AAC Technologies Holdings Inc. — Capital/Financing Update 2017

Sep 7, 2017

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [242 x 122] intentionally omitted <==

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 02018)

ANNOUNCEMENT PURSUANT TO RULE 13.18 OF THE LISTING RULES

On 7 September 2017 (after trading hours), AAC Technologies Holdings Inc. (the “ Company ”) as guarantor and AAC Acoustic Technologies Limited and AAC Technologies Pte. Ltd., both being wholly-owned subsidiaries of the Company, as borrowers and guarantors entered into a facility agreement with a group of financial institutions as lenders (the “ Lenders ”) for a US$300,000,000 term loan facility (the “ Facility Agreement ”). Under the Facility Agreement, the final maturity date of such facility is the date falling 60 months after the date of the Facility Agreement.

Under the Facility Agreement, if Mr. Benjamin Zhengmin Pan (“ Mr. Pan ”) and persons acting in concert with him cease to have management control or cease to be the single largest shareholder of the Company, each Lender has the right, by giving notice, to cancel its commitment and to declare its participation in all outstanding loans made under the Facility Agreement to be due and payable. Mr. Pan and persons acting in concert with him are considered to have management control if one or more of them hold the position of the chief executive officer (or any equivalent position) of the Company or otherwise lead the management of the business of the Company.

As at the date of this announcement, Mr. Pan is the chief executive officer of the Company and Mr. Pan and persons acting in concert with him together are the single largest shareholder of the Company.

This announcement is pursuant to Rule 13.18 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”). The Company will comply with Rule 13.21 of the Listing Rules for so long as the above provision of the Facility Agreement continues to exist.

On behalf of the board of directors AAC Technologies Holdings Inc. Mok Joe Kuen Richard Executive Director

Hong Kong, 7 September 2017

As at the date of this announcement, the Board comprises two executive directors, namely Mr. Benjamin Zhengmin Pan and Mr. Mok Joe Kuen Richard; a non-executive director, namely Ms. Ingrid Chunyuan Wu; and four independent non-executive directors, namely Mr. Koh Boon Hwee, Mr. Poon Chung Yin Joseph, Dato’ Tan Bian Ee and Ms. Chang Carmen I-Hua.