Nan Pao Announces Board Member Change at Key Subsidiary Nan Pao Materials Vietnam Co., Ltd.

1. Date of Change: 115/08/03 2. Type of Personnel Change (e.g., Legal Person Director, Legal Person Supervisor, Independent Director, Natural Person Director, or Natural Person Supervisor): Natural Person Director 3. Former Position and Name: Director / Xu Ming-Xian 4. Former Director's Background: CEO of Nan Pao Resin Chemical Factory Co., Ltd. 5. New Director's Position and Name: Director / Deng Kai-Xuan 6. New Director's Background: Assistant Financial Controller at Nan Pao Resins (Vietnam) Enterprise Ltd. 7. Nature of Change (e.g., Resignation, Removal, Term Expiration, Death, or New Appointment): New Appointment 8. Reason for Change: New Appointment 9. Number of Shares Held by New Director at Time of Election: Not Applicable 10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): Not Applicable 11. Effective Date of New Appointment: 115/08/03 12. Proportion of Concurrent-Term Directors Changed: 1/3 13. Proportion of Concurrent-Term Independent Directors Changed: Not Applicable 14. Proportion of Concurrent-Term Supervisors Changed: Not Applicable 15. Is the Change Involving One-Third or More of Directors? Yes 16. Additional Remarks (If the entity involved is a publicly issued company, this announcement qualifies as material information under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act): None Keywords: Material Information