Announcement Date: May 21, 2025, 17:35:59 Company Code: 2317 Company Name: Foxconn

Subject: Announcement regarding the acquisition of shares in Wcube Co., Ltd.

1. Target Entity: Wcube Co., Ltd. (Common Shares) 2. Date of Event: May 21, 2025 3. Transaction Value: 11,592,662 USD (9,837,716 shares at 1.18 USD per share) 4. Counterparty: Foxconn (Far East) Limited (Parent-Subsidiary relationship) 5. Reason for Selection: The subsidiary is conducting an in-kind capital reduction and is returning Wcube common shares to the parent company. 6. Purpose: To optimize the organizational structure. 7. Current Holdings: Cumulative holdings of 9,837,716 shares (100% ownership).

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  • Source: PR Times
  • Category: News
  • Organizations: Wcube Co., Ltd. / Foxconn (Far East) Limited