Subsidiary obtaining Equipment, Land, and Building
No.1
Subject: Subsidiary Foxconn Hon Hai Technology India Mega Development Private Limited announces obtaining of electromechanical equipment
Date of events:2025/01/15
Contents:
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):Electromechanical equipment
2.Date of occurrence of the event:2024/12/13~2025/01/15
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:
Transaction unit amount :a batch
Total transaction amount:INR2,863,363,170
4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):CINDA ENGINEERING AND CONSTRUCTION PRIVATE LIMITED; None
5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer: NA
6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction: NA
7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):NA
8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: None
9.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:
Negotiation;
Market price;
According to authorization of the Company
10.Name of the professional appraisal firm or company and its appraisal price: Na
11.Name of the professional appraiser: Na
12.Practice certificate number of the professional appraiser: Na
13.The appraisal report has a limited price, specific price, or special price: None
14.An appraisal report has not yet been obtained: No
15.Reason for an appraisal report not being obtained: Na
16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:NA
17.Name of the CPA firm: NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA: Na
20.Broker and broker's fee: Na
21.Concrete purpose or use of the acquisition or disposal:
Operational requirement
22.Any dissenting opinions of directors to the present transaction: None
23.Whether the counterparty of the current transaction is a related party: No
24.Date of the board of directors resolution: NA
25.Date of ratification by supervisors or approval by the audit committee: NA
26.The transaction is to acquire a real property or right-of-use asset from a related party: No
27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies: NA
28.Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulations: NA
29.Any other matters that need to be specified: None
No.2
Subject: Subsidiary Ingrasys Technology USA Inc. announces obtaining Land and Building
Date of events:2025/01/15
Contents:
1.Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):
Land, Building located at 1230, 1240, 1250, 1260, 1270, and 1280 East Argues
Avenue, Sunnyvale, CA 94085
2.Date of occurrence of the event:2025/01/15
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit price, and total transaction price:
Land: 26.31 acre;
Building: 313,740 square meters;
Transaction price: USD 128,000,000
4.Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):
1200 Arques Propco LLC ;1230 Arques Propco LLC ;1240 Arques Propco LLC;None
5.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:NA
6.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction: NA
7.Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition):NA
8.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: None
9.The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:
Negotiated ;market price ;Board of director
10.Name of the professional appraisal firm or company and its appraisal price:
10-1. Carneghi-Nakasako & Associates ; USD$128,000,000
10-2. Suntender valuation Inc ; USD$128,500,000
11.Name of the professional appraiser:
11-1. Bradley Carneghi,MAI
11-2. Tory Webb
12.Practice certificate number of the professional appraiser:
12-1. Bradley Carneghi,MAI:AG044571
12-2. Tory Webb:AG043285
13.The appraisal report has a limited price, specific price, or special price: No
14.An appraisal report has not yet been obtained: No
15.Reason for an appraisal report not being obtained: NA
16.Reason for any significant discrepancy with the appraisal reports and opinion of the CPA:NA
17.Name of the CPA firm: NA
18.Name of the CPA:NA
19.Practice certificate number of the CPA:NA
20.Broker and broker's fee: None
21.Concrete purpose or use of the acquisition or disposal:
Operational needs
22.Any dissenting opinions of directors to the present transaction: None
23.Whether the counterparty of the current transaction is a related party: No
24.Date of the board of directors resolution: NA
25.Date of ratification by supervisors or approval by the audit committee: NA
26.The transaction is to acquire a real property or right-of-use asset from a related party: No
27.The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies: NA
28.Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulations: NA
29.Any other matters that need to be specified:
The escrow fees, transaction taxes, insurance fees, and other expenses incurred during the transaction process will be settled separately based on the actual amounts.
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