Acer Incorporated To announce the Company's information (0587Y)

TIDMACID TIDMACIA

RNS Number : 0587Y

Acer Incorporated

11 January 2022

Subject: Announcement of Aspire Service & Development Inc. (ASDI) acquiring the real property right-of-use asset

Date of events: 2022/01/11

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):

Aspire Resort, Aspire Hotel, Aspire Research Complex, Zhi Zun Buliding located in Longtan Dist. Aspire Park

2.Date of occurrence of the event:2022/01/11

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:

Total Amount of Transaction: No exceed than NTD 800 million.

Relevant information will be announced additionally after the confirmation.

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):

Counterpart: Acer Inc.

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:

ASDI rents the assets required for its operation from Acer Inc.

The identity of the previous owner: NA

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: NA

7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition): NA

8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:

Relevant information will be announced additionally after the confirmation.

9.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:

Chairman of Acer Inc. is authorized by BOD to decide it within NTD 800 million.

The lease condition will be enacted and executed with reference to evaluation report issued by the expert.

10.Name of the professional appraisal firm or company and its appraisal price:

Relevant information will be announced additionally after the confirmation.

11.Name of the professional appraiser:

Relevant information will be announced additionally after the confirmation.

12.Practice certificate number of the professional appraiser:

Relevant information will be announced additionally after the confirmation.

13.The appraisal report has a limited price, specific price, or special price: No

14.An appraisal report has not yet been obtained: Yes

15.Reason for an appraisal report not being obtained: NA

16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA: NA

17.Name of the CPA firm: NA

18.Name of the CPA: NA

19.Practice certificate number of the CPA: NA

20.Broker and broker's fee: None

21.Concrete purpose or use of the acquisition or disposal: For the operation of ASDI

22.Any dissenting opinions of directors to the present transaction: None

23.Whether the counterparty of the current transaction is a related party: Yes

24.Date of the board of directors resolution: Approved by BOD of Acer Inc. on Jan. 11, 2022.

25.Date of ratification by supervisors or approval by the audit committee: 2022/01/11

26.The transaction is to acquire a real property or right-of-use asset from a related party: Yes

27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies: NA

28.Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulations: NA

29.Any other matters that need to be specified: None

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January 11, 2022 03:16 ET (08:16 GMT)