Notice of intention to delist GDRs

NOTICE OF INTENTION TO DELIST GDRS

ACER INCORPORATED

NOTICE OF INTENTION TO DELIST ITS GLOBAL DEPOSITARY RECEIPTS AND GLOBAL DEPOSITARY SHARES AND TO TERMINATE THE DEPOSIT AGREEMENTS

Acer Incorporated ("Company") announces today that, as part of a simplification project across multiple jurisdictions and following a comprehensive review of the cost to maintain global depositary receipts relative to their effectiveness, taking into consideration the low trading volume, it has resolved in a meeting of the board of directors of the Company held 13 March 2025 to cancel the listing and admission to trading of its global depositary receipt programme currently admitted to trading on the London Stock Exchange (the "LSE").

Delisting from the London Stock Exchange (ISIN US0044342055 and ISIN US0044341065)

The Company refers to its global depositary receipts, which are admitted to listing on the Official List of the UK Financial Conduct Authority (the "FCA") and to trading on the Professional Securities Market of the LSE (such admission to listing and to trading, the "LSE Listing" and such global depositary receipts, the "London GDRs").

On 18 June 2025, the Company requested (i) the FCA cancel its listing of the London GDRs on the Official List of the FCA, and (ii) the LSE cancel the admission to trading of the London GDRs on the Professional Securities Market of the LSE (collectively, the "LSE Delisting").

Pursuant to UK Listing Rule 21.2.17R, the Company is required to give at least 20 business days' notice of the intended LSE Delisting. It is intended that the LSE Delisting will become effective from 8:00 a.m. (London time) on 16 July 2025, such that the last date of trading of the London GDRs on the LSE will be 15 July 2025.

Following the LSE Delisting, it will no longer be possible to trade the London GDRs on the LSE.

Details of the GDRs

As of 13 June 2025, the Company had the following numbers of GDRs in issue

· REG S: 481,445 GDRs (representing 2,407,225 ordinary shares in the Company)

· RULE 144A: 1,067 GDRs (representing 5,335 ordinary shares in the Company)

Termination of Deposit Agreement

The Company has delivered notice to Citibank, N.A. (the "Depositary") as depositary for the GDRs to terminate the Deposit Agreement dated 27 March 2002 by and between Acer Incorporated, Citibank, N.A. and the Holders and Beneficial Owners of the Rule 144A Depositary Receipts and the International Depositary Receipts issued thereunder (the "Deposit Agreement") relating to the Company's global depositary receipt programme. The termination date of the Deposit Agreement will be 16 July 2025 (the "Termination Date").

Prior to the Termination Date, holders may cancel their GDRs and, subject to the payment of cancellation and any other applicable fees and charges and otherwise in accordance with the Deposit Agreement, receive the relevant number of underlying shares represented by the GDRs they hold. If any GDRs remain outstanding after the Termination Date, the Depositary shall not, after the Termination Date, have any obligation to perform any further acts under the Deposit Agreement, except that the Depositary will continue to (i) collect dividends and other distributions pertaining to the deposited securities, (ii) sell securities and other property received in respect of deposited securities, if any, and (iii) continue to deliver deposited securities, together with any dividends or other distributions received with respect thereto and the net proceeds of the sale of any securities or other property, in exchange for GDRs surrendered to the Depositary (after deducting or charging, as the case may be, in each case, the fees and charges of, and expenses incurred by, the Depositary, and all applicable taxes or governmental charges for the account of the holders and beneficial owners). The Depositary will not exercise any voting rights with respect to the Shares while they are held by the Depositary following the Termination Date.

At any time after the expiration of six (6) months from the Termination Date, the Depositary may sell deposited securities held thereunder and may thereafter hold the net proceeds of any such sale, together with any other cash held by it, under the Deposit Agreement, without liability for interest, for the pro rata benefit of the holders in each GDR facility that have not already been surrendered.

For the avoidance of doubt, no deposits of Shares into the GDR programme will be accepted from the Termination Date.

Holders of the GDRs are urged to consult their own legal, tax investment advisors and brokers for more information on the actions that can be taken in respect of their holdings of GDRs.