Munich, Germany, and Taipei, Taiwan – 9 May 2023 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), the global leader in automotive semiconductors, and Hon Hai Technology Group (“Foxconn”) (TWSE:2317), the world’s largest electronics manufacturing services provider, aim to establish a long-term partnership in the field of electric vehicles (EV) to jointly develop advanced electromobility with efficient and intelligent features. The Memorandum of Understanding (MoU) focuses on silicon carbide (SiC) development, leveraging Infineon’s automotive SiC innovations and Foxconn’s know-how in automotive systems. “The automotive industry is evolving. With the rapid growth of the EV market and the associated need for more range and performance, the development of electromobility must continue to advance and innovate,” said Peter Schiefer, President of the Infineon Automotive Division. “Infineon’s commitment and passion for innovation and zero-defect quality has made us the best partner for our customers. We look forward to writing a new chapter in electromobility together with Foxconn.” “We are pleased to be working with Infineon and are confident that this collaboration will result in optimized architecture, product performance, cost competitiveness and high system integration to provide customers with the most competitive automotive solutions,” said Jun Seki, Foxconn’s Chief Strategy Officer for EVs. According to the MoU, the two companies will collaborate on the implementation of SiC technology in automotive high-power applications like traction inverters, onboard chargers, and DC-DC converters. Both parties intend to jointly develop EV solutions with outstanding performance and efficiency based on Infineon’s automotive system understanding, technical support and SiC product offerings combined with Foxconn’s electronics design and manufacturing expertise and the capability of system-level integration. In addition, the two companies plan to establish a system application center in Taiwan to further expand the scope of their cooperation. This center will focus on optimizing vehicle applications, including smart cabin applications, advanced driver assistance systems and autonomous driving applications. It will also address electromobility applications such as battery management systems and traction inverters. The collaboration covers a wide range of Infineon’s automotive products, including sensors, microcontrollers, power semiconductors, high-performance memories for specific applications, human machine interface and security solutions. The system application center is expected to be established within 2023. About Infineon Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about €14.2 billion in the 2022 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY). Infineon is at the core of the transformation of the automotive industry towards sustainable mobility. Further information on Infineon’s mobility solutions is available at www.infineon.com/mobility Further information is available at www.infineon.com This press release is available online at www.infineon.com/press Follow us: Twitter - Facebook - LinkedIn   About Hon Hai Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking in the top 20 among the Fortune Global 500. In 2022, revenue totaled TWD6.62 trillion (approx. USD220 billion or EUR200 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and others. The Group operates 173 campuses across 24 countries and is one of the world’s largest employers with over a million employees during peak manufacturing season. The Group 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. It is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises. To learn more, visit www.honhai.com

Optimizing Micro LED Chip Structures, Using New Thin Film Protection Technology, Achieving a Blue Light Brightness of 200,000 nits. 【2023.04.19 Taipei】 Hon Hai Precision Industry Co., Ltd. (TWSE: 2317), in collaboration with ENNOSTAR and Unikorn Semiconductor Corporation, announced at "Touch Taiwan 2023" the development of a new 0.12-inch micro-display with a pixel density exceeding 6,500 PPI and a blue light brightness of 200,000 nits, using Micro LED technology. The purpose of this collaboration is to improve Micro LED efficiency by optimizing the structure of Micro LED chips and adopting a new thin film protection technology, successfully reducing surface defects, improving external quantum efficiency, and increasing product reliability. Considering the high brightness requirements of AR applications, Unikorn Semiconductor Corporation, which has rich experience in III-V semiconductor manufacturing and advanced process technology, was responsible for optimizing the Micro LED chip efficiency in this joint development to ensure a balance between brightness and chip power consumption during subsequent full-color conversion.  Hon Hai, on the other hand, used its own developed color conversion technology to further achieve full-color display effect at 3,600 PPI. For general high-PPI full-color displays, the small pixel pitch cannot provide enough quantum dot optical density, causing leakage of blue light in high-brightness scenes, resulting in blue halo and color shift among pixels. Hon Hai's Micro LED manufacturing technology, built on a semiconductor process, uses high-efficiency quantum dot color conversion and a self-developed reflective inter-pixel light shield technology to provide sufficient optical density of quantum dots and prevent color shift among pixels, producing high-purity red and green light for full-color display effect. Hon Hai collaborated with ENNOSTAR and Unikorn Semiconductor Corporation for blue Micro LED process development and foundry services, and to enhance the development of high-efficiency blue light pixel process with 4um pitch. The long-term goal is to invest resources in applications with growth potential to achieve differentiation and technological innovation. This product can be widely used in smart glasses, AR/VR devices, and Hon Hai will strive for collaboration and technological innovation to expand business opportunities in the fields of virtual reality, augmented reality, and other metaverse applications.   About Hon Hai  Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (2317:Taiwan) is the world’s largest electronics manufacturer, having more than 40% market share in EMS. 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. Operating in 24 countries and employees 1 million workers, Hon Hai's revenue in 2022 reached a new record high of NT$6.6 trillion (about US$219.5 billion). Hon Hai ranks Top 20 among Fortune Global 500.

FY 2022 EPS at NT$10.21 is 15-year high 4Q 2022 revenue higher on-year, but pandemic affected margins Cash dividend at NT$5.30 per share, highest since 1991 listing Operating outlook for full year 2023 is neutral and flattish 1Q 2023 outlook roughly flat on-year, to see seasonally smaller on-quarter decline​​​​​​​ 15 March 2023, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) today announced its full year and fourth quarter 2022 financial results. Net profit for 2022 totaled NT$141.5 billion, resulting in an earnings per share of NT$10.21, a 15-year high. Due to greater uncertainty in the global economic situation for 2023, the company's outlook for the whole year is neutral and flattish. At the same time, Hon Hai also announced a cash dividend of NT$5.30 per share, setting a new high since the company’s listing in 1991, while outlining six major operational pillars for this year, as part of the Group’s medium- to long-term development path. For the full year 2022, revenue reached an annual record of NT$6.627 trillion, up 11% from a year earlier; gross profit at NT$400.1 billion, rose 10% on-year; operating net profit at NT$173.8 billion, increased 17% on-year; and net profit at NT$141.5 billion, gained 2% on-year. Gross profit margin, operating profit margin, and net profit margin were 6.04%, 2.62%, and 2.13%, respectively, compared with 6.04%, 2.49%, and 2.32% in the previous year; despite the performance in margins, their absolute values increased. EPS for 2022 reached NT$10.21, an increase of NT$0.16 from a year ago. In the fourth quarter, revenue reached NT$1.963 trillion, up 4% on-year; gross profit at NT$111.1 billion, fell 2% on-year. Operating net profit was down 16% in the last three months of 2022 to NT$44.2 billion, while on a net basis, profit fell 10% year-on-year to NT$40.0 billion. Gross profit margin, operating profit margin, and net profit margin were 5.66%, 2.25%, and 2.04%, respectively, compared with 6.03%, 2.79%, and 2.35% during the same three months a year ago, as pandemic-affected operations weighed on margins in the fourth quarter. EPS in the October-December quarter reached NT$2.88, down NT$0.32 from the year ago period. Hon Hai Chairman and CEO Young Liu gave credit for performance in the fourth quarter, firstly, by offering a heartfelt appreciation to the Group’s colleagues for their hard work during the period, especially in face of extraordinary pandemic challenges. He said that through their efforts to prioritize the health and safety of employees and the safety of production, the pandemic was quickly brought under control, operations rapidly returned to normal, which led to a 4% year-on-year growth in fourth quarter revenue, beating expectations. Chairman Liu pointed out that the Group’s revenue in 2022 reached a new record high of NT$6.6 trillion, resulting in an annual growth of over 10%. While in line with what was predicted in the previous quarterly conference call, it exceeded expectations provided at the start of last year by a large margin. Based on the Group's policy that the cash dividend payout ratio shall not be less than 40%, Chairman Liu announced this year’s cash dividend at NT$5.30 per share, implying a payout ratio of 52%, a record since Foxconn listed in 1991. The cash dividend payout ratio has exceeded 50% for four consecutive years now. Chairman Liu said that although he attaches great importance to the improvement of gross profit margin, he pays more attention to the maximization of EPS, because only with a higher EPS can more cash dividends be distributed to investors. He maintained his view from the previous quarter regarding the outlook for 2023. Chairman Liu said the full year outlook for the ICT industry remains neutral, despite relatively conservative visibility due to worries for a slowdown in global economic growth, monetary policy tightening of various countries, and the tapering of pandemic-related product growth. He emphasized the Group will do its best to maintain a stable performance. The operating outlook this year is expected to be roughly flat. Even with market uncertainties this year, Hon Hai can still grow in three segments - components and other products; computing products; and cloud and networking products, Chairman Liu said. Inflation, exchange rates, and higher personnel costs incurred during the pandemic will affect gross profit margin performance this year, leading the company to continue to prioritize maximizing EPS to create the fullest profits. The operational outlook for first quarter 2023 is estimated to be roughly flat year-on-year. Sequentially, the anticipated on-quarter decline will be seasonally smaller than usual, reflecting a lower comparison base due to pandemic-affected operations being depressed in the fourth quarter, followed by the boost to January shipments with the return to normal production in Zhengzhou operations, Chairman Liu said. He also outlined six operational pillars for 2023: ICT Strengthen innovation and connect with new businesses: The Group’s business groups have gradually invested in EV-related fields; this year, in addition to making great progress in the field of acoustics, the Group will also seize business opportunities in AI servers. Maximize EPS, create more profit EV Expansion of EV layout in North America: Comprehensively cooperate with traditional and start-up auto manufacturers. At present, the Group's new electronic control and sensor product lines will be launched within this year, and the testing, verification and manufacturing of battery cells and battery packs will also be carried out this year; the production of self-driving tractors and battery replacement modules is expected to start in the near future. Expand and deepen customer base: Continue to expand customer base, advance the sound development trend of supply chain cooperation; this year, new components and vehicle assembly will contribute to EV revenue. Continue to advance battery R&D: Battery center in Ho Fa Industrial Park in Kaohsiung is expected to conduct a test run on the first line in the fourth quarter of 2023; LFP cells for electric buses also expected to enter the mass production in second quarter of 2024. Semiconductors Promote global deployment and partnership cooperation: Continue to promote cooperation with strategic partners. In terms of SiC, the product and advanced packaging and testing layout are progressing smoothly. This year, the focus is on customer development, preparation for mass production, and cooperation in upstream and downstream supply chains. Strengthening compound semiconductor efforts: The software/hardware platform for the development of automotive chips has been established and will be fully introduced into the ongoing development, design and verification of automotive MCU/SoC chips this year. Software Layout of Internet of Vehicles infrastructure: Continue to develop smart cockpit, EEA architecture and various software solutions with partners, while strengthening the infrastructure of Internet of Vehicles, continuing to invest in the development of vehicle platform HHEV.OS, to realize the goal of software-defined EV. AR glasses: Strengthen the layout of AR glasses content and applications, and grasp the growth opportunities from new applications and technologies. Global footprint Optimize production capacity layout: Leveraging the advantage of an extensive global footprint, cooperate with customers to move towards the goal of "capacity optimization". Continue to develop new BOL markets: Work with governments of various countries to create resilient supply chains and assist countries in creating economic growth momentum. ESG Performance link and improve on labor regulations: Revise the Group’s code of conduct and formulate responsibility standards; and publish a chapter on Hon Hai's labor rights, becoming an industry benchmark. Establish a green energy investment platform: Expand domestic and overseas participation in renewable energy, energy storage and other related investments, and lead Hon Hai's supply chain in energy transformation and upgrading.

Mount Pleasant, WI (March 2023) – We Energies, a Wisconsin-based utility company of WEC Energy Group (NYSE: WEC), and Hon Hai Technology Group (“Foxconn”) (TWSE:2317) announced that this spring the companies will submit for approval with the Village of Mount Pleasant Board of Trustees and Racine County Board of Supervisors a project to install solar panels at Foxconn’s Science and Technology Park in Mount Pleasant, Wisconsin. “In partnership and collaboration with We Energies, Foxconn is excited to launch one of the largest nonresidential solar projects in Racine County,” said Foxconn Technology Group. “Foxconn is committed to integrating green and sustainable practices throughout our operations to mitigate the impacts of climate change, thereby further achieving our responsibility of protecting the environment. As Foxconn’s operations in Wisconsin expand in response to market demand, the presence of renewable energy resources within the park demonstrates our commitment to environmental stewardship across the manufacturing supply chain to our customers and the community.” Foxconn has invested over $1 billion in Wisconsin and today employs over 1,000 employees who manufacture data servers and motherboards for tier-1 customers. These customers look to suppliers such as Foxconn to use renewable sources of energy throughout the manufacturing process when determining additional business growth. Under the contract, We Energies will install, own, and maintain approximately 2,000 solar panels on the Foxconn campus in Mount Pleasant. The one-megawatt project is capable of producing enough energy to power 300 homes. The unique project design utilizes a mix of single-axis tracking and fixed-tilt panels to maximize the renewable energy production capability. “We’re pleased to bring more clean energy to Wisconsin through this partnership with Foxconn,” said Gale Klappa, executive chairman — WEC Energy Group. “As Foxconn expands its operations, this project will deliver affordable, reliable and clean energy for years to come.” The annual energy production expected from this solar project is estimated to offset more than 1,200 metric tons of carbon dioxide (CO2) emissions, equivalent to taking 260 cars off the roads or planting 20,000 trees. During the 30-year life of the system and the agreement between We Energies and Foxconn, the benefits are expected to grow to well over 33,000 metric tons of CO2 removed, 7,200 cars off the road, or 560,000 trees planted.

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.

Hon Hai Technology Group (Foxconn) names Mr Jun Seki as Chief Strategy Officer for electric vehicles Experienced hand from global bellwethers Nissan and Nidec 30 January 2023, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) has named automotive veteran Mr Jun Seki to be the Group’s Chief Strategy Officer for electric vehicles. A seasoned executive with two Japanese icons, Nissan Motor Co and the world’s largest electric motor maker Nidec Corp, Mr Seki’s rich management experience in the Japanese auto industry and global EV supply chains will assist the Group in integrating EV resources and development in the Americas, Asia, and the Middle East. Mr Seki will directly report to Hon Hai Chairman and CEO Young Liu; the appointment is effective from 1 February 2023. Mr Seki joined Nissan Motor Co in 1986, rising through the ranks to be appointed to the No 3 role as Vice Chief Operating Officer at the French Renault-controlled Japanese auto giant in 2019. During more than three decades at Nissan, Mr Seki has been well regarded for his manufacturing expertise and deep experience spanning the Asia-Pacific and North America. Mr Seki was instrumental in executing turnaround efforts at Nissan and successfully led its China operations, serving as President of Dongfeng Motor Co from 2014 to 2018. From 2020 to 2022, he served as President, COO and CEO of Nidec, broadening its bellwether electric motor-making business into the EV industry. Mr Seki graduated with a BS in Mechanical Engineering from Japan’s National Defense Academy in 1984.

Ottawa, ON – Mitacs, a non-profit organization committed to fostering innovation in Canada, and Hon Hai Research Institute, the research arm of the world’s largest electronics manufacturer Hon Hai Technology Group (“Foxconn”), today signed a memorandum of understanding to advance quantum technology in Canada, with the active support of the Canadian Trade Office in Taipei. Through the MOU, the Hon Hai Research Institute will focus on quantum research with Mitacs providing advice on funding and talent development — drawing on its vast network of leading post-secondary research institutions in Canada. This agreement is the first step in Foxconn’s ambitious plan to expand its R&D and innovation capability in Canada. In addition to quantum research, Foxconn is seeking to develop new research and design facilities in Canada — creating jobs and driving economic growth across the country. “Through this new partnership, we hope to connect the institute with Canadian professionals and experts with the goal of jointly investing in cutting-edge technology research, beginning in the field of quantum technologies,” said Hon Hai Research Institute’s CEO Wei-Bin Lee. “Through Mitacs, we hope to fund quantum computation research projects in Canada and hire five to ten research interns in the first year.” “This MOU demonstrates Canada’s commitment to strengthening our trade and investment relations with partners in the Indo-Pacific region, including Taiwan. Our government will continue to promote Canada as a world-leading investment destination and create new opportunities for cutting-edge technological research — creating good paying jobs and growing our economy along the way,” said the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business, and Economic Development, Government of Canada. “Ontario and Canada are home to some of the world’s most qualified research and postsecondary talent,” said Jill Dunlop, Ontario Minister of Colleges and Universities. “Through this partnership, Mitacs’s programs and networks will support the Hon Hai Research Institute’s talent pipeline, providing incredible opportunities for Ontario students to gain the skills they need to secure in-demand jobs after graduation.” “The more successful Canada is at building its international networks of research, the greater the potential to maximize our innovation economy,” added John Hepburn, CEO of Mitacs. “Through today’s agreement, Mitacs will help build a pipeline of talent to advance crucial quantum research, in partnership with one of the world’s leading electronics companies.” International partnerships that bring together post-secondary research talent and industry from around the world are essential to fostering innovation in the sectors that power the global economy and to ensuring Canada maintains a competitive advantage in the years to come. Foxconn is also planning to launch a Canadian Software Research & Development Center (SRDC). At the outset, the SRDC will focus on software development, specifically in the areas of electric vehicle experience, human-machine interface design, and usability engineering, as well as other design projects in response to internal or client demand. The SRDC will hire 100 designers and engineers in the first phase. ABOUT MITACS Mitacs empowers Canadian innovation through effective partnerships that deliver solutions to our most pressing problems. For over 20 years, Mitacs has assisted organizations in reaching their goals, has funded cutting-edge innovation, and has created job opportunities for students and postdocs. We are committed to driving economic growth and productivity and to creating meaningful change to improve quality of life for all Canadians. ABOUT HON HAI RESEARCH INSTITUTE The establishment of the Hon Hai Research Institute is an important step in the Group’s development strategy as it moves one step closer to its “Foxconn 3.0” transformation. The institute has five research centers. Each center has an average of 40 high technology R&D professionals, all of whom are focused on the research and development of new technologies, the strengthening of Foxconn’s technology and product innovation pipeline, efforts to support the Group’s transformation from “brawn” to “brains,” and the enhancement of the competitiveness of Foxconn’s “3+3” strategy. ABOUT HON HAI 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. 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.

DENPASAR, 14 November 2022 – As part of its commitment to support Indonesian Government's program in the development of the electric vehicle ecosystem and efforts to reduce Indonesia's emissions, PT Indika Energy Tbk (Indika Energy) and Hon Hai Technology Group (Foxconn), through each of their subsidiary, established a joint venture company, PT Foxconn Indika Motor (FIM), and agreed to donate 5 electric buses (eBus) to support the series of G20 and B20 event in Indonesia through the Ministry of Investment/Investment Coordinating Board (BKPM). FIM, which was established to expand net-zero emissions commitment especially in the electric vehicle sector, is a joint-venture company between PT Mitra Motor Group (MMG), a subsidiary of Indika Energy and Foxteq Singapore Pte. Ltd., a subsidiary of Foxconn. FIM aims to conduct manufacturing business for commercial electric vehicles and electric batteries, as well as providing management consultation service. Arsjad Rasjid, President Director of Indika Energy said, “We see a great potential in the development of electric vehicles in Indonesia for emissions reduction. Indika Energy and Foxconn are delighted to support Indonesia’s prestigious B20 and G20 as well to promote green mobility in Indonesia. This is the beginning of a comprehensive electric vehicle ecosystem in Indonesia for a more sustainable future.” "This event today celebrates Foxconn’s friendship with our partner Indika Energy and the Indonesian government. It shows our commitment to support the goals to become cleaner, greener and smarter for a Golden Indonesia 2045," said Foxconn Chairman and CEO Young Liu. "Not one of us, has time to waste on our journey, together, to reduce emissions and increase electrification." Minister of Investment/ Chairman of Indonesia Investment Coordinating Board (BKPM), Bahlil Lahadalia in his speech appreciated Foxconn and Indika Energy's commitment to invest in the battery, electric vehicle and supporting industries in Indonesia. Through this momentum, Bahlil hopes that Indonesia can become a world-class electric vehicle producer. This collaboration is also an example of collaboration between global players and local players to transfer technology and increase Indonesia's competitiveness. “In order for investment projects to be successful, investors must respect local entrepreneurs so that the economic impact and value they provide can be felt immediately. We are ready to fully support the realization of Foxconn's investment aligned with the government vision in the green transition," said Bahlil. The electric bus has dimensions of 2,500mm width, 3,279 mm height and 11,940mm length, uses battery lithium iron phosphate type with capacity 299.5 kwh and has total capacity of 45 people. During the G20 and B20 meetings, the eBus will transfer VIPs from deplaning on the tarmac to the arrival hall in the Ngurah Rai International Airport. These electric buses also serve as VIP shuttle buses. Operating hours are from 6:00 am to 8:00 pm daily. The customized MODEL T appearance, with the silhouette of the gunungan and the kawung batik motif, aligns with the G20 theme of recovery. ABOUT INDIKA ENERGY PT Indika Energy Tbk. (Indika Energy) is Indonesia’s leading diversified investment company with key focus on developing new sustainable businesses through its strategic investments in the areas of Energy - coal production (PT Kideco Jaya Agung, PT Multitambangjaya Utama), coal trading (Indika Capital Investment Pte. Ltd.), EPC oil & gas (PT Tripatra Multi Energi, PT Tripatra Engineers & Constructors, PT Tripatra Engineering); Logistics and Infrastructure - marine transportation, ports & logistics for bulk goods and natural resources (PT Sea Bridge Shipping, PT Cotrans Asia, PT Indika Logistic & Support Services, PT Kuala Pelabuhan Indonesia), fuel storage (PT Kariangau Gapura Terminal Energi), coal-fired power plant (PT Cirebon Electric Power and PT Prasarana Energi Cirebon); Minerals - gold production (Nusantara Resources Limited); Digital Ventures - IT enterprise (PT Xapiens Teknologi Indonesia); Green Businesses - nature based solution (PT Indika Multi Properti), renewable energy (PT Empat Mitra Indika Tenaga Surya), electric vehicle (PT Ilectra Motor Group, PT Mitra Motor Group). www.indikaenergy.co.id   ABOUT FOXCONN 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.

〔November 12th, 2022, Thailand〕HORIZON PLUS today held the stone-laying and groundbreaking ceremony for the EV manufacturing facility at the Rojana Nhongyai Industrial Park, Chonburi Province with Professor Dr. Thosaporn Sirisumphand – chairman of PTT and ARUN PLUS Board of Directors, Mr. Narit Therdsteerasukdi – secretary general of the Thailand Board of Investment (BOI), Mr. Piriya Khempon – special advisor of the eastern economic corridor office, Dr. Suo-Hang Chuang –representative of the Taipei economic and cultural office, Mr. Auttapol Rerkpiboon – president and CEO of PTT, Dr. Buranin Rattanasombat – chief new business and infrastructure officer of PTT and chairman of HORIZON PLUS board of directors, Mr. Mark Chien – general manager of FOXCONN D Business Group, and Mr. Kay Chiu – HORIZON PLUS CEO as the guests. Professor Dr. Thosaporn revealed that “Today’s stone-laying ceremony marks another important step of collaboration between FOXCONN and PTT on our journey towards electrification of the regional automotive industry. As the world moves toward low-carbon society, transition to the greener transportation alternatives such as EV will play significant role in shaping future energy sustainability. This aligns with PTT commitment to create national energy security for the country. This collaboration also open up investment opportunities beyond production to include both upstream and downstream for the Thai automotive supply chain to better serve EV end consumers. Mr. Auttapol Rerkpiboon – president and CEO of PTT mentioned that “The collaboration not only focuses on the investment of the EV production, but also on the research and development in Thailand. This includes knowledge transfer and trainings for local workforce. HORIZON PLUS stone-laying and groundbreaking ceremony emphasizes PTT Group commitment under the new vision: powering life with future energy and beyond. EV manufacturing facility will open business opportunities for our group to further strengthen the local EV supply chain and drive electrification of the ASEAN auto-industry.” Dr. Buranin Rattanasombat – chief new business and infrastructure officer of PTT and chairman of HORIZON PLUS board of directors revealed that “HORIZON PLUS will operates based on the BOL philosophy which stands for Build-Operate-Localize to enhance the competitiveness of local automotive industry and supply chain in the long run. HORIZON PLUS will invest around 37,000 million THB (around 1 billion USD) for this EV facility with target to complete construction and ready for vehicle delivery by 2024. The initial capacity will be 50,000 EV per year and gradually ramp up to 150,000 EV per year by 2030 to support the growing demand of ASEAN EV market” Mr. Kay Chiu – HORIZON PLUS CEO shared “the Business model of HORIZON PLUS is Contract Design and Manufacturing Service (CDMS) which is open to any automakers whose strategy is to have their vehicle produced in Thailand both for domestic and export market. This open and sharing manufacturing concept aligns with FOXCONN's ambition in shaping the global EV industry based on MIH open platform.” Horizon Plus Company Limited (HORIZON PLUS) is the joint venture between Arun Plus Company Limited (ARUN PLUS) – the EV flagship of PTT Public Company Limited (PTT), the Thai national energy conglomerate – and Hon Hai Precision Industry Co., Ltd (FOXCONN) – the global leader in the manufacturing of electronic products. HORIZON PLUS will operate the comprehensive Electric Vehicle (EV) manufacturing facility including production of EV key components. The facility will be located on the majestic land plot of over 500,000 square meters in the eastern part of Thailand. This collaboration between FOXCONN and PTT aims to support the transition of the Thai automotive industry from traditional Internal Combustion Engine (ICE) to EV. Automotive is one of the crucial sectors of the Thai economy – contributing around 6% of the country GDP and employs over 750,000 workers. HORIZON PLUS ambitious move to EV manufacturing will not only create jobs and re-skill the workforce, but also sustain Thailand’s position as the Detroit of Asia. About PTT Public Company Limited Established in 1978, PTT Public Company Limited is a Thailand-based state-owned listed company engaged in the energy businesses. PTT is today, Thailand’s largest business group with a market cap of USD 36 billion. The Company supplies, transports and distributes natural gas vehicle (NGV), petroleum products and lubricating oil via service stations throughout Thailand and also exports to overseas markets. Through its subsidiaries and affiliated companies, the Company is involved in exploration, production, refinery, marketing and distribution of petroleum, petrochemical products and aromatics. In its drive into innovative, future-proof and sustainable industries, PTT is committed to spearheading the development of EV ecosystem in Thailand and moving towards low carbon society. Hon Hai Precision Industry Co., Ltd. (FOXCONN) Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (2317: Taiwan) is the world’s largest electronics manufacturer. 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. Horizon Plus Company Limited (HORIZON PLUS) HORIZON PLUS is the joint venture between Hon Hai Technology Group(Foxconn) and PTT Group to invest and operate EV manufacturing facility in Thailand based on the Contract-Design Manufacturing Service (CDMS) model, aims to support the transition of the Thai automotive industry from traditional Internal Combustion Engine (ICE) to EV.

Full year 2022 outlook unchanged at “growth” Net profit in 3Q and January-September 2022 are records for same periods Capex to be higher in 2023 vs 2022 2023 outlook for ICT is neutral 2023 will be important year for Group in EV business 10 November 2022, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) today announced its third quarter and January-September 2022 financial results. In the July-September quarter, consolidated revenue and net profit attributable to the parent company reached NT$1.7466 trillion and NT$38.8 billion, respectively. Both were record highs for any third quarter. For the first three quarters of this year, the combined revenue and net profit attributable to the parent company reached NT$4.6640 trillion and NT$101.5 billion, respectively, both also record highs for the same period. The EPS in the third quarter and the first three quarters of this year was NT$2.8 per share and NT$7.32 per share, respectively. Net profit and EPS for the third quarter increased year-on-year by 5% and 7%, respectively. Due to the pandemic’s impact on the Zhengzhou campus operations, the Group lowered its outlook for the fourth quarter. However, the fourth quarter will still show growth compared with the third quarter. In addition, performance in the first nine months was better than expected. The full-year outlook for performance is unchanged at "growth.” Looking forward to 2023, taking into consideration inflation, the pandemic and the international political and economic situation, as well as better-than-expected revenue growth in 2022 resulting in a high base of comparison, the Group's outlook on the ICT industry will be relatively neutral. Revenue in the third quarter of 2022 reached NT$1.7466 trillion, up 24% on year, a substantial growth that exceeded the company's expectations, mainly due to strong demand for consumer smart products. Last quarter’s gross profit margin, operating profit margin and net profit margin attributable to the parent company were 6.16%, 2.78%, and 2.22%, respectively. Although gross profit margin did not improve due to the product mix, the operating profit margin increased by 0.21% from the same time a year ago due to economies of scale and cost control; net profit attributable to the parent company at NT$38.8 billion in the third quarter was a record high for the same period, in line with the company's goal of maximizing profits. In order to maintain the competitiveness of existing ICT business and expand new ones under the “3+3” strategy, capital expenditure next year will be higher than this year.  Among the regions, China will still account for the highest overall capex ratio, while production capacity expansion will continue for Taiwan, Vietnam, India, Mexico, the United States, and the Czech Republic, in response to customer and market demands. The company will aim to maximize profit in its operations and the outlook for gross profit margin next year is neutral. Regarding the situation of the Group’s Zhengzhou campus, Chairman and CEO Young Liu said: For Hon Hai, epidemic prevention is a multi-faceted effort that must integrate policy, medicine, health, and production. Safeguarding the health of more than one million employees and maintaining safe production has always been the biggest challenge for management. Chairman Liu said: A campus with more than 200,000 employees requires strong management capabilities to adhere to epidemic prevention regulations and operate production normally. Facing this epidemic, Hon Hai is continuously making adjustments, in compliance with government regulations. From rapid testing to dine-in to assisting employees to return home, Hon Hai wishes to look out for the rights of the employees and the safety of production, under the prerequisite of employees' health and in respect to their wishes. Currently, after undergoing these adjustments, the overall situation is gradually getting on track. Regarding recent fake news related to the Zhengzhou campus, Chairman Liu emphasized:  During this period, we saw some deliberately edited, untrue and exaggerated videos and news, which created a lot of panic. We ask that everyone take Hon Hai’s official statements as their primary reference and refrain from spreading false rumors. Chairman Liu said: The customer officially issued a statement regarding the situation in the Zhengzhou campus. We are also glad to see that the customer prioritizes employee health, and glad to see that demand for high-end models still remains strong. The Henan provincial government has also made it clear that it will fully support Hon Hai and stamp out the epidemic as quickly as possible. Talking about Hon Hai's proprietary BOL business model, "3+3" new business strategy, including the latest developments in the fields of software and semiconductors, Chairman Liu said he is glad that the BOL model has been welcomed by various countries. In September, Hon Hai and Indonesia's Indika officially established their joint venture; the plan is to produce electric buses and batteries in Indonesia, and establish a comprehensive electric vehicle ecosystem. Meanwhile, ground-breaking for the EV factory in Thailand is slated for November 12. Hon Hai also invested in CEER, a company established with PIF in Saudi Arabia. This will be based on the contract design and manufacturing service (CDMS) model, with Hon Hai responsible for developing the vehicle EEA framework and software, with contribution expected to start next year. At the same time, the cooperation between Hon Hai and Vedanta in the Indian semiconductor industry is progressing smoothly; there should be positive news before the end of the year. "2023 will be a meaningful year for Hon Hai in the EV business. I believe the results of many of our collaborations will be realized one after the other," said Chairman Liu. He said, in that vein, there will be two traditional automakers and three start-ups joining as new customers. Among those, two of the start-ups have joined as new customers, while one of the traditional automakers is likely to join soon. In terms of progress, official deliveries of the MODEL C are slated for the second half of 2023, while one after the other, the EV pickup, INDIEV prototype and Monarch electric farming tractor are being introduced into the Ohio manufacturing operations. Indonesia's EV bus and battery ecosystem, the Kaohsiung Battery Center, and Mexico's automotive parts factory are also the focus of development next year. In terms of automotive semiconductors, Chairman Liu said that Hon Young Semiconductor has completed the development of the 1,200V silicon carbide MOSFET process this year, and is currently engaging with many customers. It is expected to start accepting new product orders at the end of this year, obtain vehicle certification in the second half of next year, and began mass production of SiC, as well as provide services such as simulation testing. Regarding issues related to competition and possible transfer of orders, Chairman Liu said: Any industry that is large in scale will have more than two suppliers. In addition to the competitive advantage of scale, Hon Hai is strong in supply chain management capabilities and manufacturing that requires a huge workforce. Going forward, Hon Hai will continue to create a win-win situation through our global footprint and the BOL model. Competitors cannot easily replicate these capabilities.