Tenghui Electronics-KY Announces Redemption of First Unsecured Convertible Bonds and Termination of OTC Trading

Release Date: July 17, 115 Statement Date: July 16, 115 Statement Time: 14:57:02 Company Code: 6672 Company Name: Tenghui Electronics-KY Subject: Announcement regarding the exercise of bond redemption rights by Tenghui Electronics-KY Co., Ltd. for its first unsecured convertible bonds issued in Taiwan (short name: Tenghui Electronics 1-KY, code: 66721), and the termination of over-the-counter (OTC) trading on September 2, 115. Applicable Clause: Clause 51 Factual Date: July 16, 115 Details: In accordance with Article 18 of the 'Issuance and Conversion Regulations for Tenghui Electronics 1-KY'. The issuer will exercise its bond redemption right from August 3, 115 to September 1, 115, at a redemption price of 100.0000% of the bond's face value.

1. According to Article 18, Paragraph 1 of the 'Issuance and Conversion Regulations' for the first unsecured convertible bonds issued in Taiwan (hereinafter referred to as 'these convertible bonds'), if the closing price of the company's ordinary shares exceeds 130% (inclusive) of the current conversion price (NT$93.40) for 30 consecutive trading days (from May 29, 115 to July 13, 115) during the period starting the day after three months from issuance (April 23, 115) and ending 40 days before the maturity date (December 13, 119), the company may, within 30 trading days thereafter, send a 'Bond Redemption Notice' via registered mail to bondholders, with a 30-day redemption period. The redemption base date shall be the final day of this notice period. The redemption price shall be the bond's face value, paid in cash for all outstanding bonds, and the company shall request the Taiwan OTC Exchange to make a public announcement. The company shall execute the redemption request within seven business days after the redemption base date, paying the face value in cash for all outstanding convertible bonds.

2. The following arrangements are established for the redemption of these convertible bonds: Notice and redemption application period: August 3, 115 to September 1, 115 (for applications through securities firms, the final application date is August 31, 115, due to settlement procedures).

3. Redemption base date for convertible bonds: September 1, 115

4. Termination date of OTC trading for convertible bonds: September 2, 115

5. Date of registered mailing of the 'Bond Redemption Notice': August 3, 115

6. If bondholders do not complete the redemption procedures at their original securities dealer before the redemption base date specified in the 'Bond Redemption Notice', the company will redeem all outstanding bonds in cash at 'face value'.

7. Redemption price per bond: NT$100,000

8. Redemption payment date: September 10, 115 (after deduction of processing fees), via bank transfer or registered mail of non-negotiable checks.

9. Tax implications of redemption: Since the redemption is at face value with a coupon rate of 0%, there are no tax implications related to interest income.

10. Upon execution of the redemption request, the final deadline for bondholders to request conversion is the second business day after the termination of OTC trading (applications must be submitted in writing to the securities dealer by September 3, 115). Bondholders who fail to submit a written conversion request by the deadline will have their bonds redeemed in cash at 'face value'.

11. Redemption procedures: As these convertible bonds are issued in book-entry form, bondholders must bring the following documents to their original securities dealer to complete the redemption: 1. Securities savings passbook 2. Completed 'Application Form for Book-Entry Conversion/Redemption/Repurchase of Convertible Bonds' (Form 127), marked 'redemption', with the seal of the settlement account 3. Copy of both sides of ID card

After receiving the documents, the securities dealer will submit the application to the Taiwan Central Depository & Clearing Corporation, which will forward it to the company's share agent. The redemption becomes effective upon delivery and cannot be revoked.

12. Company's share agent: Yuanta Securities Co., Ltd., Share Agency Department Address: B1, No. 67, Section 2, Dunhua South Road, Da'an District, Taipei City 106 Phone: (02) 2586-5859

Warning: Bondholders eligible for conversion must submit a written conversion request by September 3, 115; otherwise, the company will redeem all bonds in cash at face value.