Hwachang Shareholders Approve Waiver of Non-Compete Restriction for Director

1. Shareholders' meeting resolution date: 115/06/12 2. Name and title of director permitted to engage in competitive activities: Hsu Yi-Cheng / CEO 3. Approved competitive activities: (1) Director representative of Chungwei Energy Co., Ltd. (2) Director representative of Yihong Systems Technology Co., Ltd. (3) Chairman and CEO of Hwachang Power Technology Co., Ltd. 4. Duration of permitted competitive activities: During tenure as director of the company. 5. Resolution outcome (voting results per Article 209 of the Companies Act): Approved by vote In favor: 254,831,972 rights (95.55% of total voting rights present) Against: 189,728 rights Abstentions/Non-votes: 11,669,109 rights 6. Director's name and title if the permitted competitive activity involves businesses in Mainland China (enter 'Not applicable' if not applicable): Not applicable. 7. Company name and position held in such Mainland China business: Not applicable. 8. Address of such Mainland China business: Not applicable. 9. Business scope of such Mainland China business: Not applicable. 10. Degree of impact on the company's financial and business operations: Not applicable. 11. If the director has invested in such Mainland China business, the investment amount and shareholding ratio: Not applicable. 12. Other matters to be disclosed: None.