To Announce the issuance of new shares of AEH

Subject: Public announcement for ACER EUROPEAN HOLDINGS LIMITED Re: issuance of new shares through capitalization of earnings resolved by its board meeting

To which item it meets--article 4 paragraph xx: 11

Date of events: 2016/07/20

Contents:

1. Date of the board of directors resolution: 2016/07/20

2. Source of capital increase funds: the unappropriated retained earnings accumulated over the past years

3. Number of shares issued: 139,999 shares

4. Par value per share: USD1

5. Total monetary amount of the issue: USD139,999

6. Issue price: Not applicable

7. Number of shares subscribed by or allotted to employees: Not applicable

8. Number of shares publicly sold: Not applicable

9. Ratio of shares subscribed by or allotted as stock dividends to existing

shareholders: 13.999 new shares to be distributed per each existing share

 without consideration

10. Method of handling fractional shares and shares unsubscribed by the

deadline: Not applicable

11. Rights and obligations of the newly issued shares: each to rank pari passu

in all respects with the existing shares

12. Utilization of the funds from the capital increase: Not applicable

13. Any other matters that need to be specified:

The capitalization of earnings is processed for the purpose of meeting the

minimum registered capital requirements under Swiss laws