Announcements
12.Aug.2024

The related party transaction information in the notes to the consolidated financial statements for 2023 has been updated and corrected. No impact on P/L.

1.Date of occurrence of the event:2024/08/12
2.Company name: Solar Applied Materials Technology Corp.
3.Relationship to the Company (please enter ”head
   office” or ”subsidiaries”):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:Updated and corrected the related party transaction
information in the notes to the company's consolidated financial report
for the fourth quarter of 2023.
6.Information items/ statements to be corrected:2023 Fourth Quarter
Consolidated Financial Report Notes 35. Related Party Transactions.
7.Amounts/ contents/ number of page to be corrected:
(1) Names of related parties and their relationships (P71):
    Details added after correction.
(7) Acquired real estate, plants and equipment and prepaid equipment payments
    (P73): Details added after correction.
(10) Transactions with other related parties (P74): Details added after
    correction.
8.Amounts/ contents/ number of page after correction:
(1) Name of related person and relationship (P71): 
          Name of related person                      Relationship with the merged company
  -----------------------------------------      ---------------------------------------------
Rytass Co., Ltd. (Rytass)                                     Substantial related person
Boyu Technology Co., Ltd.(Boyu)                       Substantial related person
Kiitzu, Inc.(Kiitzu)                                           Substantial related person
Xin Lian Xing Co., Ltd. (Xin Lian Xing)                Substantial related person
Hat Ben Qiao Miao Co., Ltd.(Hat)                      Substantial related person
Dagger two wood two co., ltd.(Dagger)            Substantial related person
Youjun Investment Co., Ltd.(Youjun)                  Substantial related person
(7) Acquired real estate, plants and equipment and prepaid equipment
payments (P73)
                                                         Get price
                                       ---------------------------------------
R/P category/name               2023 years          2022 years
--------------------            ----------------     ------------------
Other R/P-GSR                        $ 58,753                $ 88,948
Other R/P-DONG SHIANN         35,290                   85,558
Substantial R/P-Rytass               14,048                            -
Substantial R/P-Boyu                    5,000                           -
Substantial R/P-Kiitzu                   3,202                           -
Other R/P-SHORE JO                       243                  83,433
Other R/P-Other                           1,602                       388
                                          ----------------      ------------------
                                                 $ 118,138              $ 258,327
                            ================ ==================
1. As of December 31, 2023 and 2022, the combined company's unrecognized
   contractual commitment amounts to Gassenray were NT$ 9,524 thousand and
   NT$ 68,468 thousandrespectively.
2. As of December 31, 2023 and 2022, the combined company's unrecognized
   contractual commitment amounts to Dongxian Engineering were NT$ 41,373
   thousand and NT$ 602 thousand respectively.
3. As of December 31, 2023, the combined company's unacknowledged contract
   commitment amount to Rytass was NT$ 14,048 thousand.
4. As of December 31, 2023, the combined company's unrecognized contractual
   commitment amount to Boyu was NT$ 5,000 thousand.
5. As of December 31, 2020, the combined company's unacknowledged contract
   commitments amounted to NT$ 3,202 thousand.
(10) Transactions with other related parties (P74)
1. 2012 and 2011, the merger company paid consulting fees to other related
    parties- GSR, which were NT$10,500 thousand and NT$ 9,650 thousand
    respectively, whichwere included in the management expenses.
2. 2023, the combined company paid consulting fees of NT$ 400 thousand to
    substantialrelated parties, which were included in management expenses.
    As of December 31, 2023, the combined company's unacknowledged
    contractual commitments to substantial related parties amounted to
    NT$ 6,267 thousand.
3. 2023, the merged company collected rental income of NT$ 1,887 thousand
    from affiliated enterprises.
9.Countermeasures:Released important news in MOPS and corrected some
   information in the notes to the fourth quarter consolidated financial
report of 2023.
10.Any other matters that need to be specified:None

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