RuentEX Development Co.,Ltd. announced to sign the urban renewal contract for "5 lands located at Land No.596, Sublot 2, Lot Chang-an, Zhongshan Dist., Taipei City". Type of contract: Joint construction and urban renewal. Date of occurrence of the event: 14 December 2023 .Counterparty to the contract and relationship with the Company: National Housing and Urban Regeneration Center,non-related parties .

Major content of the contract restrictive covenants, and other important terms and conditions: Contents of land: 5 lands located at Land No.596, Sublot 2, Lot Chang-an, Zhongshan Dist., Taipei City. Land area:4,504 (about 1,362.46 ping) Estimated construction costs about: TWD 5,184,790,000 5.Name of the professional appraisal firm or company and its appraisal opinion: Appraisal Firm: SinYi Real Estate Appraisers Firm Result of appraisal: Co-payment ratio of the whole case is about 39.46% to 42.67% . Appraisal Firm: CornerStone Real Estate Appraisers Firm Result of appraisal: Co-payment ratio of the whole case is about 36.84% to 39.84% 6.Name of the real property appraiser: Liang-An,Chi(SinYi Real Estate Appraisers Firm) Chih-Yin, Wang & Wei-Hsuan, Wei (Corner Stone Real Estate Appraisers Firm) .

Practice certificate number of the real property appraiser: SinYi Real Estate Appraisers Firm: Liang-An,Chi:(100) Bei-shi-gu-zhi No. 000181 (2) Corner Stone Real Estate Appraisers Firm: Chih-Yin, Wang:(108)Bei-shi-gu-zhi No. 000270 Wei-Hsuan, Wei:(112) Bei-shi-gu-zhi No.

000326 8.Concrete purpose of the acquisition: For the construction project in order to enlarge the revenue.