LEATEC Fine Ceramics Co., Ltd.

Announcement of LEATEC Fine Ceramics Co., Ltd. Independent Director Candidate Nomination Acceptance

Company Code: 6127　Company Name: LEATEC

Date of Announcement: 2015/01/13

Relevant announcement for adoption of candidate nomination system for election of directors - Nomination acceptance
Subject	LEATEC Fine Ceramics Co., Ltd. Announcement of Independent Director Candidate Nomination Acceptance
Basis	In accordance with Article 192-1 of the Company Act and resolution of the Board of Directors’ meeting of the Company on January 1, 2015.
Shareholders’ Meeting Convention Date	Extraordinary Meeting February 26, 2015
Shareholders’ Qualification for Submitting Nomination	Shareholders holding 1 percent or more of the total number of issued shares may submit to the Company an independent candidate roster in writing.
Number of independent directors to be elected	2 independent directors. When the number of candidates nominated by the shareholders exceeds the number of independent directors to be elected or the independent director candidate nominated fails to comply with the statutory qualification, such nominated candidates will not be listed in the candidate roster.
Period for nomination acceptance	January 16, 2015 to January 28, 2015
Place for nomination acceptance	No. 160, Sec. 1, Pingdong Rd., Pingzhen Dist., Taoyuan City Recipient: Yung-Tsang Chen, Spokesman
Required document submission	Shareholders for nomination shall submit the name, educational background, working experience of the nominee, post-election director undertaking, declaration for compliance without conditions prescribed in Article 30 of the Company Act and other relevant certificate documents.
Others	The person having the right to convene the present extraordinary shareholder's meeting shall exclude candidates meeting any one of the following conditions from the independent director candidate roster: (1) Where the roster of director candidates is submitted by the nominating shareholder beyond the deadline fixed for accepting such candidates roster. (2) Where the number of shares of the company being held by the nominating shareholder is less than 1% of the total number of outstanding shares of the company at the time when the share transfer registration is suspended by the company in accordance with the provisions set out in Article 165 of this Act. (3) Where the number of independent director candidates nominated exceeds the quota of the independent directors to be elected. (4) Where relevant certificate documents specified in Paragraph 4 of Article 192-1 of the Company Act are not submitted. In addition, the acceptance time is 9:00AM to 5:00PM, and registered mails shall be delivered before January 28, 2015 5:00PM.