Accton Announces Board Approval for Long-Term Factory Lease in Vietnam

Publication Date: 1150519 Spokesperson Date: 1150518 Spokesperson Time: 180136 Company Code: 2345 Company Name: Accton Subject: Announcement of our company's Board of Directors' approval for the long-term factory lease of Vietnam Accton Technology Company Limited. Complies with Article: 20 Date of Occurrence: 1150518 Explanation: 1. Name and nature of the underlying asset: Lot F1-2-3, Thang Long Vinh Phuc Industrial Park, Tam Hop Commune, Binh Xuyen District, Vinh Phuc province, Vietnam, with an area of factory / factory at F3. 2. Date of occurrence: 115/5/18~115/5/18. 3. Board of Directors approval date: May 18, 115 (R.O.C. Era). 4. Other approval dates: Not applicable. 5. Transaction unit quantity, price per unit, and total transaction amount: Transaction unit quantity: 11,340 square meters. Total transaction amount: Rent equivalent to approximately US$13.5 million. 6. Transaction counterparty and its relationship with the company: CNCTECH GROUP JOINT STOCK COMPANY THANG LONG CNCTECH JOINT STOCK COMPANY; Not a related party. 7. For transactions with related parties: Not applicable. 8. If the underlying asset was owned by a related party of the company within the last five years: Not applicable. 9. Estimated disposal gain (or loss): Not applicable. 10. Delivery or payment terms, contractual restrictions, and other important agreements: Delivery according to contract terms. 11. Method of deciding the transaction, basis for price determination, and decision-making unit: Per the Board of Directors' resolution on May 18, 115. 12. Name of professional appraiser firm and appraisal amount: Cheng-Zheng Cross-Strait Real Estate Appraisers Firm; Appraisal amount: US$13.5 million. 13. Name of professional appraiser: Lin, Chin-Sheng, Appraiser. 14. Professional appraiser's license number: (94) Bei-Shi-Gu-Zi No. 000060. 15. Is the appraisal report a limited, specific, 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. Reasons for significant discrepancies in appraisal results and accountant'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: None. 23. Specific purpose or use of the acquisition or disposal: Long-term development. 24. Opinions of directors who expressed dissent on this transaction: None. 25. Is this transaction a related party transaction: No. 26. Date of supervisors' acknowledgment or audit committee's consent: May 18, 115 (R.O.C. Era). 27. Is this transaction an acquisition of real estate or its right-of-use assets from a related party: No. 28. Price evaluated according to Article 16 of the 'Regulations Governing the Acquisition and Disposal of Assets by Public Companies': Not applicable. 29. If the evaluated price in the preceding item is lower than the transaction price, the price evaluated according to Article 17 of the same regulations: Not applicable. 30. Date of previous material information announcement on the same event: Not applicable. 31. Other narrative matters: None.