Hon Hai Precision Industry : Subsidiary Foxconn (Far East) Limited resolved properties refund capital reduction by returning the shares of Sharp Corporation

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Provided by: HON HAI PRECISION IND. CO., LTD.
SEQ_NO	1	Date of announcement	2022/01/07	Time of announcement	19:02:29
Subject	Subsidiary Foxconn (Far East) Limited resolved properties refund capital reduction by returning the shares of Sharp Corporation
Date of events	2022/01/07	To which item it meets	paragraph 11
Statement	1.Date of the board of directors resolution:2022/01/07 2.Reason for capital reduction:optimize company structure 3.Amount of capital reduction:USD252,000,000 4.Cancelled shares:252,000,000 5.Capital reduction percentage:3.13% 6.Share capital after capital reduction:USD7,809,628,745 7.Scheduled date of the shareholders meeting:2022/01/07 8.Estimated no.of listed common shares after issuance of new shares upon capital reduction:NA 9.Estimated ratio of listed common shares after issuance of new shares upon capital reduction to outstanding common shares:NA 10.Please explain any countermeasures for lower circulation in shareholding if the aforesaid estimated no.of listed common shares upon capital reduction does not reach 60 million and the percentage does not reach 25%:NA 11.The record date for capital reduction:NA 12.Any other matters that need to be specified: Foxconn (Far East) Limited will reduce its capital via payment in Sharp Corporation stock 14,900,000 shares (The transaction price is the closing price on the day before board resolution date) and in cash of USD$78,211,690 to shareholder Hon Hai Precision Ind. Co., Ltd.