Subsidiary GREEN FREE ENERGY Announcement of stop energy storage equipment in the energy storage field (Changes announced on July 14, 2023 and July 21, 2023)

 Subsidiary GREEN FREE ENERGY Announcement of
stop energy storage equipment in the energy storage field
(Changes announced on July 14, 2023 and July 21, 2023)

1.Name and nature of the underlying asset (e.g., land
located at Sublot XX, Lot XX, North District, Taichung City):
Taoyuan City Zhongli District 100MW Energy Storage Field Case
2.Date of the occurrence of the event:2024/08/23
3.Transaction unit amount (e.g.XX square meters, equivalent
to XX ping), unit price, and total transaction price:
 Transaction amount:Estimated
total investment amount:NT$35 billion.
NT$3,315,000,000 (before tax)
4.Trading counterparty and its relationship to the
Company (if the trading counterparty is a natural
person and furthermore is not a related party of the
 Company, the name of the trading counterparty is
not required to be disclosed):The counterparty of the contract
or commitment: Delta Electronics Industry Co., Ltd.
(an enterprise not affiliated with the Group)
5.Where the trading counterparty is a related party,
announcement shall also be made of the reason for
choosing the related party as trading counterparty and
the identity of the previous owner, its relationship with
 the Company and the trading counterparty, and the
previous date and monetary value of transfer:NA
6.Where an owner of the underlying assets within the past
 five years has been a related party of the Company, the
announcement shall also include the date and price of
acquisition and disposal by the related party, and its
 relationship to the Company at the time of the
transaction:NA
7.Projected gain (or loss) through disposal (not
applicable for acquisition of assets; those with deferral
should provide a table explaining recognition):NA
8.Terms of delivery or payment (including payment period
and monetary value), restrictive covenants in the contract,
 and other important terms and conditions:According to the contract
9.The manner of deciding on this transaction (such as
 invitation to tender, price comparison, or price
negotiation), the reference basis for the decision
on price, and the decision-making department:Decision method:
Negotiation
Decision-making unit: handled in accordance with the company's
approval authority regulations
10.Name of the professional appraisal firm or company
and its appraisal price:NA
11.Name of the professional appraiser:NA
12.Practice certificate number of the professional
appraiser:NA
13.The appraisal report has a limited price, specific
price, or special price::No or not applicable
14.An appraisal report has not yet been obtained::No or not applicable
15.Reason for an appraisal report not being obtained:NA
16.Reason for any significant discrepancy with the appraisal
reports and opinion of the CPA:NA
17.Name of the CPA firm:NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Broker and broker's fee:NA
21.Concrete purpose or use of the acquisition or disposal:
Demand for building energy storage projects
22.Any dissenting opinions of directors to the present
transaction:none
23.Whether the counterparty of the current transaction
 is a related party:no
24.Date of the board of directors' resolution:2024/08/23
25.Date of ratification by supervisors or approval
by the audit committee:NA
26.The transaction is to acquire a real property or
right-of-use asset from a related party:no
27.The price assessed in accordance with the Article
16 of the Regulations Governing the Acquisition and
Disposal of Assets by Public Companies:NA
28.Where the above assessed price is lower than the
transaction price, the price assessed in accordance
with the Article 17 of the same regulations:NA
29.Any other matters that need to be specified:
Electronics Industry Co., Ltd." on July 25, 2012.
The total original contract price was NT$3,315,000,000 (before tax).
After the company internally evaluated relevant factors
such as the location of the project site and the energy
storage market environment, it was decided to terminate
the development of the energy storage project site.
And because our company and "Delta Electronics Industry Co., Ltd."
did not reach a written agreement on price negotiation before
the agreed date, According to the provisions of the contract,
the contract was terminated on that date. The company had no
breach of contract and was not required to pay any price in this case.