2308 Delta Electronics: Subsidiary DEISG Announces Issuance of Offshore Exchangeable Bonds Linked to Delta Electronics (Thailand) Shares

Date of Announcement: September 16, 2026 Date of Statement: September 15, 2026 Time of Statement: 6:41:17 Company Code: 2308 Company Name: Delta Electronics Subject: Announcement by subsidiary DEISG of board resolution to issue offshore exchangeable bonds (hereinafter "the Exchangeable Bonds") with shares of Delta Electronics (Thailand) Public Company Limited as the exchange reference. Applicable Clause: Clause 11 Factual Date: September 14, 2026 Details: 1. Board Resolution Date: September 14, 2026 2. Name [XX Company's Xth (Secured/Unsecured) Corporate Bond]: Delta Electronics Int’l (Singapore) Pte. Ltd. (hereinafter “DEISG” or “Issuer”) Biennial Offshore Exchangeable Bond 3. Whether aggregate filing for corporate bond issuance (Yes/No): No 4. Total Issuance Amount: USD 1,500,000,000 (including USD 500,000,000 for Series A Exchangeable Bonds and USD 1,000,000,000 for Series B Exchangeable Bonds) 5. Face Value per Unit: Both Series A and Series B at USD 200,000 6. Issue Price: Both Series A and Series B issued at 100% of face value 7. Issue Tenor: 1 year for Series A, 5 years for Series B 8. Issue Interest Rate: Both Series A and Series B have a coupon rate of 0% per annum 9. Type, Name, Amount, and Terms of Collateral: None 10. Use and Allocation Plan of Raised Funds: Proceeds from this issuance will be used to strengthen existing operations and provide working capital for future expansion. 11. Underwriting Method: Public offering conducted outside the Republic of China in accordance with regulations applicable in the bond sales regions 12. Bond Trustee: Citicorp International Limited 13. Underwriting or Distribution Institutions: Citigroup Global Markets Singapore Pte. Ltd., J.P. Morgan Securities Asia Private Limited 14. Issuance Guarantor: None 15. Agent for Principal and Interest Payment: Citibank, N.A., London Branch 16. Certification Institution: Not applicable 17. Conversion Mechanism for Convertible, Exchangeable, or Subscription Rights: Exchange Reference: Shares of Delta Electronics (Thailand) Public Company Limited (“DET”) Initial Exchange Price for Series A: THB 266.80 per share (15% premium over reference price). After issuance, the Series A exchange price will be adjusted according to the Series A bond terms (including but not limited to anti-dilution market conventions). Series A bondholders will initially have the right to receive 24,856.8966 DET shares per USD 200,000 principal amount of Series A bonds, subject to adjustment under Series A bond terms. Initial Exchange Price for Series B: THB 301.60 per share (30% premium over reference price). After issuance, the Series B exchange price will be adjusted according to the Series B bond terms (including but not limited to anti-dilution market conventions). Series B bondholders will initially have the right to receive 21,988.7931 DET shares per USD 200,000 principal amount of Series B bonds, subject to adjustment under Series B bond terms. 18. Put Option Conditions: Bondholders of Series A and Series B have the right to require the issuer to redeem all outstanding Exchangeable Bonds prior to maturity at the applicable early redemption amount upon occurrence of any of the following events: (i) DET delisted or trading suspended for more than 30 consecutive trading days on the Stock Exchange of Thailand, (ii) A change of control of DET as defined in the bond terms, (iii) The issuer ceases to be a direct or indirect wholly-owned subsidiary of the company. Additionally, unless the Series A bonds have already been redeemed, exchanged, or repurchased and canceled, the issuer shall redeem them at 98.01% of the principal amount on the maturity date (September 21, 2027). Unless the Series B bonds have already been redeemed, exchanged, or repurchased and canceled, the issuer shall redeem them at 97.53% of the principal amount on the maturity date (September 21, 2031). Series B bondholders may also request redemption of all or part of their bonds at 99.25% of principal after 1.5 years from issuance and at 98.51% after 3 years. 19. Call Option Conditions: The issuer may redeem the relevant exchangeable bonds in full at the applicable early redemption amount under the following circumstances: (i) (Series A only) On or after December 21, 2026, if the closing price of DET on the Stock Exchange of Thailand reaches at least 120% of the total calculated by multiplying the early redemption amount by the then-current Series A exchange price and dividing by the Series A face value, for twenty consecutive trading days, (ii) (Series B only) On or after September 21, 2029, if the same condition is met at 130%, (iii) (Series A only) When the remaining outstanding Series A bonds are less than 10% of the initial issuance amount, (iv) (Series B only) When the remaining outstanding Series B bonds are less than 10% of the initial issuance amount, (v) If changes in Singapore laws or regulations result in additional tax obligations for the issuer, which cannot be avoided through reasonable measures. In such cases, bondholders may elect not to have their bonds redeemed in lieu of tax compensation. 20. Benchmark Date for Conversion, Exchange, or Subscription: Series A: From November 1, 2026, until ten business days before the maturity or relevant early redemption date, or when the trustee declares immediate maturity under Series A terms, bondholders may exchange as agreed (subject to specific terms). Series B: From November 1, 2026, until ten business days before the maturity or relevant early redemption date, or when the trustee declares immediate maturity under Series B terms, bondholders may exchange as agreed (subject to specific terms). 21. Potential Equity Dilution from Conversion, Exchange, or Subscription: No impact on equity of the company or DEISG. 22. Rationality and Necessity of Fundraising Following Cash Reduction (applicable if cash reduction occurred in current or prior year): Not applicable 23. Other Matters to be Disclosed: None