Gogoro Inc. ("Gogoro," the "Company" or "we") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems, today announced a second round of new equity investments by entities controlled by Mr. Chung-Yao Yin, a director of the Company ("Mr. Yin") and certain strategic investors (collectively, the "Investors"). The aggregate amount of the new equity investments is expected to be approximately $61.8 million.

Pursuant to separate share purchase agreements that the Company has entered into with the Investors, the Company will issue and sell an aggregate of 24,936,057 ordinary shares of the Company, par value US$0.002 per share (the "Ordinary Shares") to the Investors at a subscription price of US$2.48 per share, which was determined based on an agreed pricing mechanism and in compliance with applicable regulatory requirements. Upon completion of these new equity investments, Mr. Yin will fully discharge his obligation under the undertaking he provided to the Company’s lenders led by Mega International Commercial Bank Co., Ltd. as announced by the Company in September 2025.

The Investors include Gold Sino Asset Limited ("Gold Sino") and Peng-Lin Investment Limited ("Peng-Lin"), both of which are controlled by Mr. Yin, and Ruen Hua Dyeing & Weaving Co., Ltd. ("Ruen Hua") and Yi Tai Investment Co., Ltd. ("Yi Tai"). Upon completion of these new equity investments, Gold Sino is expected to beneficially own approximately 45.0% of the Company’s outstanding Ordinary Shares, Peng-Lin approximately 8.8%, and Ruen Hua and its affiliates approximately 21.9%.

These new equity investments are expected to further strengthen the Company’s capital base and support its continued business development and long-term growth strategy.

These new equity investments were approved by the audit committee and the board of directors of the Company. The Company will issue Ordinary Shares that are not registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), to the Investors, and will grant the Investors certain customary registration rights with respect to such shares. Closing of these new equity investments is subject to certain customary closing conditions including any required clearance with Nasdaq. The Company expects that the remittance of these new equity investments will occur on or before October 13, 2026.