Dear Investors,

  YG Group hereby announce its consolidated revenue of NT$701 million for May 2020. This represents a decrease of 1.57% Month-over-Month (MoM) and an increase of 9.98% Year-over-Year (YoY). In terms of shipments, in May we delivered 15,268 tons, a decrease of 0.91% MoM and an increase of 13.69% YoY.

Looking forward to June, the Indian government is beginning to implement a three-stage process to open up travel restrictions and all of our customers in India have resumed operations and notified YG to make deliveries at full capacity. Considering the recent COVID-19 developments around the world, the number of Americans continuously claiming unemployment benefits has dropped for the first time since the outbreak of the COVID-19 epidemic. The national emergency situation has been lifted throughout Japan and its government have launched a new economic revitalization plan to revitalize the economy. YG continues to pay attention to customer needs and looks forward to shipments in June The amount is maintained at a normal level.

Chart 1: Revenue and shipment by quarter

Safe Harbor Notice

This presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Except as required by law, we undertake no obligation to update any forward – looking statements, whether as a result of new information, future events or otherwise.