Nanya Technology Announces Private Placement Subscription by Sandisk Technologies

Nanya Technology Corp. announced that Sandisk Technologies, Inc., a wholly-owned subsidiary of Sandisk Corp., has subscribed for 138,685,000 common shares in NTC’s private placement, at a subscription price of NT$ 223.9 per share.The proceeds will be used to invest in NTC’s factory facilities and production equipment for advanced memory manufacturing to address the surge in computational demand driven by next-generation AI.