LARGAN Precision : Announcement for Acquisition of Real Property

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Provided by: LARGAN Precision Co.,Ltd
SEQ_NO	2	Date of announcement	2022/03/03	Time of announcement	15:54:49
Subject	Announcement for Acquisition of Real Property
Date of events	2022/03/03	To which item it meets	paragraph 20
Statement	1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City): Land No. 147-0, 148-0, 149-0, 150-0 Wen-Shan Section, Nantun District, Taichung City Building No. 218-1, 218-2, 218-3 Wen-Shan Section, No. 32, Gongyequ 18th Rd., Nantun Dist., Taichung City 2.Date of occurrence of the event:2022/03/03 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: Land: 10,081 square meters, equivalent to 3,049.503ping Building: 3,180.36 square meters, equivalent to 962.059 ping Total transaction price NT$1,000,000,000 4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):Reason Industrial Corporation 5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer: Non-related party 6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction:NA 7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):NA 8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:According to the contract. 9.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:Price negotiation 10.Name of the professional appraisal firm or company and its appraisal price: Zhonglian Real Estate Appraiser: NT$1,072,951,271 Affluence Real Estate Appraiser: NT$1,055,377,517 11.Name of the professional appraiser: Zhonglian Real Estate Appraiser: Liao Feng-Lin Affluence Real Estate Appraiser: Chen Bi-Yuan 12.Practice certificate number of the professional appraiser: Liao Feng-Lin (96) Taipei City No. 000122 Chen Bi-Yuan (98) Yilan County No. 000020 13.The appraisal report has a limited price, specific price, or special price: NA 14.An appraisal report has not yet been obtained:NA 15.Reason for an appraisal report not being obtained:NA 16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:NA 17.Name of the CPA firm:NA 18.Name of the CPA:NA 19.Practice certificate number of the CPA:NA 20.Broker and broker's fee: PwC Professional Services Taiwan Ltd. NT$8,000,000 21.Concrete purpose or use of the acquisition or disposal: Future capacity needs 22.Any dissenting opinions of directors to the present transaction:NA 23.Whether the counterparty of the current transaction is a related party:No 24.Date of the board of directors resolution:NA 25.Date of ratification by supervisors or approval by the audit committee:NA 26.The transaction is to acquire a real property or right-of-use asset from a related party:No 27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies:NA 28.Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulations:NA 29.Any other matters that need to be specified:None