9938 Paiho Announces Subsidiary's Board Resolution to Acquire Land Use Rights in Indonesia

Release Date: 1150812 Statement Date: 1150811 Statement Time: 193128 Company Code: 9938 Company Name: Paiho Subject: Announcement on behalf of subsidiary PT Baihong Indonesia regarding board resolution to acquire land (land use rights) Compliance Clause: Item 20 Factual Date: 1150811

Details: 1. Name and nature of the subject property (e.g., land located in Section X, Subsection X, North District, Taichung City): Land (land use rights) located in Batang Industrial Estate, Central Java, Indonesia

2. Factual Date: 115/8/11 ~ 115/8/11

3. Board Approval Date: August 11, 115 (Minguo)

4. Other Approval Dates: Not applicable

5. Quantity of units (e.g., XX square meters, equivalent to XX ping), unit price, and total transaction amount: Approximate area: 224,400 square meters. Estimated unit price: approximately IDR 1,925 thousand per square meter. Total transaction amount (maximum limit): approximately IDR 431,970,000 thousand (excluding tax)

6. Counterparty and its relationship with the company (if the counterparty is an individual and not a related party, name disclosure may be omitted): To be determined and announced separately

7. If the counterparty is a related party, disclose the reason for selecting them, previous owner, relationships among previous owner, company, and counterparty, transfer date, and amount: Not applicable

8. If the property’s owner 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. Estimated gain (or loss) on disposal (not applicable for asset acquisition) (deferred gains/losses should be detailed): Not applicable

10. Delivery or payment terms (including payment schedule and amounts), contractual restrictions, and other important agreements: Payment terms: Payment according to land lease agreement Contractual restrictions and other important agreements: None

11. Transaction decision method (e.g., bidding, comparison, negotiation), reference basis for price determination, and decision-making unit: Transaction decision method and price reference: Based on valuation report and negotiation Decision-making unit: Board authorized the Chairman to approve and execute

12. Name of professional valuation firm/company and valuation amount: Valuation firm: KJPP ASNO MINANDA, USEP PRAWIRA DAN REKAN Valuation amount: Approximately IDR 1,926 thousand to 2,215 thousand per square meter

13. Name of professional valuer: Adrianus Andries

14. Valuer’s license number: P-1.20.00583

15. Whether the valuation report specifies a limited, special, or fixed price: No or not applicable

16. Whether valuation report has not yet been obtained: No or not applicable

17. Reason for not obtaining valuation report: Not applicable

18. Reasons for significant differences in valuation results and auditor’s opinion: Not applicable

19. Auditor firm name: Not applicable

20. Auditor name: Not applicable

21. Auditor license number: Not applicable

22. Broker and brokerage fees: None

23. Specific purpose or use of the acquisition or disposal: To meet operational planning needs, for construction of new factories, offices, and dormitories

24. Dissenting director’s opinion on the transaction: None

25. Whether the transaction is a related-party transaction: No

26. Date of supervisor approval or audit committee consent: August 11, 115 (Minguo)

27. Whether the transaction involves acquiring real estate or its usage rights from a related party: No

28. Valuation price under Article 16 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies': Not applicable

29. Valuation price under Article 17 of the same rules if the previous valuation is lower than transaction price: Not applicable

30. Previous date of material information disclosure regarding the same event: Not applicable

31. Other explanatory matters: The board authorizes Mr. Cheng Hsin-Lung, Chairman of PT Baihong Indonesia, to proceed with the acquisition of the land (land use rights), confirm transaction terms, and sign all related contracts and documents, within a total amount not exceeding approximately IDR 431,970,000 thousand (excluding tax). The transaction will be reported at the next board meeting.