BizLink Holding Inc. Completes Share Transfer to Acquire LEONI's Industrial Solutions Business Group

 BizLink Holding Inc. Completes Share Transfer to
Acquire LEONI's Industrial Solutions Business Group

1.Date of occurrence of the event:2022/01/20
2.Company name:BizLink Holding Inc.
3.Relationship to the Company (please enter ��head office�� or
  ��subsidiaries��):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:
 BizLink Holding Inc. Completes Share Transfer to Acquire LEONI��s
 Industrial Solutions Business Group

 BizLink has completed the share transfer to acquire the LEONI Industrial
 Solutions business group from LEONI AG for an enterprise value of
 ��451 million. INBGs�� financials will be consolidated into BizLink��s
 from January 21, 2022.

 INBG��s FY20 audited sales was ��431.6 million, gross profit was
 ��107.3 million, and operating profit was ��29.1 million. INBG��s
 FY21 unaudited sales is estimated to rise to over ��500 million.
 INBG has over 3,000 employees and 15 production sites.

 INBG is a technical standard-setter and is a market leader across
 a number of end-markets. This deal will accelerate our long-term
 product segment and footprint diversification plans as well as greatly
 raise our exposure to high-end applications.

 BizLink expects to see sales, cost, and supply-chain related synergies
 as integration efforts progress:

�ESales: up-sale and cross-sale opportunities spanning two unique
         global-brand tier-one customer bases and gradually further
         build out INBG��s market presence to solidify our joint position
         among our secular growth drivers;
�ECosts: raise our total purchasing power, combine together various
         functions and efforts as one, rationalize our physical footprint,
         and openly share our experiences and best practices to learn from
         each other and to grow together; and
�ESupply-Chain: utilize our execution expertise with INBG, strengthen
         business continuity across customer bases, achieve greater and
         more robust economies of scale, and provide more flexibility while
         reducing response time worldwide.


 The six business units of INBG comprise of the following advanced and
 promising areas:

 Silicone (19% of FY20 sales), Tailor-Made Product (19% of FY20 sales);
 Telecommunication Solutions (10% of FY20 sales);
 Healthcare (19% of FY20 sales); obotic Solutions (14% of FY20 sales);
 and Automation & Drives (19% of FY20 sales)

 INBG��s operation is strong and profitability is stable, and there are
 currently no plans to reorganize immediately after completing the
 acquisition. BizLink  intends to continue to develop INBG��s businesses
 , improve the scale of their products, and to integrate our combined
 internal and external resources to achieve our growth goals together
 and to boost long-term stakeholder value.

6.Countermeasures:N/A
7.Any other matters that need to be specified:None