Taishin FHC on behalf of Taishin SITC announces the acquisition of the right-to-use assets of Taishin AMC.

 Taishin FHC on behalf of Taishin SITC announces
the acquisition of the right-to-use assets of
Taishin AMC.

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
Building Number: No.9,Dehui St., Zhongshan District, Taipei City 104,
Taiwan (R.O.C.)
2.Date of occurrence of the event:2021/11/29~2021/11/29
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Building area:37.07 pings
Unit price: NTD 1,648/per ping/month(tax-included)
Total amount of the rents: NTD 61,091/month(tax-included)
Total amount of right-of-use assets: NTD 1,400,779
4.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of
the Company, the name of the trading counterparty is not required to be
disclosed):
Trading counterpart: Taishin Asset Management Co., Ltd.
Relationship: Related party.
5.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company
and the trading counterparty, and the previous date and monetary amount of
transfer:
Reason: In the same office building as the head office.
The identity of the previous owner:Not applicable.
The previous date and monetary amount of the transfer:Not applicable.
6.Where an owner of the underlying assets within the past five years has
been a related party of the Company, the announcement shall also include the
date and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction:
Not applicable.
7.Projected gain (or loss) through disposal (not applicable for
acquisition of assets; those with deferral should provide a table
explaining recognition):
Not applicable.
8.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract,
and other important terms and conditions:
Lease period: 2022/1/1~2023/11/30
Payment terms: monthly paid
Contract restriction clauses and other important agreements: none
9.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the
decision on price, and the decision-making unit:
The manner of deciding on this transaction:Negotiation between bothparties.
The reference basis for the decision on price:Referring to local office
buildings rental charge.
Decision-making unit: Chairman
10.Name of the professional appraisal firm or company and
its appraisal price:
Not applicable.
11.Name of the professional appraiser:
Not applicable.
12.Practice certificate number of the professional appraiser:
Not applicable.
13.The appraisal report has a limited price, specific price,
or special price:
Not applicable.
14.An appraisal report has not yet been obtained:
Not applicable.
15.Reason for an appraisal report not being obtained:
Not applicable.
16.Reason for any significant discrepancy with the appraisal reports
and opinion of the CPA:
Not applicable.
17.Name of the CPA firm:
Not applicable.
18.Name of the CPA:
Not applicable.
19.Practice certificate number of the CPA:
Not applicable.
20.Broker and broker's fee:
Not applicable.
21.Concrete purpose or use of the acquisition or disposal:
For office use.
22.Any dissenting opinions of directors to the present transaction:
No.
23.Whether the counterparty of the current transaction is a
related party:
yes
24.Date of the board of directors resolution:
NA
25.Date of ratification by supervisors or approval by
the audit committee:NA
26.The transaction is to acquire a real property or right-of-use
asset from a related party:
Yes.
27.The price assessed in accordance with the Article 16 of the
Regulations Governing the Acquisition and Disposal of Assets
by Public Companies:
Not applicable.
28.Where the above assessed price is lower than the transaction price,
the price assessed in accordance with the Article 17 of the same
regulations:
Not applicable.
29.Any other matters that need to be specified:
None.