Foxconn and Mitsubishi Electric Sign MOU to Explore Potential Automotive Component Collaboration

1. Date of occurrence of the event: 2026/04/24 2. Company name: Hon Hai Precision Industry Co., Ltd. 3. Relationship with the company (please enter 'our company' or 'subsidiary'): Our company 4. Mutual shareholding ratio: Not applicable 5. Media name: Our company's press release 6. Report content: Hon Hai Precision Industry Co., Ltd. (TWSE: 2317, referred to as "Hon Hai") and Mitsubishi Electric Corporation of Japan today (24th) signed a Memorandum of Understanding (MOU). Both parties will conduct a feasibility study for a strategic alliance for a joint operation model in the automotive equipment business. As part of the MOU, both parties will also evaluate joint operation proposals, including the transfer of 50% equity in Mitsubishi Electric Mobility Corporation to Hon Hai. Whether this case can be formally achieved still depends on commercial conditions and subsequent negotiations, and must comply with relevant regulations of the competent authority. 7. Reason for occurrence: Explanation regarding our company's press release 8. Countermeasures: None 9. Other matters that need to be specified: None