PRESIDENT CHAIN STORE CORP. 2014 ANNUAL GENERAL SHAREHOLDERS’ MEETING MINUTES (Translation)

Stock Code 2912

June 19, 2014

~1~ PRESIDENT CHAIN STORE CORPORATION 2014 Annual General Shareholders’ Meeting

I. Agenda

PRESIDENT CHAIN STORE CORPORATION 2014 Annual General Shareholders’ Meeting Agenda

Time：9:00 a.m. on June 19, 2014 (Thursday) Place：1F, Training Center, No. 301, Zhongzhen Road, Yongkang District, Tainan City Attendants：Total Shares Represented by Shareholders and Proxies Present: 967,212,184 shares, accounted for 93.03% of the total shares issued (1,039,622,255 shares) Parliamentary procedure: Chairman：Lo, Chih-Hsien Recorder：Lee, Chia-Fang Director attendance：Lo, Chih-Hsien；Kao, Hsiu-Ling；Su, Tsung-Ming；Wu, Chung-Pin； Yang, Wen-Long；Chen, Jui-Tang；Lai, Nan-Bey；Chen, M. David (Independent Director) Sit-in Members：PricewaterhouseCoopers, Taiwan, Hsiao, Chun-Yuan (External auditor) PwC Legal, Taiwan, Yang, Chin-Hsing (Attorney)

I. Call the Meeting to Order (Report equity represented by attendance) II. Chairman Remarks III. Report Items 1. Business Report for 2013 Explanation: The business report for 2013 is attached as Appendix I. 2. Audit Committee’s Review Report. Explanation: The Audit Committee Review’s Report for 2013 is attached as Appendix II.

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3. Status of investment in Mainland China in 2013 Explanation: The status of the Company’s investment in Mainland China in 2013 is attached as Appendix III. 4. Status of impairment loss in 2013 Explanation: The Company recognized the impairment totaling NT$381,529,485 in accordance with International Accounting Standards No. 36 and No.39. (The participating shareholder whose ID is 69301 raised questions for financial reports and operation of the Company, and the Chairman has explained.)

IV. Ratification items 1. Ratification of the 2013 Business Report and Financial Statements. (Proposed by the Board) Explanation: (1) PCSC’s 2013 Financial Statements, including Balance Sheets, Comprehensive Income Statements, and Statements of Changes in Shareholders’ Equity, and Cash Flow Statements, were audited by independent auditor, PRICEWATERHOUSECOOPERS Taiwan. (2) 2013 Business Report, Financial Statements, and Profit Distribution Proposal have been approved by the Board and examined by the Audit Committee. (3) The Business Report and Financial Statements for 2013 are attached as Appendix Ⅰ, Appendix IV and the 2013 annual report.

Voting Result- The number of shares with voting rights represented by the shareholders present at the time of voting was 967,212,184 votes. The number of vote for approval is 840,481,602 (including 339,538,703exercised via electronic voting), accounted for 86.89％ of total shares with voting rights present. The number of vote for disapproval is 6,685 (including 6,685exercised via electronic voting), accounted for 0.0006％ of total shares with voting rights present. The number of vote for abstaining is 98,273,637 (including 98,273,637

~3~ exercised via electronic voting), accounted for 10.16％ of total shares with voting rights present.

Adopted by a majority vote of the shareholders present who represent a majority of the total number of its outstanding shares. Approved and acknowledged as proposed by the Board of Directors by voting.

V. Discussion items 1. Adoption to the Proposal for Distribution of 2013 Profits. (Proposed by the Board) Explanation: (1) The 2013 Profit Allocation Proposal is attached as Appendix V. (2) The Company’s distributable earnings for 2013 are NT$5,393,114,634. The cash dividend to be distributed is NT$5.15 per share. It is proposed that the Board of PCSC authorized to resolve the ex-dividend date and distribution record date.

Voting Result- The number of shares with voting rights represented by the shareholders present at the time of voting was 967,212,184 votes. The number of vote for approval is 841,464,537 (including 340,521,638 exercised via electronic voting), accounted for 86.99％ of total shares with voting rights present. The number of vote for disapproval is6,750 (including6,750 exercised via electronic voting), accounted for 0.0006％ of total shares with voting rights present. The number of vote for abstaining is97,290,637 (including 97,290,637exercised via electronic voting), accounted for 10.05％ of total shares with voting rights present.

~4~ 2. Adoption to the Proposal for Distribution of 2013 Capital Reserve. (Proposed by the Board)

Explanation: (1) In accordance with Article 241 of the Company Law, it is hereby proposed that a sum of NT$883,678,916 be appropriated from the Corporation’s capital reserve to be allocated to shareholders in cash pro rata to the number of shares they hold respectively, with NT$0.85 per share. It is proposed that the Board authorized to resolve the ex-dividend date, distribution record date, and other relevant issues.

Voting Result- The number of shares with voting rights represented by the shareholders present at the time of voting was 967,212,184 votes. The number of vote for approval is 841,464,602 (including 340,521,703 exercised via electronic voting), accounted for 86.99％ of total shares with voting rights present. The number of vote for disapproval is 6,685 (including 6,685 exercised via electronic voting), accounted for 0.0006％ of total shares with voting rights present. The number of vote for abstaining is 97,290,637 (including 97,290,637 exercised via electronic voting), accounted for 10.05％ of total shares with voting rights present.

~5~ 3. Amendment to the Procedures for Acquisition and Disposal of Assets of PCSC. (Proposed by the Board)

Explanation: (1) To conform to the external regulations and operational needs, the amendment to the Procedures for Acquisition and Disposal of Assets are proposed accordingly. (2) The proposed amendment to the Procedures for Acquisition and Disposal of Assets is attached as Appendix VII.

Voting Result- The number of shares with voting rights represented by the shareholders present at the time of voting was 967,212,184 votes. The number of vote for approval is 841,463,466 (including 340,520,567 exercised via electronic voting), accounted for 86.99％ of total shares with voting rights present. The number of vote for disapproval is 7,685 (including 7,685 exercised via electronic voting), accounted for 0.0007％ of total shares with voting rights present. The number of vote for abstaining is 97,290,773 (including 97,290,773 exercised via electronic voting), accounted for 10.05％ of total shares with voting rights present.

~6~ 4. Adoption of the Proposal for releasing Directors from non-competition. (Proposed by the Board)

Explanation: (1) In accordance with Article 209 of the Company Law, the directors of the Company have simultaneously undertaken directors or managerial positions in other companies that engage in similar business activities as do the Company. Their involvements are not considered to constitute any conflicts to the Company; for this reason, we agree to remove restrictive clauses on directors' involvements in competing businesses to conform to regulations. (2) Details of the duties subject to Directors from non-competition that are to be lifted are attached as Appendix VIII.

Voting Result- The number of shares with voting rights represented by the shareholders present at the time of voting was 967,212,184 votes. The number of vote for approval is 831,179,947 (including 330,237,048 exercised via electronic voting), accounted for 85.93％ of total shares with voting rights present. The number of vote for disapproval is 10,027,204 (including 10,027,204 exercised via electronic voting), accounted for 1.03％ of total shares with voting rights present. The number of vote for abstaining is 97,554,773 (including 97,554,773 exercised via electronic voting), accounted for 10.08％ of total shares with voting rights present.

VI. Motions (The participating shareholder whose ID is 69301 raised questions for financial reports and operation of the Company, and the Chairman has explained.)

VII. Dissolution

~7~ Appendix I 2013 Business Report

Dear Shareholders, The global economy in 2013 was marked by ongoing instability. Coupled with the increase in electricity prices and labor costs, the business environment in Taiwan has become ever more challenging. Despite unfavorable economic conditions, President Chain Store Corporation (PCSC) was able to achieve greater overall profitability by improving its store quality and enhancing product offerings, as well as implementing integrated marketing activities through its various subsidiaries. As such, these efforts ensured record consolidated revenue and profits, which came to NT$200.6 billion and NT$8.04 billion respectively, and our first time being ranked as one of Forbes Global 2000’s top businesses around the world. To provide customers with a comfortable, friendly shopping space at its convenience stores, PCSC continues its business strategy of large stores that doubles as a self-service restaurant. A new array of fresh, ready-to-eat, and ready-to-cook foods has also been launched to suit a variety of lifestyle needs, promising our customers safety, convenience and great taste. This is ensured by directly sourcing fresh produce from contract farms, where PCSC’s employees are involved to oversee all related operations. Moreover, our quality control laboratories conduct thorough examinations of the produce from farm to shelf, striving to offer customers comprehensive food safety processes of high standards. Moreover, PCSC launched a Champaign in 2013 to further improve the quality of CITY CAFÉ. This involved the renewal of the brand’s vision, finer selection of beans and the expertise of a team of coffee professionals, taking the coffee experience to a new level.

Meanwhile, the ibon electronic kiosks found in Taiwan’s 7-ELEVEn provides access to

600 or so convenient services including transportation and entertainment. The speed and availability of ibon services have changed the way customers shop in Taiwan. A seamless

~8~ shopping experience is ultimately made possible with 7-nET’s Virtual Second Floor online store, which boasts a new line of OPEN 3C products jointly developed by 7-nET and

Foxconn in 2013.

In addition to 7-ELEVEn Taiwan, PCSC has also expanded into other retail businesses both in Taiwan and overseas. As of 2013, we had a total of 7,714 stores, 390 more than the previous year. Outside Taiwan, the Philippines now accounts for more than

1000 stores in 2013, making 7-ELEVEn the current leading convenience store chain in the country. In Eastern China, Shanghai Starbucks opened its 460th store. Moreover, President Pharmaceutical Corp continues to cultivate its product offerings under the brands ‘My Beauty Diary’, which is sold in more than 12 countries. Following an increase in e-commerce activities between Taiwan and China and the concomitant growing logistical needs, in July 2013 President Transnet Corp. entered into partnership with YTO Express, China’s second biggest logistics company. The act opened a new chapter for cross-straits logistical services. Last but not least, DUSKIN SERVE TAIWAN has been a steady presence in Taiwan’s cleaning products and services industry since 1994. In December 2013, DUSKIN granted permanent license to DUSKIN SERVE TAIWAN in recognition of its outstanding performance. It is the fourth PCSC brand to be awarded a permanent license after 7-ELEVEn, Takkyubin and President Collect Service Corp.

For many years PCSC has worked tirelessly to fulfill its corporate social responsibilities in the areas of corporate governance, care for the underprivileged and environmental protection. In 2013, PCSC was rated A+ in the evaluation of information disclosure in Taiwan’s listed companies undertaken by Securities and Futures Institute. As well, PCSC was voted by Finance Asia as one of the top ten companies in Taiwan in the categories of ‘Best Managed Company’, ‘Best Corporate Governance’ and ‘Best Corporate

~9~ Social Responsibility’. In the same year, 7-ELEVEn cooperated with prominent

Taiwanese documentary filmmaker Yang Li-Chou to fully finance the film, ‘Bridge Over

Troubled Water’, which documented 7-ELEVEn’s service to the people living in remote areas. Their efforts rekindled a sense of pride and glory and instilled courage in the hearts of Jiaxian residents in the aftermath of the 2009 disaster. PCSC constantly prides itself in acting with corporate conscience. In 2013, once again we received accolade from Commonwealth Magazine with the ‘Benchmark Enterprise Award’ and other awards under ‘Digital Age Green Brand’ and ‘Retail Stores’. We also won the Excellent Green Procurement Award from the Taipei City Government. 2014 appears to be another year filled with challenges. However, PCSC will continue to strive for sustainable growth through structural changes and improve on the management of staff, stores, product offerings, logistics, systems and company infrastructure and culture. All our decisions will be informed by our business philosophy of honesty and integrity. 2014 will see the opening of the 5000th 7-ELEVEn store in

Taiwan. By combining our brick and mortar stores with the 7-nET online store and ibon interactive kiosks, a synergy is achieved to bring out more unique products and services. In terms of PCSC’s business investments, through focused management and the consolidation of domestic and overseas resources, we anticipate further improvement in our overall business performance. In the Philippines, the number of 7-ELEVEn stores will reach more than 1,200. Shanghai Starbucks will also increase new store openings to promote coffee culture. As for 7-ELEVEn Shanghai, the range of high quality fresh foods and services on offer will add to any shopping experience. PCSC is ‘determined to become an outstanding retailer by offering convenient services and being a good corporate citizen’. We strive to make life more convenient for

~10~ all our customers, ensure steady profitability of our franchises, create a friendly and fair work environment for our employees and increase shareholders’ value.

Chairman: Lo, Chih-Hsieh President: Chen, Jui-Tang Chief Accountant: Chang, Sung-Hung

~11~ Appendix II President Chain Store Corp. Audit Committee’s Review Report (Translation)

I hereby state as following:

This proposal is the presentation by the Board of Directors of the Company’s business report, financial statements, and the distribution of 2013 profits. Of these items, the financial statements have been audited by independent auditors Hsiao, Chun-Yuan and Tseng, Hui-Chin of PRICEWATERHOUSECOOPERS, and an opinion and report have been issued on the financial statements. The aforementioned proposal regarding business report, financial statements, and the distribution of profits have been reviewed by the Audit Committee. All members of this committee believe there are no mistakes or omissions in these documents. Per the regulations in Article 219 of the Company Act, we present this report for your review.

To: General Shareholders’ Meeting of PRESIDENT CHAIN STORE CORP. 2014

President Chain Store Corp.

Chairman of the Audit Committee Chen, M. David

Date: May 7, 2014

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Appendix III President Chain Store Corp. Status of investment in China 2013 Unit: USD dollar

Investment Accumulated Indirect Name of Investee in China in 2013 Investment Shareholding Shanghai President Starbucks Coffee Corp. 2,000,000 30% Presiclerc(Beijing) Supermarket Co., Ltd. 5,157,851 21,556,091 89.10% President Chain Store (Shanghai) Ltd. 13,075,100 58,802,162 100% Mister Donut Shanghai Co., Ltd. 5,437,187 50% Shanghai President Catering Management Co., Ltd. 641,785 5,170,585 100% President Cosmed Chain Store (Shen Zhen) Co., Ltd. 8,696,008 65% Wuhan Uni-President Oven Fresh Bakery Co., Ltd. 6,236,561 11,031,541 100% Shan Dong President Yinzuo Commercial Limited 4,078,354 55% PCSC (Sichuan) Hypermarket Limited 10,150,000 100% PCSC (Chengdu) Hypermarket Limited 13,012,500 100% Shanghai Cold Stone Ice Cream Corporation 23,884,640 100% Shanghai President Logistic Co., Ltd. 2,000,000 100% Sato (Shanghai) Catering Mathematics Co., Ltd. 1,771,973 81% President Royal Host (Shanghai) Ltd. 1,530,000 51% Total 25,111,297 169,121,041

~13~ Appendix IV Independent Auditor’s Report (103) MOF.FS.Tzi No. 13001625

To: President Chain Store Corp We have audited the parent company only balance sheet of the President Chain Store Corporation as of December 31, 2013, and December 31 and January 1, 2012; also, the parent company only comprehensive income statement, parent company only statement of changes in shareholders’ equity, and parent company only statement of cash flows dated January 1 ~ December 31, 2013 and 2012. These parent company only financial statements are the responsibility of the management. Our responsibility is to express an opinion on the parent company only financial statements based on our audits. President Chain Store Corp. had the investment gain and loss of the long-term equity investment under the equity method in 2013 and 2012 and the transfer investment in Note 13 assessed and disclosed in accordance with the invested company’s financial statements audited by the independent auditors commissioned by each company. We did not audit the financial statements of the invested companies. Based on the 2013 and 2012 financial statements audited by other independent auditors, the net investment income was recognized for NT$252,947 thousand and NT$224,405 thousand, respectively. The related long-term equity investment balance was NT$961,016 thousand and NT$619,888 thousand, respectively. Our audit in accordance with “Guidelines Governing the audit of financial statements by Certified Public Accountants” and generally accepted auditing principle of the R.O.C. to ensure the financial statements are presented without material errors. We have planned and conducted an audit includes examining, on a test basis, evidence supporting the amounts and disclosure in financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the management, as well as evaluating the overall financial statement presentation. We believe that our audits and the audit report issued by other independent auditors provide a reasonable basis for our opinion. In our opinion, based on our auditing results and those of the other independent auditors, the parent company only financial statements referred to above present fairly, in all material respects, the financial position of President Chain Store Corporation as of December 31, 2013 and December 31 and January 1, 2012, and the results of its operations and its cash flows as of January 1 ~ December 31, 2013 and 2012 in conformity with the “Regulations Governing the Preparation of Financial Reports by Securities Issuers.”

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PRICEWATERHOUSECOOPERS Hsiao, Chun-Yuan Certified Public Accountants Tseng, Hui-Chin Former Securities and Futures Bureau of the Financial Supervisory Commission, Executive Yuan Approved certification document: FSC (VI).tzi No. 0960042326 Former SEC, Ministry of Finance Certificate No.: (79) Tai-Tsai-Cheng (I) No. 27815 March 20, 2014

~15~ President Chain Store Corporation Parent Company Only Balance Sheet December 31, 2013 and December 31 and January 1, 2012 (Unit: NT$1000) December 31, 2013 December 31, 2012 January 1, 2012 Assets Note Amount % Amount % Amount %

Current assets 1100 Cash and cash equivalence VI (I) $ 11,778,753 20 $ 12,253,521 22 $ 9,811,022 19 1110 Financial assets measured at fair VI (II) value through profit or loss-Current 5,750,000 10 4,800,000 8 6,350,000 12 1170 Net accounts receivable VI (V) 455,916 1 479,457 1 621,034 1 1200 Other receivables VII(II) 1,056,462 2 1,065,239 2 1,010,233 2 130X Inventory VI (VI) 4,835,283 8 4,966,007 9 3,658,771 7 1410 Prepayments 370,166 1 183,165 - 132,515 1 1460 Held-for-sale assets, net – VI (VII) non-current 411,577 1 - - - - 1479 Other current assets - others 538,969 1 91,197 - 102,954 -

11XX Total current assets 25,197,126 44 23,838,586 42 21,686,529 42 Non-Current assets 1523 Financial assets in VI (III) available-for-sale – non-current 7,386,501 13 7,912,231 14 8,055,869 16 1543 Financial assets measured at VI (IV) cost – non-current 483,981 1 503,981 1 523,981 1 1550 Investment under the equity VI (VII) method 11,861,569 20 11,701,320 21 10,488,508 20 1600 Fixed assets, machinery and VI(VIII) equipment 9,118,823 16 9,210,594 16 8,540,837 16 1760 Net investment properties VI(IX) 1,378,302 2 1,334,134 2 1,248,400 2 1780 Intangible assets VI (X) 465,268 1 395,969 1 222,356 - 1840 Deferred income tax assets VI (XXV) 462,373 1 433,500 1 345,721 1 1990 Other non-current assets - VI (XI) others 1,064,325 2 1,050,244 2 1,041,529 2

15XX Total non-current assets 32,221,142 56 32,541,973 58 30,467,201 58 1XXX Total Assets $ 57,418,268 100 $ 56,380,559 100 $ 52,153,730 100

(To be continued)

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President Chain Store Corporation Parent Company Only Balance Sheet December 31, 2013 and December 31 and January 1, 2012 (Unit: NT$1000) December 31, 2013 December 31, 2012 January 1, 2012 Liabilities and equity Note Amount % Amount % Amount % Current liabilities 2150 Notes payable $ 1,395,459 3 $ 369,591 1 $ 282,884 - 2160 Notes payable-related parties VII(II) 3,082,137 5 4,628,907 8 4,516,270 9 2170 Accounts payable 1,408,558 3 453,042 1 374,165 1 2180 Accounts payable-related VII(II) parties 6,317,080 11 7,875,231 14 6,598,356 13 2200 Other accounts payable VI (XII) and VII(II) 12,708,744 22 13,982,174 25 11,436,670 22 2230 Current tax liabilities VI (XXV) 507,980 1 485,758 1 604,528 1 2310 Advance receipts VI (XIII) 2,452,670 4 2,055,182 3 2,132,299 4 21XX Total current liabilities 27,872,628 49 29,849,885 53 25,945,172 50 Non-Current liabilities 2540 Long-term debt payable VI (XIV) 1,000,000 2 1,200,000 2 3,400,000 6 2570 Deferred income tax liabilities VI (XXV) 14,062 - 23,486 - - - 2640 Accrued pension liabilities VI(XV) 2,290,932 4 2,037,726 4 1,681,325 3 2645 Guarantee Deposit received 2,083,417 3 1,946,052 3 1,865,516 4 2670 Other non-current liabilities - others 417,353 1 486,712 1 598,810 1 25XX Total non-current liabilities 5,805,764 10 5,693,976 10 7,545,651 14 2XXX Total liabilities 33,678,392 59 35,543,861 63 33,490,823 64 Equity Capital Stock VI (XVI) 3110 Capital-common stock 10,396,223 18 10,396,223 18 10,396,223 20 Capital Surplus VI (XVII) 3200 Capital Surplus 890,234 1 910,278 2 5,082 - Retained earnings VI(XVIII) 3310 Appropriated as legal capital reserve 5,931,412 10 5,253,820 9 4,618,579 9 3320 Appropriated as special capital reserve 338,453 1 768,822 1 - - 3350 Total Retained earnings-unappropriated 5,616,291 10 3,130,539 6 4,254,617 8 Other equities VI(IX) 3400 Other equities 567,263 1 377,016 1 ( 611,594 ) ( 1 ) 3XXX Total Shareholders' Equity 23,739,876 41 20,836,698 37 18,662,907 36 Significant or contingent IX liabilities and unrecognized contractual commitments Materiality after the period XI Total Liabilities and Shareholders' Equity $ 57,418,268 100 $ 56,380,559 100 $ 52,153,730 100

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President Chain Store Corporation Parent Company Only Comprehensive Income Statement December 31, 2013 and December 31 and January 1, 2012 (Unit: NT$1000) (Except for earnings per share in NTD) 2013 2012 Items Note Amount % Amount % 4000 Operating revenue VI (XX) and VII(II) $ 126,998,794 100 $ 124,760,009 100 5000 Operating cost VII(II) ( 85,916,074 ) ( 68 ) ( 84,980,517 ) ( 68 ) 5900 Gross profit 41,082,720 32 39,779,492 32 Operating expenses VI (XXIII) (XXIV) and V(II) 6100 Marketing expense ( 31,480,673 ) ( 25 ) ( 30,721,645 ) ( 25 ) 6200 General and administration expenses ( 3,308,248 ) ( 2 ) ( 3,102,287 ) ( 2 ) 6000 Total operating expenses ( 34,788,921 ) ( 27 ) ( 33,823,932 ) ( 27 ) 6900 Operating income 6,293,799 5 5,955,560 5 Non-operating income and expense 7010 Other income VI (XXI) 1,327,360 1 1,319,660 1 7020 Other gains and losses VI (XXII) ( 239,229 ) - ( 1,107,590 ) ( 1 ) 7050 Financial cost ( 31,413 ) - ( 31,060 ) - 7070 The profit and loss of the subsidiaries, associated enterprises, and joint ventures under the equity method 1,778,670 1 792,643 1 7000 Total Non-operating income and expense 2,835,388 2 973,653 1 7900 Net income before tax 9,129,187 7 6,929,213 6 7950 Income Tax expenses VI (XXV) ( 1,092,435 ) ( 1 ) ( 1,013,577 ) ( 1 ) 8200 Net Income $ 8,036,752 6 $ 5,915,636 5 Other comprehensive income VI(IX) 8310 Foreign exchange differences from foreign operation $ 151,560 - ( $ 133,615 ) - 8325 Available-for-sale financial VI (III) assets unrealized gain in valuation 40,777 - 809,276 1 8360 Actuarial gains and losses of defined benefit ( 274,465 ) - ( 449,784 ) ( 1 ) 8380 The other comprehensive profit and loss of the subsidiaries, associated enterprises and joint ventures under the equity method ( 33,803 ) - 47,698 - 8399 Income tax related to the other VI (XXV) comprehensive income 44,569 - 79,862 - 8300 Other comprehensive net (loss) income - current ( $ 71,362 ) - $ 353,437 - 8500 Total comprehensive income $ 7,965,390 6 $ 6,269,073 5

Basic earnings per share VI (XXVI) 9750 Total Basic earnings per share $ 7.73 $ 5.69 Diluted earnings per share VI (XXVI) 9850 Total Diluted earnings per share $ 7.72 $ 5.68

~18~ President Chain Store Corporation Parent Company Only Statement of Change in Shareholders’ Equity January 1 ~ December 31, 2013 and 2012 (Unit: NT$1000) Retained earnings Other equities Available-for-sale Foreign exchange financial assets Capital-common Special capital Unappropriated differences from unrealized gains and Total Shareholders' Note stock Capital surplus Legal capital reserve reserve earnings foreign operation losses Equity 2012 Balance at January 1, 2012 $ 10,396,223 $ 5,082 $ 4,618,579 $ - $ 4,254,617 $ - ( $ 611,594 ) $ 18,662,907 Appropriation and distribution of retained VI(XVIII) earnings in 2011: Legal capital reserve - - 635,241 - ( 635,241 ) - - - Special capital reserve - - - 768,822 ( 768,822 ) - - - Cash dividend - - - - ( 4,990,186 ) - - ( 4,990,186 ) Effects of the disposal of a subsidiary without VI (VII) losing control power - 908,348 - - - - - 908,348 Equity effect of the changes in shareholding of subsidiary without losing control power - ( 3,152 ) - - - - - ( 3,152 ) The impact of the subsidiary acquisition on the organizational structure - - - - ( 10,292 ) - - ( 10,292 ) Net income of 2012 - - - - 5,915,636 - - 5,915,636 Other comprehensive income VI(IX) - - - - ( 635,173 ) ( 133,615 ) 1,122,225 353,437 Balance at December 31, 2012 $ 10,396,223 $ 910,278 $ 5,253,820 $ 768,822 $ 3,130,539 ( $ 133,615 ) $ 510,631 $ 20,836,698 2013 Balance at January 1, 2013 $ 10,396,223 $ 910,278 $ 5,253,820 $ 768,822 $ 3,130,539 ( $ 133,615 ) $ 510,631 $ 20,836,698 Appropriation and distribution of retained VI(XVIII) earnings in 2012: Legal capital reserve - - 677,592 - ( 677,592 ) - - - Special capital reserve (Reverse) - - - ( 430,369 ) 430,369 - - - Cash dividend - - - - ( 5,042,168 ) - - ( 5,042,168 ) Equity effect of the changes in shareholding of subsidiary without losing control power - ( 20,044 ) - - - - - ( 20,044 ) Net income of 2013 - - - - 8,036,752 - - 8,036,752 Other comprehensive income VI(IX) - - - - ( 261,609 ) 151,560 38,687 ( 71,362 ) Balance at December 31, 2013 $ 10,396,223 $ 890,234 $ 5,931,412 $ 338,453 $ 5,616,291 $ 17,945 $ 549,318 $ 23,739,876

Please refer to the notes of Parent Company Only financial statements and the audit report dated March 20, 2014 by CPA Hsiao, Chun-Yuan and Tseng, Hui-Chin of PRICEWATERHOUSECOOPERS Chairman: Lo, Chih-Hsieh President: Chen, Jui-Tang Chief Accountant: Chang, Sung-Hung ~19~ President Chain Store Corporation Parent Company Only Statement of Cash Flows January 1 ~ December 31, 2013 and 2012 (Unit: NT$1000) Note 2013 2012 CASH FLOWS FROM OPERATING ACTIVITIES: Net income before tax $ 9,129,187 $ 6,929,213 Adjustments for： Income or expenses items that do not affect cash flow Uncollectable account VI (V) 18,398 10,913 Depreciation expense VI (XXIII) 2,113,547 2,064,605 Amortizations VI (XXIII) 57,145 55,182 Interest expenses 31,413 31,060 The profit and loss of the subsidiaries, associated enterprises, and joint ventures under the equity method ( 1,778,670 ) ( 792,643 ) Depreciation expense for investment property 15,248 14,719 Gain on disposal of long-term equity investments VI (XXII) under the equity method ( 233,437 ) - Gains from the disposal of available-for-sale VI (XXII) financial assets ( 22,695 ) ( 138 ) The long-term equity impairment loss under the VI (VII) (XXII) equity method 104,695 - Impairment loss of financial assets in VI (III) (XXII) available-for-sale 276,834 992,942 Financial assets measured at cost- impairment VI (IV) (XXII) losses - 20,000 Interest income VI (XXI) ( 52,148 ) ( 43,807 ) Dividend income VI (XXI) ( 282,829 ) ( 243,584 ) Impairment reversal gain of property, plant and equipment ( 22,231 ) - Net loss from the disposal of fixed assets, VI (XXII) machinery and equipment 59,440 68,856 Changes in operating-related assets/liabilities Net changes in operating-related assets Financial assets at fair value through income statement ( 950,000 ) 1,550,000 Accounts receivable 5,143 130,664 Other receivables 9,800 ( 55,973 ) Inventory 130,724 ( 1,307,236 ) Prepayments ( 187,001 ) ( 50,650 ) Other current assets ( 463,532 ) 1,141 Other non-current assets 1,679 1,901 Net changes in operating-related liabilities Notes payable ( 520,902 ) 199,344 Accounts payable ( 602,635 ) 1,355,752 Other accounts payable ( 963,034 ) 2,216,407 Advance receipts 397,488 ( 77,117 ) Accrued pension liabilities ( 20,711 ) ( 91,103 ) Other non-current liabilities ( 75,723 ) ( 99,059 ) Cash inflow from operating activities 6,175,193 12,881,389 Interest received 51,125 44,774 Income tax paid ( 1,063,942 ) ( 1,113,949 ) Interest paid ( 6,357 ) ( 9,276 ) Cash dividends received 1,743,573 1,657,521 Net cash provided by operating activities 6,899,592 13,460,459

(To be continued)

~20~ President Chain Store Corporation Parent Company Only Statement of Cash Flows January 1 ~ December 31, 2013 and 2012 (Unit: NT$1000) Note 2013 2012

CASH FLOWS FROM INVESTING ACTIVITIES: Increase in long-term equity investments under the equity method ( $ 490,000 ) ( $ 1,151,031 ) Capital reduction and refund of the invested company under the equity method 186,774 86,000 Proceeds from capital reduction of the invested company measured at costs 20,000 - Disposal of long-term investments under equity method 275,231 - Disposal of available-for-sale financial assets 312,183 402 Liquidation dividend of available-for-sale financial assets 184 167 Proceeds paid for the purchase of fixed assets, VI (XXVIII) machinery and equipment ( 2,505,300 ) ( 2,672,608 ) Acquisition of intangible assets VI (X) ( 126,444 ) ( 228,795 ) Proceeds from the disposal of property, plant, and equipment 57,815 57,555 Net cash outflow from investing activities ( 2,269,557 ) ( 3,908,310 ) Cash flows from financing activities Long-term loans 5,200,000 10,190,000 Repayment of long-term borrowings ( 5,400,000 ) ( 12,390,000 ) Cash dividend distributed VI(XVIII) ( 5,042,168 ) ( 4,990,186 ) Increase in guarantee deposits received 137,365 80,536 Net cash outflow from financing activities ( 5,104,803 ) ( 7,109,650 ) Cash and cash equivalence (decrease) increase ( 474,768 ) 2,442,499 Beginning balance of cash and cash equivalents 12,253,521 9,811,022 Ended balance of cash and cash equivalents $ 11,778,753 $ 12,253,521

Please refer to the notes of Parent Company Only financial statements and the audit report dated March 20, 2014 by CPA Hsiao, Chun-Yuan and Tseng, Hui-Chin of PRICEWATERHOUSECOOPERS

Chairman: Lo, Chih-Hsieh President: Chen, Jui-Tang Chief Accountant: Chang, Sung-Hung ~21~

Independent Auditor’s Report (103) MOF.FS.Tzi No. 13001625

To: President Chain Store Corp. and Subsidiaries

We have audited the consolidated balance sheet of the President Chain Store Corporation and its subsidiaries as of December 31, 2013, and December 31 and January 1, 2012; also, the consolidated comprehensive income statement, consolidated statement of changes in shareholders’ equity and consolidated statement of cash flows dated January 1 ~ December 31, 2013 and 2012. These consolidated financial statements are the responsibility of the management. Our responsibility is to express an opinion on the consolidated financial statements based on our audits. The financial statements of some of the subsidiaries included in the aforementioned consolidated financial statements are not audited by us but by other independent auditors; therefore, our opinions on the consolidated financial statements referred to above regarding the amounts and disclosures in Note 13 of the respective subsidiaries are based on the financial statements audited by other independent auditors. The total assets of these subsidiaries as of December 31, 2013 and December 31 and January 1, 2012 amounted to NT$4,185,551 thousand, NT$3,699,632 thousand, and NT$2,984,829 thousand, representing 5.0%, 4.5%, and 4.0%, respectively, of the total consolidated assets. The net operating income as of January 1 ~ December 31, 2013 and 2012 amounted to NT$11,206,926 thousand and NT$9,455,046 thousand, representing 5.6% and 4.9%, respectively, of the consolidated operating income.

Our audit in accordance with “Guidelines Governing the audit of financial statements by Certified Public Accountants” and generally accepted auditing principle of the R.O.C. to ensure the financial statements are presented without material errors. We have planned and conducted an audit includes examining, on a test basis, evidence supporting the amounts and disclosure in financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the management, as well as evaluating the overall financial statement presentation. We believe that our audits and the audit report issued by other independent auditors provide a reasonable basis for our opinion.

In our opinion, based on our auditing results and those of the other independent auditors, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the President Chain Store Corporation and its subsidiaries as of December 31, 2013 and December 31 and January 1, 2012, and the results of its operations and its cash flows dated January 1 ~ December 31, 2013 and 2012 are in conformity with the “Regulations Governing the Preparation of

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Financial Reports by Securities Issuers,” the IFRSs, International Accounting Standards, Interpretations, and Notices approved by the Financial Supervisory Commission.

We also audited the parent company only financial statements of President Chain Store Corporation as of and for the years ended December 31, 2013 and 2012 on which we have issued an modified unqualified opinion.

PRICEWATERHOUSECOOPERS

Hsiao, Chun-Yuan Certified Public Accountants Tseng, Hui-Chin

Former Securities and Futures Bureau of the Financial Supervisory Commission, Executive Yuan Approved certification document: FSC (VI).tzi No. 0960042326 Former SEC, Ministry of Finance Certificate No.: (79) Tai-Tsai-Cheng (I) No. 27815

March 20, 2014

~23~ President Chain Store Corp. and Subsidiaries Consolidated Balance Sheet December 31, 2013 and December 31 and January 1, 2012 (Unit: NT$1000)

December 31, 2013 December 31, 2012 January 1, 2012 Assets Note Amount % Amount % Amount % Current assets 1100 Cash and cash equivalence VI (I) $ 21,008,243 25 $ 20,024,944 24 $ 16,380,040 22 1110 Financial assets measured at fair VI (II) value through profit or loss-Current 7,204,752 9 6,162,576 8 7,520,591 10 1170 Net accounts receivable VI (V) and VII 3,858,220 5 4,257,352 5 3,706,756 5 1200 Other receivables 1,224,577 `2 2,408,354 3 1,905,512 3 1220 Current tax assets VI (XXX) 16,025 - 19,492 - 9,516 - 130X Inventory VI (VI) 10,172,436 12 10,609,550 13 10,468,975 14 1410 Prepayments 1,143,866 1 1,102,887 1 905,746 1 1460 Held-for-sale assets, net – VI (XII) non-current 1,171,130 1 - - - - 1470 Other current assets 652,367 1 560,638 1 281,678 - 11XX Total current assets 46,451,616 56 45,145,793 55 41,178,814 55 Non-Current assets 1523 Financial assets in VI (III) available-for-sale – non-current 7,386,501 9 8,036,369 10 8,152,951 11 1543 Financial assets measured at VI (IV) cost – non-current 485,619 1 541,452 1 607,978 1 1550 Investment under the equity VI (VII) method 874,882 1 870,137 1 857,440 1 1600 Property, plant and equipment VI (IX), VII and VIII 21,542,772 26 21,375,351 26 18,699,010 25 1760 Net Investment properties VI (X) (XXXII) 1,157,525 1 1,113,030 1 1,197,384 2 1780 Intangible assets VI (XI) (XIV) 1,205,388 1 1,395,529 2 1,044,036 1 1840 Deferred income tax assets VI (XXX) 1,053,433 1 980,775 1 696,925 1 1900 Other non-current assets VI (XIII) 3,340,232 4 2,757,748 3 2,607,248 3 15XX Total non-current assets 37,046,352 44 37,070,391 45 33,862,972 45 1XXX Total Assets $ 83,497,968 100 $ 82,216,184 100 $ 75,041,786 100

(To be continued)

~24~ President Chain Store Corp. and Subsidiaries Consolidated Balance Sheet December 31, 2013 and December 31 and January 1, 2012 (Unit: NT$1000)

December 31, 2013 December 31, 2012 January 1, 2012 Liabilities and equity Note Amount % Amount % Amount % Current liabilities 2100 Short-term debt VI (XV) and VIII $ 1,976,994 2 $ 3,037,639 4 $ 2,759,583 4 2110 Short-term notes and bills payable 305,000 - 390,000 1 240,000 - 2150 Notes payable VII 1,618,369 2 1,886,516 2 1,849,532 2 2170 Accounts payable 16,339,604 20 16,747,553 20 15,581,142 21 2180 Accounts payable-related VII parties 2,180,425 3 2,462,514 3 2,275,898 3 2200 Other accounts payable VI (XVI) 19,460,674 23 20,473,055 25 17,078,789 23 2230 Income tax liabilities in current VI (XXX) period 943,826 1 921,295 1 962,191 1 2260 Liabilities associated directly VI (XII) with held-for-sale non-current assets 414,531 - - - - - 2300 Other current liabilities VI (XVII) 3,897,155 5 3,333,552 4 3,032,656 4 21XX Total current liabilities 47,136,578 56 49,252,124 60 43,779,791 58 Non-Current liabilities 2540 Long-term debt payable VI (XVIII) and VIII 1,826,385 2 2,138,719 3 3,795,015 5 2570 Deferred income tax liabilities VI (XXX) 31,293 - 20,267 - 26,467 - 2600 Other non-current liabilities VI (XIX) (XX) 7,005,272 9 6,653,441 8 5,540,991 8 25XX Total non-current liabilities 8,862,950 11 8,812,427 11 9,362,473 13 2XXX Total liabilities 55,999,528 67 58,064,551 71 53,142,264 71 Equity attributable to the parent company Capital Stock VI (XXI) 3110 Capital-common stock 10,396,223 12 10,396,223 13 10,396,223 14 Capital Surplus VI (XXII) 3200 Capital Surplus 890,234 1 910,278 1 5,082 - Retained earnings VI (XXIII) 3310 Appropriated as legal capital reserve 5,931,412 7 5,253,820 6 4,618,579 6 3320 Appropriated as special capital reserve 338,453 - 768,822 1 - - 3350 Total Retained earnings-unappropriated 5,616,291 7 3,130,539 4 4,254,617 6 Other equities VI (XXIV) 3400 Other equities 567,263 1 377,016 - ( 611,594 ) ( 1 ) 31XX Equity attributable to the parent company 23,739,876 28 20,836,698 25 18,662,907 25 36XX Non-Controlling Interest 3,758,564 5 3,314,935 4 3,236,615 4 3XXX Total Shareholders' Equity 27,498,440 33 24,151,633 29 21,899,522 29 Total Liabilities and Shareholders' Equity $ 83,497,968 100 $ 82,216,184 100 $ 75,041,786 100

Please refer to the notes of consolidated financial statements and the audit report dated March 20, 2014 by CPA Hsiao, Chun-Yuan and Tseng, Hui-Chin of PRICEWATERHOUSECOOPERS Chairman: Lo, Chih-Hsieh President: Chen, Jui-Tang Chief Accountant: Chang, Sung-Hung ~25~ President Chain Store Corp. and Subsidiaries Consolidated Comprehensive Income Statement January 1 ~ December 31, 2013 and 2012 (Unit: NT$1000) (Except for earnings per share in NTD)

2013 2012 Items Note Amount % Amount % 4000 Operating revenue VI (XXV) and VII $ 200,610,839 100 $ 192,602,970 100 5000 Operating cost VI (XXVIII) ( 137,188,780 ) ( 68 ) ( 129,388,300 ) ( 67 ) 5900 Gross profit 63,422,059 32 63,214,670 33 Operating expenses VI (XXVIII) (XXIX) 6100 Marketing expense ( 45,111,247 ) ( 23 ) ( 46,570,118 ) ( 24 ) 6200 General and administration expenses ( 8,114,247 ) ( 4 ) ( 7,876,675 ) ( 4 ) 6000 Total operating expenses ( 53,225,494 ) ( 27 ) ( 54,446,793 ) ( 28 ) 6900 Operating income 10,196,565 5 8,767,877 5 Non-operating income and expense 7010 Other income VI (XXVI) 1,712,551 1 1,568,635 1 7020 Other gains and losses VI (XXVII) ( 586,079 ) - ( 1,644,173 ) ( 1 ) 7050 Financial cost ( 119,753 ) - ( 115,273 ) - 7060 Investments loss (gain) recognized under equity method 89,512 - 29,118 - 7000 Total Non-operating income and expense 1,096,231 1 ( 161,693 ) - 7900 Net income before tax 11,292,796 6 8,606,184 5 7950 Income tax expenses VI (XXX) ( 2,050,503 ) ( 1 ) ( 1,849,924 ) ( 1 ) 8000 Net income of the continuing department 9,242,293 5 6,756,260 4 8200 Net Income $ 9,242,293 5 $ 6,756,260 4 Other comprehensive income VI (XXIV) 8310 Foreign exchange differences from foreign operation $ 155,668 - ( $ 135,259 ) - 8325 Available-for-sale financial VI (III) assets unrealized gain in valuation 40,777 - 1,118,826 1 8360 Actuarial gains and losses of defined benefit ( 319,772 ) - ( 994,558 ) ( 1 ) 8399 Income tax related to the other VI (XXX) comprehensive profit and loss 50,949 - 170,428 - 8300 Other comprehensive net (loss) income ( $ 72,378 ) - $ 159,437 - 8500 Total comprehensive income $ 9,169,915 5 $ 6,915,697 4 Attributable to: 8610 Owner $ 8,036,752 4 $ 5,915,636 3 8620 Non-Controlling Interest 1,205,541 1 840,624 1 Total $ 9,242,293 5 $ 6,756,260 4 Total comprehensive profit and loss attributable to: 8710 Owner $ 7,965,390 4 $ 6,269,073 4 8720 Non-Controlling Interest 1,204,525 1 646,624 - Total $ 9,169,915 5 $ 6,915,697 4

Basic earnings per share VI (XXXI) 9750 Total Basic earnings per share $ 7.73 $ 5.69 Diluted earnings per share 9850 Total Diluted earnings per share $ 7.72 $ 5.68

President Chain Store Corp. and Subsidiaries Consolidated Statements of Changes in Shareholders’ Equity January 1 ~ December 31, 2013 and 2012 (Unit: NT$1000)

Equity attributable to the parent company Retained earnings Other equities Foreign exchange Available-for-sale Special differences financial assets Total Capital-common Capital Legal capital capital Unappropriated from foreign unrealized gains Non-Controlling Shareholders' Note stock surplus reserve reserve earnings operation and losses Total Interest Equity 2012 Balance at January 1, 2012 $ 10,396,223 $ 5,082 $ 4,618,579 $ - $ 4,254,617 $ - ( $611,594 ) $ 18,662,907 $ 3,236,615 $ 21,899,522 Appropriation and distribution of retained VI (XXIII) earnings in 2011: Legal capital reserve - - 635,241 - ( 635,241 ) - - - - - Special capital reserve - - - 768,822 ( 768,822 ) - - - - - Cash dividend - - - - ( 4,990,186 ) - - ( 4,990,186 ) - ( 4,990,186 ) Effects of the disposal of a subsidiary VI without losing control power (XXXIV) - 908,348 - - - - - 908,348 - 908,348 Equity effects of the changes in the shareholdings of the subsidiary without losing control power - ( 3,152 ) - - - - - ( 3,152 ) - ( 3,152 ) The impact of the subsidiary acquisition on the organizational structure - - - - ( 10,292 ) - - ( 10,292 ) - ( 10,292 ) Net income - 2012 - - - - 5,915,636 - - 5,915,636 840,624 6,756,260 Other comprehensive income VI (XXIV) - - - - ( 635,173 ) ( 133,615 ) 1,122,225 353,437 ( 194,000 ) 159,437 Changes in the non-controlling equities ------( 568,304 ) ( 568,304 ) Balance at December 31, 2012 $10,396,223 $910,278 $5,253,820 $768,822 $3,130,539 ( $133,615 ) $510,631 $20,836,698 $3,314,935 $24,151,633 2013 Balance at January 1, 2013 $10,396,223 $910,278 $5,253,820 $768,822 $3,130,539 ( $133,615 ) $510,631 $20,836,698 $3,314,935 $24,151,633 Appropriation and distribution of retained VI (XXIII) earnings in 2012: Legal capital reserve - - 677,592 - ( 677,592 ) - - - - - Special capital reserve (Reverse) - - - ( 430,369 ) 430,369 - - - - - Cash dividend - - - - ( 5,042,168 ) - - ( 5,042,168 ) - ( 5,042,168 ) Equity effects of the changes in the shareholdings of the subsidiary without losing control power - ( 20,044 ) - - - - - ( 20,044 ) - ( 20,044 ) Net income - 2013 - - - - 8,036,752 - - 8,036,752 1,205,541 9,242,293 Other comprehensive income VI (XXIV) - - - - ( 261,609 ) 151,560 38,687 ( 71,362 ) ( 1,016 ) ( 72,378 ) Changes in the non-controlling equities ------( 760,896 ) ( 760,896 ) Balance at December 31, 2013 $10,396,223 $890,234 $5,931,412 $338,453 $5,616,291 $17,945 $549,318 $23,739,876 $3,758,564 $27,498,440

Please refer to the notes of consolidated financial statements and the audit report dated March 20, 2014 by CPA Hsiao, Chun-Yuan and Tseng, Hui-Chin of PRICEWATERHOUSECOOPERS Chairman: Lo, Chih-Hsieh President: Chen, Jui-Tang Chief Accountant: Chang, Sung-Hung ~27~ President Chain Store Corp. and Subsidiaries Consolidated Statement of Cash Flow January 1 ~ December 31, 2013 and 2012 (Unit: NT$1000)

Note 2013 2012

CASH FLOWS FROM OPERATING ACTIVITIES: Consolidated net income before tax $ 11,292,796 $ 8,606,184 Adjustments for： Income or expenses items that do not affect cash flow Loss on valuation of financial asset VI (II) 1,225 ( 651 ) Uncollectable account (reversed gains) VI (V) 58,990 ( 2,558 ) Depreciation expense VI (XXVIII) 4,261,661 4,310,123 Amortizations VI (XXVIII) 394,267 400,773 Depreciation expense for investment property 15,792 15,327 Interest expenses 119,753 115,273 Investments loss (gain) recognized under equity method ( 89,512 ) ( 29,118 ) Gain on disposal of financial assets measured at VI (XXVII) cost ( 31,817 ) - Gains from the disposal of available-for-sale VI (XXVII) financial assets ( 30,539 ) ( 138 ) Gain on disposal of investments under the equity VI (XXVII) method ( 233,437 ) - Net loss from the disposal of property, plant and VI (XXVII) equipment 56,549 125,966 Interest income VI (XXVI) ( 134,915 ) ( 102,931 ) Dividend income VI (XXVI) ( 282,829 ) ( 243,584 ) Financial assets measured at cost- impairment VI (XIV) (XXVII) losses 19,323 20,000 Impairment loss of financial assets in VI (XIV) (XXVII) available-for-sale 276,834 1,234,977 Impairment loss - Intangible assets VI (XIV) (XXVII) 248,325 - Impairment loss of property, plant and equipment VI (XIV) (XXVII) (reversal gain) ( 25,593 ) 187 Changes in operating-related assets/liabilities Net changes in operating-related assets Financial assets at fair value through income statement ( 1,043,401 ) 1,358,666 Accounts receivable 340,142 ( 548,038 ) Other receivables 862,024 ( 502,887 ) Inventory ( 4,963 ) ( 140,575 ) Prepayments ( 40,979 ) ( 197,141 ) Other current assets ( 318,265 ) ( 518,856 ) Net changes in operating-related liabilities Notes payable ( 268,147 ) 36,984 Accounts payable ( 502,609 ) 1,353,027 Other accounts payable 202,896 3,314,505 Advance receipts ( 63,577 ) ( 83,331 ) Accrued pension liabilities ( 95,282 ) 147,226 Other non-current liabilities ( 99,903 ) 13,507 Cash inflow from operating activities 14,884,809 18,682,917 Interest received 134,213 102,976 Income tax paid ( 2,074,371 ) ( 1,906,695 ) Interest paid ( 73,699 ) ( 88,328 ) Cash dividends received 303,510 260,024 Net cash provided by operating activities 13,174,462 17,050,894 (To be continued)

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President Chain Store Corp. and Subsidiaries Consolidated Statement of Cash Flow January 1 ~ December 31, 2013 and 2012 (Unit: NT$1000)

Note 2013 2012

CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from capital reduction of investment under equity method $ 21,849 $ 86,000 Proceeds from capital reduction of financial assets measured at cost 34,376 43,950 Proceeds from the disposal of available-for-sale financial assets 444,165 402 Proceeds paid for the purchase of property, plant and VI (XXXIII) equipment ( 5,228,040 ) ( 7,037,863 ) Purchase of intangible assets VI (XI) ( 266,393 ) ( 507,852 ) Proceeds from the disposal of property, plant and equipment 133,374 190,065 Cash reclassified to held-for-sale assets – non-current VI (XII) ( 198,233 ) - Investment under the equity method - ( 86,020 ) Proceeds from the disposal of investments under the equity method 275,231 981,044 Liquidation dividend of available-for-sale financial assets 184 167 Proceeds from disposal of financial assets carried at cost 35,508 - (Increase)decrease in refundable deposits ( 89,948 ) ( 59,131 ) Increase in other assets- other ( 492,536 ) ( 91,369 ) Net cash outflow from investing activities ( 5,330,463 ) ( 6,480,607 ) Cash flows from financing activities Increase in short-term loans ( 1,060,645 ) 278,056 Increase (decrease) in short-term notes and bills payable ( 85,000 ) 150,000 Long-term loans 5,719,314 11,192,242 Repayment of long-term borrowings ( 5,891,784 ) ( 12,823,733 ) Long-term notes and accounts payable ( 139,864 ) ( 24,805 ) Increase in guarantee deposits received 249,799 188,962 Changes in the non-controlling equities ( 761,912 ) ( 762,304 ) Cash dividend distributed VI (XXIII) ( 5,042,168 ) ( 4,990,186 ) Net cash outflow from financing activities ( 7,012,260 ) ( 6,791,768 ) Accumulated effect of foreign exchange rate on financial statements 151,560 ( 133,615 ) Cash and cash equivalents increase 983,299 3,644,904 Beginning balance of cash and cash equivalents 20,024,944 16,380,040 Ended balance of cash and cash equivalents $ 21,008,243 $ 20,024,944

Please refer to the notes of consolidated financial statements and the audit report dated March 20, 2014 by CPA Hsiao, Chun-Yuan and Tseng, Hui-Chin of PRICEWATERHOUSECOOPERS

Chairman: Lo, Chih-Hsieh President: Chen, Jui-Tang Chief Accountant: Chang, Sung-Hung

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Appendix V Profit Allocation Proposal for 2013 Unit: NTD Item Amount Retained earnings-unappropriated in previous year 1,535,525,051 Less: The impact of the adjustment of the change of IFRS for the retained earnings at the beginning of 2013 3,694,376,842 After-adjusted retained earnings at the beginning of 2013(Accumulated loss) (2,158,851,791) Less: The impact of loss of defined benefit plans 261,609,148 After-adjusted earnings-unappropriated (Accumulated loss) (2,420,460,939) Add: Net income in 2013 8,036,751,524 Subtotal 5,616,290,585 Less: Legal reserve 561,629,059 Add: Special reserve 338,453,108 Distributable earnings in 2013 5,393,114,634 Less: Cash dividends to common shareholders 5,354,054,613 (NT$5.15 per shares) Retained earnings-unappropriated, at the end of 2013 39,060,021

Note: 1. The earnings of 2013 were allocated as the first priority in the current year, and the deficit was made up by the earnings unappropriated by the end of 2012. 2. The total cash dividends allocated to each shareholder were rounded off to NT$. 3. The fractional stocks less than NT$1 in the allocation were transferred to Employee Welfare Committee. 4. The cash bonus to be allocated to employees totaled NT$323,586,878; and remuneration to directors totaled NT$107,862,293

Chairman: Lo, Chih-Hsieh President: Chen, Jui-Tang Chief Accountant: Chang, Sung-Hung

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Appendix VI

Effect of Stock Dividend Distribution on the Company’s Business Performance, Earnings Per Share and Return on Equity The Company does not distribute stock dividends this year, so there is no impact.

Information About Employees Bonus and Remuneration to Directors According to SFC’s official letter under Ching-Kuan-Chen-6-Tze No. 0960013218 dated March 30, 2007, the allocation of earnings proposed by the Board of Directors is disclosed as following: 1. The cash bonus to be allocated to employees totaled NT$323,586,878; and remuneration to directors totaled NT$107,862,293. The bonus to employees was distributed in cash. 2. For the year ended December 31, 2013, estimated accrued bonus to employees and remuneration to directors amounted to NT$323,586,878 and NT$107,862,293 respectively, The total of employees' bonus and remuneration to directors to be allocated is not different from the estimated accrued bonus to employees and remuneration to directors.

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Appendix VII

Contrast Table for Amendments to the Procedures for Acquisition and Disposal of Assets of President Chain Store Corp.

Article Post-amendment Contents Pre-amendment Contents Remarks numbers Chapter One II. Real estate (including land, II. Real estate and other fixed Duly amended General buildings & constructions, assets. in accordance Provisions investment-oriented real estate, with laws and Two-II rights for land use) and ordinances equipment. concerned. Chapter One II. Assets acquired or disposed II. Assets acquired or disposed Duly amended General through mergers, demergers, through mergers, demergers, in accordance Provisions acquisitions, or transfer of shares acquisitions, or transfer of shares with laws and Three-II-VI in accordance with law: This in accordance with law: This ordinances refers to assets acquired or refers to assets acquired or concerned. disposed through mergers, disposed through mergers, demergers, or acquisitions demergers, or acquisitions conducted under the Business conducted under the Business Mergers and Acquisitions Act, Mergers and Acquisitions Act, Financial Holding Company Law, Financial Holding Company Financial Institution Merger Act Law, Financial Institution and other acts, or to transfer of Merger Act and other acts, or to shares from another company transfer of shares from another through issuance of new shares of company through issuance of its own as the consideration new shares of its own as the therefor (hereinafter referred to as consideration therefor “transfer of shares”) under Article (hereinafter referred to as 156, paragraph 8 of the Company “transfer of shares”) under Law. Article 156, paragraph 6 of the III. Related parties, subsidiaries: Company Law. To be duly defined in accordance III. Related parties: Pursuant to with the Regulations Governing the definition under Statement of the Preparation of Financial Financial Accounting Standard Reports by Securities Issuers. No. 6 announced by the IV. Professional appraiser: This Accounting Research and refers to a real property appraiser Development Foundation of the or other person duly authorized by Republic of China. law to engage in the value IV. Subsidiary: Pursuant to the

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Article Post-amendment Contents Pre-amendment Contents Remarks numbers appraisal of real property, definition under Statement of equipment. Financial Accounting Standards V. Date of occurrence: This refers No. 5 & 7 announced by the to the date of contract signing, Accounting Research and date of payment, date of Development Foundation of the consignment trade, date of Republic of China. transfer, dates of boards of V. Professional appraiser: This directors resolutions, or other date refers to a real property appraiser that can confirm the counterpart or other person duly authorized and monetary amount of the by law to engage in the value transaction, whichever date is appraisal of real property, other earlier; provided, for investment fixed assets. for which approval of the VI. Date of occurrence: This competent authority is required, refers to the date of contract the earlier of the above date or the signing, date of payment, date of date of receipt of approval by the consignment trade, date of competent authority shall apply. transfer, dates of boards of VI. Mainland China area directors resolutions, or other investment: This refers to date that can confirm the investments in the mainland counterpart and monetary China area approved by the amount of the transaction, Ministry of Economic Affairs whichever date is earlier; Investment Commission or provided, for investment for conducted in accordance with the which approval of the competent provisions of the Regulations authority is required, the earlier Governing Permission for of the above date or the date of Investment or Technical receipt of approval by the Cooperation in the Mainland competent authority shall apply. Area. Vii. Mainland China area investment: This refers to investments in the mainland China area approved by the Ministry of Economic Affairs Investment Commission or conducted in accordance with the provisions of the Regulations Governing Permission for Investment or Technical

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Article Post-amendment Contents Pre-amendment Contents Remarks numbers Cooperation in the Mainland Area. Chapter One I. Trading of fixed assets: I. Trading of fixed assets: In General Trading of fixed assets shall Trading of fixed assets shall coordination Provisions first call for appraisal as set first call for appraisal as set with Four-I forth under Four-IX of these forth under Four-IX of these adjustment of Procedures. For trading of Procedures. For trading of the real estate, the Department of real estate, the Department of organization Development and Development and Department Administrative Service Team. of General Affairs shall take Department of General Affairs charge through tendering, shall take charge through price competition or price tendering, price competition or negotiation with reference to price negotiation with the result of appraisal after the reference to the result of General Manager approves. appraisal after the General For amounts of other fixed Manager approves. For assets, the Department of amounts of other fixed assets, Management shall duly the Department of handle the trading based on Management shall duly handle the norms of authorization the trading based on the norms after being approved by the of authorization after being authorized department head. approved by the authorized Of the transactions, the department head. Of the trading of real estate not in transactions, the trading of real use by the Retail Sales shall estate not in use by the Retail be subject to (retrospective) Sales shall be subject to acknowledgement by the (retrospective) board of directors and shall be acknowledgement by the board reported to the shareholders’ of directors and shall be meeting for information in a reported to the shareholders’ trading case in amount meeting for information in a beyond NT$500 million. trading case in amount beyond NT$500 million. Chapter One (I) In a case of acquisition or (I) In a case of acquisition or In the wake of General disposal of negotiable securities disposal of negotiable securities status change Provisions by the Company, the latest by the Company, the latest as of July 1, Four-IX-(I) financial report of the target financial report of the target 2012, the

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Article Post-amendment Contents Pre-amendment Contents Remarks numbers company duly certified or audited company duly certified or Financial by the Certified Public audited by the Certified Public Supervisory Accountant(s) shall be obtained Accountant(s) shall be obtained Commission, before date of occurrence. In a before date of occurrence. In a Executive case of acquisition or disposal of case of acquisition or disposal of Yuan was negotiable securities, up to 20% negotiable securities, up to 20% restructured of the Company’s paid-in capital of the Company’s paid-in capital into Financial or NT$300 million in amount, the or NT$300 million in amount, Supervisory Certified Public Accountant(s) the Certified Public Commission. shall be consulted for opinions Accountant(s) shall be consulted The wording is about the rationality of the prices for opinions about the rationality amended in the trading before date of of the prices in the trading before accordingly. occurrence. In the event that the date of occurrence. In the event Certified Public Accountant that the Certified Public adopts an expert report, the case Accountant adopts an expert shall be duly handled in report, the case shall be duly accordance with Statement of handled in accordance with Auditing Standards No. 20 Statement of Auditing Standards published by the Accounting No. 20 published by the Research and Development Accounting Research and Foundation (ARDF) unless the Development Foundation target negotiable securities are (ARDF) unless the target quoted in public in active markets negotiable securities are quoted or meet the requirements in public in active markets or promulgated by the Financial meet the requirements Supervisory Commission, promulgated by the Financial (hereinafter referred to as Supervisory Commission, Financial Supervisory Executive Yuan (hereinafter Commission). referred to as Financial Supervisory Commission).

Chapter One (II) In a case of acquisition or (II) In a case of acquisition or Duly amended General disposal of real estate or disposal of real estate or other in accordance Provisions equipment by the Company, fixed assets by the Company, with laws and Four-IX-(II) except a transaction with except a transaction with ordinances government authority, an government authority, an concerned. arrangement on engaging others arrangement on engaging others to build on the Company's own to build on the Company's own

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Article Post-amendment Contents Pre-amendment Contents Remarks numbers land, engaging others to build on land, engaging others to build on rented land, acquisition or rented land, acquisition or disposal of machinery & disposal of machinery & equipment to be used for business equipment to be used for operation, where the trading business operation, where the amount is up to 20% of the trading amount is up to 20% of Company’s paid-in capital or up the Company’s paid-in capital or to NT$300 million, the appraisal up to NT$300 million, the report issued by a professional appraisal report issued by a appraiser shall be obtained before professional appraiser shall be the date of occurrence (which obtained before the date of shall bears the in particulars as occurrence (which shall bears the detailed in Appendix No. I). The in particulars as detailed in case shall further satisfy the Appendix No. I). The case requirements enumerated below: shall further satisfy the requirements enumerated below:

Chapter One 3. Where the prices appraised by 3. Where the prices appraised by Duly amended General the professional appraisers are the professional appraisers are in accordance Provisions found meeting any among the found meeting any among the with laws and Four-IX-(II)-3 circumstances enumerated below, circumstances enumerated below, ordinances unless all prices appraised for the unless all prices appraised for the concerned. assets to be acquired are higher assets to be acquired are higher than the trading prices or all prices than the trading prices or all appraised for the assets to be prices appraised for the assets to disposed of are lower than the be disposed of are lower than the trading prices, the personnel in trading prices, the personnel in charge should request the charge should request the Certified Public Accountant(s) to Certified Public Accountant(s) to duly handle in accordance with duly handle in accordance with Statement of General Auditing Statement of General Auditing Procedures No. 20 published by Procedures No. 20 published by the Accounting Research and the ARDF, Republic of China Development Foundation of the and to issue concrete opinions Republic of China (hereinafter about the appropriateness of the referred to as ARDF) and to issue reasons of difference and trading concrete opinions about the prices: appropriateness of the reasons of

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Article Post-amendment Contents Pre-amendment Contents Remarks numbers difference and trading prices: Chapter One (III) Where the Company acquires (III) Where the Company Duly amended General real estate from a related party, acquires real estate from a related in accordance Provisions except a case under three party, except a case under three with laws and Four-IX-(III) circumstances, i.e., where the circumstances, i.e., where the ordinances related party obtained the real related party obtained the real concerned. estate as a result of inheritance or estate as a result of inheritance or as a gift, where the contract was as a gift, where the contract was signed by the related party on signed by the related party on acquirement of the real estate acquirement of the real estate more than five years before more than five years before execution of the Agreement in the execution of the Agreement in present acquirement or where the the present acquirement or where land is acquired under an the related party obtained the real arrangement on engaging others to estate under the contract of build on the Company's own land, construction cooperation, the engaging others to build on rented rationality of the transaction land or where the related party costs shall be appraised in the was delegated to erect real estate, following means and a Certified the rationality of the transaction Public Accountant shall be costs shall be appraised in the consulted with for recheck and following means and a Certified for issuing concrete opinions: Public Accountant shall be consulted with for recheck and for issuing concrete opinions: Chapter One (IV) Where the Company acquires (IV) Where the Company Duly amended General or disposes of memberships or acquires or disposes of in accordance Provisions intangible assets in amounts up to memberships or intangible assets with laws and Four-IX-(IV) 20% of the Company’s paid-in in amounts up to 20% of the ordinances capital or up to NT$300 million, Company’s paid-in capital or up concerned. except a transaction with the to NT$300 million, the Company government, the Company shall shall consult with a Certified consult with a Certified Public Public Accountant for opinions Accountant for opinions about the about the rationality of the rationality of the transaction transaction prices. The prices. The Certified Public Certified Public Accountant shall Accountant shall then duly act in then duly act in accordance with accordance with the Statement of the Statement of General

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Article Post-amendment Contents Pre-amendment Contents Remarks numbers General Auditing Procedures No. Auditing Procedures No. 20 20 published by the Accounting published by the Accounting Research and Development Research and Development Foundation of the Republic of Foundation of the Republic of China (hereinafter referred to as China (hereinafter referred to as ARDF). ARDF). Chapter One II. Standards for public II. Standards for public Duly amended General announcement and declaration for announcement and declaration in accordance Provisions assets acquired or disposed of: for assets acquired or disposed with laws and Five-II-(I) (I) Acquisition or disposal of real of: ordinances property from or to a related party, (I) Acquisition or disposal of real concerned. or acquisition or disposal of assets property from or to a related other than real property from or to party, or acquisition or disposal a related party where the of assets other than real property transaction amount reaches 20% from or to a related party where or more of paid-in capital, 10% or the transaction amount reaches more of the Company's total 20% or more of paid-in capital, assets, or NT$300 million or 10% or more of the Company's more; provided, this shall not total assets, or NT$300 million apply to trading of government or more; provided, this shall not bonds or bonds under repurchase apply to trading of government and resale agreements, purchase bonds or bonds under repurchase or redemption of fund in the and resale agreements. domestic money markets.

Chapter One 2. Securities trading by 2 Securities trading by Duly amended investment professionals on General investment professionals on in accordance foreign or domestic securities Provisions exchanges or over-the-counter foreign or domestic securities with laws and Five-II-(IV)-2 markets, or subscription of exchanges or over-the-counter ordinances securities by a securities firm, or markets, or subscription of concerned. securities subscribed by securities firms in the primary markets and securities by a securities firm. duly purchased under the specified requirements. Chapter One 3. Trading of bonds under 3. Trading of bonds under Duly amended General repurchase/resale agreements, repurchase/resale agreements. in accordance Provisions subscription or redemption of with laws and Five-II-(IV)-3 domestic money market funds. ordinances concerned.

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Article Post-amendment Contents Pre-amendment Contents Remarks numbers Chapter Two Where the Company acquires or Where the Company acquires or Duly amended Transactions disposes of real estate with a disposes of real estate with a in accordance with related related party or acquires or related party or acquires or with laws and parties disposes of assets other than real disposes of assets other than real ordinances estate with a related party in estate with a related party in concerned. amounts up to 20% of the amounts up to 20% of the Company’s paid-in capital, 10% Company’s paid-in capital, 10% of the aggregate assets or up to of the aggregate assets or up to NT$300 million, except trading of NT$300 million, the Company government bonds, bonds with shall submit documents of the terms of repurchase or resale, following contents to be subscription to or redemption of approved by the board of funds in domestic money markets, directors. The transaction the Company shall submit contract shall not be executed documents of the following and payment shall not be contents to be approved by the released until then: board of directors. The transaction contract shall not be executed and payment shall not be released until then: Chapter Three II. Other department head II. Other department head Duly amended Derivative (supervisor) authorized by the (supervisor) authorized by the in accordance financial Company’s General Manager or Company’s General Manager or with laws and instruments board of directors shall be board of directors shall be ordinances Fifteen-II watchful of the superintendence watchful of the superintendence concerned. and control over the transaction and control over the transaction risks of derivative financial risks of derivative financial instruments and shall, on a regular instruments and shall, on a basis, whether the procedures regular basis, whether the currently adopted for risk control procedures currently adopted for are appropriate and whether the risk control are appropriate and Company has duly acted pursuant whether the Company has duly to the procedures. Subsequently acted pursuant to the procedures. thereafter, it shall be submitted to The board of directors shall, as the immediately following board well, assess the performance in of directors meeting. The board transaction of derivative of directors shall, as well, assess financial instruments is the performance in transaction of consistent with the established

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Article Post-amendment Contents Pre-amendment Contents Remarks numbers derivative financial instruments is managerial strategies to make consistent with the established sure that the risks the Company managerial strategies to make sure is subject to are within the that the risks the Company is tolerable limit. subject to are within the tolerable limit. Chapter Three (II) Superintend the performance (II) Superintend the performance Duly amended Derivative in transaction and profit and/or in transaction and profit and/or in accordance financial loss, and take countermeasures as loss, and take countermeasures with laws and instruments necessary and immediately report as necessary and immediately ordinances Fifteen-III-(II) to the immediately ensuing board report to the board of directors concerned. of directors whenever whenever abnormalities are abnormalities are noticed. noticed.

Chapter Five Twenty-six. The terms of 10% (Newly increased) Duly amended of aggregate assets under the Other in accordance Procedures shall be calculated significant based on amounts of the aggregate with laws and events assets shown in the latest Parent ordinances Twenty-six Company Only or respective concerned. financial reports. Twenty-seven The version amended as of June The version amended as of June Addition of 2012 be nullified. 2011 be nullified. date of latest The version amended as of June The version amended as of June amendment. 2014. 2012.

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Appendix VIII

Details of the duties subject to releasing Directors from non-competition

Name of Current Position in Other Company Director Lo, Chairman：Uni-President Enterprises Corp.；Ton Yi Industrial Corp；TTET Union Chih-Hsien Corporation；International Development Corp.；Presco Netmarketing Inc； President Packaging Corp.；Uni-President Dream Parks Corp.；Uni-OAO Travel Service Corp.；Xin-Ya Enterprises Corp.；Tung-Hsiang Enterprises Corp.；Tung-Shun Enterprises Corp.；President Natural Industrial Corp.； President Century Corp.；Kai Yu Investment Co., Ltd.；Kai Nan Investment Co., Ltd；Uni-President (Vietnam) Co.,Ltd.；Uni-President (Thailand) Ltd.； Uni-President (Philippines) Corp.；Changjiagang President Nisshin Food Co., Ltd.；Sanshui jianlibao Commerce Co., Ltd.；Uni-President China Holdings Ltd. (Cayman)；President Enterprises (China) Investment Co., Ltd.；Tong Ren Corp.；Beijing President Food Co., Ltd.；Beijing President Enterprises Drinks & Food Co., Ltd.；Wuhan President Enterprises Food Co., Ltd.；Kunshan President Enterprises Food Co., Ltd.；Kunming President Enterprises Corp.； Chengdu President Enterprises Food Co., Ltd.；Guangzhou President Enterprises Co., Ltd.；Shenyang President Enterprises Co., Ltd.；Harbin President Enterprises Co., Ltd.；Hefei President Enterprises Co., Ltd.；Fuzhou President Enterprises Co., Ltd.；Nanchang President Enterprises Co., Ltd.； Zhengzhou President Enterprises Co., Ltd.；Bama President Mineral Water Co., Ltd.；Zixi President Enterprises Drinks & Food Co., Ltd.；Uni-President (Chengdu) The Skillful Noodle Restaurant Dining Culture Co., Ltd.； Changsha President Enterprises Co., Ltd.；Zhanjiang President Enterprise Co., Ltd.；Nanning President Enterprise Co., Ltd.；Taizhou President Enterprises Co., Ltd.；Chongqing President enterprise Co,. Ltd.；Changchun President Enterprise Co,. Ltd.；Uni-President Shanghai Pearly Century Co., Ltd.； Uni-President Enterprises (Shanghai) Management Consulting Co., Ltd.； Shijiezhuanng President Enterprise Co., Ltd.；Hainan President Enterprise Co., Ltd.；Wuxue President Mineral Water Co., Ltd.；Jinan President Enterprise Co., Ltd.；Baiyin President Enterprise Co., Ltd.；Xuzhou President Enterprise Co., Ltd.；Guiyang President Enterprises Co., Ltd.；Xinjiang President Enterprises Food Co., Ltd.；Akesu President Enterprise Co., Ltd.； Hangzhou President Enterprise Co., Ltd.；Henan President Enterprises Co., Ltd.；Shanxi President Enterprises Corp.；President (Shanghai) Trading Co., Ltd.；Uni-President Trading (Kunshan) Co., Ltd.；Wuyuan President Mineral Water Co., Ltd.；Jangsu President Enterprises Co., Ltd.；Uni-President

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Name of Current Position in Other Company Director Enterprises (ChangBai Mountain jilin) Mineral Water Co., Ltd.；Uni-President Enterprises (Shanghai) Co.,Ltd.；Uni-President Enterprises (Kunshan) Food Technology Co., Ltd.；Uni-President Enterprises (Ningxia) Co., Ltd.； Uni-President Enterprises (Inner Mongolia) Co., Ltd.；Uni-President Enterprises (Shanxi) Co., Ltd. ；Uni-President Enterprise (Beijing) Drink&Food Co., Ltd.；Uni-President Enterprises (Hutubi) Tomato Products Technology Co.,Ltd. Vice Chairman：Yantai North Andre Juice Co., Ltd.；Jinmailang Beverage (Beijing) Co., Ltd.；Zhejiang Uni-Champion Logistics Development Co., Ltd.；Time Square International Co., Ltd.；Prince Housing Development Corp.；President Nisshin Corp. Director ：President Baseball Team Corp.；Nanlien International Corp.；Uni-President Cold Chain Corp. ； Uni-President Development Corp. ； President Entertainment Corp.；Tung Ho Development Corp.；Uni-President Organics Corp. ； President Fair Development Corp. ； Tainan Spinning Retail & Distribution Co., Ltd.；Tait Marketing & Distribution Co., Ltd.；Retail Support International Corp.；President Coffee Corp.；Kuang Chuan Dairy Co., Ltd.；Kuang Chuan Foods Co., Ltd；ScinoPharm Taiwan Ltd .；PK Venture Capital Corp.；Uni-President Glass Industrial Co., Ltd.；Presicarre Corp.；Tone Sang Construction Corp.；Ming Da Enterprises Co., Ltd.；Keng Ting Enterprises Co., Ltd.；Cheng-Shi Investment Holding Co.；Prince Property Management Consulting Co.；Prince Corp.；Weilih Food Corp.； Tong Yu Investment Corp.；Uni-Splendor Corp.；Uni-President Dream Parks Corp, Shanghai；President Kikkoman Zhenji Foods Co., Ltd.；Uni-President International (HK) Co., Ltd.；Champ Green Capital Limited；Champ Green (Shanghai) Consulting Co. Ltd.；Uni-President Enterprises (Kunshan) Real Estate Development Co.,Ltd.；PCS (Labuan) Holdings Ltd.，Uni-President Asia Holdings Ltd ； Uni-President Asia Holdings Ltd. ； Uni-President Southeast Asia Holdings Ltd.；President Energy Development (Cayman Islands) Ltd.；PT ABC President Indonesia；President Packing Holdings Ltd.；Cayman President Holdings Ltd.；Kai Yu(BVI) Investment Co., Ltd. President：Uni-President Enterprises Corp.；Presco Netmarketing Inc.；Kai Yu Investment Co., Ltd.；Kai Nan Investment Co., Ltd. Kao, Chin-Yen Director：Uni-President Enterprises Corp.；President Fair Development Corp.；Ton Yi Industrial Corp.；International Development Corp.；Tainan Spinning Co., Ltd.；Kao Chyuan Investment Co., Ltd.；President Chain Store (BVI) Holdings Ltd. Lin, Chairman：Uni-President Cold-Chain Corp.；President Coffee Corp.；Shanghai President Chang-Sheng Starbucks Coffee Corp.；Ton Yu Investment Corp. Director：Uni-President Enterprises Corp.；Ton Yi Industrial Corp.；TTET Union

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Name of Current Position in Other Company Director Corporation；ScinoPharm Taiwan, Ltd.；Nanlien International Corp.；President Kikkoman Inc.；Uni-President Assets Management Co., Ltd.；Uni-President China Holdings Ltd. (Cayman)；President Coffee (Cayman) Holdings Ltd.； Uni-President Logistics (BVI) Holdings Ltd. Lin, Lung-Yi Director ：Retail Support International Corp.；Nanlien International Corp.；President Kikkoman Inc.；President Drugstore Business Corp.；ScinoPharm Taiwan, Ltd.；Ton Yi Industrial Corp.；Uni-President China Holdings Ltd. (Cayman)

Kao, Chairman：Kao Chuan Investment Co., Ltd.；President Being Corp.；President Fair Hsiu-Ling Development Corp.；Uni-President Department Store Corp；President Pharmaceutical Corp.；President (Sanghai) Health Product Trading Company Ltd. Director：ScinoPharm Taiwan Ltd.；Ton Yi Industrial Corp.；President International Development Corp.；President Drugstore Business Corp.；Uni-President Enterprises Corp.；Uni-President Development Corp.；Prince Housing & Development Corp.；President Securities Corp.；Time Square International Co., Ltd. Su, Chairman：Uni-President Development Corp.； President Life Sciences Co., Ltd. Tsung-Ming Director：President International Development Corp.； Uni-President China Holdings Ltd. (Cayman)； Uni-President Hong Kong Holdings Limited； President Fair Development Corp.； Tainan Spinning Retail & Distribution Co., Ltd.； President Tokyo Corp.； President Tokyo Auto Leasing Corp.； UNI-PRESIDENT TC-LEASE(CAYMAN) CORPORATION； Tong Yu Investment Corp.； Kai Yu Investment Co., Ltd.； Kai Nan Investment Co., Ltd.； ScinoPharm Taiwan Inc.； Puppetmotion Entertainment Co., Ltd.； CDIB & Partners Investment Holding Corp.； Kanh Na Hsiung Enterprise Co., Ltd.； SYNergy ScienTech Corp.； Uni-Splendor Corp.； Xiang Lu Industrial Ltd.； Tong Ting Gas Corp.； Kuan Tang Industrial Harbor Corp.； Outlook Investment Pte. Ltd.； AndroSciences Corp.； Tanvex Biologics, Inc.； Uni-Home Tech Corp.； President Life Sciences Cayman Co., Ltd.； President (BVI) International Investment Holdings Ltd.； President Energy Development (Cayman Islands) Ltd. President : President International Development Corp.； President Life Sciences Co., Ltd. Wu, Director：Kuang Chuan Dairy Co., Ltd.； Kuang Chuan Foods Co., Ltd.； Ton Yi Chung-Pin Pharmaceutical Corp.； Uni-President Hong Kong Holdings Limited； President Enterprises (China) Investment Co., Ltd.； President International Trade & Investment Corp.； Prince Housing & Development Corp.； Time Square International Co., Ltd.

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Name of Current Position in Other Company Director Yang, Chairman：Tung Chu Enterprises Corp.； President Global Corp. Wen-Long Director：Uni-President Vendor Corp.； Tait Marketing & Distribution Co., Ltd.； President International Development Corp.； Tung-Ang Enterprises corp.； President Enterprises (China) Investment Co., Ltd.； Sanshui jianlibao Commerce Co., Ltd.； Uni-President (Thailand) Ltd.； Uni-President Marketing Co., Ltd.； Uni-President (Vietnam) Co., Ltd.； Sai Gon Beverages Joint Stock Company； PT. ABC President Indonesia Chen, Chairman：President Drugstore Business Corp.； President Yilan Art and Culture Corp.； Jui-Tang President Transnet Corp.； President Collect Services Co., Ltd.； Retail Support International Corp.； President Musashino Corp.； Ren-Hui Investment Corp.； President Chain Store (Shanghai) Ltd. Director：President Chain Store (Hong Kong) Holdings Limited； Uni-President Department Store Corp.； President Being Corp.； 21 Century Enterprise Co., Ltd.； President Coffee Corp.； Wisdom Distribution Service Corp.； Uni-President Cold-Chain Corp.； President International Development Corp.； President Development Corp.； President Pharmaceutical Corp.； President Chain Store (BVI) Holdings Ltd.； President Chain Store (Labuan) Holdings Ltd.； PCSC (China) Drugstore Limited； Shan Dong President Yinzuo Commercial Limited； Shanghai President Starbucks Coffee Corp.； Philippine Seven Corp.； President Coffee (Cayman) Holdings Ltd.； Nanlien International Corp. President：Ren-Hui Investment Corp. Lai, Nan-Bey Chairman：Duskin Serve Taiwan Co.； Bank Pro E-Service Technology Co., Ltd.； PCSC (Vietnam) Supermarket Ltd. Vice Chairman：Philippine Seven Corp. Director ：Books.com. Co., Ltd.； President Drugstore Business Corp.； Mech-President Corp.； President Transnet Corp.； President Collect Services Co., Ltd.； Uni-President Department Store Corp.； President Organics Corp.； President SATO Co., Ltd.； Q-ware Systems & Services Corp.； Ren-Hui Investment Corp.； Sato (Shanghai) Catering Mathematics Co., Ltd.； Tung Ho Development Corp. Wang, Independent Director： Xintec Inc.； Global Unichip Corp.； Cosmos Bank Wen-Yeu Chen, Director ：Ampoc Far-East Co., Ltd.； Kedge Construction Co., Ltd.； Global Mall Co., M.David Ltd.

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