ASMPT agrees to sell ASMPT NEXX to Applied Materials for US$120 million cash

• ASMPT agreed to sell wholly owned US unit ASMPT NEXX to Applied Materials for USD 120 million cash, subject to closing adjustments.
• Applied Materials will retain USD 18 million at closing as an indemnification holdback for 18 months.
• Deal also includes inventory held by certain ASMPT subsidiaries valued at about USD 6.7 million.
• Closing expected no later than five business days after conditions are met or waived; either party can terminate if conditions are not satisfied by 5:00 p.m. Pacific time on July 29, 2026.
• Based on NEXX adjusted unaudited net assets of about HKD 833 million as of March 31, 2026, transaction is expected to generate an estimated net gain of about HKD 11 million at closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ASMPT Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260504-12141665), on May 04, 2026, and is solely responsible for the information contained therein.