Subject:To announce the acquisition of the superficial rights of land located at No.91, Ruanqiao Section, Beitou Dist., Taipei City

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Provided by: Compal Electronics, Inc.
SEQ_NO	3	Date of announcement	2021/11/19	Time of announcement	17:15:41
Subject	Subject:To announce the acquisition of the superficial rights of land located at No.91, Ruanqiao Section, Beitou Dist., Taipei City
Date of events	2021/11/19	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 located at No.91, Ruanqiao Section, Beitou Dist., Taipei City 2.Date of occurrence of the event:2021/11/19 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: The spaces of land: 44,916.86 square meters; equivalent to 13,587.35 ping Total amounts of Royalty: NT$8,198,548 thousands (excluding tax) 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):Counterparty: Taipei City Government Relationship with the Company: non-related party 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:NA 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: (1)Royalties: (a)The first installment: 20%; to be paid in 10 days from the contract execution date (b)The second installment: 16%; to be paid in 1 year from the contract execution date (c)The third installment: 16%; to be paid in 2 years from the contract execution date (d)The fourth installment: 16%; to be paid in 3 years from the contract execution date (e)The fifth installment: 16%; to be paid in 4 years from the contract execution date (f)The sixth installment: 16%; to be paid in 5 years from the contract execution date (2)The duration of superficies: 50 years, to be extended additional 20 years if applied (3)Land rent: sum of (a) and (b) (a)Derive the annual rent by applying 2.5% of the declared land value at the year in which the contract is signed; (b)Derive the annual rent by applying 1% of the declared land value in the current year. The number shall be adjusted when the declared land value changes due to the reassessment. If the land rent increases by more than 6% compared with the previous year, the excess part shall not be collected. 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: The manner of deciding on this transaction: Open tender; The decision-making unit: Approved by the board of directors 10.Name of the professional appraisal firm or company and its appraisal price:NA 11.Name of the professional appraiser:NA 12.Practice certificate number of the professional appraiser:NA 13.The appraisal report has a limited price, specific price, or special price:NO 14.An appraisal report has not yet been obtained:NO 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: NA 21.Concrete purpose or use of the acquisition or disposal: To establish the Group��s operating headquarter 22.Any dissenting opinions of directors to the present transaction:NONE 23.Whether the counterparty of the current transaction is a related party:NA 24.Date of the board of directors resolution:2021/11/11 25.Date of ratification by supervisors or approval by the audit committee:2021/11/11 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: The Company participates in the open tender by means of organizing a cooperative alliance with AcBel Polytech Inc. to bid the superficial rights. After the cooperative alliance wins the bidding, the Company and AcBel Polytech Inc. will jointly incorporate and invest in a SPV to be the main party to execute the agreement with Taipei City Government afterwards.