On February 18, 2020, Oasis Management Company Ltd. one of the largest shareholders of Sun Corporation announced that in order to protect the Company’s future and end management’s destruction of corporate value, Oasis has called an extraordinary general Meeting in order to replace the Company’s Board of Directors. Oasis stated that it has nominated a new Board of Directors who will work together to turn around the Company’s struggling domestic business by taking advantage of the ample growth opportunities available, grow its subsidiary Cellebrite, and collaborate with all of the Company’s stakeholders to increase long-term corporate value. Oasis urged all the Company shareholders to review the full information on Oasis’s website www.abettersun.com, which outlines its view why shareholders should vote for Oasis’s proposals at the upcoming EGM. In addition, Oasis expressed that it can stop the destructive force of the current the Company management team and plant the seeds of a brighter, healthier future for the Company and all its stakeholders.