Page 388 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

Policy on Acquisition or Lease of Land and/or Building from the Connected

Person

The Group has established the Asset Light Business Operation Policy making the future branch expansion mainly
focusing on space leasing. Moreover, business development department of the Group would find the suitable
locations for branch expansion and negotiate for the price suitable with the business operation. If the land or building
is owned by the connected persons, the Group would comply with the rules regarding related party transaction and
transaction of asset acquisition or disposition determined by the Capital Market Supervisory Board, the Securities
and Exchange Commission, and the Stock Exchange. The Group also has established the policy on the acquisition
or lease of land and/or building from the connected persons as a guideline for the relevant organizations.
The contents are as detailed below.

• During the feasibility study, the Group shall carefully consider various factors in order to ensure that
the acquisition of land and/or building would provide a maximum benefit to the Company and its subsidiaries.
• The transaction of land and/or building acquisition or leasing shall be done with the conditions complying
with general commercial terms.
• The Group shall comply with the rules regarding related party transaction and transaction of asset acquisition
or disposition determined by the Capital Market Supervisory Board, the Securities and Exchange Commission,
and the Stock Exchange.
• The Group shall present the transactions according to aforementioned criteria to the meeting of Board of Directors
to approve all the transactions. The Audit Committee shall be appointed to consider and give opinion about
necessity and reasonability of the transaction price before it is presented to the Board of Directors and/or
the meeting of shareholders (according to the case) to consider for approval. The connected persons would
have no right to vote for any decisions done for that transaction.

388 Annual Report 2021 (Form 56-1 One-Report)