Bon Shin disposal of Foxconn Technology shares

Hon Hai Precision Industry Co Ld

19 November 2024

 

Subject: Announcement on behalf of subsidiary Bon Shin International Investments CO., LTD for its disposal of Foxconn Technology Co., LTD common shares

Contents:

1.Name of the securities: Common shares of Foxconn Technology Co., LTD

2.Trading date:2024/11/08~2024/11/19

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

Amount:14,053,000 shares

Unit price:94.065

Total monetary amount of the transaction: NTD1,321,894,400

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

Realized Gains:NTD203,527,499

5.Relationship with the underlying company of the trade:

investments accounted for using equity method

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:112,128,274 shares

Cumulative monetary amount held: NTD8,870,341,188

Shareholding percentage:7.93%

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:0.22%

Ratio to owners' equity:0.46%

Working capital(thousands): 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: NA

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

14.Any other matters that need to be specified:

Transaction fees, transaction tax shall be paid separately.

 

END