Dali Announces Signing of Joint Development Agreement

1. Type of Contract: Joint Construction and Sales 2. Date of Fact: 115/7/31 ~ 115/7/31 3. Board Approval Date: Not applicable 4. Other Approval Dates: Approval Level: Approved by Chairman July 31, 115 (Minguo Calendar) 5. Counterparty and Relationship with Company: (1) Transaction Counterparty: Quanwei Investment Co., Ltd. (2) Relationship with Company: Non-related party 6. Main Contract Contents (including total contract value, estimated investment amount, contract period, restrictions, and other important terms): (1) Main Contents: The landowner provides land located at Wenshang Section, No. 50, Xitun District, Taichung City, with an area of approximately 1,570.65 square meters (about 475.12 ping), entering into a joint construction and sales agreement with the Company. Distribution ratio: Landowner side approximately 52%~48%; Builder side approximately 48%~52%. The Company's estimated investment amount is approximately NT$1,770,000 thousand. (2) Restrictive Clauses and Other Important Agreements: None 7. Name of Real Estate Appraisal Firm or Company and Appraisal Results: (1) Yufeng Real Estate Appraisers Joint Office; Landowner ratio approx. 52%~48%, Builder ratio approx. 48%~52% (2) Hongbang Real Estate Appraisers Joint Office; Landowner ratio approx. 52%~48%, Builder ratio approx. 48%~52% 8. Names of Real Estate Appraisers: (1) Appraiser Chang Po-Yu (2) Appraiser Lee Ching-Tang 9. Appraiser License Numbers: (1) 111 Taipei City Appraisal No. 000312 (2) 108 Taipei City Appraisal No. 000278 10. Specific Purpose of Acquisition: To construct and sell or lease residential units and parking spaces 11. Dissenting Director Opinions on This Transaction: None 12. Whether This Transaction is a Related-Party Transaction: No 13. Date of Supervisor Approval or Audit Committee Consent: Not applicable 14. Whether the Appraisal Report is at a Limited, Specific, or Special Price: No or Not applicable 15. Whether the Appraisal Report Has Not Yet Been Obtained: No or Not applicable 16. Reason for Not Yet Obtaining the Appraisal Report: Not applicable 17. Reasons for Significant Differences in Appraisal Results and Auditor's Opinion: Not applicable 18. Name of Accounting Firm: Not applicable 19. Name of Accountant: Not applicable 20. Accountant License Number: Not applicable 21. Previous Date of Material Information Disclosure on the Same Event: Not applicable 22. Other Statements: Utilization of development budget authorized by the Board of Directors