Clarification of news

SET requests to clarify news or information Subject : Clarification of news Description : Subject: Notification of Proposed Issuance of US$1,500,000,000 in aggregate Dual-tranche Zero Coupon Overseas Exchangeable Bonds exchangeable into shares of the Company by Delta Electronics Int'l (Singapore) Pte. Ltd. which is the shareholder of the Company To: President The Stock Exchange of Thailand Delta Electronics (Thailand) Public Company Limited ("the Company") has been informed by our shareholder, Delta Electronics Int'l (Singapore) Pte. Ltd. (the "Shareholder") (which is a subsidiary of Delta Electronics Inc.), that the Shareholder is proposing to issue US$1,500,000,000 in aggregate dual-tranche zero coupon overseas exchangeable bonds (the "Bonds") on or about 21 September 2026 to strengthen working capital and support future business expansion. This issuance comprises overseas exchangeable bonds due on 21 September 2027 in an aggregate principal amount of US$500,000,000 (the "Tranche A Bonds"), and overseas exchangeable bonds due on 21 September 2031 in an aggregate principal amount of US$1,000,000,000 (the "Tranche B Bonds"). The Bonds will be exchangeable into existing ordinary shares of the Company currently held by the Shareholder. The initial exchange price of the Tranche A Bonds will be THB266.80 per share, which is 15% over the reference price. Upon exercise of the exchange right, holders of the Tranche A Bonds will initially be entitled to receive 24,856.8966 shares of DET for each US$200,000 principal amount of the Tranche A Bonds, subject to adjustment in the manner provided in the terms and conditions of the Tranche A Bonds. The initial exchange price of the Tranche B Bonds will be THB301.60 per share, which is 30% over the reference price. Upon exercise of the exchange right, holders of the Tranche B Bonds will initially be entitled to receive 21,988.7931 shares of DET for each US$200,000 principal amount of the Tranche B Bonds, subject to adjustment in the manner provided in the terms and conditions of the Tranche B Bonds. The holders of the Tranche B Bonds will also, inter alia, and subject to the terms and conditions of the Tranche B Bonds, have the right to require the Shareholder to redeem all or some of such holders' Tranche B Bonds at 99.25% and 98.51% of their principal amount on the 1.5th anniversary and the 3rd anniversary of the issuance, respectively. More details of key terms of the aforementioned Bonds are published in the Market Observation Post System of the Republic of China (https://emops.twse.com.tw/server-java/t58query; stock code: 2308.TWSE). The Company would like to inform that the aforementioned transaction regarding the issuance of the Bonds has no effect on the directors and management structures, the business management structure, the policy and business operations of the Company. In this regard, if the exchange right is exercised in full at their respective initial exchange prices, the Bonds will initially be exchanged into 172,086,206 existing shares of the Company currently held by the Shareholder (being approximately 1.38% of the Company's total issued shares as of the date of issuance of the Bonds), subject to any adjustments according to the terms and conditions of the relevant Bonds. The Company will inform if there are any further changes. Signature ___________________________ ( Cheng An ) Director Authorized to sign on behalf of the company ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement. If you would like to see the full details of this information, please click view "full details" in attached file.