FIT Hon Teng Limited — M&A Activity 2021

Oct 4, 2021

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 [247 x 114] intentionally omitted <==

(Incorporated in the Cayman Islands with limited liability under the name Foxconn Interconnect Technology Limited and carrying on business in Hong Kong as FIT Hon Teng Limited)

(Stock code: 6088)

COMPLETION ANNOUNCEMENT

Reference is made to the announcement of FIT Hon Teng Limited (the “ Company ”) dated May 31, 2021 in relation to the acquisition of the entire issued share capital of the Target Company, Sound Legend Limited (the “ Announcement ”). Unless otherwise defined in this announcement, terms used herein shall have the same meanings as those defined in the Announcement.

The Board would like to supplement that on September 29, 2021, the Company and Lumit Corporation Limited and Sound Discovery Limited, vendors of the Target Company’s shares, entered into a supplemental agreement to the Acquisition Agreement (the “ Supplemental Agreement ”) pursuant to which the conditions precedent in the Acquisition Agreement shall be amended as follows:

“The Completion is conditional upon, among other things, the fulfillment (as the case may be) of the following conditions:

• (i) the Investment Commission of the Ministry of Economic Affairs of Taiwan (台灣經濟部投資 審議委員會) granting approval of the Acquisition;

• (ii) the Listing Committee granting listing of and permission to deal in the Consideration Shares (and that such granting and permission are not withdrawn prior to Completion); and

• (iii) the Federal Ministry for Digital and Economic Affairs of the Republic of Austria granting approval of the Acquisition or the prohibition to implement the Acquisition has otherwise fallen away pursuant to the Austrian Investment Control Act.”

1

The Board is pleased to announce that all conditions precedent in the Acquisition Agreement (as amended by the Supplemental Agreement) have been satisfied and the Completion took place on October 4, 2021. Upon the Completion, the Target Company became a direct wholly-owned subsidiary of the Company, and the financial results of which would be consolidated into the financial statements of the Group.

By order of the Board FIT Hon Teng Limited LU Sung-Ching* Chairman of the Board

Hong Kong, October 4, 2021

As of the date of this announcement, the Board comprises Mr. LU Sung-Ching, Mr. LU Pochin Christopher and Mr. PIPKIN Chester John as executive Directors, and Mr. CURWEN Peter D, Mr. TANG Kwai Chang, Mr. CHAN Wing Yuen Hubert and Mr. TRAINOR-DEGIROLAMO Sheldon as independent non-executive Directors.

• Incorporated in the Cayman Islands with limited liability under the name Foxconn Interconnect Technology Limited and carrying on business in Hong Kong as FIT Hon Teng Limited

2