MiShi Announces Shareholders' Meeting Resolution to Lift Non-Compete Restrictions on Director

1. Shareholders' Meeting Resolution Date: 115/06/16

2. Name and Title of Director Permitted to Engage in Competitive Activities: Innobic LL Holding Company Limited. Representative: Orakul Suebsiri

3. Permitted Competitive Activities: Serving, investing in, or operating other companies with business scopes identical or similar to that of the Company

4. Duration of Permitted Competitive Activities: During the period of serving as director of the Company

5. Resolution Outcome (Voting Results as per Article 209 of the Company Act): Resolved at the shareholders' meeting held on June 16, 115, with affirmative voting rights exceeding the statutory threshold; the proposal was approved as submitted

6. Director's Name and Title if Permitted Competitive Activity Involves Business in Mainland China (Enter 'Not Applicable' if not applicable): Not Applicable

7. Company Name and Position Held in Such Mainland China Business: Not Applicable

8. Address of Such Mainland China Business: Not Applicable

9. Business Scope of Such Mainland China Business: Not Applicable

10. Impact on the Company's Financial and Business Operations: None

11. If the Director has Invested in Such Mainland China Business, Investment Amount and Shareholding Ratio: Not Applicable

12. Other Matters to be Disclosed: None