Sandisk Technologies, Inc., a wholly-owned subsidiary of Sandisk Corporation, entered into a Private Placement Subscription Agreement with Nanya Technology Corporation to purchase 138,685,000 newly issued common shares for NTD 31,051,571,500 (approximately $1.0 billion), representing approximately 3.9% of Nanya’s outstanding common stock on a fully diluted basis. Concurrently, the parties entered into a multi-year strategic supply arrangement for DRAM products to support Sandisk’s long-term sourcing strategy.