URE — Investor Presentation 2017

Jun 14, 2017

Neo Solar Power Corporation

June, 2017

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NSP at A Glance
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• Founded: December, 2005

 Products: Cells, Modules and Systems

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• 2016 Year-End Capacity:

• Cell: > 2.20 GW

• Module: > 670 MW

• System: > 700 MW approved pipeline

• Employees: 2,500

• Headquarter: Hsinchu, Taiwan

• Listed in Taiwan Stock Exchange in 2009

• Market Cap US$486 Million at the end of 2016

• The world’s leading merchant solar cell company

• < 2 > NSP Proprietary The biggest module provider in Taiwan June 8, 2017

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Milestone
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The Executives
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Dr. Quincy Lin Honorary 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 Chairman & 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, 2011 - 2015)

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Mr. Andy Shen President

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

• Senior Director, TSMC

• Managing Director, TSMC-Europe

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NSP is Your Best Partner
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 NSP is specialist in

• Solar Cells

• Solar Modules

• Solar System

• NSP is world’s top merchant solar cell manufacturer with excellent track record in quality

• NSP is your best solar solutions with leading performance and recognized reliability

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< 5 > NSP Proprietary June 8, 2017

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A Pioneer in PV industry
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 With innovative and energetic, NSP accomplished and still keep processing in PV industry

• First in doing acquisition

• First in building solar systems globally

• First in doing YieldCo

• First in commercial shipment of bifacial solar products

• First in making lead free modules

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NSP Projects around the world
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 NSP Accumulated Solar Project around World: > 150 MW

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Europe
Asia Americas
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NSP System introduction
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• NSP develops, finances and operates solar projects

• Our projects sell electricity to commercial, government and utility customers in key developed and emerging markets

• We are public listed company in Taiwan with strong finance

• Excellent link to key international financing institutes

• We also partner with local project developers or EPC to bring total solution to off-takers.

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< 8 > NSP Proprietary June 8, 2017

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NSP Module- Glory BiFi
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Prolonged Reliability

• Snail Trail Resistance

IEC/UL 1500 VDC system 1500V

• Higher Fire Resistance

 PID PID Free Free

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No Grounding

30 years Power Output Warranty

Environment Friendly

Glory BiFi module is cost-effective and have better performance.

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< 9 > NSP Proprietary June 8, 2017

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More Power from the Rear Side
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370
Regular
350 348
Ground
332
330
316
310
301
290 285
270
White
White sand Snow
Soil
Grass
Ground
250
0% 10% 20% 30% 40%
Albedo
Power (W)
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 Power could gain 10%~40% more from rear side by sunlight reflected from various environments.

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NSP System in UK
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Upper Meadowley

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Eaglescliffe

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Bryncrynau

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WR11

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Potters Bar

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Manchester

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NSP System in JP
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Fukushima, Japan, 14 MW

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NSP System in Dubai
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DP World, Dubai, 28 MW

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NSP Module in US
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Ukiah, CA Escondido, CA 1.1MW 1.0MW Projects Car park

Projects

Lynn, MA 2.0MW

GE Aviation facility

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Largest Airport PV System in World
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 USA Indianapolis Airport

• 25 MW PV System

• Solar cell by NSP

 With 76,228 Solar Modules and nearly 162 acres of land

• On-grid ceremony Oct. 18, 2013

• PPA with Indianapolis Power and Light Company (IPL)

• Annual CO2 reduction: 8,529 MT

• Annual Power Generation: 30M KWh

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Largest PV System in Caribbean
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 Monte Plata Solar Project at Dominican Republic

• 67 MW PV System

 Solar cell by NSP

• With 270,000 Solar Modules

• Annual CO reduction: 2

• 70,000 MT

 Annual Power Generation: 51M KWh

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Largest BIPV in Taiwan
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• Taiwan National Stadium, 1MW PV System, EPC by Delta, Solar cell by NSP

• Architect: Toyo Ito

• The largest building-integrated PV system in Taiwan

• Annual CO reduction: 660 MT 2

• Annual Power Generation: 1.1 M KWh

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NSP Module & System in Taiwan
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Tainan, South of Taiwan Solar System 0.5MW Anti-Salt Solar module by NSP

Hsinchu, North of Taiwan Solar System 0.9MW Solar module by NSP

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NSP Module in EU
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Mönchberg, Austria Solar Systems 1.4 MW Solar module by NSP

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Großheirath, Germany Solar Systems 1.2 MW Solar module by NSP

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Corporate Social Responsibility
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• Environmental Sustainability

• Voluntary Commitment: A Member of PV Cycle

  • Recycling end-of-life solar modules through PV cycle

  • Minimizing environmental impact of end-of-life products

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• Carbon Footprint Verification

• Received the Reasonable Level of Assurance (the highest level for this certification)

 Waste Recycling

• Management initiated waste reduction and recycling

• Environmental Management System

• Assuring that environmental impact is being measured and improved

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Corporate Social Responsibility
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 Employee Well-being

• Safety and Health

• Adapting occupational health and safety management systems

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• Training for laboratory work safety improvements

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 Training and Development

• Set up internal training programs and provide information on external training courses

• Established E-learning platform and has been encouraging and promoting training courses

TOSHMS

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 Workplace Wellness

• Practices of work-life balance

• Elimination of discrimination

• Promotion of physical and mental health

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Corporate Social Responsibility
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 Social Contribution

 Volunteer Programs

• Environmental Care Volunteers:

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Educating the public with knowledge on green energy, energy saving and environmental protection

• Social Care Volunteers: Caring for community, society and the environment

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NSP is Your Best Solar Partner
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World’s top merchant Solar Cell manufacturer with proven track record in quality Industry leading performance and reliability for our Solar Modules

Strong R&D commitment and technology leadership

Cost effective structure

Global footprint of high Experienced and wellyield Solar recognized management team with strong industry Systems background

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< 23 > NSP Proprietary June 8, 2017

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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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< 24 > NSP Proprietary June 8, 2017