Lite On Technology : To participate in cash capital increase of PlayNitride Inc.

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Provided by: LITE-ON TECHNOLOGY CORP.
SEQ_NO	1	Date of announcement	2021/12/08	Time of announcement	17:08:31
Subject	To participate in cash capital increase of PlayNitride Inc.
Date of events	2021/12/08	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.):Preferred shares of PlayNitride Inc. 2.Date of occurrence of the event:2021/12/08 3.Amount, unit price, and total monetary amount of the transaction: Expected transaction volume: 646,663. Unit price: USD 7.732. Expected total transaction amount: USD 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): PlayNitride Inc., non-related party. 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: NA 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: NA 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): NA 8.Profit or loss from the disposal (not applicable in cases of acquisition of securities) (those with deferral should provide a table explaining recognition): NA 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: Make the payment within the subscription period; NA; NA 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: The Board resolved to participate in the cash capital increase of PlayNitride Inc. The price is based on report of the fairness opinion on preferred share issued by CPA. 11.Net worth per share of the Company's underlying securities acquired or disposed of: 47.12 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: Cumulative no.of shares held: 1,989 thousand; Cumulative monetary amount: NTD 398,490 thousand; Shareholding percentage: 3.94%; Status of any restriction of rights:NA 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 securities investment (including the current trade) to the total assets in the most recent stand-alone financial statement: 63.20% Current ratio of securities investment (including the current trade) to the shareholder's equity in the most recent consolidated financial statement:130.33% Operating capital in the most recent stand-alone financial statement: NTD -23,840,206 thousand 14.Broker and broker's fee:NA 15.Concrete purpose or use of the acquisition or disposal: Strategic investment 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:NA 19.Date of ratification by supervisors or approval by the Audit Committee:NA 20.Whether the CPA issued an unreasonable opinion regarding the current transaction:No 21.Name of the CPA firm:BDO Taiwan 22.Name of the CPA:CHANG,SHU-CHEN 23.Practice certificate number of the CPA:(86) Taiwan-Finance-Securities-(VI) No.74537 24.Whether the transaction involved in change of business model:No 25.Details on change of business model:NA 26.Details on transactions with the counterparty for the past year and the expected coming year:NA 27.Source of funds: Company owned capital 28.Any other matters that need to be specified: To further strengthen the strategic alliance with PlayNitride Inc., the Board resolved to authorize Chairman full discretion to increase investment in PlayNitride Inc. within USD 3 million.