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Amkor Technology Issues Statement Regarding City of Peoria Land Acquisition

1. Amkor plans a large semiconductor facility in Peoria, Arizona. 2. The facility will be pivotal for the U.S. semiconductor supply chain. 3. Construction will commence pending Peoria City Council's approval. 4. Amkor's investment highlights its role in high-tech industries' future.

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FAQ

Why Bullish?

The establishment of a major facility signals growth potential for AMKR, reminiscent of past expansions that positively affected stock performance.

How important is it?

The announcement of the facility represents a significant strategic move for AMKR, likely to enhance production capabilities and market share.

Why Long Term?

The facility's long-term impact on supply chain resilience and capacity will strengthen AMKR's market position, reflecting trends from previous infrastructure investments.

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Amkor Technology, Inc. (NASDAQ:AMKR), a leading provider of semiconductor packaging and test services, today announced the City of Peoria, Arizona successfully bid as part of a State Land Auction to acquire 834.5 acres for future development. The land, which is part of the Peoria Innovation Core, northwest of the corner of Loop 303 and Lake Pleasant Parkway, includes a 104-acre parcel tentatively designated for Amkor Technology's construction of an advanced semiconductor packaging and test facility. On Thursday, Peoria City Council will formally consider land-exchange and other agreements to facilitate Amkor's development, initially planned for Five North at Vistancia.

"Amkor fully supports the City of Peoria in its successful acquisition of this State Land property," said Giel Rutten, Amkor's president and chief executive officer. "Pending City Council's approval, we look forward to immediately beginning construction of what will be the largest outsourced semiconductor packaging and test facility in the U.S. Amkor's multi-phase investment in facilities and equipment will play an integral role in securing the semiconductor supply chain essential for critical industries including high-performance computing, communications, and automotive."

About Amkor Technology, Inc.

Amkor Technology, Inc. (NASDAQ:AMKR) is the world's largest U.S. headquartered OSAT and is a global leader in outsourced semiconductor packaging and test services. With a strong track record of innovation, a broad and diverse geographic footprint and solid partnerships with lead customers, Amkor delivers high-quality solutions that enable the world's leading semiconductor and electronics companies to bring advanced technologies to market. The company's comprehensive portfolio includes advanced packaging, wafer-level processing, and system-in-package solutions targeting applications for smartphones, data centers, artificial intelligence, automobiles and wearables. For more information visit amkor.com.

Investor Relations

Jennifer Jue

Vice President, Investor Relations and Finance

480-786-7594

jennifer.jue@amkor.com

Media Relations

Christina Parsons

Director, Marketing Communications

480-786-7823

christina.parsons@amkor.com

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