Announcement on behalf of CTBC Investments Co., Ltd. obtains the right-to-use assets from related parties

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
16F, No. 188,Jingmao 2nd Road, Nangang District, Taipei City
2.Date of occurrence of the event:2023/12/22
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
16F, No. 188,Jingmao 2nd Road, Nangang District, Taipei City
Lease area:87.50 pings
Unit price: NTD 2,200/ pings; Rental price per month: NTD192,500
Total rental amount: NTD4,620,000
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):
Transaction target:CTBC BANK CO., LTD.
Relationship: A subsidiary of CTBC Financial Holding Co., Ltd
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 for choosing the related party as trading counterpart:
For the needs of business development and in order to enhance corporate
image (belong to CTBC holding group).
The identity of the previous owner: Not applicable
its relationship with the Company and the trading counterparty, and the
previous date and monetary amount of 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:
Payment perior: one time three month
Monetary amount: Rental fee around NTD577,500 three month
Restrictions: Prohibit illegal use, transfer and sublease
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:
Real estate valuation report
Decision approval unit:Chairman
10.Name of the professional appraisal firm or company and
its appraisal price:
Yang Jie Real Estate Appraisers Joint Firm
Unit price: NTD 2,311
11.Name of the professional appraiser:
Yeh Yu-ming
12.Practice certificate number of the professional appraiser:
(109) Pei-Shih-Ku-Tzu-Ti No.000291
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 the needs of business development and lease office premises
22.Any dissenting opinions of directors to the present transaction:none
23.Whether the counterparty of the current transaction is a
related party:yes
24.Date of the board of directors resolution:Not applicable,
According to Article 45 of the Financial Holding Company Law,
the transaction amount is authorized to be approved by the
competent supervisor in accordance with internal regulations.
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