Yulon Nissan Announces Important Contents of Company's Board of Directors Meeting

1. Date of occurrence of the event: 115/05/12 2. Company name: Yulon Nissan Motor Co., Ltd. 3. Relationship with the company (please enter 'our company' or 'subsidiary'): Our company 4. Mutual shareholding ratio: Not applicable 5. Reason for occurrence: Announcement of important contents of the company's board of directors meeting 6. Countermeasures: None 7. Other matters that need to be specified (if the subject of the event or resolution is a public offering company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a material impact on shareholders' equity or securities prices): (1) Approved the company's 115 Q1 financial statements, with key items from the consolidated statement of comprehensive income as follows: (1) Operating revenue: NT$3.159 billion (2) Operating net profit: -NT$132 million (3) Net profit before tax: -NT$335 million (4) Net profit after tax: -NT$266 million (5) Earnings per share after tax: -NT$0.89 (2) Approved the company's 114 annual earnings distribution plan (3) Approved the lifting of non-compete restrictions for the company's directors (4) Approved the addition of new proposals for the company's 115 annual general shareholders' meeting (5) Approved the lifting of non-compete restrictions for the company's managers (6) Approved the revision of certain articles of the company's "Audit Committee Organizational Regulations" (7) Approved the revision of certain articles of the company's "Corporate Governance Best Practice Principles" (8) Approved the company's 115 annual operational targets