3576 United Regeneration

Date of Announcement: 115/07/22 Date of Statement: 115/07/21 Time of Statement: 14:26:46 Company Code: 3576 Company Name: United Regeneration Main Purpose: The company or its subsidiary intends to jointly establish a U.S. joint venture company with Walsin Silicon Products Co., Ltd. or its subsidiary. Applicable Clause: Clause 20 Factual Date: 115/07/21 Explanation: 1. Name and nature of the subject matter (if preferred shares, specify issuance conditions such as dividend rate): Ordinary shares of the joint venture company 2. Factual date: 115/07/21 ~ 115/07/21 3. Board approval date: July 21, 115 (Minguo calendar) 4. Other approval dates: Not applicable 5. Transaction quantity, unit price, and total transaction amount: Number of units: Not applicable Unit price: Not applicable Total transaction amount: Up to USD 11.76 million (equivalent to TWD 378,319,200) 6. Counterparty and its relationship with the company (if the counterparty is an individual and not a related party of the company, name disclosure may be omitted): Not applicable 7. If the counterparty is a related party, disclose the reason for selecting them, the previous transferor, the relationship among the company, the counterparty, and the previous transferor, the transfer date, and amount: Not applicable 8. If the owner of the subject matter within the past five years was a related party of the company, disclose the related party’s acquisition and disposal date, price, and relationship with the company at the time: Not applicable 9. Matters related to the disposal of receivables (including types of collateral attached to disposed receivables; if receivables from related parties are disposed, disclose the related party’s name and book value): Not applicable 10. Gain (or loss) from disposal (not applicable for acquisition of securities) (if previously deferred, describe recognition status in a table): Not applicable 11. Delivery or payment terms (including payment periods and amounts), contractual restrictions, and other important agreements: Based on the funding needs of the joint venture company 12. Decision-making method for this transaction, reference basis for price determination, and decision-making unit: Based on the funding needs of the joint venture company 13. Net asset value per share of the securities-issuing company acquired or disposed: Not applicable 14. Cumulative holdings (including this transaction) of securities, amount, ownership percentage, and restricted rights (e.g., pledge status) to date: (1) Cumulative holding amount: Equity investment in ordinary shares of the joint venture company up to USD 11.76 million (2) Cumulative ownership percentage: 49% (3) Restricted rights status: None 15. Proportion of securities investments (including this transaction) under Article 3 of the 'Regulations on Acquisition or Disposition of Assets by Publicly Issued Companies' to the total assets and equity attributable to owners of the parent company in the company’s latest financial statements, and the amount of working capital in the latest financial statements (Note 2): Percentage of total assets: 18.53% Percentage of equity attributable to parent company owners: 34.96% (This investment amount is USD 11.76 million, equivalent to TWD 378,319,200, calculated at an exchange rate of 1:32.17) Working capital amount: -971,170 thousand TWD 16. Broker and brokerage fees: None 17. Specific purpose or use of the acquisition or disposal of securities: Engage in local solar module manufacturing and sales in the United States 18. Dissenting director opinions on this transaction: None 19. Is this transaction a related-party transaction? No 20. Date of auditor approval or audit committee consent: Not applicable 21. Did the accountant issue a non-reasonableness opinion on this transaction? Not applicable 22. Name of accounting firm: None 23. Name of accountant: None 24. Accountant’s practice certificate number: None 25. Does this involve a change in business model? No 26. Business model change explanation: Not applicable 27. Transaction status with the counterparty in the past year and expected in the next year: Not applicable 28. Source of funds: Internal funds 29. Previous date of material information release on the same event: Not applicable 30. Other explanatory matters: None