Exhibit 99.3 MAXEON SOLAR TECHNOLOGIES, LTD. SECURITIES PURCHASE AGREEMENT MAY 30, 2024 MAXEON SOLAR TECHNOLOGIES, LTD. SECURITIES PURCHASE AGREEMENT THIS SECURITIES PURCHASE AGREEMENT (the “Agreement”) is made as of May 30, 2024, by and between Maxeon Solar Technologies, Ltd., a company incorporated in Singapore with company registration number 201934268H (the “Company”), and Zhonghuan Singapore Investment and Development Pte. Ltd., a private company limited by shares incorporated under the laws of Singapo ...