A supplement to China Development Financial Holding's announcement on the acquisition of real property right-of-use assets on April 27, 2020.

2021-06-28
Announcements

Date of announcement   2021/06/28
Time of announcement  20:22:27
Date of events                2021/06/28 
To which item it meets paragraph 20

Statement
1.Date of occurrence of the event:2021/06/28
2.Date of the original announcement and reporting:2020/04/27
3.Summary of the content originally announced and reported:
(1)On 4/27/2020. The original announcement was made to lease
the offices on the 8,12,13 and 18 floors of No. 135 Dunhua North
Road, Songshan District, Taipei City as well as car parking spaces
from China Life Insurance Co., Ltd from 1/ 1/ 2021 to 12/31/2025,
and the right-of-use asset amount was appraised at
NT$787,122,381(tax included).
(2)On 11/23/2020. Supplement the original announcement was made to
change the  office lease term to : from 1/1/2021 to 6/30/2031.
Unless there is another agreement between the two parties, the rent
will be increased in 3% of the previous rate in the following timelines:
the 7th to 9th year, and the10th year. The adjusted right-of-use asset
amount was appraised at NT$789,721,216(tax included)
4.Reason for change and its main content:
(1) The office lease term is changed to: from 1/1/2021 to 9/30/2036.
Unless there is another agreement between the two parties,
the rent will be increased in 3% of the previous rate in the
following timelines: the 7th to 9th year, 10th to 12th year, and 13th
to 15th year. The adjusted value of right-of-use asset will be
NT$1,127,318,365(tax included)
(2) Repro International Appraisals and Zhan-Mao Real Estate
Appraisers Firm have separately issued the appraisal reports
based on the amended terms and conditions. The right-of-use asset amount
appraised by Repro International Appraisals is NT$1,190,830,873
(tax included); and the right-of-use asset amount appraised by
Zhan-Mao Real Estate Appraisers Firm is NT$1,210,762,727 (tax included).
5.Effect on the Company's finance and business after the change:None
6.Any other matters that need to be specified:None

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A supplement to CDAMC’s announcement on the acquisition of real property right-of-use assets on April 27, 2020.
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