Chailease Holding Company Limited, through its subsidiary Hui Meng No.1 Energy Co. Ltd., has announced the board of directors' resolution to sign an agreement for a solar farm project located in Budai Township and Yizhu Township, Chiayi County, on May 21, 2024. The project entails a lump-sum contract with a total transaction price not exceeding TWD 4,440,000,000.

The trading counterparty, GREENROCK ENERGY CO., LTD., is unrelated to the company. The decision was made based on the contractor's quotation and agreement, and it was approved by the Hui Meng No.1 Energy Co. Ltd. Board of Directors.

The purpose of the project is to construct a solar farm, and there were no dissenting opinions from directors regarding the transaction, nor is the counterparty related to the company. No appraisal report or CPA involvement was necessary for the transaction, and no further matters needing specification were identified.