1.Date of the board of directors' resolution: 2026/03/03
2.Nature of the change:
Subsequent valuation report of investment properties adopting the
fair value model
3.Reason for the change:
 The measurement subsequent to initial recognition of
 investment properties will be altered to fair value model.
4.Changed period for retrospective application of the new accounting policy:
2026/01/01
5.The line items affected and the actual effect for the year
before accounting change:
A. For the affected balance sheet of 2025/01/01: investment properties
increase by NT$1,649,297 thousand, deferred income tax expense increase
NT$33,556 thousand, and unappropriated earnings increase 1,615,741 thousand.
B. For the affected balance sheet of 2025/12/31: investment properties
increase by NT$1,774,644 thousand, deferred income tax expense increase
NT$45,936 thousand, and unappropriated earnings increase 1,728,708 thousand.
C. For the affected 2025 comprehensive balance sheet: profit of investment
properties adjusted via fair value increase by NT$125,347 thousand,
income tax expense decrease NT$12,380 thousand, and net loss decrease
NT$112,967 thousand.
6.Actual effect on the opening balance of retained earnings for
the past accounting year: NT$1,615,741 thousand increased by 2025/01/01
7.The reasonableness and necessity for the change in accounting policy
or accounting estimate after the beginning of the accounting year:
To reasonably reflect the fair value of the Company's investment properties,
the Company adopts the fair value model for subsequent valuation of its
investment properties.
8.If the decided effect is impracticable, specify the reasons
why retrospective application is impracticable, and how and from
when the accounting policy change will be applied: Nil
9.If the decided effect is impracticable, the opinion provided by the CPA
 about the effect of the audit opinion for the accounting year
preceding the accounting change: Nil
10.Opinion expressed by the CPA regarding itemized analysis
of reasonableness: Nil
11.Objection or reservation opinion from the independent directors: Nil
12.Countermeasures:
After the Board resolution of 2026/03/03, the Company shall adopt the fair
value model for subseuqent valuation of its investment properties starting
2026, pursuant to the Regulations Governing the Preparation of
Financial Reports by Securities Issuers
13.Any other matters that need to be specified: Nil