China Steel Corporation announced on behalf of subsidiary CSRC for the acquisition of real estate right-of-use assets. Name and nature of the underlying asset: Land serial no.1103-1 located at Zhonglinzi Section, Xiaogang Dist., Kaohsiung City, and the buildings located thereon. Transaction unit amount, unit price, and total transaction price: Transaction unit amount: 34,656 square meters (2)Unit price: Land: around TWD 14.56 million per year (tax excluded, adjusted with the assessed present value) Buildings: around TWD 2.82 million per year (tax excluded, adjust with the Domestic Sales and Import Price Index) (3)Total transaction price: around TWD 225,554,941 for right-of-use assets.
Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract,and other important terms and conditions: (1)Terms of period: according to the contract (2)Rental period: January 01, 2025 to December 31, 2029, 5 years.