Cathay Real Estate Development Co.,Ltd. announced the acquisition of real property located at 1th Subscetion, Lot Sub-city
Center, Xinzhuang District, New Taipei City. Land area amount:2,007.36 square meters, equivalent to 607.23 ping Transaction price: TWD 1,202,335,200,unit price: TWD 1,980,000. Trading counterparty and its relationship with the Company: Kindom Construction Corp.& 10 natural persons. Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: 1st payment: 30% of transaction amount; 2nd payment: 50% of transaction amount; 3th payment: 20% of transaction amount. Date of occurrence of the event: March 29, 2024.