Class Phoenix Shares - Official release

Dear President of the alumni association of North America and the alumni of our alma mater:

"National Cheng Kung University North American Alumni Foundation, Inc. (NCKUNAAFI) has reached an agreement with the Grandway Group to launch a new class of shares of Grandway REIT Investors, LLC, a subsidiary of the Grandway Group, for medium- to long-term investment by NCKU alumni and related parties in North America and around the world. A portion of the dividends earned will be donated to the NCKU Fund. This fund is dedicated to projects that support our alma mater.

Please find attached the "Class Phoenix Shares Introduction Letter" and the "Class Phoenix Shares Presentation". Please forward them to your local alumni. Wish you all good health and all the best!

Your sincerely,

Board of Directors, NCKUNAAFI.

Presentation information about Grand Group North America Phoenix Fund,click here to see.

NCKUNAAFI