Shanlin Water Corrects Announcement on Intangible Asset Acquisition by Subsidiary

Release Date: June 27, 2024 Statement Date: June 26, 2024 Statement Time: 15:47:23 Company Code: 8473 Company Name: Shanlin Water Subject: Correction of Announcement on Intangible Asset Acquisition by Subsidiary He Shanlin Green Energy Co., Ltd. (Supplementary Accountant Data) Applicable Clause: Clause 20 Date of Fact: June 15, 2024

Explanation: 1. Name and Nature of the Target (For special shares, the special share issuance conditions should be specified, such as the interest rate): He Shanlin Company acquired the contract amount for the waste treatment facilities' second-phase renovation and the high-efficiency composting system expansion, as part of the "Taichung City Waipu Composting Plant (Green Energy Ecological Park) Renovation and Operation Transfer Case" (ROT) contract signed with the Taichung City Government Environmental Protection Bureau. 2. Date of Fact: June 15, 2024 ~ June 15, 2024 3. Board of Directors Approval Date: June 15, 2024 4. Other Approval Dates: Not applicable 5. Transaction Quantity, Unit Price, and Total Transaction Amount: The total transaction amount is NT$766,157,000 (including tax). 6. Transaction Counterparties 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): 1. Shanlin Water Environmental Engineering Co., Ltd., Relationship with the Company: Parent-subsidiary. 2. Jubao International Co., Ltd., Relationship with the Company: None 7. If the transaction counterparty is a related party, the reason for selecting the related party as the transaction counterparty, the previous transferor, the relationship between the previous transferor and the company and the transaction counterparty, the previous transfer date, and the transfer amount must be disclosed. The intangible assets acquired this time are held by the related companies Shanlin Water Environmental Engineering Co., Ltd. and Jubao Environmental Technology Co., Ltd., mainly for their related technologies and organic waste system renovation experience. They have complete professional capabilities regarding the asset content and application. Considering the continuity of technology and the future operational integration benefits, the aforementioned related parties were selected as the transaction counterparts. 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 the relationship with the company at the time of the transaction must be disclosed. Not applicable. 9. Matters related to the disposal of claims (The types of collateral accompanying the claims to be disposed of, if the claims to be disposed of are claims against related parties, the names of the related parties and the book amount of the claims against the related parties to be disposed of this time must be disclosed): Not applicable. 10. Disposal benefits (or losses) (Not applicable for the acquisition of securities) (Deferred items should list the recognition situations in a table): Not applicable. 11. Payment conditions (including payment period and amount), contractual restrictive clauses, and other important agreed matters: Payment is made according to the contract terms. 12. Decision method for this transaction, reference basis for price determination, and decision-making unit: Market price inquiry, negotiated bidding; Decision-making unit: Board of Directors. 13. Net asset per share of the target company for the acquisition or disposal of securities: Not applicable 14. Cumulative quantity, amount, shareholding ratio, and restricted rights situation (such as pledged situation) of the securities of this transaction held so far (including this transaction): Not applicable 15. So far, the ratio of securities investment listed in Article 3 of the "Regulations for the Handling of Assets Acquisition or Disposal by Publicly Issued Companies" (including this transaction) to the total assets and the equity attributable to the parent company in the company's latest financial statements, and the amount of operating funds in the latest financial statements (Note 2): Not applicable 16. Broker and brokerage fees: Not applicable 17. Specific purpose or use of the target company for the acquisition or disposal of securities: Construction and operation based on the "Taichung City Waipu Composting Plant (Green Energy Ecological Park) Renovation and Operation Transfer Case" (ROT) contract signed with the Taichung City Government Environmental Protection Bureau. 18. Opinions of directors objecting to this transaction: None 19. This transaction is a related party transaction: Yes 20. Date of approval or agreement by the supervisory director or audit committee: June 15, 2024 21. The accountant issues a non-rational opinion on this transaction: No 22. Name of the accounting firm: Shokushi United Accounting Firm 23. Name of the accountant: Wang Yingqian 24. Accountant's business license number: FSC License No. 8007 25. Does it involve a change in the business model: No 26. Explanation of the change in the business model: Not applicable. 27. Transaction situation with the transaction counterparty in the past year and the next year: Not applicable. 28. Source of funds: Not applicable. 29. Date of previous disclosure of major information on the same matter: Not applicable 30. Other matters to be explained: In the "Taichung City Waipu Composting Plant (Green Energy Ecological Park) Renovation and Operation Transfer Case" (ROT) contract signed by He Shanlin Company with the Taichung City Government Environmental Protection Bureau, the engineering input costs are listed under intangible assets after completion, according to the regulations of International Accounting Standard IFRIC 12 Service Concession Agreements.