Subsidiary Icreate disposal GRAM LABS INC. shares

Subject:Subsidiary Icreate Investments Limited disposal GRAM LABS INC. shares

Date of events:2019/12/17

Contents:

1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield):

GRAM LABS INC. common shares

2.Date of occurrence of the event:2019/12/17

3.Volume, unit price, and total monetary amount of the transaction:

3,573,984 shares at about USD 4.848 each;Total amount equals

USD 17,327,902

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

CR Parent Holdings Merger Sub,Inc.; None

5.Anticipated profit or loss from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained):USD 13,327,902

6.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:Market price ;Board of Directors

7.Net worth per share of the underlying securities acquired or disposed of:NTD 11.89

8.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):

0 shares;USD 0; approximately 0%; restriction of rights:None

9.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:

Ratio to total assets:1.54%, ratio to shareholder's equity:3.95%

Operating Capital:NTD-28,636,429,000

10.Broker and broker's fee:

Shareholder Representative Services LLC USD 40,000

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

Realized investment gains

12.Name of the CPA firm:ATAX Accounting Firm

13.Name of the certifying CPA:Danny Cheng

14.The practice certificate number of the CPA:

Financial-Supervisory-Securities-Corporate-5720