Delta Electronics : (Supplementary) Delta announces on behalf of its subsidiary, DIH, the proposed acquisition of 100% shareholdings of Infinova (Canada) Ltd.

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Provided by: DELTA ELECTRONICS, INC.
SEQ_NO	2	Date of announcement	2021/12/01	Time of announcement	21:42:34
Subject	(Supplementary) Delta announces on behalf of its subsidiary, DIH, the proposed acquisition of 100% shareholdings of Infinova (Canada) Ltd.
Date of events	2021/12/01	To which item it meets	paragraph 20
Statement	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.):Common shares of Infinova (Canada) Ltd. 2.Date of occurrence of the event:2021/12/01 3.Amount, unit price, and total monetary amount of the transaction: Amount: 10,000 common shares Unit price: approximately USD 12,150 Total monetary amount of the transaction: approximately USD 121.5 million 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):Trading counterparty is Infinova International Ltd. that is not a related party of the Company. 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:N/A 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:N/A 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):N/A 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition):N/A 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: Terms of payment: Remit payment to the designated bank account Restrictive covenants in the contract: None Other important stipulations: The total amount of this transaction will be adjusted based on the adjustment mechanism written in the share purchase agreement. 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: Approved by the Boards of Directors of the Company and Delta International Holding Limited B.V. (DIH) respectively. The reference basis for the decision on price: According to the opinion on the reasonableness of the transaction price proposed by the independent specialist. 11.Net worth per share of the Company's underlying securities acquired or disposed of:USD 10.8 thousand 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: The cumulative volume of the transaction (including the current trade): 10,000 common shares The cumulative monetary amount of the transaction: approximately USD 121.5 million The cumulative shareholding percentage: 100% Status of any restriction of rights: None 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 and short term securities investment to the total assets: 78.80% Current ratio of long and short term securities investment to the shareholder's equity: 119.24% Operating capital: NTD-3,159,497thousand (Delta group has sufficient cash to pay the total amount of the transaction) 14.Broker and broker's fee:N/A 15.Concrete purpose or use of the acquisition or disposal:In order to strengthen Delta��s surveillance and building automation solutions 16.Any dissenting opinions of directors to the present transaction:No 17.Whether the counterparty of the current transaction is a related party:No 18.Date of the board of directors resolution:2021/10/01 19.Date of ratification by supervisors or approval by the Audit Committee:2021/10/01 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:No 21.Name of the CPA firm:Crowe (TW) CPAs 22.Name of the CPA:Mengta Wu 23.Practice certificate number of the CPA:3622 24.Whether the transaction involved in change of business model:No 25.Details on change of business model:N/A 26.Details on transactions with the counterparty for the past year and the expected coming year:None 27.Source of funds:Delta group has sufficient cash to pay the total amount of the transaction. 28.Any other matters that need to be specified:Supplemental announcement in relation to the estimated amount of transaction on the closing date