Hi-Yes International Co., Ltd. at its board meeting held on May 13, 2024 approved the signing of a joint construction contract for No.162, Xinbei Section, Xinshi District, Tainan City. Counterparty to the contract and relationship with the Company: Hi-Yes Construction Co., Ltd. (Subsidiary of the company). 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)Land mark: No.162 of Xinbei Section, Xinshi District, Tainan City, (2)Base area: 4,728.17 square meters (About 1,430.27 pings), (3)Allocation ratio: The proportion of joint construction is planned to allocate 37% of the landlord and 63% of the builder.

(4)Estimated amount of participation: Hiyes International Co., Ltd. Is approximately TWD 738.4 million. (1)Name of the professional appraisal firm: Fujia Estate Appraisers Firm. Appraisal result joint construction ratio: Landlord: 36.16%, Builder: 63.84% (2)Name of the professional appraisal firm: Zhan-Mao Real Estate Appraisers Firm.

Appraisal result joint construction ratio: Landlord: 36.50%, Builder: 63.50%.