Tongling Announces Acquisition of Land from Related and Unrelated Parties

1. Name and nature of the subject property (e.g., land located at Section XX, Subsection XX, North District, Taichung City):
Land located at Fortai Section 40-0, Xinzhuang District, New Taipei City, with a total fractional ownership of 755,146,579/1,000,000,000

2. Date of occurrence: 09/16/114 ~ 06/16/115

3. Board approval date: June 16, 115

4. Other approval dates: Not applicable

5. Quantity of units (e.g., XX square meters, equivalent to XX ping), unit price, and total transaction amount:
Total area: 1,876.01 square meters (approximately 567.4931 ping)
Unit price per ping: approximately NT$1.362 million
Total transaction amount: NT$773,055,298

6. Counterparty and their relationship with the company (if the counterparty is a natural person and not a related party, name disclosure may be omitted):
Related parties: Weng Chun-Chih / Director, Weng Ju-Yi / Director, Weng Hua-Ting / Director, Chen Ying-Mei / Director's spouse, Weng Hua-Li / Director, Liao Wan-Ling / Director's spouse, Weng Shih-Cheng / Director's son
Unrelated parties: 3 natural persons

7. If the counterparty is a related party, state the reason for selection, previous transferor, relationship between previous transferor and the company/counterparty, transfer date, and transfer amount:
Reason for selecting related parties: Group land planning
Previous transferor: All natural persons, no relationship with the counterparty
Previous transfer price: Gift or too old to have recorded transaction price
Previous transfer date: October 1977 and April 2011

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

9. Expected gain (or loss) on disposal (not applicable for asset acquisition) (if deferred, provide a table showing recognition):
Not applicable

10. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements:
As stipulated in the contract

11. Decision method for this transaction (e.g., bidding, comparison, negotiation), reference basis for price determination, and decision-making unit:
Reference basis for price determination: Appraisal report and negotiation
Decision-making unit: Board of Directors

12. Name of professional valuation firm and valuation amount:
Chung-Hua Credit Information Real Estate Appraisers Joint Office
Valuation amount: NT$787,112,930

13. Name of professional appraiser:
Wu Chih-Hao

14. Appraiser's license number:
(108) Taipei City Appraisal No. 000274

15. Whether the appraisal report specifies a limited, special, or specific 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, explain the reason and include auditor's opinion:
Not applicable

19. Auditor firm name:
Not applicable

20. Auditor name:
Not applicable

21. Auditor license number:
Not applicable

22. Broker and brokerage fees:
Not applicable

23. Specific purpose or use of the acquisition or disposal:
To secure full autonomy for future development projects without the need for joint construction with landowners

24. Opinion of any director who objected to the transaction:
None

25. Whether this transaction is a related-party transaction: Yes

26. Date of supervisor approval or audit committee consent:
June 16, 115

27. Whether the transaction involves acquiring real estate or right-of-use assets from a related party: Yes

28. Valuation price under Article 16 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies': Not applicable

29. Valuation price under Article 17 if the price under the previous item is lower than the transaction price: Not applicable

30. Previous date of material information disclosure regarding the same event: Not applicable

31. Other explanatory matters:
None