URE — Investor Presentation 2013

Jun 24, 2013

Neo Solar Power Corporation

June 20, 2014

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NSP at A Glance
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 Founded: December, 2005

 Products: Crystalline-silicon cells and modules

• Capacity: 2.0 GWp

 Employee: ca. 2,400

• Headquarters: Hsinchu, Taiwan

• Listed in Taiwan Stock Exchange

(January, 2009)

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Milestones
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• 2005.12: NSP is founded

• 2006.12: Breakeven achieved as 100% utilization kicks in

• 2006.08: Headquarters and Fab2 begin operations

• 2009.01: Listed on the Taiwan Stock Exchange

• 2009.09: Ranked No. 6 in Deloitte Technology Fast 500 APAC Ranking

• 2010.10: Launched “Super 17” (multi) & “Perfect 18” (mono) cells

• 2011.04: Achieved complete carbon footprint verification

• 2011.09: Launched high-efficiency mono cell “Black 19” at EUPVSEC

• 2012.09: Rolled out new high-efficiency “Super 18” and “Black 19+”

• 2013.05: Merger with DelSolar completed, becoming the world’s 2[nd] largest solar cell manufacturer

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Core Competences
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• Leading Quality

• The pioneer of combining semiconductor manufacturing discipline into our Taiwan-engineered quality solar solutions

• World-Class Technology

 Inter-disciplinary experts in semiconductors, electronic systems, silicon raw materials, solar cell processing and solar energy system engineering

• State-of-the-art facility, equipment and knowledge

• Prime Customer Services

• To enhance customer satisfaction and service efficiency

• To promote business relationship to partnership

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Leadership
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Dr. Quincy Lin Chairman & CSO

• 30+ years of experience in high tech management

• Senior Vice President of Taiwan Semiconductor Manufacturing Company (“TSMC”)

 Honorary Chair in Management at National Chiao-Tung University

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Dr. Sam Hong CEO

• 30+ years of experience in PV solar energy

• Research Division Director of PV Solar Energy Division at the Industrial Technology Research Institute (“ITRI”); VP & Plant Director of Sinonar Solar Cell

• Chairman of Taiwan Photovoltaic Industry Association (“TPVIA”)

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Mr. Andy Shen President

• 25+ years of experience in semiconductor engineering, sales, and marketing

• Senior Director, TSMC; Managing Director, TSMC-Europe

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Strong Growth Momentum
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Revenue Growth
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• 2012 revenue declined despite 15.4% shipment growth due to ASP erosion

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Worldwide Production & Service
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FAB 6 Cell: 440MWp Module: 110MWp Additional Post- Merger

NSP Current Capacity

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FAB 2 & HQ Hsinchu Science Park Cell: 800MWp FAB 5 Cell: 250MWp Module: 70MWp

FAB 3 Tainan Tech. Industrial Park Cell: 500MWp

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June 24, 2013

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Strong R&D Capability
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• World leader in efficiency and yield

• Advanced characterization based on years of experience in semiconductor device physics for optimized performance

• Excellent manufacturability and reliability to shorten time to market

• Customer oriented technology road map to support advanced products and partnership

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Premium Quality Products
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 Very low appearance defects
High Quality
 Excellent color uniformity
Cell Products
 Low cell breakage rate
 Positive-only tolerance power rating
Low Cell-To-Module
 Special binning method to reduce module power loss due to cell mis-match
Power Loss
 Meet stringent industry power loss requirement
Excellent Long-term  Extended cell reliability tests far exceed standard specification (3X)
Cell Performance  Micro-crack and hot spot monitor via EL/IR test
Good Performance
 Minimal cell efficiency degradation with temperature
at High Temp
 Superior weak-light performance for more annual yield
and weak Light
Minimized PID  Stringent PID resistance test with very low power loss
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Manufacturing Excellence
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• Years of experience in PV device development and semiconductor manufacturing

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• High productivity

• High yield

 Unparalleled cosmetic appearance and color uniformity  Demand-oriented manufacturing

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Environment, Safety & Health
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 Excellent safety record

 ISO 9001, 14001, OHSAS 18001

certified by TUV

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• All products RoHS compliant

• Greenhouse gas emissions verification

• Product carbon footprint

verification certified by SGS

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Enhanced Competitive Edge
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 Stronger bargaining power upstream + Expanded reach in the downstream PV segment.

 Key Driver: Rising module outsourcing by global brand giants; Our module capacity will increase.

PolyWafer Solar Cells Module Inverter System silicon

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~ 2GW 240MW

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• NSP will go beyond global standards for module quality for our expanded module capacity.

• ’

• Dynamic synergies with Delta s inverter and systems capabilities are palpable.

• NSP envisions to become a one-stop solution provider for our long-term global partners.

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Differentiation Strategy
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Post-Merger NSP shall differentiate from peers:

• Unique Business Model: Hybrid Cell + Module solution mix.

• Diversified Production: Taiwan + Mainland China fabs.

• Robust Financial Backbone: Essential for downstream PV.

• Innovative R&D: Leading efficiency and trend-setting products.

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< 14 > NSP Proprietary June 24, 2013

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Thank You
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Neo Solar Power Corp. Tel: +886.3.5780011 Fax: +886.3.5781255 www.nsp.com

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< 15 > NSP Proprietary June 24, 2013