Applied Optoelectronics subsidiary signs 15-year lease in New Taipei City for production facility

APPLIED OPTOELECTRONICS, INC.

Subsidiary Prime World leases ~3,537 sq m land and ~3,406 sq m building in Linkou District, New Taipei City.
Lease term Dec 1, 2024 – Nov 30, 2039; monthly rent starts at NTD 1,300,000, increases 3% every 3 years.
Two-month rent-free renovation period (Oct 1 – Nov 30, 2024); tenant may modify building at its own expense.
Security deposit of NTD 2,600,000 (2 months' rent); lessor is San Ho Enterprise Co., Ltd.
Right of first refusal to purchase property if lessor sells; lease binding on any property buyer.

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