Today's Information

Provided by: MediaTek Inc.
SEQ_NO 2 Date of announcement 2022/03/16 Time of announcement 17:26:34
Subject 
 To announce the accumulated reduction
shareholdings of major subsidiary, Airoha
Technology Corp., by more than 10%.
Date of events 2022/03/16 To which item it meets paragraph 49
Statement 
1.Name of the major subsidiary、Article 7 paragraph 3 subsidiary deemed as
the listed company, or a subsidiary of a listed company applies for listing
of securities in an overseas securities market for trading:
Airoha Technology Corp. ("Airoha")
2.Cause of occurrence of the event (reduce the percentage of shareholding,
contributions or lose control ):
Reduce the percentage of shareholding
3.Method of shareholding or contributions reduction (Please specify the
date, reason, method, reduction percentage, volume, unit price, and total
amount each time):
(1)Date: 2021/04/15
   Reason: The issuance of ordinary share for execution of Employee
   Share Purchase by the original controlling shareholder of Airoha,
   Airoha Technology (Cayman) Inc.
   Method: Issuance of ordinary share in cash
   Reduction percentage: 0.8%
   Volume: 814,217 shares
   Unit price: USD 7.19
   Total amount: USD 5,854,220.23
(2)Date: 2021/06/18
   Reason: Reorganization that Airoha issued ordinary shares to exchange
   for the shares of Airoha (Cayman) Inc.
   Method: Share exchange
   Reduction percentage: 5.4%
   Volume: 4,006,657 shares
   Unit price: N/A
   Total amount: N/A
(3)Date: 2022/01/10
   Reason: Airoha issued new ordinary shares for employees' execution
   of their stock options
   Method: Issuance of new ordinary shares for employees' execution
   of their stock options
   Reduction percentage: 1.8%
   Volume: 2,155,464 shares
   Unit price: NTD 264
   Total amount: NTD 569,042,496
(4)Date: 2022/03/16
   Reason: To facilitate Airoha's IPO in Taiwan, MediaTek Group plans
   to have share sale
   Method: Share sale
   Reduction percentage: 10.0%
   Volume: 14,551,000 shares (See other matters specified)
   Unit price: NTD 650
   Total amount: NTD 9,458,150,000
4.Method of loss of control(Please specify the date, reason, and method):
N/A
5.Equity (or capital) recipient or counterparty (please list separately for
each transaction):
(1)Employees
(2)Acme Fortune Investments Limited
(3)Employees
(4)Financial or Venture capital Institutional investors, Strategical
   investors, and recommending underwriters, etc.
6.Relationship with counterparty (Please specify the relationship with
counterparty each time):
(1)Employees
(2)None
(3)Employees
(4)None
7.Gains (or losses) on disposal (Please specify the gains (or losses) on
disposal each time.If there is no gains (or losses), please fill in "NA"):
N/A
8.Cumulative reduction of shareholding in major subsidiaries, Article 7
paragraph 3 subsidiary deemed as the listed company, or a subsidiary of a
listed company applies for listing of securities in an overseas securities
market for trading so far (including the current transaction):18.0%
9.Shareholding in major subsidiaries, Article 7 paragraph 3 subsidiary
deemed as the listed company, or a subsidiary of a listed company applies
for listing of securities in an overseas securities market for trading at
present (including the current transaction):76.2%
10.Name of independent expert and his/her opinion on reasonableness of
pricing in each transaction:
CPA Lin, Chih-Lung of Crowe (TW) CPAs. ;
The pricing in each transaction is reasonable and fair.
11.Name of independent expert and his/her opinion on the impact of reduction
of shareholding or loss of control on the rights of the listed company's
shareholders:
CPA Lin, Chih-Lung of Crowe (TW) CPAs. ;
There shall be no significant impact on shareholder's equity of MediaTek.
12.Any effect on the ongoing listing of the parent company:
No
13.Date of the audit committee resolution:
2022/03/15
14.Details of audit committee resolution:
Approved
15.Date of the board of directors resolution:
2022/03/16
16.Details of board of directors resolution:
Approved
17.Any other matters that need to be specified:
Sale of 1,501,000 common shares of Airoha to recommending securities
firms and Securities and Futures Investors Protection Center per the
listing regulations will be completed and announced after signing of
the share purchase agreement with recommending securities firms.

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Mediatek Inc. published this content on 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2022 09:37:06 UTC.