YFY : announced on behalf of YFY Global Investment B.V. for the board’s resolution to increase the paid-in capital to its subsidiary(Revise)

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Provided by: YFY Inc.
SEQ_NO	1	Date of announcement	2022/08/10	Time of announcement	14:23:25
Subject	YFY Inc. announced on behalf of YFY Global Investment B.V. for the board's resolution to increase the paid-in capital to its subsidiary(Revise)
Date of events	2022/01/28	To which item it meets	paragraph 20
Statement	1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.):Arizon RFID Technology (Cayman) Co., Ltd. ("Arizon Cayman") 2.Date of occurrence of the event:2022/01/28 3.Amount, unit price, and total monetary amount of the transaction: Volume：56,244,934 shares；Unit Cost NTD 54.93； Total Amount: NTD 3,089,755,631 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):100% owned subsidiary 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:Not Applicable 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: Previous Owner: YFY RFID Co., Ltd.(86.53% subsidiary) Arizon Cayman paid-in Capital: NTD 10 Arizon Cayman shares issued: 1 share Shares in transaction: 1 share Price: NTD 10 YFY Global Investment B.V. acquired date: Jan 10th 2022 7.Matters related to the current disposal of creditors' rights (including types of collaterals of the disposed creditor's rights; if creditor's rights over a related party, announcement shall be made of the name of the related party and the book amount of the creditor's rights, currently being disposed of, over such related party):Not Applicable 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):Not Applicable 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:Not Applicable 10.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 Board of YFY Global Investment B.V. 11.Net worth per share of the Company's underlying securities acquired or disposed of:Not Applicable 12.Cumulative no.of shares held (including the current transaction), their monetary amount, shareholding percentage, and status of any restriction of rights (e.g., pledges), as of the present moment: Company Name：YFY Global Investment B.V. Volume：56,244,935 shares Amount：NTD 3,089,755,631 Shareholding percentage：86.53% Status of any restrictions of rights：None 13.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present: Current ratio of long term securities investment to the total assets: 4.62% Current ratio of long term securities investment to shareholder's equity : 6.38 % The operating capital :NT$ -1,914,916 thousands 14.Broker and broker's fee:None 15.Concrete purpose or use of the acquisition or disposal: Long-term investments 16.Any dissenting opinions of directors to the present transaction:None 17.Whether the counterparty of the current transaction is a related party:Yes 18.Date of the board of directors resolution:2022/01/28 19.Date of ratification by supervisors or approval by the Audit Committee:NA 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:None 21.Name of the CPA firm:Modesty CPA Firm 22.Name of the CPA:Ho, Jeng-wei 23.Practice certificate number of the CPA: Membership of Taipei CPA Association No. 3861 24.Whether the transaction involved in change of business model:No 25.Details on change of business model:Not Applicable 26.Details on transactions with the counterparty for the past year and the expected coming year:Not Applicable 27.Source of funds:Not Applicable 28.Any other matters that need to be specified:None