Mount Pleasant, WI (July 24, 2024) – We Energies, a Wisconsin-based utility company of WEC Energy Group (NYSE: WEC), and Hon Hai Technology Group ( “Foxconn”) (TWSE:2317) announced the completion of a project to install solar panels at Foxconn’s Science and Technology Park in Mount Pleasant, Wisconsin. “In partnership and collaboration with We Energies, Foxconn is pleased with the end results of this joint effort to integrate green and sustainable practices throughout our manufacturing operations to further achieve our responsibility of protecting the environment,” said Foxconn Technology Group. “As Foxconn’s operations in Wisconsin expand in response to market demand, the presence of renewable energy resources demonstrates our commitment to environmental stewardship across the manufacturing supply chain to our customers and the community.” Foxconn has invested over $1 billion in Wisconsin and today employs over 1,000 employees who manufacture data servers and motherboards for tier-1 customers. These customers look to suppliers such as Foxconn to use renewable sources of energy throughout the manufacturing process when determining additional business growth. The one-megawatt project features nearly 2,000 solar panels capable of producing enough energy to power 300 homes. The unique project design utilizes a mix of single-axis tracking and fixed-tilt panels to maximize the renewable energy production capability. “We’re pleased to bring more clean energy to Wisconsin through this partnership with Foxconn,” said Mike Hooper, president — We Energies.. “As Foxconn expands its operations, this project will deliver affordable, reliable and clean energy for years to come.” The annual energy production expected from this solar project is estimated to offset more than 1,200 metric tons of carbon dioxide (CO2) emissions, equivalent to taking 260 cars off the roads or planting 20,000 trees. During the 30-year life of the system and the agreement between We Energies and Foxconn, the benefits are expected to grow to well over 33,000 metric tons of CO2 removed, 7,200 cars off the road, or 560,000 trees planted. ABOUT WEC ENERGY GROUP WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation’s premier energy companies, serving 4.7 million customers in Wisconsin, Illinois, Michigan and Minnesota. The company’s principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. Another major subsidiary, We Power, designs, builds and owns electric generating plants. In addition, WEC Infrastructure LLC owns a growing fleet of renewable generation facilities in states ranging from South Dakota to Texas. WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has approximately 35,000 stockholders of record, 7,000 employees and more than $43 billion of assets.   ABOUT FOXCONN TECHNOLOGY GROUP Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (2317: Taiwan) is the world’s largest electronics manufacturer. Hon Hai is also the leading technological solution provider, and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. Hon Hai has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – new-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. In addition to maximizing value-creation for customers who include many of the world’s leading technology companies, Hon Hai is also dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises. www.honhai.com.

City University of Hong Kong (CityUHK) and the Hon Hai Research Institute of the Hon Hai Technology Group (Foxconn) jointly established the Foxconn-CityUHK Joint Research Centre. The aim of the centre is to combine the scientific research efforts of industry and the academic sector to advance innovative research projects in artificial intelligence, semiconductor, next-generation communications, information security and quantum computing.  The opening ceremony of the joint research centre was held on 12 June. Officiating guests included Professor Freddy Boey, President of CityUHK; Dr Lee Wei-bin, Chief Executive Officer and Director of the Information Security Research Centre of the Hong Hai Research Institute; Professor Ma Wei Ying, Huiyan Chair Professor and Chief Scientist of the Institute of AI Industry Research at Tsinghua University; Professor Kuo Tei-wei, Chief Technology Officer, Delta Electronics; Professor Lee Chun-sing, Provost and Deputy President of CityUHK; and Professor Wang Jianping, Associate Provost (Academic Affairs) of CityUHK and Director of the joint research centre, among others. Speaking at the opening ceremony, President Boey said, “We are honoured that CityUHK has been chosen as the first university partner of the Hon Hai Research Institute globally to work together to establish a joint research centre. This collaboration signifies the shared vision of CityUHK and the Hon Hai Research Institute to address the challenges of our times through innovative research. The joint research centre will serve as a collaborative platform for the elites from industry and the academic sector to nurture innovative ideas and advance the development of innovation and technology.” Dr Lee said, “The Hon Hai Research Institute will continue to work closely with CityUHK. We hope that the joint research centre will contribute to breakthroughs in the future development of innovation and technology.” CityUHK representatives and the Hon Hai Research Institute delegation visited the joint research centre after the opening ceremony to conduct further discussions on the future direction of the centre.  Officiating at the opening ceremony of the Foxconn-CityUHK Joint Research Centre are President Boey (third right), Dr Lee (third left), Professor Ma (second left), Professor Kuo (first left), Professor Lee (second right) and Professor Wang (first right). Attending the opening ceremony of the Foxconn-CityUHK Joint Research Centre are President Boey (seventh right), Dr Lee (seventh left), CityUHK representatives and the Hon Hai Research Institute delegation.