[InfiniLink] Announcement on Board Resolution to Handle Pricing and Issuance of 2025 Private Placement Common Shares

1. Date of board resolution: 2026/04/28
2. Type of privately placed securities: Common shares
3. Subscribers for the private placement and their relationship with the company:
(1) The recipients of this private placement of common shares for cash increase are limited to strategic investors in accordance with Article 43-6 of the Securities and Exchange Act and the order issued by the Financial Supervisory Commission, Executive Yuan on June 13, 2002 (91) Tai-Cai-Zheng-Yi-Zih No. 0910003455. The list of subscribers determined by the company's board of directors on 2026/4/28 is as follows:
Subscriber and its relationship with the company
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ASMedia Technology Inc. Director Lin Che-wei also represents the corporate director.
(2) For corporate subscribers, the names of their top ten shareholders and their relationship with the company:
Top ten shareholders of the subscriber Shareholding ratio Relationship with the company
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ASUSTeK Computer Inc. 32.76% None
Huacheng Venture Capital Co., Ltd. 6.59% None
WPG Holdings Ltd. 6.03% Director Lin Che-wei also represents the corporate director.
Citibank Custodian Norges Bank Investment Management Account 3.79% None
New Labor Pension Fund 3.52% None
Huamin Investment Co., Ltd. 3.21% None
Allianz Taiwan Technology Fund Account 1.61% None
Fubon Life Insurance Co., Ltd. 1.45% None
Citibank Custodian Government of Singapore Investment Corporation Account 1.43% None
Cathay Life Insurance Co., Ltd. 1.42% None
4. Number of privately placed shares: 10,000,000 shares
5. Maximum private placement quota: Up to 10,000 thousand shares.
6. Basis and reasonableness of private placement pricing:
(1) The pricing of this private placement of common shares will be based on the higher of the following two criteria as the reference price, and will not be lower than 80% of the reference price.
A. The simple arithmetic average of the closing prices of common shares calculated based on one, three, or five business days before the pricing date, after deducting ex-rights and ex-dividend adjustments for stock dividends, and adding back ex-rights adjustments for capital reductions.
B. The simple arithmetic average of the closing prices of common shares for the 30 business days before the pricing date, after deducting ex-rights and ex-dividend adjustments for stock dividends, and adding back ex-rights adjustments for capital reductions.
(2) The actual issue price for this private placement is NT$40, which is 94% of the reference price of NT$42.55, not lower than 80% of the reference price resolved by the shareholders' meeting.
(3) The aforementioned basis for private placement pricing complies with the "Matters to be Noted for Publicly Issued Companies Handling Private Placement of Securities" regulations. Considering the company's future outlook and the strict restrictions on the transfer timing, objects, and quantity of privately placed securities, as well as the fact that public issuance and listing cannot be applied for within three years of delivery, leading to lower liquidity, the pricing of this private placement is deemed reasonable and will not have a significant impact on shareholders' equity.
7. Use of funds from this private placement: To replenish working capital to meet future operational needs.
8. Reasons for not adopting public offering: Considering the timeliness, convenience, issuance costs of capital raising, and the three-year transfer restriction on privately placed shares, it can better ensure and strengthen long-term cooperative relationships with strategic partners. Therefore, a private placement rather than a public offering is adopted.
9. Opinions of dissenting independent directors: None.
10. Actual pricing date: 2026/04/28
11. Reference price: NT$42.55
12. Actual private placement price, conversion or subscription price: NT$40
13. Rights and obligations of new shares from this private placement: The rights and obligations of the common shares from this private placement are generally the same as the company's already issued common shares. However, in accordance with Article 43-8 of the Securities and Exchange Act, these privately placed common shares, except under specific circumstances, may only be freely transferred after three years from the delivery date. After three years from the delivery date, an application for public issuance and listing may be made in accordance with relevant laws and regulations.
14. For those with conversion, exchange, or subscription rights, the share conversion record date: Not applicable.
15. For those with conversion, exchange, or subscription rights, the potential dilution of equity: Not applicable.
16. For those with conversion or subscription rights, the possible impact on the shareholding ratio of listed common shares after delivery of privately placed corporate bonds and assuming full conversion or subscription of common shares (number of listed common shares A, A/total issued common shares): Not applicable.
17. If the preceding estimated listed common shares are less than 60 million shares and less than 25%, please explain the countermeasures for low share liquidity: Not applicable.
18. Other matters to be specified:
(1) The payment period for this private placement will be from April 29, 2026, to May 12, 2026.
(2) The record date for this private placement of common shares for cash increase will be May 12, 2026. If there are changes due to objective environmental factors, the chairman is authorized to adjust it.
(3) If there are changes in laws and regulations, or if corrections are approved by the competent authority, or if there are any outstanding matters or changes required due to objective environmental changes regarding the issuance of new shares in this private placement, the chairman is authorized to handle all related matters based on the financial market situation and on behalf of the company.
Keywords: Material Information