Technoprobe — Regulatory Filings 2025

Jan 7, 2025

Informazione Regolamentata n. 20250-4-2025	Data/Ora Inizio Diffusione 7 Gennaio 2025 15:06:24		Euronext Milan
Societa'	:	TECHNOPROBE
Identificativo Informazione Regolamentata	:	200089
Utenza - Referente	:	TECHNOPROBEN04 - Di Terlizzi
Tipologia	:	2.2
Data/Ora Ricezione	:	7 Gennaio 2025 15:06:24
Data/Ora Inizio Diffusione	:	7 Gennaio 2025 15:06:24
Oggetto	:	PRESS RELEASE - Jan.7, 2025
Testo del comunicato

Vedi allegato

Technoprobe S.p.A. Via Cavalieri di Vittorio Veneto, 2 23870, Cernusco Lombardone (LC) - Italy www.technoprobe.com

PRESS RELEASE

• Received communication from the controlling shareholder, T-PLUS S.p.A., announcing the signing of a binding agreement for the transfer to Advantest Europe GmbH, a company wholly owned by Advantest Corporation, of shares in Technoprobe S.p.A. representing 2.5% of its share capital, resulting in the termination of the lock-up commitments provided for in the existing shareholders' agreements with Teradyne International Holdings B.V.
• Technoprobe S.p.A. announce the signing of agreements to form a strategic partnership to develop and supply PCBs (Printed Circuit Boards)

Cernusco Lombardone (LC) – January 7, 2025 – Technoprobe S.p.A. (FTSE Italy Mid Cap: TPRO), a leading company in the design and production of Probe Cards ("Technoprobe" or the "Company"), announced today that it has received communication from T-PLUS S.p.A. ("T-PLUS"), the shareholder that legally controls the Company. The communication, addressed to the Company and to Teradyne International Holdings B.V. ("Teradyne International") and made pursuant to the shareholders' agreementssigned on November 7, 2023 (the "Agreements"), disclosed the binding agreement for the transfer of Technoprobe shares, representing 2.5% of its share capital, to Advantest Europe GmbH, a company wholly owned by Advantest Corporation (Tokyo Stock Exchange, Prime Market: Advantest Corp. 6857), a leading company in the design and production of Automatic Test Equipment (ATE). The transfer will be carried out through an off-market transaction. This communication is significant as it leads, pursuant to Article 4.3(iii), Annex A of the Agreements, to the termination of the lock-up commitments related to the stake in Technoprobe's capital purchased by Teradyne International under the Agreements.

Following the sale of the 2.5% of Technoprobe shares, T-PLUS will hold a 57.96% stake in the Company's share capital and 70.47% of the voting rights.

Also today, Technoprobe announced that it has recently signed multiple agreements with Advantest Corporation to form a commercial and strategic partnership for the development and supply of PCBs (Printed Circuit Boards).

Stefano Felici, CEO of Technoprobe S.p.A., said: "Last year we started to enlarge our competences in Device Interface Boards and today we confirm the relevance of this strategic pillar. The leading position gained by Technoprobe in the non-memory high-end and Artificial Intelligence segments, has allowed the Company to strengthen its commercial relationship with Advantest Corporation, the leader in ATE platforms in the same market segment. As result of the agreement with Advantest Corporation and in order to optimize the cost structure of the Group, the US manufacturing activities related to Harbor Electronics will cease operation by the end of the first quarter of 2025".

Technoprobe S.p.A. - VAT No. and Tax Code 02272540135 - Share Capital € 6,532,608.70 - Economic and Administrative Index no. 283619 All rights reserved. The COPYRIGHT of this document is property of TECHNOPROBE S.p.A. No part of this document may be copied, reprinted or reproduced in any material form, whether wholly or in part, without a written consent. The contents or methods or techniques contained herein are CONFIDENTIAL, therefore must not be disclosed to any other person or company or entity.

Technoprobe S.p.A. Via Cavalieri di Vittorio Veneto, 2 23870, Cernusco Lombardone (LC) - Italy www.technoprobe.com

The agreements provide that companies of Technoprobe Group will rely on companies of Advantest Group as priority suppliers for the purchase of probe card PCBs, test board PCBs, and other PCB solutions that may be jointly defined by the parties. The initial term of the agreement is three years, with automatic annual renewals thereafter.

Simultaneously, Technoprobe confirms the discontinuation of PCB production activities at the Santa Clara manufacturing facility (CA) of its U.S. subsidiary, Harbor Electronics, Inc., while retaining the know-how related to specific assembly processes for its probe cards at Fremont plant (CA).

The leadership position of Technoprobe and Advantest Corporation in the development, production, and marketing of products for high-end AI chip testing represents the cornerstone of this partnership. The goal is to maintain their established market position through the synergies generated by sharing their technological roadmap.

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This press release will be available on Technoprobe's website https://www.technoprobe.com, in the Investor Relations section and on and on the authorized storage system named eMarket Storage" ().

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Contacts

Technoprobe S.p.A. Technoprobe S.p.A. Ines Di Terlizzi Paolo Cavallotti

Investor Relator Communication & Marketing Manager Email: ir@technoprobe.com Email: paolo.cavallotti@technoprobe.com

Technoprobe Group

Technophobe is a leading company in the field of semiconductors and microelectronics. Established in 1996, Technoprobe is focused in the design and manufacture of Probe Cards, i.e. electro-mechanical interfaces used for the functional testing of chips. Probe cards are hi-tech devices that are custommade for each chip and allow the function of chips to be tested during the manufacturing process. These technologically-advanced designs and solutions are essential for ensuring the proper functioning and reliability of devices that play a crucial role in industries such as Information Technology, 5G, Internet of Things, home automation, automotive, aerospace, etc. Technoprobe headquarters are in Cernusco Lombardone (LC). Since May 2nd, 2023 shares have been transferred to Euronext Milano segment. For more information, visit the website: www.technoprobe.com.

Technoprobe S.p.A. - VAT No. and Tax Code 02272540135 - Share Capital € 6,532,608.70 - Economic and Administrative Index no. 283619 All rights reserved. The COPYRIGHT of this document is property of TECHNOPROBE S.p.A. No part of this document may be copied, reprinted or reproduced in any material form, whether wholly or in part, without a written consent. The contents or methods or techniques contained herein are CONFIDENTIAL, therefore must not be disclosed to any other person or company or entity.

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