President Enterprises Subsidiary Yahoo Taiwan Decides to Lease Office Space from Affiliate President Chain Store Corp

1. Name and nature of the target: Real estate right-of-use assets located at 2F, 5F, 6F, No. 153; 2F, 6F, No. 155; 2F, 6F, No. 157; 2F, No. 159; and 2F, No. 161, Shitan Road, Neihu District, Taipei City.

2. Date of occurrence: June 11, 2026.

3. Date of Board approval: June 11, 2026.

4. Other decision date: Not applicable.

5. Transaction unit quantity, unit price, and total amount: Transaction unit quantity: Office lease area of approximately 3,956.03 square meters (approx. 1,196.7 ping). Total transaction amount: Right-of-use assets valued at NTD 231,989,000.

6. Counterparty and relation to the company: Counterparty: President Chain Store Corp. Relation: Both are subsidiaries of President Enterprises Corp.

7. Reasons for selecting the counterparty, prior owner details, and prior transfer amount: (1) Reason for selection: In line with the company's overall business planning. (2) Prior owner: Bao Feng Long Xing Ye Co., Ltd. (3) Relation to company: Non-related party. (4) Prior transfer date: April 9, 2025. (5) Transfer amount: NTD 4,300,000,000 for acquiring the building.

8. Target ownership by related parties in the past 5 years: Not applicable.

9. Estimated gain/loss: Not applicable.

10. Terms of payment and covenants: Terms of payment: The lease term is 10 years with a monthly rent of NTD 2,167,000. The rent can be adjusted every 2 years based on the price index of the Executive Yuan upon mutual agreement. Covenants: None.

11. Method of price determination and decision-making body: Method: Negotiation. Price basis: Market rates. Decision-making body: Board of Directors.

12. Appraiser firm and appraised amount: Zhan Mao Real Estate Appraiser Firm: NTD 220,973,912.

13. Appraiser name: Yang Zhe-Hao.

14. Appraiser license number: (109) Bei Shi Gu Zi No. 000287.

15. Special valuation types: No or Not applicable.

16. Valuation report status: Acquired (Not pending).

17. Reasons for pending report: Not applicable.

18. Significant discrepancies and CPA opinions: Not applicable.

19. CPA firm and reasonableness opinion: Walter CPA Firm (issued in accordance with Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies).

20. CPA name: Chen Rong-Chao.

21. CPA license number: Quan Lian Hui Yi Zi No. 1050166.

22. Broker and broker fee: None.

23. Purpose of acquisition: Office use.

24. Opinions of dissenting directors: None.

25. Related party transaction: Yes.

26. Date of Supervisor approval or Audit Committee consent: Not applicable.

27. Acquisition from related party: Yes.

28. Appraised price under Article 16 of the Regulations: NTD 239,348,850.

29. Appraised price under Article 17 of the Regulations: Not applicable.

30. Prior announcements of the same event: Not applicable.

31. Other notes: None.