• EPS NT$11.01, a 17-year high, core business profitability improving • 2025 outlook is for strong growth; 1Q25 AI server revenue to more than double • Seeing sustained demand for AI infrastructure and strong capex of major CSPs • To complete contract signing in 1-2 months for collaboration with Japan automaker---14 March 2025, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) today announced its full year and fourth quarter 2024 financial results. Full year 2024 net profit reached NT$152.7 billion, resulting in an earnings per share of NT$11.01, a 17-year high. At the same time, the Group announced that it will distribute a cash dividend of NT$5.80 per share, a record level since its listing in 1991. Despite significant changes in global tariff policies, geopolitical risks and monetary policies, the outlook for 2025 is for strong growth. The company also shared key developments around its three major smart platforms, as well as on AI and EV in 2025. For the full year 2024, revenue totaled NT$6.86 trillion, up 11.3% on-year. Gross profit reached NT$428.9 billion, up 10.6%; operating net profit, at NT$200.6 billion, was up 20.5%; while net profit rose 7.5% to NT$152.7 billion for the same time period. Gross profit margin, operating profit margin and net profit margin stood at 6.25%, 2.92% and 2.23% respectively, compared with 6.30%, 2.70% and 2.31% in the previous year. With profitability of the core business improving significantly, EPS for the year, at NT$11.01, was up by NT$0.76 on-year. In the October-December quarter, revenue reached NT$2.13 trillion, rising 15% on-year; gross profit reached NT$131 billion, up 15.7% from the same three months a year ago; operating net profit was NT$64.5 billion, showing an on-year gain of 31.8%; however net profit, at NT$46.3 billion, fell 12.8% for the same time period. Gross profit margin, operating profit margin and net profit margin were 6.15%, 3.03% and 2.17% respectively, compared to 6.12%, 2.64% and 2.87% in the same period a year ago, showing an increase in two of the three margins that indicated an improvement in profitability of the core business. EPS for the final three months of 2024 was NT$3.34, down NT$0.49 from the same period a year ago. Chairman of Hon Hai Technology Group (Foxconn), Young Liu, said fourth quarter revenue grew strongly both on-quarter and on-year. The record high NT$6.86 trillion in last year’sannual revenue, came as three of four primary product segments – cloud and networking; computing; components and others – all achieved strong growth. The actual performance exceeded expectations. Based on the Group's goal of an average payout ratio of no less than 40%, Chairman Liu announced a cash dividend of NT$5.80 per share to be distributed for this year, a significant increase from last year's NT$5.40 per share. The payout ratio reached 52.68%, a new high since the company was listed in 1991, and exceeding 50% for the sixth year in a row. Looking ahead for 2025, Chairman Liu said the full-year operating outlook will be for strong growth, and that first quarter performance will also turn in strong growth compared to the same period last year. The company is now positioned as a technology manufacturing platform service provider. The three major platforms – Smart Manufacturing, Smart EV, Smart City – are the important foundation for developing various technologies and businesses. These platforms are based on key components, modules, systems, software and other fundamental capabilities we have soundly established. In the future, Foxconn will introduce more generative AI to make them even more powerful. Foxconn will work with global Tier-1 partners to jointly develop and create generative AI solutions or develop large language models in-house to introduce into its three major intelligent platforms. By doing this, it will improve overall operational efficiency, and also enhance competitive advantage. The Group is using AI to produce AI; in Japan we have built a fully automated mobile phone assembly line. This is a good example of our move towards AI. In the face of market concerns regarding the impact of geopolitics and tariffs on the Group's operations, Chairman Liu said overall ICT industry demand is generally stable this year. In response to changes, we will maintain close contact with our customers and due to our comprehensive global layout make timely adjustments. Through vertical integration, a diversified footprint and close cooperation with customers, the Group will maintain its market leading position. Chairman Liu predicted that 2025 will be the first year of AI. Global demand is being sustained for AI computing infrastructure, and the capex of major CSPs will maintain strong growth this year. Looking at the first quarter, Foxconn’s AI server revenue is expected to grow more than 100% both quarter-on-quarter and year-to-year. As the GB200 enters mass production, we believe AI server revenue will improve quarter by quarter. Looking at the full year, AI server revenue will reach the trillion-dollar scale, in local currency terms, accounting for more than half of the Group’s total server share. Foxconn has beenan important co-development partner in new products with major customers, ensuring that we can participate in next generation upon next generation of product development. The company also believes that the technical methods used by DeepSeek will accelerate the popularization of AI servers for inference, thereby driving an increase in overall computing power demand. For large enterprises and CSPs, high-end AI servers and complete network and storage architectures are still indispensable, so demand for high- end AI servers will continue to grow. In the long run, as the development of edge AI gradually matures, there is likely to be more demand for upgrading personal devices. AI server training takes a long time. During this period, if there is a failure in the AI server, it will have a great impact on the training time or even the results. Foxconn has always been in a leading position in terms of quality stability. A 40% market share is our most conservative target. We are confident that we can continue to strive for a higher market share. Regarding collaboration with Japanese automakers, Chairman Liu said he anticipates “contract signing to be completed in one to two months’ time.” During the second half of the year, the MODEL B and the North American variant of the MODEL C are expected to enter mass production, while the manufacturing factory for the electric bus is scheduled to complete certification in the third quarter, expanding shipment capacity.

*New highs for 3Q made in revenue, gross profit, operating profit, net profit, EPS *Maintain significant growth outlook for full year 2024, but visibility is better *Shipment volume of AI servers expected to grow quarter by quarter in 2025 *2025 seen as “AI Year” for Group, AI server market can rapidly develop --- 14 November 2024, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE:2317) today announced its third quarter 2024 financial results. Revenue reached NT$1.85 trillion, and for the cumulative January-September period revenue totaled NT$4.7 trillion, both setting new highs for the same period compared to previous years. Third quarter revenue, operating profit and net profit all hit a record high for the period. Earnings per share at NT$3.55 was also a new high for the three month period of July-September. Looking forward to the fourth quarter, which has entered the traditional peak season, operations will gradually ramp up, and there is expected to be significant quarterly and annual growth. For the full-year outlook for 2024, thanks to strong demand for AI servers, the outlook for significant growth remains unchanged, but with better visibility. Looking into 2025, Foxconn Chairman Young Liu laid out five major operating pillars: namely artificial intelligence, three major platforms (Smart Manufacturing, Smart EV, Smart City) and semiconductors. He predicted that 2025 will be the “AI Year” for the Group; at the same time, he said he is optimistic about next year, in which AI will be the most important growth driver for the Group. While inflation is likely to ease, the international political and economic situation, monetary policy and the development of the AI industry will be the most important influencing factors next year. Regarding the prospects for AI server products, Chairman Liu said that Foxconn has the capabilities of system design, vertical integration, and global footprint in this field, and will continue to maintain its leading advantage. Based on current trends, the AI server market can continue to develop rapidly in the next few years. In the July-September quarter, revenue reached NT$1.85 trillion, up 20% from a year earlier. At the same time, gross profit at NT$114.7 billion rose 12% on-year, operating profit at NT$54.8 billion climbed 19% on-year, and net profit (attributable to the owners of the parent company) at NT$49.3 billion gained 14% on-year. The quarter-on-quarter gains were 20%, 15%, 23%, and 41%, respectively, compared with the second quarter. Third quarter EPS at NT$3.55, was up NT$0.44, from NT$3.11 in the same period last year, and increased by NT$1.02 when compared to the second quarter. Five metrics including revenue, gross profit, operating profit, net profit, and EPS all set new highs for the third quarter. Chief Financial Officer David Huang said that although margins in the third quarter were affected by the product mix, due to the competitive advantage of Foxconn’s operating scale, the absolute amount of gross profit, operating profit and net profit all increased compared with the same period last year. As a technology manufacturing platform service company, Foxconn will continue to maximize profits through its competitive advantages in operational scale and vertical integration. For the first nine months of 2024, revenue at NT$4.7 trillion, was up 10% from the same period a year earlier, while at the same time, gross profit reached NT$297.9 billion, rising 8%, operating profit totaled NT$136.1 billion, gaining 16%, and net profit (attributable to the owners of the parent company) was NT$106.4 billion, climbing 20%, with the absolute amounts hitting a new high for the same period compared to previous years. EPS in the first three quarters of this year reached NT$7.67, an increase of NT$1.25, from NT$6.42 in the same period last year. External interest in Foxconn’s view toward the United States in the aftermath of the presidential election has prompted media queries on the issue. Chairman Liu responded by saying that as a multinational enterprise, the Group is not concerned about the election itself, but is looking at factors such as investment policy, environment and business opportunities. Chairman Liu emphasized that Foxconn, operating in America, has seen at least 11 presidential election cycles come and go. The Group's footprint in the United States is based on its corporate mission: long-term value creation; business sustainability; constant pursuit of improvement; innovation; and global perspective. This mission has been deeply cultivated for nearly four decades. In America, nearly 50 factories have been set up, more than 5,000 people employed, and annual revenue of USD 25.6 billion generated. Such results are thanks to efforts contributed by Foxconn colleagues in America. As for Wisconsin, over the past three years, Foxconn’s investment in the state has reached USD 1 billion and the number of employees has increased by at least 42%; revenue in Wisconsin is up by 140% compared with the same period last year. From this year, Foxconn has become the largest taxpayer in Racine County. Because of Foxconn’s efforts, we have seen more companies invest locally, contributing to Wisconsin’s economy and employment. In the long run, having the advantage of Foxconn’s global footprint and new business development opportunities, the Group's factories in Wisconsin and Texas will benefit in the fields of AI and servers; the electric vehicle factory in Ohio will continue to introduce new customers. The Group also announced new investments in the United States a few months ago, so Foxconn’s outlook in America is very positive. Looking ahead to operating performance in the fourth quarter, in addition to the traditional peak season, the well-performing smart consumer electronics product segment is expected to show strong quarter-on-quarter growth; in terms of cloud and networking products, the demand for AI servers is strong. The cumulative revenue of AI servers in the first three quarters of this year grew more than 200% compared to the same period last year, and general server revenue also grew by more than 20%. Compared with the same period last year, strong growth will be seen. Regarding full year 2024, the overall outlook for significant growth is unchanged, although the visibility is better than in August. Among the main products, the growth of cloud and networking products is even stronger, while components and other products are also performing strongly. For computing products, the full-year outlook for this segment has been raised to significant growth due to the effects of new products. Foxconn leverages its competitive advantages in AI server R&D, digital manufacturing platform, vertical integration, customer relations, and global footprint. Driven by strong customer demand, revenue in AI servers has grown more than 200% in the first three quarters, and accounted for more than 40% of overall server revenue. Coupled with the growth of general-purpose servers, the cloud and networking product segment accounts for more than 30% of the Group's revenue. Alongside strong demand for AI servers, Foxconn covers almost all segments from large cloud service providers and NCPs to top tier brand customers. In 2025, shipment volume of AI servers is expected to increase quarter by quarter, accounting for more than 50% of overall server revenue, becoming the most important driver for the company's growth. With the upcoming launch of new AI products, Foxconn will fully grasp this wave of business opportunities and enter another stage of growth. We are not only AI suppliers, but also users of AI. With the significant increase in AI computing power, we have also begun to build a super computing center and will soon become a major manufacturing factory with AI super computing capabilities. As Foxconn continues to invest in GenAI on the manufacturing side, the company’s Smart Manufacturing has increased revenue per employee by more than 80%, and, including AI, robotics, and automation, is collaborating with several major international partners. Foxconn’s achievements in smart manufacturing will be more significant in the future with the support of massive AI computing power. In terms of the Smart EV platform, Foxconn showcased MODEL U, MODEL D and MODEL A at this year’s Hon Hai Tech Day (HHTD24), making its product portfolio more comprehensive and diverse. Before the end of this year, preparations for the mass production of MODEL B should be completed. As for the Smart City platform, the company is negotiating related cooperation with customers in the Americas and Japan. The CityGPT application demonstrated at HHTD24 attracted a lot of attention at home and abroad; its development will continue to deepen. Foxconn will focus on becoming a technology manufacturing platform service company based on the foundation of its longstanding manufacturing services, plus its three major platform solutions, including Smart Manufacturing, Smart EV, and Smart City. Earlier this week, SHARP Corp issued its fiscal year second quarter results, turning a profit for the first time in five quarters with the quarterly net profit reaching a high not seen in more than two years! Sakai Display Products (SDP) also made considerable progress in transforming into an AI data center. Regarding this, Chairman Liu said the financial results demonstrate that the worst is behind SHARP. Foxconn assisted SHARP in its transformation during this period; its strategy of focusing on brand and technology has gradually shown results. Looking ahead, Chairman Liu said Foxconn will continue to support SHARP in its active transformation, allowing SHARP to focus on its own brand power and technological capabilities, combined with Foxconn’s new businesses, extensive product portfolio and global reach, to accelerate the upgrade of its overall transformation.