Hua Gu (2548) Announces Acquisition of Land in Xindian District, New Taipei City

Release Date: June 25, 115
Statement Date: June 24, 115
Statement Time: 14:37:19
Company Code: 2548
Company Name: Hua Gu
Subject: Announcement of Land Acquisition in Xindian District, New Taipei City
Relevant Clause: Clause 20
Factual Date: June 11, 115

1. Name and Nature of the Asset (e.g., Land in Section XX, Subsection XX, North District, Taichung City):
(1) Asset Name: Land in Sih-Sin Section, Xindian District, New Taipei City
(2) Location: Land in Sih-Sin Section, Xindian District, New Taipei City

2. Factual Date: June 11, 115 ~ June 11, 115

3. Board Approval Date: Not applicable

4. Other Approval Dates:
Approval Level: Approved by Chairman
June 11, 115

5. Quantity (e.g., XX square meters, equivalent to XX ping), Unit Price, and Total Transaction Amount:
(1) Quantity: 2,614.66 square meters (approximately 790.93 ping)
(2) Unit Price: Approximately NT$2.5 million per ping
(3) Total Transaction Amount: NT$1,977,332,905

6. Counterparty and Relationship with the Company (If the counterparty is an individual and not a related party, name disclosure may be omitted):
(1) Counterparty: 4 individuals
(2) Relationship with Company: Not related parties

7. If the counterparty is a related party, state the reason for selection, previous owner, relationships among previous owner, company, and counterparty, transfer date, and amount:
Not applicable

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

9. Estimated 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 schedule and amounts), Contractual Restrictions, and Other Important Agreements:
(1) Delivery or Payment Terms: Payment as per agreement
(2) Contractual Restrictions: None
(3) Other Important Agreements: None

11. Method of Determining the Transaction (e.g., bidding, comparison, negotiation), Basis for Price Determination, and Decision-Making Unit:
(1) Transaction Determination Method: Negotiated pricing
(2) Price Determination Basis: Reference to nearby property and land transaction prices
(3) Decision-Making Unit: Authorized by the Board of Directors to the Chairman for full authority

12. Name of Professional Appraisal Firm and Appraised Value:
(1) Zhan Mao Real Estate Appraisers Joint Office; Appraised Value: NT$1,898,239,680
(2) Savills Taiwan Real Estate Appraisers Joint Office; Appraised Value: NT$1,781,181,791

13. Names of Professional Appraisers:
(1) Yang Che-Hao
(2) Wu Cheng-Yeh

14. Appraiser License Numbers:
(1) 109 Taipei City Appraisal No. 000287
(2) 112 Taipei City Appraisal No. 000321

15. Whether the appraisal report is for a limited, specific, 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 yet 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. Auditor Firm Name:
Not applicable

20. Auditor Name:
Not applicable

21. Auditor License Number:
Not applicable

22. Broker and Brokerage Fees:
None

23. Specific Purpose or Use of Acquisition or Disposal:
To construct residential units and parking spaces for sale or lease

24. Opinion of Directors Who Objected to the Transaction:
Not applicable

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

29. Valuation price under Article 17 of the same rules 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:
June 11, 115 – Asset Acquisition/Disposal Announcement

31. Other Explanatory Matters:
Utilized the development budget authorized by the board meeting on April 29, 115