United Renewable Energy Co., Ltd. · TWSE:3576

United Renewable Energy — Neo Solar Power — 2015 ML Conference

19 slides from United Renewable Energy's conference presentation, Mar 18, 2015

1. Slide 1: Neo Solar Power Corporation

   Neo Solar Power Corporation March 18, 2015

2. Slide 2: NSP at A Glance

   NSP at A Glance  Founded: December, 2005  Products: cells and modules  2014 Year-End Capacity: • Cell: > 2.20 GW • Module: > 480 MW  Employees: 3,800  Headquarters: Hsinchu, Taiwan  Listed in Taiwan Stock Exchange  Market Cap US$789 Million at the end of 2014  The world’s largest merchant ce

3. Slide 3: Milestones

   Milestones  2005.12: NSP founded  2006.12: Breakeven and 100% utilization achieved  2009.01: Listed on the Taiwan Stock Exchange  2010.10: Launched “Super 17” (multi) & “Perfect 18” (mono) cells  2011.09: Launched mono cell “Black 19” at EU PVSEC  2012.09: Announced “Super 18” and “Black 19+”

4. Slide 4: Core Competences

   Core Competences Leading  Pioneer of combining semiconductor manufacturing Quality discipline into our Taiwan-engineered quality solar solutions  Inter-disciplinary experts in semiconductors, electronic World-Class systems, silicon raw materials, solar cell processing and solar Technology energy s

5. Slide 5: The Executives

   The Executives Dr. Quincy Lin Chairman  30+ years of experience in high tech management  Senior Vice President of Taiwan Semiconductor Manufacturing Company (TSMC)  Honorary Chair in Management at National Chiao-Tung University Dr. Sam Hong CEO  30+ years of experience in PV solar energy  Resea

6. Slide 6: Strong Growth Momentum

   Strong Growth Momentum < 6 > NSP Proprietary March 18, 2015

7. Slide 7: Revenue Growth

   Revenue Growth • 2012 revenue declined despite 15.4% shipment growth due to ASP erosion < 7 > NSP Proprietary March 18, 2015

8. Slide 8: Cell Capacity Overview

   Cell Capacity Overview 2014 Total Capacity: > 2,200 MW China： > 400 MW Taiwan：> 1,800 MW FAB 2 & HQ China Hsinchu Science Park FAB 5 FAB 6 Chunan Science Park FAB 3 Tainan Tech. Ind. Park Wujiang, Suzhou < 8 > NSP Proprietary March 18, 2015

9. Slide 9: Module Capacity Overview

   Module Capacity Overview 2014 Total Capacity: > 480 MW China：> 180 MW Taiwan：> 230 MW China GES (NSP Subsidiary) Hsinchu Ind. Park FAB 52 FAB 51 Hsinchu Science Park Wujiang, Suzhou < 9 > NSP Proprietary March 18, 2015

10. Slide 10: Strong R&D Capability

    Strong R&D Capability  World leader in efficiency and yield  Advanced characterization based on years of experience in semiconductor device physics for optimized performance  Excellent manufacturability and reliability to shorten time to market  Customer oriented technology road map to support a

11. Slide 11: Proven Module Capability

    Proven Module Capability  Power tolerance of 0 to +4.99 W providing a stable, high-energy system output  High PV cell shunt resistance enabling increased power output in low light conditions  Low temperature coefficients of power to produce high power output in all weather conditions  High effic

12. Slide 12: NSP Module Features

    NSP Module Features  Standard Offerings  Customized Offerings < 12 > NSP Proprietary March 18, 2015

13. Slide 13: Your Best Solar Partner

    Your Best Solar Partner World’s top merchant solar cell manufacturer Strong R&D commitment with proven track record and technology leadership in quality Industry leading performance and Cost effective structure reliability for our solar solutions Experienced and well- Strong and diverse recognized m

14. Slide 14: Largest BIPV in Taiwan

    Largest BIPV in Taiwan  Taiwan National Stadium, 1MW PV System, EPC by Delta, Solar cell by NSP  Architect: Toyo Ito  The largest building-integrated PV system in Taiwan  Annual CO2 reduction: 660 MT  Annual Power Generation: 1.1 M KWh < 14 > NSP Proprietary March 18, 2015

15. Slide 15: Largest Airport PV System

    Largest Airport PV System  USA Indianapolis Airport 25 MW PV System Solar cell by NSP  On-grid ceremony Oct. 18, 2013  PPA with Indianapolis Power and Light Company (IPL)  Annual CO2 reduction 8,529 MT  Annual Power Generation 30M KWh < 15 > NSP Proprietary March 18, 2015

16. Slide 16: Corporate Social Responsibility

    Corporate Social Responsibility  Environmental Sustainability  Voluntary Commitment: A Member of PV Cycle  Recycling end-of-life solar modules through PV cycle  Minimizing environmental impact of end-of-life products  Carbon Footprint Verification  Received the Reasonable Level of Assurance (t

17. Slide 17: Corporate Social Responsibility

    Corporate Social Responsibility  Employee Well-being  Safety and Health  Adapting occupational health and safety management systems  Training for laboratory work safety improvements OHSAS 18001：2007  Training and Development  Set up internal training programs and provide information on externa

18. Slide 18: Corporate Social Responsibility

    Corporate Social Responsibility  Social Contribution  Volunteer Programs  Environmental Care Volunteers: Educating the public with knowledge on green energy, energy saving and environmental protection  Social Care Volunteers: Caring for community, society and the environment < 18 > NSP Proprieta

19. Slide 19: Thank You

    Thank You Neo Solar Power Corp. Tel: +886.3.5780011 Fax: +886.3.5781255 www.nsp.com < 19 > NSP Proprietary March 18, 2015

Neo Solar Power — 2015 ML Conference on 6ix