【LOTES】LOTES VIET NAM COMPANY LIMITED, a subsidiary of LOTES, announces acquisition of land use rights asset

1. Name and nature of the subject matter (e.g., land parcel XX, section XX, subdivision XX in Beiqu, Taichung City):
DVCC 2C-2 plot in Green IP-1 Industrial Park, Thai Thuy, Lien Ha Thai, Vietnam.
2. Date of occurrence: 115/5/13~115/5/13 (May 13, 2026)
3. Date of board resolution: May 13, 2026
4. Other approval dates: Not applicable
5. Quantity of transaction units (e.g., XX square meters, equivalent to XX ping), unit price, and total transaction amount:
Acquisition area: 32,000 square meters
Unit price: USD 300 per square meter
Total transaction amount: USD 9,600,000
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted):
Counterparty: Green I-PARK CORP.
Relationship with the company: Non-related party
7. If the counterparty is a related party, the reason for selecting a related party as the transaction object, the previous owner, the relationship between the previous owner, the company, and the counterparty, the previous transfer date, and the transfer amount should also be announced:
Not applicable
8. If the owner of the transaction target has been a related party of the company within the past five years, the acquisition and disposal dates, prices, and the relationship with the company at the time of the transaction should also be announced:
Not applicable
9. Estimated disposal gain (or loss) (not applicable for asset acquisition) (for deferred items, a table should explain the recognition status):
Not applicable
10. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
Payment within 10 days after signing the land agreement: 30%
Payment within 7 days after signing the formal contract: 30%
Payment within 7 days after signing the land handover record: 40%
11. Decision method for this transaction (e.g., tender, price comparison, or negotiation), reference basis for price determination, and decision-making unit:
Decision method for this transaction: Negotiation
Reference basis for price determination: Market conditions and appraisal report
Decision-making unit: General Manager's Office
12. Name of professional appraisal firm or company and its appraisal amount:
Commerce & Trust Asset Appraisal Stock Company
Appraisal amount: USD 9,630,720
13. Names of professional appraisers:
Liang Guanghui and Ruan Huangxing
14. Professional appraiser's license numbers:
XIV19.2184 and IV06183
15. Is the appraisal report for a limited price, specific price, or special price: No or not applicable
16. Has the appraisal report 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, the reasons for the difference and the auditor's opinion:
Not applicable
19. Name of accounting firm:
Not applicable
20. Name of accountant:
Not applicable
21. Accountant's license number:
Not applicable
22. Broker and brokerage fees:
Not applicable
23. Specific purpose or use of acquisition or disposal:
Construction of factories and dormitories
24. Opinion of dissenting directors in this transaction:
Not applicable
25. Is this transaction a related party transaction: No
26. Date of approval by supervisors or audit committee:
May 13, 2026
27. Is this transaction for the acquisition of real estate or its right-of-use asset from a related party: No
28. Price assessed according to Article 16 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies": Not applicable
29. If the price assessed in the preceding paragraph is lower than the transaction price, the price assessed according to Article 17 of the same regulations: Not applicable
30. Date of previous significant announcement on the same event: Not applicable
31. Other explanatory matters:
None.
Keywords: Significant information