Announcement on behalf of the Sinyi Development Inc. entering into an investment contract "Tucheng-Shulin Line LG16 Station Entrance A MRT Development Project" ｜ Sinyi Realty Inc. ｜ Investor Relations

Subject：Announcement on behalf of the Sinyi Development Inc. entering into an investment contract "Tucheng-Shulin Line LG16 Station Entrance A MRT Development Project"

To which item it meets：paragraph 20
Date of events： 2025/07/02

Statement:
1.Type of contract:Jointly-constructed with house divided
2.Date of occurrence of the event:2025/07/02
3.Date of the board of directors resolution:NA
4.Other approval date:2025/07/02
5.Counterparty to the contract and relationship with the Company: Contract Counterparty: Department of Rapid Transit Systems of New Taipei City Government; relationship with the Company: None.
6.Major content of the contract (including total contract amount, anticipated monetary amount of participation in the investment, and start and end dates of the contract), restrictive covenants, and other important terms and conditions:
(1) development site:7 Land lots with No.1095 etc., were situated in Shude Section, Shulin District, New Taipei City.
(2) Site Area: 1,532 square meters, approximately equivalent to 463.43ping.
(3) Estimated total investment amount: NT$1,999,070 thousand
(4) Contract start and end date: construction will be completed within 1,950 calendar days from the start date of the project.
7.Name of the professional appraisal firm or company and its appraisal opinion:not applicable
8.Name of the real property appraiser:not applicable
9.Practice certificate number of the real property appraiser:not applicable
10.Concrete purpose of the acquisition:to meet business development needs and expand the brand's track record in MRT development.
11.Any dissenting opinions of directors to the present transaction:not applicable
12.Whether the counterparty of the current transaction is a related party:no
13.Date of ratification by supervisors or approval by the audit committee:NA
14.The appraisal report has a limited price, specific price, or special price:not applicable
15.An appraisal report has not yet been obtained:not applicable
16.Reason for an appraisal report not being obtained:not applicable
17.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:not applicable
18.Name of the CPA firm:not applicable
19.Name of the CPA:not applicable
20.Practice certificate number of the CPA:not applicable
21.Date on which material information regarding the same event has been previously released:NA
22.Any other matters that need to be specified:the Company's board of directors resolved on April 9th, 2025, to authorize the Chairperson of Sinyi Development Inc. to participate in real estate development project bidding and contract signing matters. And the chairperson of Sinyi Development Inc. decided to enter the contract with Department of Rapid Transit Systems of New Taipei City Government on July 2nd, 2025.