Ming Wang Technology Announces New Loan Amount Reaching Disclosure Threshold under Article 22-1(3) of the Handling Principles for Loans and Guarantees by Publicly Issued Companies

1. Date of Event: 115/06/16

2. Recipient of Funds: (1) Company Name: Kai Fu Sheng Co., Ltd. (2) Relationship with Lending Company: 100% indirectly held granddaughter company of the issuer. (3) Loan Limit (in thousand NTD): 73,188 (4) Previous Loan Balance (in thousand NTD): 10,000 (5) Amount of New Loan (in thousand NTD): 53,000 (6) Whether authorized by the Board for the Chairman to disburse in installments or on a revolving basis to the same borrower: Yes (7) Loan Balance as of the Event Date (in thousand NTD): 63,000 (8) Reason for the New Loan: Repayment of borrowings from group companies and operational working capital

3. Collateral Provided by the Borrower: (1) Description: None (2) Value (in thousand NTD): 0

4. Latest Financial Statement Information of the Borrower: (1) Capital (in thousand NTD): 23,510 (2) Accumulated Deficit (in thousand NTD): -24,005

5. Interest Calculation Method: 5%

6. Repayment Terms: (1) Conditions: Repayment from the borrower’s operating funds; to be repaid within one year from the disbursement date after contract signing. (2) Due Date: To be repaid within one year from the disbursement date after contract signing.

7. Total Loan Balance as of the Event Date (in thousand NTD): 152,100

8. Ratio of Total Loan Balance to the Net Equity of the Publicly Issued Company’s Latest Financial Statements: 20.78%

9. Source of Funds for Loans to Others: Parent Company

10. Other Matters to be Disclosed: None