An Update on the Investment of Hon Hai in Sharp

Subject: An Update on the Investment of Hon Hai in Sharp

Contents:

1. Date of occurrence of the event: 2013/03/26

2. Countermeasures:

Since signing the initial agreement with Sharp Corporation in March 2012, both Hon Hai and Sharp Corporation have continued ongoing communications regarding the investment opportunity. We can confirm that on March 24, 2013, executives from both companies were part of a 5 hour discussion that resulted in a mutual agreement to continue in the direction of a partnership.According to the agreement signed in March of last year, the ongoing discussions by both parties are subject to a three-year negotiation validity period which lasts through to March 26, 2015. When executives of both our companies met on August 3, 2012, Hon Hai reiterated our commitment to carry out a 9.9% investment through a negotiated price. Hon Hai hopes that with the support of a consortium of financial institutions, we can conclude the investment within three months of the price agreement.In keeping with the agreement signed in March 2012, with regards to the functioning of the joint operating committee and the proposal to have a consortium of financial institutions support the negotiation process, Hon Hai looks forward to joining the participation of representatives from that consortium in providing support to the management team. Hon Hai remains hopeful that, through these joint efforts, Sharp Corporation can soon return to a position of growth and success.