AAC Technologies Holdings Inc. — M&A Activity 2025

Jul 31, 2025

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.

瑞聲科技控股有限公司

AAC Technologies Holdings Inc.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code : 2018)

SECOND TRANCHE COMPLETION OF ACQUISITION OF ACOUSTICS SOLUTIONS INTERNATIONAL B.V.

Reference is made to the announcement of AAC Technologies Holdings Inc. (the "Company") dated 10 August 2023 in relation to the proposed acquisition of Acoustics Solutions International B.V., the circular of the Company dated 18 January 2024 (the "Circular"), the announcement of the poll results of the EGM of the Company and satisfaction of Conditions dated 6 February 2024, and the announcement of the Company of the First Tranche Completion dated 9 February 2024. Unless otherwise specified, capitalised terms used herein shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that the Second Tranche Completion of the Proposed Transaction took place on 31 July 2025 in accordance with the terms of the Sale and Purchase Agreement. The Second Tranche Purchase Price was determined in accordance with the Shareholders' Agreement and the total purchase price for the Second Tranche Shares was US$128.6 million together with interest thereon. Immediately upon the Second Tranche Completion, the Target became an indirect wholly-owned subsidiary of the Company.

By order of the Board

AAC Technologies Holdings Inc.

Zhang Hongjiang

Chairman

Hong Kong, 31 July 2025

As at the date of this announcement, the Board comprises Mr. Pan Benjamin Zhengmin, Mr. Mok Joe Kuen Richard and Ms. Wu Ingrid Chun Yuan, together with three Independent Non-executive Directors, namely Mr. Zhang Hongjiang, Mr. Kwok Lam Kwong Larry and Mr. Peng Zhiyuan.