Icreate disposal of Credo shares

Hon Hai Precision Industry Co Ld

24 July 2024

 

Subject: Announcement on behalf of subsidiary Icreate Investments Limited for its disposal of Credo Technology Group Holding Ltd shares

Contents:

1.Name of the securities: Credo Technology Group Holding Ltd

2.Trading date:2024/07/24

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

Amount:1,474,052 shares

Unit price and total monetary amount of the transaction: The average sale price per share and total amount will be announced after the transaction is completed

4.Gain (or loss) through disposal (not applicable in case of acquisition of securities):

The gain (or loss) through disposal will be announced after the transaction is completed

5.Relationship with the underlying company of the trade: None

6.Current cumulative amount held, monetary amount, and shareholding percentage of cumulative holdings of the securities being traded (including the current trade), and status of any restriction of rights (e.g.pledges):

Cumulative amount held :1,474,052 shares(including the shares to be disposed in this transaction)；

Cumulative monetary amount held :USD 43,514,015；

Shareholding percentage: 0.8%

Status of any restriction of rights (e.g.pledges):None

7.Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:

Ratio to total assets:1.76%

Ratio to owners' equity:4.05%

Working capital: NTD -241,579,390,000

8.Concrete purpose of the acquisition or disposal: Investment realization

9.Any dissenting opinions of directors to the present transaction: None

10.Whether the counterparty of the current transaction is a related party: No

11.Trading counterparty and its relationship with the Company: NA

12.Date of the board of directors resolution:2024/07/24

13.Date of ratification by supervisors or approval by the audit committee: NA

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

 

END