Ambition in line with 1.5°C trajectory, a climate action imperative 11 April 2023, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) today announced it received internationally-recognized, science-based validation for its near-term targets to reduce greenhouse gas (GHG) emissions by the end of this decade, affirming the climate mitigation strategy by the world’s largest electronics manufacturer is on the right track. The validation by the Science Based Target initiative (SBTi) means Foxconn’s committed targets are in line with a 1.5°C trajectory, a crucial threshold from pre-industrial levels on global warming for ensuring a safer, sustainable world. As part of the journey stages under SBTi, Foxconn first committed to ambitious carbon reductions in 2021, and followed up with a detailed submission under Foxconn’s formal name. The SBTi approved Hon Hai Precision Industry Co Ltd.’s near-term science-based emissions reduction target. Detailed in April 2022, the company commits to reduce absolute GHG emissions 42% by 2030, from a 2020 base year.  "After Foxconn issued our eight, long-term environmental goals last year, we worked to ensure each goal could meet international standards and stand up to science-based review. Going forward, we will continue to collaborate with third-party organizations to conduct systematic data analysis and regularly review the Group’s green performance,” says Foxconn Chief Environment Officer Ron Horng. The SBTi validation is part of the global initiative by CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.     More background In recent months, Foxconn participated in relevant studies to support thinking on climate-oriented solutions, including “Down To Earth”, corporate case studies published by the Asian Corporate Governance Association on climate governance efforts; and “Women in Business, Climate Action Taiwan”, a survey by the British Chamber of Commerce in Taipei on the role of women and Taiwan’s progress on tackling the climate emergency. Foxconn operates 173 campuses in 24 countries, and adheres to the concept of "sustainable operation = EPS+ESG". Foxconn formulates annual energy conservation targets at the beginning of each year and adopts incentive policies to promote energy-saving technology upgrades among various sub-groups and business groups. The Group also actively explores energy-saving technologies and facilitates energy-saving projects. To promote the transformation of Foxconn’s energy structure, the Group continuously increases the installed capacity of rooftop and ground photovoltaic power stations through self-construction and acquisition, while also directly purchasing clean energy and storing electricity during off-peak periods. In carbon inventory work, Foxconn synchronously plans carbon verification at the overall organizational level, adopting the Greenhouse Gas Protocol, an internationally-recognized carbon verification standard, to carry out comprehensive carbon inventory work in scopes 1, 2 and 3. In terms of scope 1 and scope 2 within the Group's operating boundaries, Foxconn employs four major measures to cut GHG emissions: operational energy conservation, direct purchase of green energy, construction of green energy facilities, and investment in purchasing green energy certificates. Foxconn actively works with its supply chain partners to diversify carbon reduction guidance demonstration projects. In initial stages, active communication on carbon reduction planning is conducted with suppliers, with on-site visits and production process investigations done to assess carbon emissions and reduction means. During later stages, a guidance SOP is established with regular verification and exchanges to promote the sharing of carbon reduction achievements.

Niles, OH- Hon Hai Technology Group (“Foxconn”) (TWSE:2317) has partnered with the Mahoning Valley Scrappers to present their 2023 season. This major partnership will provide Foxconn with a significant season-long presence with the Scrappers through community engagement and hospitality. Foxconn will sponsor five unique team specialty jersey nights with jersey proceeds benefiting local community organizations. Foxconn will also sponsor the weekly “Every Sunday Matters” promotion which gives back to local charities every Scrappers Sunday home game. Foxconn Technology Group states, “Foxconn is proud to partner with the Mahoning Valley Scrappers for the 2023 MLB Draft League Season. Foxconn is looking forward to another great season from the Mahoning Valley Scrappers and we pride ourselves on the communities in which we operate. We look forward to enjoying America’s past time with thousands of those who call the Mahoning Valley home and who visit the Mahoning Valley.“ Jordan Taylor, Executive Vice President of HWS Baseball said, “I am so pleased to have Foxconn as our presenting sponsor this season. A partnership between two organizations celebrating 25 years in the valley and a company helping shape the future of the valley promotes pride in our past and excitement for things to come.” “Foxconn’s partnership with the Mahoning Valley Scrappers is just a start to how we will work tirelessly to support the local community through jobs, investment, and opportunities for all those who call the Mahoning Valley home.”, Foxconn Technology Group said. About FOXCONN TECHNOLOGY GROUP: Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (2317: Taiwan) is the world’s largest electronics manufacturer. Hon Hai is also the leading technological solution provider, and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. Hon Hai has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – new-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. In addition to maximizing value-creation for customers who include many of the world’s leading technology companies, Hon Hai is also dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises. www.honhai.com. About MAHONING VALLEY SCRAPPERS: Mahoning Valley Scrappers are one of six founding member teams in the MLB Draft League, joining the Frederick Keys, State College Spikes, Trenton Thunder, West Virginia Black Bears and Williamsport Crosscutters. The Scrappers are set to open the 2023 season at Eastwood Field on Thursday, June 1 against the West Virginia Black Bears. Opening Night will feature fan favorites post-game fireworks and Buck Night. Scrappers ticket packages and sponsorship opportunities are on sale now. To stay up to date with the Scrappers in the off-season or for more information, visit mvscrappers.com.