Taisei Steel's Subsidiary TA Chen International, Inc. Announces Acquisition of Factory and Land

1. Name and nature of the subject property (e.g., land located at XX Section, XX Minor Section, North District, Taichung City): Factory and land: 8500 109th Street, Pleasant Prairie, Kenosha County, WI 53158

2. Date of occurrence: 06/16/115 ~ 06/16/115

3. Board approval date: Not applicable

4. Other approval dates: Approval level: Chairman June 16, 115 (Minguo calendar)

5. Quantity of transaction units (e.g., XX square meters, equivalent to XX ping), unit price, and total transaction amount: Land area: 1,569,946 sq ft (equivalent to 44,120 ping) Factory area: 736,075 sq ft (equivalent to 20,686 ping) Total transaction amount: USD 87,000 thousand, approximately TWD 2,727,885 thousand.

6. Counterparty and its relationship with the company (if the counterparty is an individual and not a related party of the company, name disclosure may be omitted): Counterparty: Exeter 8500 109th, LLC Relationship with the company: None

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 among the previous transferor, the company, and the counterparty, the previous transfer date, and the transfer amount: Not applicable

8. If the subject asset had an owner who was a related party of the company within the past five years, disclose the date of acquisition and disposal, price, and the relationship with the company at the time of transaction: Not applicable

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 periods and amounts), contractual restrictions, and other important agreements: Delivery or payment terms: As per sales contract terms Contractual restrictions: None Other important agreements: None

11. Method of determining the transaction (e.g., bidding, price comparison, negotiation), reference basis for price determination, and decision-making unit: Transaction determination method: Negotiation Reference basis for price determination: Appraisal report and negotiation results Decision-making unit: Chairman

12. Name of professional valuation firm or company and its appraised value: a. PARTNER Valuation Advisors Appraised value: USD 88,400 thousand; approximately TWD 2,771,782 thousand b. Newmark Valuation & Advisory, LLC Appraised value: USD 85,500 thousand; approximately TWD 2,680,853 thousand

13. Name of professional appraiser: a. Eric L. Enloe b. John Mackris

14. Professional appraiser license number: a. Professional appraiser license number: 1443-10 b. Professional appraiser license number: 1509-10

15. Whether the appraisal report is for 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 obtaining the appraisal report: Not applicable

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

19. Name of accounting firm: Not applicable

20. Name of accountant: Not applicable

21. Accountant license number: Not applicable

22. Broker and brokerage fees: None

23. Specific purpose or use of the acquisition or disposal: For operational use

24. Opinion of any director who expressed dissent on the transaction: Not applicable

25. Whether the transaction is a related-party transaction: No

26. Date of supervisor approval or audit committee consent: Not applicable

27. Whether the transaction involves acquiring real estate or right-of-use assets from a related party: No

28. Evaluation price under Article 16 of the 'Regulations on the Acquisition or Disposition of Assets by Publicly Issued Companies': Not applicable

29. Evaluation price 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 announcement regarding the same event: Not applicable

31. Other explanatory matters: None