Based on good faith negotiations, Sharp and Motorola Mobility LLC ("Motorola") have reached an agreement on cross patent licenses relating to wireless communication technologies of both parties.

Sharp has licensed standard essential patents for wireless communication technologies to many leading companies in the telecommunications equipment and automotive industries in Japan, the U.S.A., Europe, China, and South Korea＊. Sharp will continue to expand the number of licensees and grant its standard essential patents licenses to other parties under fair, reasonable and non-discriminatory conditions.

Sharp, as a Japan’s leading cell phone vendor, has been providing new-to-the-world mobile handsets that create people’s new life styles. In addition, Sharp has been contributing to the development of core technologies on mobile communication systems including 3G, 4G and 5G for over 20 years. Sharp’s 3G/4G/5G SEP portfolios now include more than 6,000 patents which provide value to 3G/4G/5G products. Along with continuously innovating future wireless communication technologies, Sharp will pursue its vision - “Changing The World with 8K+5G and AIoT.” Sharp is listed on Tokyo stock exchanges (TYO 6753).