FOXCONN AND GOGORO ANNOUNCE STRATEGIC PARTNERSHIP

Subject: FOXCONN AND GOGORO ANNOUNCE STRATEGIC PARTNERSHIP TO ACCELERATE EXPANSION OF GOGORO'S BATTERY SWAPPING SYSTEM AND SMARTSCOOTERS

Contents:

1.Date of occurrence of the event:2021/06/23

2.Company name:Hon Hai Precision Ind. Co. Ltd.

3.Relationship with the Company (please enter "the company itself" or "subsidiaries"):the company itself

4.Reciprocal shareholding percentage:NA

5.Name of the reporting media:The company's press information

6.Content of the report:

Foxconn and Gogoro, a technology leader that is accelerating the shift to sustainable urban mobility, today announced they had signed a Memorandum of Understanding (MOU) to form a strategic technology and manufacturing partnership. Together, the companies will accelerate Gogoro's global expansion by utilizing Foxconn's world-leading manufacturing capabilities to introduce new levels of manufacturing capabilities and scale for Gogoro battery swapping technologies and Smartscooters. The announcement follows Gogoro's recent market announcements in India and China and growing interest for its battery swapping ecosystem around the world.

Foxconn and Gogoro will begin collaborating on multiple projects including smart batteries, vehicle engineering and manufacturing. By integrating Foxconn's strong manufacturing, global capabilities and top quality, Gogoro will focus on its own product design, technology development, marketing and branding, expanded distribution and customer service channels.

7.Cause of occurrence: NA

8.Countermeasures:None

9.Any other matters that need to be specified:None