REG - Hon Hai Prec.Ind.Co - Subsidiary FOXCONN BRASIL obtaining shares

Hon Hai Precision Industry CoAnnouncement

17/06/2024 07:00

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RNS Number : 5944S  Hon Hai Precision Industry Co Ld  14 June 2024

Subject: Subsidiary, Foxconn Brasil Industria e Comercio Ltda. obtaining
Foxconn MOEBG Industria de Electronicos Ltda. Shares

Date of events:2024/06/14

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.):

Foxconn MOEBG Industria de Electronicos Ltda.common shares

2.Date of occurrence of the event:2024/06/14

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

580,000,000 shares at BRL 1 each per ;

Total amount equals Debt-equity swap BRL 580,000,000

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):Foxconn MOEBG Industria de Electronicos Ltda.;affiliate 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:Debt-equity swap;Na

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:Na

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):Na

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

9.Terms of delivery or payment (including payment period and monetary amount),
restrictive covenants in the contract, and other important terms and
conditions:None

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:

The decision-making unit:Shareholders Meeting

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

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:

HON HAI PRECISION IND. CO., LTD.

Cumulative no. of shares held:28,661,789 shares

Cumulative monetary amount held:BRL 28,661,789

Shareholding percentage:4.7090%

Restriction of rights:None

 

Bright Ever Holdings Ltd.

Cumulative no. of shares held:2,866 shares

Cumulative monetary amount held:BRL 2,866

Shareholding percentage:0.0004%

Restriction of rights:None

 

Foxconn Brasil Industria e Comercio Ltda.

Cumulative no. of shares held:580,000,000 shares

Cumulative monetary amount held:BRL 580,000,000

Shareholding percentage:95.2906%

Restriction of rights:None

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:

Ratio to total assets:0.11%;

Ratio to owners'equity:0.24%;

Operating Capital:NTD-241,579,390,000

14.Broker and broker's fee:None

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

Long Term Investment

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

17.Whether the counterparty of the current transaction is a related party:Yes

18.Date of the board of directors resolution:2024/06/14

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:Axion Corporate Finance

22.Name of the CPA:GABRIEL ALOISIO FIGUEIREDO

23.Practice certificate number of the CPA:1SP291920/O-9

24.Whether the transaction involved in change of business model:No

25.Details on change of business model:NA

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

expected coming year:NA

27.Source of funds:private capital

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

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