Chung Kung Announces Explanation on Road Collapse Incident at 'Formosa Plaza Building Urban Renewal Project'

1. Date of Incident: July 8, 2026 2. Entity Involved: Our Company 3. Cause of Incident (Event Description): Around 10:30 a.m. today (July 8), a road collapse was detected on the outer southern side of the construction zone (Dunhua North Road) at the 'Formosa Plaza Building Urban Renewal Project' contracted by our company. There were no casualties at the scene. 4. Response Process: Upon discovery by on-site personnel during inspection, all related construction activities were immediately halted. Police, fire departments, and relevant utility companies were notified and dispatched to the site. Traffic control and safety warnings were simultaneously implemented. 5. Penalties Imposed: According to Taipei City Department of Urban Development Notice No. 11561428933, the road collapse violated Articles 58 and 63 of the Building Act, and under Article 89, a fine of NT$90,000 was imposed and work was ordered to cease. 6. Was a fine imposed: Yes 7. Amount of fine (NT$): 90,000 8. Estimated potential losses or impacts: Preliminary assessment indicates no significant impact on overall operations or financial condition; actual losses are yet to be determined. 9. Estimated insurance compensation amount (NT$): Not yet determined 10. Improvement status and future response measures: Due to the presence of buried gas pipelines beneath the collapsed area, on-site warnings and controls have been implemented. The diaphragm wall contingency plan has been activated and construction is temporarily suspended. Concrete pouring and road restoration will resume after gas pipeline repairs are completed. 11. Has a major information announcement already been issued for the same incident: No 12. Other matters to be disclosed: None