Senao InternationalCopyright 2007 Senao Inc. All rights reserved

Company HistoryAbout SenaoMay 1979: Established in TaiwanNov 1997: Contracted representative of Chung Hwa Telecom Mobile BusinessMay 2001: IPO in Taiwan Stock Exchange (Stock code2450)Oct 2006: separation of wireless unit, which became Senao Networks, IncJan 2007: CHT completed public offer, become largest shareholder of Senao, Senao became sole distributor of CHT mobile phone business. May 2011: 223 Direct distribution Stores, number of employees: 2,270

Taiwan Communication Channel MarketOperator(ChungHwa TelecomTaiwan MobileFar EasternVibo)Operator Service CenterChannel direct storesSenao StoresAurora StoresArcoa StoresFranchis and distributorsIndependent stores3Cwhole saleOthersconsumer Close channel Open ChannelMobile phone BrandNokiaMotorolaSony EricssonSamsungLGHTCAPPLEGarmin ASUSOKWAPCHT

Channel

SenaoSynnexAuroraArcoaTecom

System Channel

Differential Service

Financial resultsSenao maintained stable returns since 2007, and ROE above 23%.Unit: NT$M

Financial results Leap in revenue and profit from 2011Unit :000Unit :NT$000

IS1Q12-3Q121Q11-3Q11Changes %Revenue26,126,77319,542,93433.7%Gross Profit3,831,8483,311,29915.7%Operating Income1,173,4551,136,8353.2%EBIT1,344,2741,247,1737.8%Net Income1,122,4421,035,8598.4%EPS4.374.077.4%