REG - Acer Incorporated Acer Inc. - ACIA - To announce the Company's information

AcerAnnouncement

17/01/2024 10:15

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RNS Number : 0153A  Acer Incorporated  17 January 2024

Subject: Acer Board of Directors Approved America Subsidiary to Purchase a
Self-use Real Estate.

Date of events:2024/01/17

Contents:

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

The land and building located in SANTA CLARA, CA

2.Date of occurrence of the event:2024/01/17

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

The total transaction amount is expected to reach the public disclosure
criteria, NT$300M. Due to both parties' non-disclosure agreement, the final
sales price will be further disclosed when the potential transaction has
closed.

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):

Not related party, it will be further disclosed when the purchase transaction
has closed.

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:

Not related party

Previous transfer information: not applicable.

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:

Not related party

Previous transfer information: not applicable.

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

Not applicable.

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

A deposit is due upon execution of the purchase agreement. Full payment of the
remaining purchase price is due at closing of the transaction.

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:

Acer Inc. Board of Directors

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

Valbridge Property Advisors

11.Name of the professional appraiser:

Colene Holzhauer, Mai

Maria Aji, Ph.D.

12.Practice certificate number of the professional appraiser:

Colene Holzhauer, Mai: California Certified License # 3010836

Maria Aji, Ph.D.: California Certified License # AG 027130

13.The appraisal report has a limited price, specific price, or special price:

Not applicable.

14.An appraisal report has not yet been obtained: Not applicable.

15.Reason for an appraisal report not being obtained: Not applicable.

16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA: Not applicable.

17.Name of the CPA firm: Not applicable.

18.Name of the CPA: Not applicable.

19.Practice certificate number of the CPA: Not applicable.

20.Broker and broker's fee: Colliers International. Broker's fee will be paid
by seller.

21.Concrete purpose or use of the acquisition or disposal:

The purpose of purchasing this real estate is for Pan America operations and
related Acer subsidiaries business and operation requirements.

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

23.Whether the counterparty of the current transaction is a related party: No

24.Date of the board of directors resolution: NA

25.Date of ratification by supervisors or approval by the audit committee: NA

26.The transaction is to acquire a real property or right-of-use asset from a
related party: No

27.The price assessed in accordance with the Article 16 of the Regulations
Governing the Acquisition and Disposal of Assets by Public Companies: Not
applicable

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: Not
applicable

29.Any other matters that need to be specified:

The Board of Directors authorized to execute above potential deal within
NTD500 million.

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