www.clevo.com.tw

CLEVO The Leading IT Mall Player in China

28 Mar 2013

• Company Profile

• NB Business

• Buynow IT Mall

• Chicony Square

• Outlook

2

Consist of three business operations

ODM/OEM of NB IT Mall Department Store

NB Business Buynow Chicony Square

Clevo Co.

100% 30%100%

3

• Company Profile

• NB Business

• Buynow IT Mall

• Chicony Square

• Outlook

4

• Market：Clone NB

• Product：Highly customized (mid to high-end product)

• Production：Highly flexible (high mix, low volume)

• Customer：Local king

NB business – focus on clone market

5

(Quality, Quick)

• Company Profile

• NB Business

• Buynow IT Mall

• Chicony Square

• Outlook

6

1998First Buynow storeopened in Shanghai

1983Clevo founded

2012Currently 23 stores

6 stores (under development)4 stores (land acquired)

7 stores (planning)Overview• Buynow, a 100% owned Subsidiary of Clevo, has become the top IT mall in China.

• After 15 years of operation since the first Buynow store opened, Buynow has successfully opened 23 stores with a total GFA of over 470,000m² and will continue to expedite pace in new store development to capture opportunities arising from the boom of China’s consumer market in the future.

• Stores, situated at prime locations in the 1st and 2nd-tier cities, are mostly self developed and all operated by Buynow multitasked team. Buynow receives recognitions from tenants and customer through providing professional space planning for IT mall, convenient shopping environment, and high value added service.

• With occupancy rate >90%, property leasing continued to deliver sustainable growth in turnover, operating and cash flow. Furthermore, the values of our investment properties benefit from RMB currency appreciation and property value increase in the long run.

Buynow–The leading IT malls in China

7

Changchun

Shenyang

YingkouAnshan

Beijing

Zhengzhou

Tianjin

Zibo

QingDao

Yancheng

ChangzhouXian

ChongqingChengdu

Guiyang

GuangzhouXiamen

HuizhouShantou

Matro, ShanghaiPudong , ShanghaiXuhui , Shanghai

Wuxi

Hangzhou

Nanjing

HefeiWuhan Suzhou

Luoyang

Dezhou

Taizhou

Huhhot

Nanning

Quanzhou

Jinzhou

Kaifeng

Maanshan

Weifang

Opened DevelopingLand acquiredPlanning

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Currently 23 stores, targeting 40 in the near future

HarbinDaqing

Leasing model(Revenue：retail rent, marketing, management fee)

Self-operation model(Revenue：slotting fee, price margin)

Buynow Cybermart

Pacific digitalplaza

Egodigital plaza

Bestton digitalplaza

TOP electronics

cityPC Mall GOME Suning

Holding company

Clevo group

Honghaigroup PC group Ego group

Bestton group ASE group

Sanpowergroup

Gome group

Suning group

# of Stores 23

34(excluded Taiwan)

6(excluded alliance)

60 10 3 2681096

(excluded non-listed)

1,675 (China only)

Area focus

1st & 2ndtier cities

2nd & 3rdtier cities

Shanghai, Guangzhou

,Beijing

2nd & 3rdtier cities

South western

area

Beijing,Shanghai, Chongqing

East China,Yangtze river

delta

Nationwide Nationwide

TotalGFA(m²) 471,500 400,000 89,000 >700,000

Approx200,000 260,000

Average 2,000m²per store

3,687,000 6,803,500

Self-own /rented stores

Most self-

owned

Mostrented

Mostrented

Mostrented

Mostrented

Most self-

owned

Mostrented

Mostrented

Mostrented

ChinaFamous

trademark Y N N N N N Y Y Y

Source：Buynow(2012/12)、company Official website、news、financial (2012/10)Remark：China famous trademark is assessed through the right authorities in accordance with legal procedure

The leading brand in leasing model in China

Average daily flow of people

0

50

100

150

200

250

300

350

400

2008 2009 2010 2011 2012

Average daily flow of people (thousand)Source：Buynow

日均人流量 (千人)

Average daily flow of >300 thousands people visit Buynow

10

• Company Profile

• NB Business

• Buynow IT Mall

• Chicony Square

• Outlook

11

Chicony Square

• Department store chain in China

– Clevo holds 30% share

– A mega complex department store offering a comprehensive package of premium dining, shopping, leisure and entertainment facilities

– Plan to have 10 stores in China

• Situated in ideal locations of major cities in the Mid-West China

– Opened： Wuhan store and Chengdu store, GFA >230,000m² in total

– Developing：Xian store to open by the end of 2014, GFA> 200,000m²

• Development and operation mode

– In-house land development, property ownership with single deed

– Integrated management system, base rental fee + percentage of revenue

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Wuhan store Chengdu store Xian storeGrand opening Sep 2003 Oct 2010 the end of 2014GFA 90,964m² 187,000m² (include hotel) approx 210,000 m²

Commercial floor

B2F/8F B5F/37F B5F/7FFashion, supermarket, food

court, restaurantLuxuries, fashion, supermarket, entertainment & leisure, restaurant；hotel (above 12F)

Luxuries, fashion, supermarket, entertainment & leisure, restaurant, I-Max theater

Car park 300 spaces 517 spaces 2,000 spaces13

Mega stores for one-stop shopping to meet customers’ demand in west China

• Company Profile

• NB Business

• Buynow IT Mall

• Chicony Square

• Outlook

14

15

Outlook

• Expand market share and penetration in emerging market

• Increase the proportion of high-end product

• 2014 Chengdu Hyatt

• 2014 Xian store

• 2015/2016 IPO

• 3 stores to open in 2013 (Wuhan, Suzhou, Huizhou) toward 33 and 50 stores of mid and long term targets

• Diversify to multifaceted shopping mall, add online service

NB

BuynowChicony Square

• National policy to promote the growth of domestic consumption

• Acceleration of urbanization

• RMB appreciation trend

• Long-term potential in property appreciation

• European debt problem largely eased, European economy gradually recovering

• Riding on economic growth in emerging market, increasing product penetration