2539 Sakura Construction

Release Date: August 11, 115 Statement Date: August 10, 115 Statement Time: 17:36:46 Company Code: 2539 Company Name: Sakura Construction Subject: Announcement of Board Approval for Engineering Contract with Related Party Yung-Chun Technology for the 'Pingdao Section, Yongkang District, Tainan City' Project Applicable Clause: Clause 20 Event Date: August 10, 115 Details: 1. Type of Contract: Engineering Contract 2. Event Date: August 10, 115 ~ August 10, 115 3. Board Approval Date: August 10, 115 (Minguo Year) 4. Other Approval Dates: Not applicable 5. Counterparty and Relationship with the Company: Yung-Chun Technology Co., Ltd. is a substantial related party of the Company. 6. Main Content of the Contract (including total contract amount, estimated investment amount, contract start and end dates, restrictive clauses, and other important terms): Engineering contract for underground mobile communication and charging station facilities in the 'Pingdao Section, Yongkang District, Tainan City' Total Amount: NT$27,905,305 (tax included) 7. Name of Professional Appraisal Firm or Company and Appraisal Result: Not applicable 8. Name of Real Estate Appraiser: Not applicable 9. License Number of Real Estate Appraiser: Not applicable 10. Specific Purpose of Acquisition: To construct residential buildings for sale and generate profit for the Company. 11. Dissenting Director Opinions on the Transaction: None 12. Is this a Related-Party Transaction: Yes 13. Date of Supervisor Approval or Audit Committee Consent: August 10, 115 (Minguo Year) 14. Is the Appraisal Report at a Limited, Specific, or Special Price: No or Not applicable 15. Has the Appraisal Report 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 Auditor: Not applicable 20. Auditor's License Number: Not applicable 21. Previous Date of Material Information Disclosure on the Same Event: Not applicable 22. Other Statements: None