Date of announcement  2020/04/27
Time of announcement  22:09:53
 
Date of events   2020/04/27 
To which item it meets paragraph 20
Statement 
1.Name and nature of the subject matter (e.g.land located at
  Sublot XX, Lot XX, North District, Taichung City):
Part of office space and parking spaces on the 8th, 12th, 13th and
18th floors of No.135, Dunhua North Road, Songshan District, Taipei City.
2.Date of the occurrence of the event:2020/04/27
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing),
  unit price, total transaction price:
(1)Office lease area: 1,847.92 ping
Price per unit(including tax):
From January 1,2021 to December 31,2023,the monthly rent for each ping is
NTD 3,352~3,944.
From January 1,2024 to December 31,2025,the monthly rent for each ping is
NTD 3,453~4,062.
Total amount of rent(including tax):
From January 1,2021 to December 31,2023,the monthly rent is NTD6,415,478.
From January 1,2024 to December 31,2025,the monthly rent is NTD6,608,541.
(2)Number of car parking spaces: 33
Price per unit(including tax):
From January 1,2021 to December 31,2025,the monthly rent for each
is NTD8,400.
Total amount of rent:
From January 1,2021 to December 31,2025,the monthly rent is NTD277,200.
(3)Amount of use right assets:
NTD787,122,381 (including tax, office lease consideration for renewal
rights)
4.Counterparty to the trade and its relationship with the company (if
  the trading counterpart is a natural person and is not an actual
  related
  party of the Company, the name of the trading counterpart is not
  required to be disclosed):
The trading counterpart is China Life Insurance Co., Ltd.,
a related party of the Company.
5.Where the counterparty to the trade is an actual related party, a
  public announcement shall also include the reason for choosing the
  related party as trading counterpart and the identity of the
  previous owner (including its relationship with the company and
  the trading counterpart), price of transfer and the date of
  acquisition:
Reason for choosing the related party as trading counterpart:
In response to business development needs.
Owners and companies of the previous transfer: Above-ground rights land
managers: Northern Region Branch, National Property Administration of the
Ministry of Finance and Political Warfare Bureau of the Ministry of
National Defense.
The relationship of transaction counterparties: Non-related.
Date of previous transfer: The date of acquiring the rights on the
ground is January 20, 2014.
Transfer amount: Receiving ground right premium price
is NTD14,168,000 thousand.
6.Where a person who owned the property within the past five years has
  been an actual related person of the company, a public announcement
  shall also include the dates and prices of acquisition and disposal
  by the related person and the person’s relationship to the company
  at those times:N/A
7.Anticipated loss or profit from the disposal (not applicable in cases
  of acquisition of assets) (where originally deferred, the status or
  recognition shall be stated and explained):N/A
8.Terms of delivery or payment (including payment period and monetary
  amount), restrictive covenants in the contract,
 and other important stipulations:
Rental paid every month; no restrictive covenants in the contract,
and other important stipulations.
9.The manner of deciding on this transaction (such as tender invitation
 , price comparison, or price negotiation), the reference basis for the
  decision on price and the decision-making department:
The transaction price is decided based on the professional real estate
appraisal report and authorized by Board of Directors.
10.Name of the professional appraisal institution and its appraisal
   amount:
Institution name :
(1)Repro International Appraisals
(2)Zhan-Mao Real Estate Appraisers Firm
Its appraisal amount (including tax):
(1)Repro International Appraisals：The right of use asset
is NTD 809,907,002.
(2)Zhan-Mao Real Estate Appraisers Firm：The right of use asset
is NTD 823,403,708.
11.Name of the appraiser:
(1) Repro International Appraisals：WU, HONG-HSU.
(2) Zhan-Mao Real Estate Appraisers Firm：YANG, SHANG-HUNG.
12.Practice certificate number of the appraiser:
(1) Repro International Appraisals：(94)TCG NO.000065.
(2) Zhan-Mao Real Estate Appraisers Firm：(108)TCG NO.000083.
13.Is the appraisal report price a limited price or specific price?:No.
14.Has an appraisal report not yet been obtained?:No.
15.Reason for an appraisal report not been obtained:N/A.
16.Reason for any significant discrepancy with the transaction amount,
   and opinion of the certifying CPA:N/A.
17.Name of the CPA firm:N/A.
18.Name of the certifying CPA:N/A.
19.The practice certificate number of the CPA:N/A.
20.Broker and broker's fee:N/A.
21.Concrete purpose or use of the acquisition or disposal:
In response to business development needs.
22.Do the directors have any objection to the present transaction?:None.
23.Is it a related party transaction?:Yes.
24.Date of the board of directors’resolution:2020/04/27
25.Date of the recognition of the supervisors
or the board of independent directors’resolution:2020/04/27
26.Is the transaction to acquire a real estate
or right-of-use asset from the related party?: Yes.
27.The appraisal price conducted in accordance with
the Article 16 of the ”Regulations Governing the Acquisition
and Disposal of Assets by Public Companies”:NTD2,062,544 thousand.
28.Where the above appraisal price is lower than
the transaction price, the appraisal price conducted
in accordance with the Article 17 of the
”Regulations Governing the Acquisition and Disposal
of Assets by Public Companies”:N/A
29.Any other matters that need to be specified:None.