Key supply partners gather together to pledge commitment to Net Zero ambitions towards greater value creation for the semiconductor industry

ASE Technology Holding Co., Ltd. (ASE Holdings. NYSE: ASX, TAIEX: 3711), held its annual Supplier Day today to extend the company’s appreciation of all its suppliers and to present awards to the outstanding suppliers of 2022. The event was attended by 400 representatives from 100 suppliers that serve ASE Holdings’ subsidiaries – ASE, SPIL, and USI. As the leader in semiconductor assembly, test, materials, system design and manufacturing, suppliers play a critical role in supporting ASE Holdings’ business strategy and growth.

The extreme weather wreaking havoc around the world, from devastating floods and heatwaves in Asia and Europe to the raging wildfires that destroy homes and communities in the Americas, is proof that climate change is accelerating faster than ever. There is an urgent need for the world to take more action to slow down climate change. Stepping up to the challenge, ASE Holdings has invited twenty key supply partners to make a Net Zero Pledge and demonstrate commitment to reducing 20% emissions by 2030 and achieving net zero by 2050. The pledge signals a collective move by ASE Holdings and its supply chain to work together and increase the breadth and depth of industry efforts in the race to net zero.

“Establishing long-term and stable partnerships with our suppliers is the anchor to ASE Holdings’ successive growth and continuous innovation,” said Tien Wu, COO of ASE Holdings. “In an uncertain economic climate exacerbated by market transformation, geopolitical tension, and social and climate stresses, we must stay united and forge stronger collaborations to better manage supply chain risks. As a technology leader, we are developing advanced packaging solutions for heterogeneous integration and chiplets, as well as enabling greater sustainability through smart factories and green manufacturing, social, and environmental stewardship. To accomplish these goals, it is imperative for us to build on the strengths of our supplier partnerships and continue delivering unrivalled value for the company, our customers and our stakeholders,” he continued.

“While expanding our product and service value to customers, ASE Holdings has strategically integrated the procurement function of all its subsidiaries to promote cross-domain synergy and achieve better performance,” said Andrew Tang, CPO of ASE Holdings. "Our symbiotic relationship with suppliers has allowed us to consistently meet our business goals, and at the same time, address the complexities of technological, operational, and global market demands together. Going forward, we will continue to streamline our procurement operations to provide a seamless engagement experience for our suppliers. Once again, we thank all suppliers for their invaluable support, and we look forward to taking our partnership to even greater heights,” he continued.

The ASE Supplier Day is held annually as a platform for ASE Holdings and its suppliers to network and exchange information, as well as to honor the best-in-class suppliers for the past fiscal year. These companies supply ASE Holdings with goods and services from equipment, raw materials, components, engineering, and various contract services. ASE Holdings will continue to steer the supply eco-system towards progress, resilience and co-prosperity, benefiting our environment, the economy, and the community.

Congratulations to the following award recipients* for their outstanding performance in FY2022:

Advantest Taiwan Inc

Hwa Shu Enterprise Co., Ltd.

Kulicke & Soffa Pte Ltd

Murata Manufacturing Co., Ltd.

Nan Ya PCB Co., Ltd.

Nippon Micrometal Corp

Resonac Corporation

Shenmao Technology Inc

Shinko Electric Industries Co., Ltd.

Sumitomo Bakelite Co., Ltd.

TOWA Corporation

Zhen Ding Technology Co., Ltd.

*The company names are listed in alphabetical order.

About ASE Technology Holding Co., Ltd.

ASE Technology Holding Co., Ltd. (ASEH) is among the leading providers of independent semiconductor manufacturing services in assembly, test, materials and system designs. As a global leader geared towards meeting the industry’s ever growing needs for faster, smaller and higher performance chips, ASE Technology Holding develops and offers a wide portfolio of technology and solutions including IC test program design, front-end engineering test, wafer probe, wafer bump, substrate design and supply, wafer level package, flip chip, system-in-package, final test and electronic manufacturing services. For more information about ASEH, please visit www.aseglobal.com or Twitter/LinkedIn @aseglobal

Safe Harbor Notice

This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2022 Annual Report on Form 20-F filed on April 10, 2023.

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