新至陞科技股份有限公司

1. Date of event occurrence: 05/02/2018

2. Name of company: Nishoku Technology Inc.

3. Relationship with the company (enter this company or subsidiary): This company

4. Ratio of mutual stakes: N/A

5. Reasons for occurrence: The press conference held to disclose material information: Cash capital reduction

6. Countermeasure: N/A

7. Other information to disclose: Contents of press release:

At 5.00 pm on May 2, 2018 at the Taiwan Stock Exchange, we held a press conference to disclose material information regarding the board resolution on cash capital reduction made on May 2, 2018.

1. The proposal to repay capital to shareholders though cash capital reduction was made to raise the return on equity and adjust the capital structure.

2. The present capital cash reduction project to annul 15,860,657 shares with NT$158,606,570 has been calculated based on the total of 79,303,286 shares currently issued by the company. The planned rate of cash capital reduction is 20% and shareholders will be repaid in cash at about NT$2/share. After cash capital reduction, the anticipated paid-in capital will be NT$634,426,290 and a total of 63,442,629 shares will be issued, each at NT$10. The paid-in capital and actual reduction rate after capital reduction will be calculated based on the totally issued number of shares on the base date of stock exchange for capital reduction.

3. Share annulment: Based on the number totally issued shares above, a total of 200 shares will be reduced from every 1,000 shares (e.g. every 1,000 shares will be exchanged with 800 new shares), and a total of 15,860,657 shares will be annulled. Holders of odd lots less than one share may apply for registration of odd lot integration to the stock transfer agent within five (5) days after the date of suspension of stock transfer. Unintegrated odd lots or odd lots still less than one share after integration will be calculated as one share and paid at NT$10 per share, and the amount will be rounded off to NT$1. Holders of odd lots of less than one share shall authorize the chairman to subscribe to them at NT$10 per share.

4. After the present capital reduction, new stocks will be issued by registration of non-physical [book-entry] securities.

5. After AGM resolution and the approval of competent authorities, the AGM authorizes the board of directors to set the base date of capital reduction and the base date of stock exchange for capital reduction.

6. Should the proposal be corrected as a result of legal amendments, amendments to the approval by competent authorities, or changes in the macro environment, the AGM should authorize the board of directors to handle the situation.