Farglory Land Development Co., Ltd. announced Construction Contract with Land Bank Located Insec. Guangming, Xitun District, Taichung City. Type of contract: Engaging others to build on the land of JV contract.

Date of occurrence of the event: August 8, 2023. Counterparty to the contract and relationship with the Company: Transaction party: Farglory Construction Co., Ltd. Relationship with company: Subsidiary. Major content of the contract (including total contract amount, anticipated monetary amount of participation in the investment, and start and end dates of the contract), restrictive covenants, and other important terms and conditions: Total contract amount: TWD 1,182,457,000.