REG - Acer Incorporated Acer Inc. - ACIA - To announce the Company's information

AcerAnnouncement

27/09/2024 10:45

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RNS Number : 0297G  Acer Incorporated  27 September 2024

Subject: Supplementary Announcement to Acer's announcement dated Dec. 26,
2023: The Company's board approved the investment of grid energy storage.

Date of events: 2024/09/27

Contents:

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

Participating capital increase in cash of the common shares of the companies
for energy storage are as follows: Jaoming Electric Co., Ltd., Haosheng Co.,
Ltd., Haoyu Electric Co., Ltd. and Haosheng No.3 Electric Co.,Ltd.

2.Date of occurrence of the event:2023/12/26~2024/09/27

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

Participating capital increase in cash at the par value of NT$10 per share:
The accumulated amount for Jaoming Electric Co.,Ltd. is NTD 461,580,000, the
accumulated amount for Haosheng Co., Ltd. is NTD 585,765,600, the accumulated
amount for Haoyu Electric Co., Ltd. is NTD 425,000,000 and the accumulated
amount for Haosheng No.3 Electric Co., Ltd. is NTD 403,572,400.

4.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of the
Company, the name of the trading counterparty is not required to be
disclosed):

The counterparty is not a related party of the Company.

5.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company and
the trading counterparty, and the previous date and monetary amount of
transfer:

Previous transfer information: N/A

6.Where an owner of the underlying assets within the past five years has been
a related party of the Company, the announcement shall also include the date
and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction:

N/A

7.Matters related to the current disposal of creditors' rights (including
types of collaterals of the disposed creditor's rights; if creditor's rights
over a related party, announcement shall be made of the name of the related
party and the book amount of the creditor's rights, currently being

disposed of, over such related party):

N/A

8.Profit or loss from the disposal (not applicable in cases of acquisition of
securities) (those with deferral should provide a table explaining
recognition):

N/A

9.Terms of delivery or payment (including payment period and monetary amount),
restrictive covenants in the contract, and other important terms and
conditions:

The schedule, terms and conditions of above Participating capital increase in
cash will be executed in accordance with relevant resolutions made by the
companies subject to relevant laws and regulations.

10.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the decision
on price, and the decision-making unit:

(1) The manner and unit of deciding on this transaction: The resolution and
   authorization   made by the Company's Investment Committee, Audit
Committee and Board meeting.

(2) The reference basis for the decision on price: The Companies executed the
 capital increase in cash at par value of shares.

11.Net worth per share of the Company's underlying securities acquired or
disposed of:

N/A

12.Cumulative no.of shares held (including the current transaction), their
monetary amount, shareholding percentage, and status of any restriction of
rights (e.g., pledges), as of the present moment:

After the completion of foregoing capital increase in cash, the Company will

hold the common shares as below:

33,558,000 shares of Jaoming Electric Co.,Ltd., 58,576,560 shares of Haosheng
Co., Ltd., 42,500,000 shares of Haoyu Electric Co., Ltd. and 29,507,240 shares
of Haosheng No.3 Electric Co., Ltd.

13.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:

Current ratio to the total assets: 61.98%

Current ratio to the shareholder's equity: 125.53%

Operating capital: NTD -7,868,113thousands

14.Broker and broker's fee:

None

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

Participate in energy storages related industry

16.Any dissenting opinions of directors to the present transaction:

None

17.Whether the counterparty of the current transaction is

a related party:

No

18.Date of the board of directors resolution:NA

19.Date of ratification by supervisors or approval by

the Audit Committee:NA

20.Whether the CPA issued an unreasonable opinion regarding the current

transaction:

No

21.Name of the CPA firm:

N/A

22.Name of the CPA:

N/A

23.Practice certificate number of the CPA:

N/A

24.Whether the transaction involved in change of business model:

No

25.Details on change of business model:

N/A

26.Details on transactions with the counterparty for the past year and the

expected coming year:

N/A

27.Source of funds:

N/A

28.Any other matters that need to be specified:

Supplementary Announcement to Acer's announcement dated Dec. 26, 2023.

 

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