To Explain the News Report

Subject:To Explain the News Report

Date of events:2016/12/20

Contents:

1.Date of occurrence of the event: 2016/12/20

2.Company name: Acer Inc.

3.Relationship to the Company (please enter "head office" or "subsidiaries"): Head office

4.Reciprocal shareholding ratios: N/A

5.Name of the reporting media: Central News Agency

6.Content of the report: Acer halts phone business in India

7.Cause of occurrence:

The Company has put its smartphone business in the Indian market on hold due to New Delhi's recent demonetization policy, however, the Company does not plan to give up and the operating activities of handset products will be continued.

8.Counter measures: None

9.Any other matters that need to be specified: None