Date of Announcement: July 11, 115 Date of Statement: July 10, 115 Time of Statement: 19:00:17 Company Code: 5203 Company Name: CyberLink Subject: Announcement by subsidiary Cyberlink International Technology Corp. regarding the termination of the original alliance agreement with Zhang Huazhen dated March 18, 2026, and the withdrawal of a non-binding proposal to acquire all shares and privatize Perfect Corp.(Cayman). Applicable Clause: Clause 10 Factual Date: July 10, 115 Explanation: 1. Factual Date: 07/10/115 2. Counterparty to Contract or Commitment: Zhang Huazhen 3. Relationship with Company: Zhang Huazhen is a director of the Company 4. Contract or Commitment Period (or Termination Date): 07/10/115 5. Main Content (Not applicable for termination): Not applicable 6. Restrictive Clauses (Not applicable for termination): Not applicable 7. Commitment Items (Not applicable for termination): Not applicable 8. Other Important Agreements (Not applicable for termination): Not applicable 9. Impact on Company's Financial and Business Operations: None 10. Specific Purpose: Not applicable 11. Other Matters to be Disclosed (This significant information pertains to a publicly issued company and also meets Article 7, Paragraph 8 of the Enforcement Rules of the Securities and Exchange Act, regarding matters significantly affecting shareholders' rights or securities prices): (1) Zhang Huazhen is a director of the Company and also a shareholder (holding 17.07%) and Chairman of Perfect Corp.(Cayman), an investee of the Company's subsidiary. (2) The Company's subsidiary holds 36.29% of the shares in Perfect Corp. (3) To expedite operations and reduce costs, the Company's subsidiary, Cyberlink International Technology Corp., will terminate the original alliance agreement jointly signed with Zhang Huazhen. Zhang Huazhen will then act independently to negotiate and sign relevant contracts with Perfect Corp. (4) Zhang Huazhen has sought support from the Company's subsidiary, Cyberlink International Technology Corp., which intends to retain its existing shareholding and sign a Voting and Support Agreement, voting in favor of Zhang Huazhen's proposal at the shareholder meeting of Perfect Corp. to delist and achieve privatization.

FACT BOX

  • Source: PR Times
  • Category: Partnership
  • Organizations: Perfect Corp.(Cayman)