Far Eastern International Bank Subsidiary Acquires Office Usage Right in Taipei

Release Date: 1150624 Announcement Date: 1150623 Announcement Time: 162354 Company Code: 2845 Company Name: Far Eastern International Bank Subject: Subsidiary Far Eastern Asset Management Company Announces Acquisition of Real Estate Usage Right Asset Clause: Clause 20 Date of Fact: 1150623 Explanation: 1. Name and Nature of the Target (e.g., Land in Section XX, Subsection XX, Zhongshan District, Taipei): No. 207, Section 2, Dunhua South Road, Da'an District, Taipei 2. Date of Fact: 115/6/23~115/6/23 3. Board of Directors Approval Date: June 23, 2024 4. Other Approval Dates: Not Applicable 5. Transaction Unit Quantity (e.g., X square meters, equivalent to X ping), Unit Price, and Total Transaction Amount: Transaction Unit Quantity: 9.34 ping Unit Price: $2,931/ping/month Total Transaction Amount (Usage Right Asset): $1,536,392 (5-year lease) 6. Transaction Counterparty and Their Relationship with the Company (If the Transaction Counterparty is a Natural Person and Not a Related Party of the Company, Their Name May Be Omitted): Transaction Counterparty: Far Ding Corporation Relationship with the Company: Related Party 7. If the Transaction Counterparty is a Related Party, the Reason for Selecting the Related Party as the Transaction Counterparty and the Previous Transferor, the Relationship Between the Previous Transferor and the Company and the Transaction Counterparty, the Previous Transfer Date, and the Transfer Amount: Reason for Selecting the Related Party as the Transaction Counterparty: Renewal of existing office lease Previous Transferor/Relationship Between the Previous Transferor and the Company and the Transaction Counterparty/Date/Amount: Not Applicable 8. If the Owner of the Transaction Target Within the Past Five Years Was a Related Party of the Company, the Acquisition and Disposal Dates, Prices, and Relationship with the Company at the Time of the Transaction: Not Applicable 9. Expected Disposal Profit (or Loss) (Not Applicable for Asset Acquisition) (If Deferred, List the Recognition Scenarios in a Table): Not Applicable 10. Delivery or Payment Conditions (Including Payment Period and Amount), Contract Restrictive Clauses, and Other Important Agreed Terms: Delivery or Payment Conditions: Monthly payment; Monthly rent $27,376 Contract Restrictive Clauses and Other Important Agreed Terms: Not Applicable 11. Method of Decision for This Transaction (e.g., Bidding, Comparison, or Negotiation), Reference for Price Determination, and Decision Unit: Method of Transaction Decision: Negotiated based on market conditions Reference for Price Determination: Rental market conditions for nearby office buildings Decision Unit: Board of Directors 12. Name of Professional Appraisal Firm or Company and Its Appraised Amount: Not Applicable 13. Name of Professional Appraiser: Not Applicable 14. Professional Appraiser's Business License Number: Not Applicable 15. Whether the Appraisal Report is a Limited Price, Specific Price, or Special Price: No or Not Applicable 16. Whether the Appraisal Report Has Not Been Obtained: No or Not Applicable 17. Reason for Not Obtaining the Appraisal Report: Not Applicable 18. If There Is a Significant Difference in the Appraisal Results, the Reason for the Difference and the Opinion of the Accountant: Not Applicable 19. Name of Accounting Firm: Not Applicable 20. Name of Accountant: Not Applicable 21. Accountant's Business License Number: Not Applicable 22. Broker and Brokerage Fees: Not Applicable 23. Specific Purpose or Use of Acquisition or Disposal: For office use 24. Opinion of Directors Who Object to This Transaction: None 25. Is This Transaction a Related Party Transaction: Yes 26. Date of Approval by Supervisors or Agreement by the Audit Committee: June 23, 2024 27. Is This Transaction the Acquisition of Real Estate or Its Usage Right Asset from a Related Party: Yes 28. Price Evaluated According to Article 16 of the Regulations for the Handling of Asset Acquisition or Disposal by Public Companies: Not Applicable 29. If the Evaluated Price According to the Previous Item is Lower Than the Transaction Price, the Price Evaluated According to Article 17 of the Same Regulations: Not Applicable 30. Date of Previous Major Information Disclosure for the Same Event: Not Applicable 31. Other Matters for Explanation: None Keywords: