Ennoconn : Supplementary Announcement of Ennoconn subsidiary, Kontron AG BOD resolved to sale of significant parts of Kontron Group's IT services business

 Supplementary Announcement of Ennoconn subsidiary,
Kontron AG BOD resolved to sale of significant parts of
Kontron Group's IT services business

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):parts of Kontron Group's
IT services business
2.Date of occurrence of the event:2022/08/17
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:App. EUR 400 Mio.
4.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of
the Company, the name of the trading counterparty is not required to be
disclosed):VINCI Energies S.A.;None.
5.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company
and the trading counterparty, and the previous date and monetary amount of
transfer:N.A.
6.Where an owner of the underlying assets within the past five years has
been a related party of the Company, the announcement shall also include the
date and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction:N.A.
7.Projected gain (or loss) through disposal (not applicable for
acquisition of assets; those with deferral should provide a table
explaining recognition):App. EUR 192 Mio. profit.
8.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract,
and other important terms and conditions:According to the contract.
9.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the
decision on price, and the decision-making unit:
invitation to tender;BOD.
10.Name of the professional appraisal firm or company and
its appraisal price:N.A.
11.Name of the professional appraiser:N.A.
12.Practice certificate number of the professional appraiser:N.A.
13.The appraisal report has a limited price, specific price,
or special price:None.
14.An appraisal report has not yet been obtained:N.A.
15.Reason for an appraisal report not being obtained:N.A.
16.Reason for any significant discrepancy with the appraisal reports
and opinion of the CPA:N.A.
17.Name of the CPA firm:PWC
18.Name of the CPA:Gunther Reiter and Gerald Eibisberger
19.Practice certificate number of the CPA:N.A.
20.Broker and broker's fee:Houlihan Lokey;App. EUR 3.2 Mio.
21.Concrete purpose or use of the acquisition or disposal:
Deeply cultivated in the high-profit IOT business.
22.Any dissenting opinions of directors to the present transaction:
None.
23.Whether the counterparty of the current transaction is a
related party:N.A.
24.Date of the board of directors resolution:2022/08/10
25.Date of ratification by supervisors or approval by
the audit committee:NA
26.The transaction is to acquire a real property or right-of-use
asset from a related party:N.A.
27.The price assessed in accordance with the Article 16 of the
Regulations Governing the Acquisition and Disposal of Assets
by Public Companies:N.A.
28.Where the above assessed price is lower than the transaction price,
the price assessed in accordance with the Article 17 of the same
regulations:N.A.
29.Any other matters that need to be specified:
The agreement is subject to respective anti-trust approvals.
Supplementary announcement the total amount of the transaction
is App. EUR 400 Mio.