NEQ - Hwy. 289 & Elliott Rd, Knollwood, TX 75092

The Company Signed on to Build Four 300-millimeter Semiconductor Wafer Fabrication Plants, Bringing 3,000 New Jobs and Possibly Billions in Investments. The Chips Are Used in Just About Any Electronic, Meaning Sherman Could Be a Part of the Solution to the Global Chip Shortage. “this Will Be a Watershed Day in the City of Sherman Where We Began the Ti Project, Something That’s Going to Change Our Community in Numerous Ways,” Said Plyler. “we Don’t Even Know How Many Ways at This Point.” Ti Expects the Completion of the First Facility in 2025. Copyright 2022 Kxii. All Rights Reserved. June 28, 2022 Globitech, Incorporated Will Create 1,500 New Jobs as It Establishes a State-of-the-art 300-millimeter Silicon Wafer Factory as Its Current Location in

Sherman, Tx. The Company is a Subsidary of Taiwan-based Globalwafers Co., Ltd. Construction of the Globitech Facility, Which is the First of Its Kind Built in the Us. In Over 20 Years, is Expected to Begin Later This Year. Production From the First Fab is Anticipated as Early as 2025. “advanced 300 Millimeter Silicon Wafers Are Currently Manufactured in Asia, Forcing the Us. Semiconductor Industry to Rely on Imported Silicon Wafers,” Said Mark England, Globitech President. “this Exciting and Bold Investment in My Hometown of Sherman Will Represent the First New Silicon Wafer Facility in the Us. In Over Two Decades and Close a Critical Semiconductor Supply Chain Gap.” -mark England, Globitech President. “after Serious Deliberation, We Have Once Again Chosen Our Long-time Partner, the City of Sherman, Texas, Based on the Aggressive Local and State Incentives, Ample Resources and Especially the Business and Personal Relationships That We Have Developed Over 20 Years. Based on Earlier Annnouncement on Related Projects, We Are Excited About the Prospects of Developing the City of Sherman Into the Complete Semiconductor Ecosystem to Support the Growing United States Semiconductor Industry.” -doris Hsu, Chairman/ceo of Globalwafers Co., Ltd.