NTD 159,403 thousand (the private placement price will be determined after the shareholders' meeting resolution). Based on the company's current average borrowing interest rate of 2.441%, an estimated annual interest expense saving of approximately NTD 3,891 thousand is expected, which is considered reasonable.
8. Reasons for not adopting public offering: Compared to public offerings, the three-year transfer restriction on privately placed securities can better ensure a long-term cooperative relationship between the company and strategic investment partners. Considering the timeliness of fundraising, the company decided to issue common shares via private placement instead of a public offering.
9. Objections or reservations from independent directors: None.
10. Actual pricing date: Not applicable.
11. Reference price: Not applicable.
12. Actual private placement price, conversion or subscription price: Not applicable.
13. Rights and obligations of these new private placement shares: Same as common shares, but the transfer restrictions on these new private placement shares will be handled in accordance with Article 43-8 of the Securities and Exchange Act and relevant directives from the competent authority.
14. For those with conversion, exchange, or subscription rights, the conversion reference date: Not applicable.
15. For those with conversion, exchange, or subscription rights, the potential dilution of equity: Not applicable.
16. For the preceding item, if the estimated listed common shares are less than 60 million shares and less than 25%, please explain the measures to address low share liquidity: Not applicable.
17. Other matters that should be specified: The issuance conditions, project items, fund utilization progress, expected benefits, and other unaddressed matters for this private placement of new shares for cash increase, if revised by the competent authority or changed due to objective environmental factors in the future, the board of directors is authorized by the shareholders' meeting to handle them according to regulations.