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09.10 2020

To Announce the related matters concerning the application for listing of ENNOSTAR Inc. and the delisting of the Company and Lextar, respectively.

1.Date of occurrence of the event:2020/09/10

2.Company name:Epistar Corporation

3.Relationship to the Company (please enter ”head office” or

  ”subsidiaries”):head office

4.Reciprocal shareholding ratios:N/A

5.Cause of occurrence:

 The Company's extraordinary general meeting of shareholders on

 August 7, 2020 has pass the resolution to establish ENNOSTAR Inc. through

 the statutory share exchange with Lextar Electronics Corp. (”Lextar”) to

 acquire 100% of shares of the Company and Lextar, respectively. The Company

 has applied with the Taiwan Stock Exchange for delisting the shares of

 EPISTAR and Lextar on October 20, 2020 and listing shares of ENNOSTAR Inc.

 on the same day. The Taiwan Stock Exchange has approved such application

 on September 8, 2020 (through the letter Tai-Cheng-Shang-Yi-Zi-no.

 10900153641). ENNOSTAR Inc. will be categorized to ”Optoelectronic”

 under Taiwan Stock Exchange's categories of industries of listed companies

 and the ENNOSTAR Inc.'s stock code will be ”3714”.

 This case has been approved by the Taiwan Stock Exchange and the review

 procedures of the Taiwan Fair Trading Commission have been completed.

 However, because the Company and Lextar have not yet fully obtained the

 approval, permission, or consent of the antitrust authority under

 Article 7.3 of the joint share conversion agreement, currently the shares

 conversion base date is still tentatively set as October 20, 2020.

 The Company will announce and determine the share conversion base date

 after completing the review procedures of the Chinese antitrust authority.

6.Countermeasures:None

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