REG - Hon Hai Prec.Ind.Co - Foxconn and Mitsubishi Electric have signed a MOU

Hon Hai Precision Industry CoAnnouncement

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RNS Number : 8684B  Hon Hai Precision Industry Co Ld  24 April 2026

Subject: Hon Hai and Mitsubishi Electric Exploring Automotive Equipment
Business In MOU

Contents:

1.Date of occurrence of the event:2026/04/24

2.Company name: Hon Hai Precision Ind. Co. Ltd.

3.Relationship with the Company (please enter "the company itself" or
"subsidiaries"):

The company itself

4.Reciprocal shareholding percentage: NA

5.Name of the reporting media: The company's press information

6.Content of the report:

Hon Hai Precision Industry Co. Ltd. (Foxconn) (TWSE:2317) and Mitsubishi
Electric Corporation have signed a Memorandum of Understanding to explore a
strategic alliance through joint operation of the automotive equipment
business.

Under the MOU, discussions will begin toward joint operation, including
transferring 50% of shares in Mitsubishi Electric Mobility Corporation
("Mitsubishi Electric Mobility") to Foxconn.

Whether this joint operation can be formally concluded remains subject to the
parties' ability to reach mutual agreement on the commercial terms and
compliance with relevant regulatory requirements.

7.Cause of occurrence: Regarding the company's press release.

8.Countermeasures: None

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

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