Acer Incorporated : The Company’s board passed a resolution to support the Company’s subsidiary, Acer Gaming Inc., investing WINKING ENTERTAINMENT LTD

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Provided by: ACER INCORPORATED
SEQ_NO	3	Date of announcement	2022/08/04	Time of announcement	17:03:03
Subject	The Company's board passed a resolution to support the Company's subsidiary, Acer Gaming Inc., investing WINKING ENTERTAINMENT LTD
Date of events	2022/08/04	To which item it meets	paragraph 51
Statement	1.Date of occurrence of the event:2022/08/04 2.Company name: Acer Inc. 3.Relationship to the Company (please enter "head office" or "subsidiaries"): head office 4.Reciprocal shareholding ratios: N.A. 5.Cause of occurrence: The Company's board passed a resolution to support the Company's subsidiary, Acer Gaming Inc., investing WINKING ENTERTAINMENT LTD today. 6.Countermeasures: None 7.Any other matters that need to be specified: Please refer to the following press release issued by Acer today TAIPEI, TAIWAN (August 4, 2022) Acer Gaming Inc. today announced its intent to invest up to 55% of WINKING ENTERTAINMENT LTD (hereinafter WINKING)'s common shares as part of its efforts to expand its foothold in the game-related business, venturing into the realm of game content. WINKING is one of the world's top art outsourcing and game development studios and has participated in the development of popular games such as Assassin's Creed Valhalla, Lineage2M, Genshin Impact, Final Fantasy XIV, Blade & Soul 2, Honor of Kings, Identity V and Onmyoji. With clients that cover over 70% of the top 25 game publishers, the studio has over 600 employees in Taipei, Shanghai, Nanjing, and Singapore. Acer Gaming plans to purchase 7,850,966 shares of WINKING's issued common shares from its shareholders and subscribe 1,744,659 new shares through cash capital increase. The total amount of purchased shares shall be 9,595,625 common shares at a price not exceeding NTD 642,034,647. The actual execution of this transaction is subject to the competent authority's approval. With nearly two decades of industry experience under WINKING's belt, combined with Acer Gaming's resources in the domain and Acer Group's global footprint, the collaboration is expected to create synergy to help both companies' international expansion.