Hong Pu Decides to Repurchase Shares

Release Date: 2024/07/14 Announcement Date: 2024/07/13 Announcement Time: 17:00:10 Company Code: 2536 Company Name: Hong Pu Subject: Announcement of the Board of Directors' Resolution to Repurchase Treasury Stock (Correction of the Upper Limit of the Total Amount of Repurchased Shares) Clause: Clause 35 Date of Fact: 2024/07/08 Explanation: 1. Board of Directors Resolution Date: 2024/07/08 2. Purpose of Share Repurchase: To maintain the company's credit and shareholders' rights 3. Type of Shares to be Repurchased: Common Stock 4. Upper Limit of Total Amount for Share Repurchase (NT dollars): 8,714,819,104 5. Planned Repurchase Period: 2024/07/09 to 2024/09/06 6. Planned Repurchase Quantity (shares): 6,000,000 7. Repurchase Price Range (NT dollars): 13.50 to 31.50, the company's stock price below the lower limit of the price range will continue to be repurchased 8. Repurchase Method: Repurchase from the centralized trading market 9. Planned Repurchase Quantity as a Percentage of Total Issued Shares (%): 1.80 10. Cumulative Number of Shares Already Held at the Time of Reporting (shares): 0 11. Situation of Company Share Repurchases in the Past Five Years: No repurchase 12. Situation of Reported but Uncompleted Repurchases: None 13. Minutes of the Board of Directors' Resolution to Repurchase Shares: On 2024/07/08, the Board of Directors passed a resolution to repurchase company shares from 2024/07/09 to 2024/09/06, in accordance with Article 28-2 of the Securities Exchange Act. The planned total repurchase quantity is 6,000,000 shares, with a repurchase price range of NT dollars 13.50 to 31.50 per share. 14. Transfer Methods as per Article 10 of the 'Regulations for the Repurchase of Shares by Listed Companies': Not applicable 15. Conversion or Subscription Methods as per Article 11 of the 'Regulations for the Repurchase of Shares by Listed Companies': Not applicable 16. Declaration by the Board of Directors Considering the Company's Financial Condition and Not Affecting Capital Maintenance: The total number of shares to be repurchased this time accounts for only 1.80% of the company's issued shares, and the upper limit of the amount required for the repurchase accounts for only 0.51% of the company's current assets. The Board of Directors of the company has considered the company's financial condition and declares that the repurchase of the above shares will not affect the company's capital maintenance. 17. Opinions on the Reasonableness of the Share Repurchase Price by Accountants or Securities Underwriters: According to the evaluation opinion of Yuanta Securities Co., Ltd., the price range set by Hong Pu Construction Co., Ltd. for this share repurchase is legally reasonable, and the setting of the price range and its impact on the company's finances are also reasonable. There are no significant abnormal circumstances. 18. Other Matters as Required by the Securities and Futures Bureau: None