新至陞科技股份有限公司

1. Date of resolution: 05/02/2018

2. Reasons for capital reduction: This cash capital reduction to repay capital to shareholders was planned to raise the return on equity and to improve various financial indicators by means of financial leveraging.

3. Amount of capital reduction: NT$158,606,570

4. Shares to annul: 15,860,657 shares

5. Ratio of reduction: 20%

6. Capital after reduction: NT$634,426,290

7. Scheduled date of AGM: 06/14/2018

8. Anticipated quantity of outstanding common shares in the market after issuing new shares for capital reduction: 63,442,629 shares

9. Anticipated ratio of outstanding common shares among issued shares after issuing new shares for capital reduction (number of outstanding common shares after capital reduction/issued number of common shares after capital reduction): 100%.

10. If the anticipated quantity of outstanding common shares after capital reduction in the above two items is below 60 million shares and below 25% of totally issued shares, specify the countermeasures for the low equity circulation: N/A

11.Other information to disclose: No.