ShinHsiung Natural Gas : Announcement that the Company lease part of houses and buildings to subsidiary

About this update from Shinhsiung Natural Gas Inc.

Close Today's Information Provided by: SHINHSIUNG NATURAL GAS INC. SEQ_NO 1 Date of announcement 2022/06/22 Time of announcement 14:40:37 Subject Announcement that the Company lease part of houses and buildings to subsidiary Date of events 2022/06/21 To which item it meets paragraph 20 Statement 1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City): Part of No. 99, Sec. 1, Guotai Rd., Fengshan Dist., Kaohsiung City, Taiwan 2.Date of the occurrence of the event:2022/06/21~2022/06/21 3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price: Transaction amount: Transaction volume: 7 ping(Total of the three subsidiaries) Unit price: NT$600 per ping per month(tax excluded) lease period:5 years. Total transaction price: NT$252,000 (tax excluded) 4.Trading counterparty and its relationship to 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): Counterparty to the trade: Siungwei Investment Co., Ltd., Kaitai Co., Ltd. and Shinhsiung Construction Co., Ltd. Relationship with the company: Subsidiary 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 value of transfer: The building is suitable for subsidiary 's operation needs 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 to the Company at the time of the transaction:N/A 7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):N/A 8.Terms of delivery or payment (including payment period and monetary value), restrictive covenants in the contract, and other important terms and conditions: Paying annually. Lease period: 2022/07/01~2027/06/30 9.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation...

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