Powertech Technology : Announcement that the Company proposed to sign a real estate construction and leasing contract(tentative).

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Provided by: Powertech Technology Inc.
SEQ_NO	5	Date of announcement	2022/08/10	Time of announcement	15:07:25
Subject	Announcement that the Company proposed to sign a real estate construction and leasing contract(tentative).
Date of events	2022/08/10	To which item it meets	paragraph 51
Statement	1.Date of occurrence of the event:2022/08/10 2.Company name: Powertech Technology Inc. 3.Relationship to the Company (please enter "head office" or "subsidiaries"): Head office 4.Reciprocal shareholding ratios:N/A 5.Cause of occurrence:The Company proposed to sign a real estate construction and leasing contract(tentative) with TeraPower Technology Inc.(TPW), a subsidiary of PTI, and agreed to build a plant and lease it to TPW. According to PTI's Delegation Of Authority, the subsequent negotiation and the relevant procedures shall be approved by the chairman of PTI's Board. 6.Countermeasures:None. 7.Any other matters that need to be specified: After the specific price and relevant details are determined, the transaction will be conducted and disclosed in accordance with relevant regulations.