AmphenolNews Release

World Headquarters
358 Hall Avenue
Wallingford, CT 06492
Telephone (203) 265-8900

AMPHENOL CORPORATION TO ACQUIREMOBILE NETWORKS BUSINESSES FROM COMMSCOPE
Transaction highlights:••••

To acquire CommScope’s Outdoor Wireless Networks and Distributed Antenna Systems
businesses for $2.1 billion in cash
Adds advanced antenna and associated interconnect products, technologies andcapabilities
Complements Amphenol’s existing product portfolio for next-generation wirelessnetworks
Expected to be accretive to Amphenol’s Diluted EPS in first full year after closingWallingford, Connecticut, July 18, 2024. Amphenol Corporation (NYSE: APH) today
announced a definitive agreement to acquire CommScope’s (NASDAQ: COMM) mobilenetworks businesses for $2.1 billion in cash, subject to customary post-closing adjustments. The
deal includes the purchase of CommScope’s Outdoor Wireless Networks (OWN) segment aswell as the Distributed Antenna Systems (DAS) business which resides in CommScope’s
Networking, Intelligent Cellular and Security Solutions (NICS) segment. These combined
businesses are currently expected to have full-year 2024 sales and EBITDA margins ofapproximately $1.2 billion and 25%, respectively. Assuming a continuation of current economicconditions, the acquisition is expected to be accretive to Amphenol’s Diluted Earnings Per Sharein the first full year after closing, excluding acquisition-related costs.
“We are excited by the prospect of adding CommScope’s mobile networks businesses and theirapproximately 4,000 talented employees to the Amphenol family,” said Amphenol President andChief Executive Officer, R. Adam Norwitt. “CommScope provides mobile networks solutions,with advanced technologies in the areas of base station antennas and related interconnectsolutions, as well as distributed antenna systems. In particular, we are encouraged that thebusinesses we are acquiring make up the former Andrew Corporation portfolio of products, acompany with a rich history of innovation and technology leadership in the wireless industry.
We look forward to supporting customers who are developing next-generation wireless networks
around the world with these advanced solutions as well as our own existing complementary
products. Finally, this acquisition further supports Amphenol’s long-term growth and balanced
end market exposure across all areas of the electronics market.”Amphenol expects to finance the acquisition through a combination of cash on hand and debt.
Subject to the receipt of customary regulatory approvals and other closing conditions, the deal is
expected to close in the first half of 2025.

Amphenol looks forward to discussing the acquisition when the Company reports second quarter
2024 earnings on July 24, 2024.
Advisors
Goldman Sachs & Co. LLC is serving as Amphenol’s financial advisor for the transaction andLatham & Watkins LLP is acting as its legal advisor.
About Amphenol
Amphenol Corporation is one of the world’s largest designers, manufacturers and marketers ofelectrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors andsensor-based products and coaxial and high-speed specialty cable. Amphenol designs,
manufactures and assembles its products at facilities in approximately 40 countries around theworld and sells its products through its own global sales force, independent representatives and a
global network of electronics distributors. Amphenol has a diversified presence as a leader inhigh-growth areas of the interconnect market including: Automotive, Broadband
Communications, Commercial Aerospace, Defense, Industrial, Information Technology and Data
Communications, Mobile Devices and Mobile Networks. For more information, visit
www.amphenol.com.
Forward-looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking
statements may contain words and terms such as: “anticipate,” “could,” “believe,” “continue,” “expect,” “estimate,”“forecast,” “ongoing,” “project,” “seek,” “predict,” “target,” “will,” “intend,” “plan,” “look ahead,” “optimistic,”“potential,” “guidance,” “may,” “should,” or “would” and other words and terms of similar meaning. Forwardlooking statements by their nature address matters that are, to different degrees, uncertain, such as statements about
expected 2024 sales and EBITDA margins, future accretion, anticipated benefits of the acquisition, financing
sources, the expected timing for closing the acquisition and other matters. These statements are only predictions,and such forward-looking statements are based on current expectations and involve inherent risks and uncertainties,
including factors that could delay, divert or change any of them, and could cause actual outcomes and results todiffer materially from current expectations. No forward-looking statement can be guaranteed. Risks anduncertainties include, but are not limited to: (i) the risk that the proposed acquisition may not be completed in atimely manner or at all, or if it is completed, that the expected benefits of the proposed acquisition may not berealized, (ii) the failure to satisfy the conditions to the consummation of the proposed acquisition, including thereceipt of certain regulatory and other approvals, (iii) the occurrence of any event, change or other circumstance that
could give rise to the termination of the purchase agreement between the parties and (iv) unanticipated difficulties orexpenditures relating to the acquisition, the response of business partners and competitors to the announcement of
the proposed acquisition, potential disruptions to current plans and operations and/or potential difficulties inemployee retention as a result of the announcement and pendency of the acquisition. The actual financial impact ofthe proposed acquisition may differ from the expected financial impact described in this press release. The foregoing
list of risk factors is not exhaustive. Forward-looking statements in this press release should be evaluated together
with the many uncertainties that affect Amphenol’s and CommScope’s respective businesses, particularly thoseidentified in the risk factor discussion in each company’s Annual Report on Form 10-K for the year ended
December 31, 2023, and its subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Amphenol undertakes no obligation to publicly update any forward-looking statement, whether as a result of newinformation, future events or otherwise. The forward-looking statements made in this communication relate only toevents as of the date on which the statements are made.

Contact:
Sherri Scribner
Vice President, Strategy and Investor Relations
203-265-8820
IR@amphenol.com