TPK : The Board of Directors of TPK Holding Co., Ltd. (“TPK”) resolved to approve the important personnel changes

The Board of Directors of TPK Holding Co., Ltd. ('TPK') resolved to approve the important personnel changes

2017-08-07

1.Type of personnel changed (please enter: spokesperson, acting

spokesperson, important personnel(CEO, COO, CMO,

CSO, etc.),financial officer, accounting officer, research and

development officer, or internal audit officer):

CSO,CFO,Accounting officer,Spokesperson and Acting spokesperson

2.Date of occurrence of the change:2017/08/07

3.Name, title, and resume of the replaced person:

CSO:New position, not applicable

CFO:Mr. Liu Hsi-Liang/CFO and accounting officer of TPK

Accounting officer:Mr. Liu Hsi-Liang/CFO and accounting officer of TPK

Spokesperson:Mr. Chung Yi-Hua/President & CEO of TPK

Acting spokesperson:Mr. Liu Hsi-Liang/CFO and accounting officer of TPK

4.Name, title, and resume of the replacement:

CSO:Mr. Liu Hsi-Liang, prior to the change, has ever served as

CFO and accounting officer of TPK

CFO:Mr. Chen Chung-Yi, prior to the change, has ever served as

senior director of TPK Finance and Accounting department

Accounting officer:Mr. Lin Hu-Yao, prior to the change, has ever

served as deputy director of TPK Finance and Accounting department

Spokesperson:Mr. Chiang Chao-Juei, Chairman of TPK

Acting spokesperson:

Mr. Chiang Hwai-Hai,President & CEO of TPK (effective on 2017/09/01),

prior to the change, has ever served as

Executive Vice President & CEO of Jabil Green Point,

Mr. Liu Hsi-Liang, CSO of TPK (effective on 2017/09/01),

prior to the change, has ever served as

CFO and accounting officer of TPK

5.Type of the change (please enter: 'resignation', 'position

adjustment', 'dismissal', 'retirement', 'death' or 'new

replacement' ):position adjustment

6.Reason for the change:company organization adjustment

7.Effective date:2017/09/01

8.Any other matters that need to be specified:

Taipei, Taiwan, R.O.C., August 7, 2017 - TPK Holding

Co., Ltd (TWSE: 3673) ('TPK') today announced that its

Board of Directors has approved the retirement of

current President and Chief Executive Officer (CEO)

Mr. Michael Chung and appointed Mr. HH Chiang as

President and CEO. Furthermore, the Board of Directors

appointed current Chief Financial Officer (CFO) Mr.

Freddie Liu as the Chief Strategic Officer (CSO).

Mr. Jonathan Chen, Finance Senior Director, will be

promoted to Chief Financial Officer, and Mr. Vic Lin,

Accounting Deputy Director, will take over the position

of Accounting Supervisor. The above personnel changes

will be effective on September 1, 2017.

TPK Chairman Mr. Michael Chiang said, 'Current President

and CEO Mr. Michael Chung joined TPK in 2014. Over the

past three years, under the leadership of President

Mr. Chung, the Company has succeeded in the recent

profound transformation in the touch industry. By means

of refocusing on our core strength and proactively

revamped and optimized our organization structure, the

Company has registered a significant improvement in

operation performance and resumed its profit trajectory.

Due to personal reasons, President Chung has decided

to retire from the Company. On behalf of all employees

and shareholders, I would like to express my deepest

gratitude to President Chung for his innumerable

contributions to TPK.'

'Meanwhile, we feel honored to invite Mr. HH Chiang to

join the TPK team. Mr. Chiang's performance in Green

Point is widely recognized. He possesses unique insights

into trends in the technology and manufacturing industry.

With the aid of Mr. Chiang's managerial skills and

industry expertise, the Company will march towards

the next stage of development.'

'Furthermore, the touch industry has experienced the

rapid consolidation in the past three years which

insured 'survival of the fittest'. The industry trend

of 'the big one getting bigger' and professional

specialization has taken shape. By assuming the CSO

position, Freddie Liu will give full play to his deep

industry expertise in the technology sector and proven

track records in leading value-creating mergers and

acquisitions. He will proactively participate in the

Company's strategic directions, and open up a path for

collaboration or alliances with other industry players.

Mr. Liu will still be responsible for the spokesman and

investor relations functions of TPK.'

Mr. HH Chiang previously served as Executive Vice

President in Jabil Circuit and CEO in Jabil Green Point

High Technology Company. Joining Green Point in 1997,

Mr. Chiang continued to take the helm of Green Point's

operation after Jabil acquired Green Point. Besides

leading Green Point to integrate successfully with

Jabil, he also took on several important posts in

Jabil Group. Equipped with substantive management

experience, he also nurtures remarkable insights into

the development of the technology and manufacturing

industry. Mr. HH Chiang is 55 years old and holds a

Ph.D. degree in Mechanical Engineering from Cornell University.

New CFO Jonathan Chen joined TPK in 2010 and has been

taking charge of treasury function, foreign exchange,

and risk management. Before joining in TPK, he also

served in Foxconn, Pou Chen, and Far Eastern Group with

extensive industry experience. Jonathan Chen holds a

MBA degree from Baruch College of City University of

New York.

New Accounting Supervisor Vic Lin joined TPK in 2009

and has been serving in accounting department. He had

assumed the jobs of accounting supervisor in several

public companies prior to joining TPK. Vic Lin holds

a Master degree in accounting from Soochow University.