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1. Over the period set out in Article 3, the participating states of the Chips Joint Undertaking ◄ shall make a total contribution that is commensurate to the amount of the Union contribution to operational costs referred to in Article 128. The participating states shall arrange among them their collective contributions and how they will deliver those. This shall not affect the ability of each participating state to define its national financial contribution in accordance with Article 12. By derogation from Article 28(4), point (a), the participating states shall not make a contribution to administrative costs.

2. Over the period set out in Article 3, the private members of the Chips Joint Undertaking ◄ shall make or arrange for their constituent or affiliated entities to make contributions of at least EUR 2 511 164 000 to the Chips Joint Undertaking ◄ .

3. By way of derogation from Article 28(4), the private members shall make or arrange for their constituent and affiliated entities to make a financial contribution of up to EUR 26 331 000 for administrative costs of the Chips Joint Undertaking. The share of the total contribution on an annual basis for administrative costs of the Chips Joint Undertaking by the private members shall be 30 %.

4. The contributions referred to in paragraph 1 of this Article shall consist of contributions laid down in Article 11(3). Exceptionally, by way of derogation from Article 11(3), the participating states are allowed to report financial contributions made since 8 February 2022. The underlying costs of the related activities may be considered eligible as of that date, even if they were incurred before the grant application was submitted, provided that all the following conditions are fulfilled:

(a) the activities comply with this Regulation;

(b) the activities contribute to the objective referred to in Article 126(2), point (h), and the related costs incurred consist of capital expenditure;

(c) the grant applications are evaluated and selected by the Chips Joint Undertaking in accordance with Article 12(1);

(d) the activities continue to be carried out at the moment the grant is awarded;

(e) the participating state’s contribution linked to those costs are not taken into account for the purpose of calculating the voting rights of participating states referred to in Articles 133(2), 133(3) and 136(1);

(f) the participating state’s contribution linked to those costs do not exceed 25 % of the total financial contribution by that participating state envisaged for the activities that contribute to the objective referred to in Article 126(2), point (h).

5. The contributions referred to in paragraph 2 of this Article shall consist of contributions laid down in Article 11(1), including at least 90 % of contributions laid down in Article 11(1), point (a).