Cathay Real Estate Development Co.,Ltd. and Mitsui Fudosan Taiwan Co. Ltd. agreed to set up a joint venture company. Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.): Common stock of Zhulun Realty Co.

Ltd.(tentative name). Date of occurrence of the event: November 9, 2022. Amount, unit price, and total monetary amount of the transaction: Unit price: TWD 10.

No.of shares: 204,000,000 shares. Total monetary amount of the transaction: TWD 2,040,000,000. Capital investment step by step.

Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: In accordance with the JV's capital demand. Capital investment step by step. The first capital investment amount: TWD 204,000,000.

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 unit: The Board resolved for the investment. Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment: Current cumulative volume(including the current trade) held by the Company: 204,000,000 shares. Current cumulative amount(including the current trade)held by the Company: TWD 2,040,000,000.

Shareholding percentage:51%. Status of any restriction of rights: None. Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present: Ratio to the total assets: 18.06%.

Equity attributable to owners of the parent: 44.16%. Working capital: TWD 19,646,586,000.