Kunyue Development Co., Ltd. announced Contract for the New Construction of the "KUNYUE MU-GUANG-DI" in Shalu Dist., Taichung City. Type of contract: Commissioning others to build on own land. Date of occurrence of the event is June 26, 2024.

Counterparty to the contract and relationship with the Company: Kun Lian Construction Co., Ltd./Subsidiary of the Company. Total contract amount: TWD 566,000,000 (tax included). Anticipated monetary amount of participation in the investment: TWD 566,000,000 (tax included).

Start and end dates of the contract: From the date when the construction plant is notified of the start of construction to the date of completion. Date of the board of directors? resolution is June 26, 2024.