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CHB participates in “2 lands including No. 764 and 764-1, Subsection 1, Changchun Section, Zhongshan District,Taipei City Urban Renewal Project.”(supplement)

  1. 1.Type of contract:The plan of urban renewal business and The plan of Right Transfer of Urban Renewal. 
  2. 2.Date of occurrence of the event: 2026/09/30 
  3. 3.Date of the board of directors resolution:2025/10/16 
  4. 4.Other approval date:NA 
  5. 5.Counterparty to the contract and relationship with the Company: 
  6. China Real Estate Management Co., Ltd.( Agent implementer;Non-creator) 
  7. No. 
  8. 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: 
  9. (1)The distributable value after renewal of entire Tatung building is NT.18,934,909,510. 
  10. (2)Anticipated monetary amount of participation: 
  11. CHB invested approximately NT. 616,536,010;According to G-bean real esate appraisers firm, market value before renewal for CHB is NT. 1,049,604,244. 
  12. 7.Name of the professional appraisal firm or company and its appraisal opinion: 
  13. (1)G-Bean real estate appraisers firm Appraisal opinion: the rights value of CHB is NT. 1,049,604,244 before renewal, (ratio of rights to value is 12.54326%), rights value will be NT.2,375,055,629 after renewal. 
  14. (2)Honda real estate group Appraisal opinion: the rights value of CHB is NT.1,031,656,759 before renewal, (ratio of rights to value is 12.54269%), rights value will be NT.2,343,250,090 after renewal. 
  15. (3)Cushman & Wakefield real estate appraiser office Appraisal opinion: the rights value of CHB is NT. 1,052,999,035 before renewal, (ratio of rights to value is 12.64102%), rights value will be NT. 2,382,217,680 after renewal. 
  16. 8.Name of the real property appraiser: 
  17. (1)G-beam Real Estate Appraisers Firm:CHANG, NENG-CHENG 
  18. (2)Honda Real Estate Group:CHEN,YI-JEN 
  19. (3)Cushman & Wakefield:LEE,I-HSUAN 
  20. 9.Practice certificate number of the real property appraiser: 
  21. (1)G-beam Real Estate Appraisers Firm:(94) taipei appraisal NO.000081 
  22. (2)Honda Real Estate Group:(104) taipei appraisal NO.000216 
  23. (3)Cushman & Wakefield:(109) taipei appraisal NO.000286 
  24. 10.Concrete purpose of the acquisition: The participation of this urban renewal project not only benefit the improvement of old building (No.764 and 764-1, Subsection 1, Changchun Section, Zhongshan District, Taipei City) but also allow CHANG HWA COMMERCIAL BANK, LTD. to obtain profit of long-term and stable rent income. 
  25. 11.Any dissenting opinions of directors to the present transaction:No 
  26. 12.Whether the counterparty of the current transaction is a related party:No 
  27. 13.Date of ratification by supervisors or approval by the audit committee:2025/10/16 
  28. 14.The appraisal report has a limited price, specific price, or special price:NA 
  29. 15.An appraisal report has not yet been obtained:NA 
  30. 16.Reason for an appraisal report not being obtained:NA 
  31. 17.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:NA
  32. 18.Name of the CPA firm:NA 
  33. 19.Name of the CPA:NA 
  34. 20.Practice certificate number of the CPA:NA
  35. 21.Date on which material information regarding the same event has been previously released:2025/10/16 
  36. 22.Any other matters that need to be specified: 
  37. 1.The appraisal amount by G-Bean real estate appraisers firm is in favor to landlord, so G-Bean's opinion will be used as the reference of valuation. 
  38. 2.This change of business plan and rights transformation plan will be publicly announced for 30 days, from September 25, 2026, to October 24, 2026.