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Perfect's Board Announces the Formation of Special Committee to Evaluate on the Preliminary Non-Binding "Going Private" Proposal Received on March 18, 2026

  • Perfect Corp. formed a Special Committee of three independent directors (Philip Tsao, Christine Jih, & Frank Lee) to evaluate a proposal.
  • The proposal was received on March 18, 2026, from a consortium of CyberLink International Technology Corp. & CEO Alice H. Chang.
  • The consortium proposed a "going-private" transaction valued at $1.95 per ordinary share in cash.
  • The Special Committee is authorized to retain independent legal & financial advisors.
  • No final decision has been made regarding the proposal, & no definitive agreement has been executed.
  • There is no assurance that a definitive offer will be received, an agreement executed, or the transaction approved.
  • Perfect Corp. provides no obligation to update information except as required by law.
  • Perfect Corp. was founded in 2015 & offers AI & AR solutions for beauty, fashion, & creative industries.