Announcement Date: July 7, 2026 Statement Date: July 6, 2026 Statement Time: 17:07:09 Company Code: 2317 Company Name: Foxconn Subject: Announcement on Behalf of Subsidiary Foxconn EV Technology Inc. Regarding Acquisition of Equity in Foxconn System LLC Applicable Clause: Clause 20 Factual Date: July 6, 2026
Details: 1. Name and Nature of the Subject Asset (if preferred shares, specify dividend rate and other terms): Equity in Foxconn System LLC
2. Factual Date: March 19, 2026 – July 6, 2026
3. Board Approval Date: July 6, 2026
4. Other Approval Dates: Not applicable
5. Transaction Quantity, Unit Price, and Total Transaction Amount: Total Transaction Amount: USD 29,200,000
6. Counterparty and Relationship with the Company (Name may be omitted if individual and not a related party): Not applicable for cash capital increase; parent-subsidiary relationship
7. If counterparty is a related party, state reason for selection, prior transferor, relationships among prior transferor, company, and counterparty, transfer date, and amount: Subsidiary cash capital increase; not applicable
8. If the asset’s owner within the past five years was a related party of the company, disclose acquisition/disposal date, price, and relationship at the time: Not applicable
9. Matters related to disposal of receivables (including types of collateral, names of related parties if receivables involved, and book value of disposed receivables): Not applicable
10. Gain (or loss) from disposal (not applicable for acquisition of securities) (if previously deferred, explain recognition): Not applicable
11. Delivery or payment terms (including payment schedule and amounts), contractual restrictions, and other important agreements: None
12. Decision-making method for acquisition/disposal, reference basis for pricing, and decision-making unit: Decision-making Unit: Board of Directors
13. Net asset value per share of the securities-issuing company: Not applicable
14. Cumulative holdings (including this transaction) of the securities: quantity, amount, ownership percentage, and restricted rights (e.g., pledge status): Cumulative Holding Amount: USD 473,668,757.12 Ownership Percentage: 100% Rights Restrictions: None
15. Proportion of securities investments (including this transaction) under Article 3 of the 'Asset Acquisition and Disposal Guidelines for Publicly Issued Companies' to total assets and equity attributable to parent owners in the latest financial statements, and operating capital amount: Percentage of Total Assets: 0.39% Percentage of Equity: 0.84% Operating Capital: NT$ -317,913,506 thousand
16. Broker and Brokerage Fees: None
17. Specific Purpose or Use of the Acquisition/Disposal: Long-term investment
18. Dissenting Directors' Opinions on the Transaction: None
19. Is this a related-party transaction: Yes
20. Date of Supervisor Approval or Audit Committee Consent: Company does not have a Supervisor or Audit Committee
21. Did the accountant issue a non-reasonableness opinion: Not applicable
22. Name of Accounting Firm: Not applicable
23. Name of Accountant: Not applicable
24. Accountant License Number: Not applicable
25. Does this involve a change in business model: No
26. Explanation of Business Model Change: Not applicable
27. Transaction history with the counterparty in the past year and expected in the next year: Not applicable
28. Source of Funds: Internal funds
29. Previous date of material information disclosure on the same event: Not applicable
30. Other Explanatory Matters: None
FACT BOX
- Source: PR Times
- Category: News
- Organizations: Foxconn EV Technology Inc. / Foxconn System LLC