[Delta Electronics] Announcement of Capital Increase for Subsidiary DIN via Delta Energy Systems (Singapore)

Delta Electronics has announced that its subsidiary, Delta Energy Systems (Singapore) PTE. LTD. (DESS), will increase its capital investment in Delta Electronics India Pvt. Ltd. (DIN). The total planned investment is approximately $66 million USD, to be conducted in installments. The first phase involves an investment of approximately $30 million USD for about 128 million shares at $0.23 per share. The remaining $36 million will be invested based on future requirements. The purpose of this transaction is to provide funding for the construction of factories in India. Following the first phase, Delta's effective ownership of DIN will remain at 100%. This move is part of Delta's strategic expansion to meet the growing demand in the Indian market and optimize its global production footprint.