Chiao Fu Announces Board Election of Chairman and Vice Chairman

1. Date of board resolution or change: 115/07/10 2. Position (Chairman or General Manager): Chairman 3. Former incumbents' names: 1. Lin Sheng-Ming 2. Chan Cheng-Kan 4. Former incumbents' resumes: 1. Chairman of Chiao Fu Machinery Industry Co., Ltd. 2. Vice Chairman of Chiao Fu Machinery Industry Co., Ltd. 5. New appointees' names: 1. Lin Sheng-Ming 2. Chan Cheng-Kan 6. New appointees' resumes: 1. Chairman of Chiao Fu Machinery Industry Co., Ltd. 2. Vice Chairman of Chiao Fu Machinery Industry Co., Ltd. 7. Nature of change (select from 'resignation', 'dismissal', 'end of term', 'duty adjustment', 'redundancy', 'retirement', 'deceased', or 'new appointment'): End of term 8. Reason for change: Re-election upon expiration of term 9. Effective date of new appointment: 115/07/10 10. Other matters to be disclosed (if the subject is a publicly issued company or above, this major information simultaneously meets the criteria under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters of significant impact on shareholders' rights or securities prices): None

Keywords: Major Information