Company announces indirect PRC investment

Subject: Company announces indirect PRC investment

Contents:

1.Date of occurrence of the event:2021/05/31

2.Method of the current increase (decrease) in investment:

Foxconn Interconnect Technology Limited which is invested by the company will issue new shares with the total value of USD54,088,303.02 to purchase 100% shares of SOUND LEGEND LIMITED from SOUND DISCOVERY LIMITED and LUMIT CORPORATION LIMITED for the purpose to indirectly acquire business of Sound Solutions International（Zhenjiang）Co., Ltd. in China.

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

SOUND DISCOVERY LIMITED:

Number of trading units: 8,000 shares

Price per unit: USD 5,408.83

Tansaction amount: USD 43,270,642.42

LUMIT CORPORATION LIMITED:

Number of trading units: 2,000 shares

Price per unit: USD 5,408.83

Transaction amount: USD 10,817,660.60

Total transaction amount: USD 54,088,303.02

4.Company name of the mainland Chinese investee:Sound Solutions International (Zhenjiang) Co., Ltd.

5.Paid-in capital of aforementioned mainland Chinese investee:RMB 707,320,851.25

6.Amount of capital increase currently planned for the aforementioned mainland Chinese investee:

USD 0

7.Main businesses of the aforementioned mainland Chinese investee:

manufacturing and research and development of acoustic components.

8.Type of CPA opinion in the latest annual financial statements of the aforementioned mainland Chinese investee: Unqualified opinion

9.Total equity of the aforementioned mainland Chinese investee in the latest annual financial statements: RMB 9,860,868.37

10.Amount of profit/loss of the aforementioned mainland Chinese investee in the latest annual financial statements: RMB -268,455,097.76

11.Amount of actual investment in the aforementioned mainland Chinese investee, up to the present moment: USD 0

12.Trading counterparty and its relationship with the Company:

SOUND DISCOVERY LIMITED and LUMIT CORPORATION LIMITED ; None

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

The pricing benchmark date is the date of approval by FIT'sboard of directors, the issue price of new shares is 2.4 HKD per share, and shall not be discounted by 20% or more from the benchmark price as defined in The Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited, the number of new shares to be issued is determined based on the transaction consideration price USD 54,088,303.02.

14.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: price negotiation; market price; Board of Directors

15.Concrete purpose of the acquisition or disposal: manufacturing and research and development of acoustic components.

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

17.Date of the board of directors resolution: NA

18.Date of ratification by supervisors or approval by the Audit Committee: NA

19.Total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment:USD 11,980,146,469.64

20.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the paid-in capital on the latest financial statements:254.93%

21.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the total assets on the latest financial statements:10.63%

22.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:27.74%

23.Total amount of actual investment in mainland China, up to the present moment:

USD 10,849,247,278.67

24.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the paid-in capital on the latest financial statements:230.87%

25.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the total assets on the latest financial statements:9.63%

26.Ratio of the total amount of actual investment in mainland China, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:25.12%

27.Amount of recognized profit (loss) on investment in mainland China for the last three years:

2018: NT$ 114,769,307,000;2019: NT$ 105,832,857,000;2020: NT$ 119,283,719,000

28.Amount of profit remitted back to Taiwan for the last three years: None

29.Whether the CPA issued an unreasonable opinion regarding the current transaction: None

30.Name of the CPA firm: ATAX Accounting Firm Co., Ltd.

31.Name of the CPA: Yun Da Cheng

32.Practice certificate number of the CPA:Financial-Supervisory-Securities-Corporate-5720

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