Subject: Announcement on behalf of subsidiary Foxconn Industrial Internet Co., Ltd. The chairman proposed to repurchase shares

Date of events:2023/10/18

Contents:

1.Date of occurrence of the event:2023/10/18

2.Company name: Foxconn Industrial Internet Co., Ltd.

3.Relationship to the Company (please enter "head office" or "subsidiaries"):subsidiaries

4.Reciprocal shareholding ratios:84.0725%

5.Cause of occurrence:

Foxconn Industrial Internet Co., Ltd. chairperson Hungmeng Cheng based on its confidence in the company's future sustainable development and Recognition of the company's value, in order to safeguard the interests of investors and enhance investors' investment confidence in the company, at the same time Promote the stable and healthy development of the company and effectively integrate the interests of shareholders, the company and the personal interests of employees Since then, it is proposed that the company conduct share repurchases through centralized bidding transactions. The shares repurchased will all be used in due course in the future. in equity incentives and/or employee stock ownership plans. Proposed content:

(1) Type and method of repurchasing shares: RMB ordinary shares (A shares) issued by the company

(2) Purpose of share repurchase: equity incentives and/or employee stock ownership plans. If the company fails to use up the repurchased shares within 3 years after the announcement of the implementation results of this share repurchase and share changes, the unused repurchased shares will be cancelled. If the state makes adjustments to relevant policies, this repurchase plan will be implemented in accordance with the adjusted policies.

(3) Period for repurchasing shares: No more than 12 months from the date the board of directors considers and approves the final share repurchase plan

(4) The total amount of funds to repurchase shares: no less than RMB 200 million (inclusive) and no more than RMB 300 million (inclusive)

(5) The price for repurchasing shares: shall not be higher than 150% of the average trading price of the company's shares in the 30 trading days before the company's board of directors passes the repurchase resolution.

(6) Source of repurchase funds: the company's own funds

6.Countermeasures:None

7.Any other matters that need to be specified (the information disclosure also meets the requirements of Article 7, subparagraph 9 of the Securities and Exchange Act Enforcement Rules, which brings forth a significant impact on shareholders rights or the price of the securities on public companies.):

Foxconn Industrial Internet Co., Ltd. chairperson Hungmeng Cheng, promised that he would actively promote the company's board of directors to convene a meeting as soon as possible to review the share repurchase matter in accordance with the relevant provisions of the "Share Repurchase Rules of Listed Companies" and the "Articles of Association" and vote in favor of this review of the share repurchase matter.