Acer Gdr Reg S Regulatory News (ACID)

Subject: Announcement of Aspire Service & Development Inc. acquiring the real property right-of-use assets

Date of events:2019/12/31

Contents:

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

1. Aspire Resort (1~5F. and partial B1~B2, No. 428, Kewang Rd., Longtan Dist., Taoyuan City, Taiwan); and

2. Aspire Park- Elegant House (No. 46 and No.66, Ln. 205, Kewang Rd., Longtan Dist., Taoyuan City, Taiwan and No. 1, Ln. 237, Kewang Rd., Longtan Dist., Taoyuan City, Taiwan)

2.Date of the occurrence of the event: 2019/12/31

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price:

Transaction volume: 1. Aspire Resort: about 5,667 p'ing; 2. Aspire Park- Elegant House: about 3,848 p'ing

Monthly rent price:1. Aspire Resort: NT$1.3million; 2. Aspire Park- Elegant House: NT$1.9 million

Total amount of right-of-use assets: 1. Aspire Resort: NT$15,502 thousands; 2. Aspire Park- Elegant House: NT$22,656 thousands

4.Counterparty to the trade and its relationship with the company (if the trading counterpart is a natural person and is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed): Counterpart: Parent company, Acer Inc.

5.Where the counterparty to the trade is an actual related party, a public announcement shall also include the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer and the date of acquisition:

Reason for choosing the related party: The management and exercising to the group resources.

The identity of the previous owner: NA

6.Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person's relationship to the company at those times:NA

7.Anticipated loss or profit from the disposal (not applicable in cases of acquisition of assets) (where originally deferred, the status or recognition shall be stated and explained):NA

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

Leasing period: 2020/01/01~2020/12/31

Restrictive covenants in the contract, and other important stipulations: without lessor' prior consent, the lessee cannot refit the building.

9.The manner of deciding on this transaction (such as tender invitation, price comparison, or price negotiation), the reference basis for the decision on price and the decision-making department: According to the relevant rules, Chairman of Acer Inc. is authorized to decide it within specific transaction amount.

The price of these transactions is referred to the same district.

10.Name of the professional appraisal institution and its appraisal amount: NA

11.Name of the appraiser: NA

12.Practice certificate number of the appraiser: NA

13.Is the appraisal report price a limited price or specific price?: NA

14.Has an appraisal report not yet been obtained?: NA

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

16.Reason for any significant discrepancy with the transaction amount, and opinion of the certifying CPA:NA

17.Name of the CPA firm:NA

18.Name of the certifying CPA:NA

19.The practice certificate number of the CPA:NA

20.Broker and broker's fee:NA

21.Concrete purpose or use of the acquisition or disposal: For the purpose of the core business of Aspire Service & Development Inc.

22.Do the directors have any objection to the present transaction?:NA

23.Is it a related party transaction?:NA

24.Date of the board of directors'resolution: NA

25.Date of the recognition of the supervisors or the board of independent directors' resolution:NA

26.Is the transaction to acquire a real estate or right-of-use asset from the related party?: Yes

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

28.Where the above appraisal price is lower than the transaction price, the appraisal price conducted in accordance with the Article 17 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies": NA

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