Announcement of the Board resolutions of the subsidiary Elite Electronic Material (Kunshan) Co., Ltd

1.Date of the board of directors resolution:2020/10/30
2.Source of capital increase funds:Capitalization of retained earnings
3.Number of shares issued (not including those distributed to employees if
consisting in capital increase from earnings or capital surplus) :None
4.Par value per share:None
5.Total monetary value of the issuance:USD35,000,000
6.Issue price:None
7.Number of shares subscribed for by or allocated to employees:None
8.Number of shares publicly sold:None
9.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:None
10.Handling method for fractional shares and shares unsubscripted for by
the deadline:None
11.Rights and obligations of these newly issued shares:None
12.Utilization of the funds from the capital increase:For the purpose
of Manufacturing facility relocation.
13.Any other matters that need to be specified:None