1. Date of the board of directors’ resolution: 2017/03/07

2. Purpose of the share repurchase after the change: Maintain the Company’s credit and equity of shareholders

3. Original types of shares to be repurchased: Common stocks

4. Original ceiling on total monetary amount of the share repurchase:   10,000,000 shares

5. Original scheduled period for the repurchase: 2016/11/11~2017/01/10

6. Original number of shares to be repurchased: 10,000,000 shares

7. Original repurchased price range: 9 NT dollars ~15 NT dollars

8. Original method for the repurchase: Transferring to employees

9. Original ratio of the shares to be repurchased to total issued shares of the Company: 5.08%

10. Number of the Company’s own shares held at the time of reporting: 10,000,000shares

11. Status of repurchases within three years prior to the time of reporting: N/A

12. Status of repurchases that have been reported but not yet completed: N/A

13. Minutes of the board of directors meeting that passed the resolution to change the purpose of the share repurchase:

   Case 1: Intension to change the purpose of treasury stock repurchases, please proceed to discuss.

   Explanation: 

   1. Through the seventeenth session of the forth times meeting of the board of directors’ resolution on treasury stock repurchases and stock transfer, the resolution is to repurchase 10,000,000 shares from 2016/11/11 to 2017/01/10. The actual quantity and period of repurchase is 10,000,000 shares from 2016/11/15 to 2017/01/10 and the average repurchase price is 11.74 NT dollars.

   2. After evaluation, the effectiveness of stock repurchases for transferring to employees is not significant. Therefore, intends to change the purpose of treasury stock repurchases to maintain company credit and shareholders’ equity and to execute the elimination of repurchased stock according to Regulations Governing Share Repurchase by Exchange-Listed and OTC-Listed Companies article 2.

14. The rules for transfer of shares set forth in Article 10 of the Guidelines for Repurchase of Shares by Listed and OTC Companies: N/A

15. The rules for conversion or subscription of shares set forth in Article 11 of the Guidelines for Repurchase of Shares by Listed and OTC Companies: N/A

16. Declaration that the financial state of the Company has been considered by the board of directors and that its capital maintenance will not be affected: Through 7 members, from the board of directors, agreed statements on 2016/11/10, the board of directors agreed to repurchase treasury stock with the consideration of the company’s financial situation, which would not influence the company capital.

17. Appraisal by a CPA or securities underwriter of the reasonableness of the share repurchase price: On 2016/11/10, Yuanta Securities and Futures underwriter corp. evaluated that Bright LED Electronic Corp.’s decision making process of price range for repurchase stock is legal and the price range’s set up and influence to company’s financial situation are reasonable. No significant unusual circumstances.

18. Other particular specified by the Securities and Futures Bureau: N/A