REG - Acer Incorporated Acer Inc. - ACIA - To announce the Company's information

AcerAnnouncement

28/09/2022 10:15

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RNS Number : 9998A  Acer Incorporated  28 September 2022

Subject: On behalf of subsidiary Acer Europe B.V. announce the application for
redemption of EUR Term Liquidity Fund

Date of events: 2022/09/28

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and
conditions of issuance shall also be indicated, e.g., dividend yield, etc.):

EUR Term Liquidity Fund

2.Date of occurrence of the event:2022/09/28

3.Amount, unit price, and total monetary amount of the transaction:

Total Amount: EUR 23,419,936.80

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):

Citibank Taiwan Limited (offshore banking unit); non-related party

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: Not applicable

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: Not applicable

7.Matters related to the current disposal of creditors' rights (including
types of collaterals of the disposed creditor's rights; if creditor's rights
over a related party, announcement shall be made of the name of the related
party and the book amount of the creditor's rights, currently being disposed
of, over such related party):

Not applicable

8.Profit or loss from the disposal (not applicable in cases of acquisition of
securities) (those with deferral should provide a table explaining
recognition):

The gain (or loss) from this disposal will be calculated upon execution of
redemption in accordance with the trust agreement and investment prospectus; a
supplemental announcement will be made when the amount is confirmed.

9.Terms of delivery or payment (including payment period and monetary amount),
restrictive covenants in the contract, and other important terms and
conditions:

According to the trust agreement and investment prospectus

10.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:

Subject to Article 5, section 2, paragraph (1) (c) of Acer "Procedures
Governing Acquiring or Disposing of Assets"

11.Net worth per share of the Company's underlying securities acquired or
disposed of: Not applicable

12.Cumulative no. of shares held (including the current transaction), their
monetary amount, shareholding percentage, and status of any restriction of
rights (e.g., pledges), as of the present moment:

Accumulated (this investment included) amount : none; non-pledge

13.Current ratio of securities investment (including the current trade, as
listed in article 3 of Regulations Governing the Acquisition and Disposal of
Assets by Public Companies) to the total assets and equity attributable to
owners of the parent as shown in the most recent financial statement and
working capital as shown in the most recent financial statement as of the
present:

Current ratio of long or short term securities investment to the total assets:
5.65%; Current ratio of long or short term securities investment to the
shareholder's equity: 14.45%; operating capital: NTD (2,043,345)K

14.Broker and broker's fee: None

15.Concrete purpose or use of the acquisition or disposal:

To improve the efficiency of cash utilization and short-term Investment

16.Any dissenting opinions of directors to the present transaction: Not
applicable

17.Whether the counterparty of the current transaction is a related party: No

18.Date of the board of directors resolution: NA

19.Date of ratification by supervisors or approval by the Audit Committee: NA

20.Whether the CPA issued an unreasonable opinion regarding the current
transaction: No

21.Name of the CPA firm: None

22.Name of the CPA: None

23.Practice certificate number of the CPA: None

24.Whether the transaction involved in change of business model: No

25.Details on change of business model: Not applicable

26.Details on transactions with the counterparty for the past year and the
expected coming year: Not applicable

27.Source of funds: Not applicable

28.Any other matters that need to be specified: None

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