Sanyo Denki Announces Shareholders' Meeting Resolution to Lift Non-Competition Restrictions for Newly Appointed Directors and Their Representatives

1. Shareholders' Meeting Resolution Date: 115/06/16 2. Names and Titles of Directors Permitted to Engage in Competitive Activities: (1) Li Wen-Feng – Corporate Director Representative of the Taipei City Sanyo Electric Social Welfare Foundation. (2) Li Wen-Lin – Corporate Director Representative of the Taipei City Chisong Social Welfare Foundation. 3. Permitted Competitive Activities: Investing in or operating companies with business scopes identical or similar to that of the company. 4. Duration of Permitted Competitive Activities: During the period of serving as directors of the company. 5. Resolution Outcome (as per Article 209 of the Company Act): Approved as proposed, with no objections raised by attending shareholders upon the chair's inquiry. 6. Director Names and Titles if the Permitted Competitive Activity Involves Mainland China-based Businesses (Enter 'Not Applicable' if not applicable): Not Applicable. 7. Company Name and Position Held in Such Mainland China-based Business: Not Applicable. 8. Address of Such Mainland China-based Business: Not Applicable. 9. Business Scope of Such Mainland China-based Business: Not Applicable. 10. Degree of Impact on the Company's Financial and Business Operations: Not Applicable. 11. If Directors Have Invested in Such Mainland China-based Business, Investment Amount and Shareholding Ratio: Not Applicable. 12. Other Matters to be Disclosed: None.