AU Optronics : AUO to Fortify Operational Deployment for Accelerated Value Transformation

For long-term strategic development and accelerated value transformation, AU Optronics Corp. ('AUO' or the 'Company') (TAIEX: 2409; NYSE: AUO) today announced its new personnel arrangement. TY Lin, Senior Associate Vice President, will be promoted to Vice President & General Manager of AUO's Mobile Solutions Business Group. Vice President Sean Chen will be transferred to the Corporate Development Office. The Company will set up a new Sustainability Development with Amy Ku, incumbent Vice President of Human Resource, being the Chief Sustainability Officer. The new personnel arrangement will be in effect on March 1, 2018.

'Due to the rapidly changing environment and growing global competition, company organization has to evolve and adapt on a continuous basis. AUO has long been committed to the cultivation of professional talents. Through regular job rotation and organizational adjustment, exceptional employees in managerial positions are able to develop cross-sector horizon and broaden management scope to meet future challenge and more requirements for growth,' said Paul SL Peng, AUO's Chairman and CEO. 'The arrangement will sharpen the organization's combat readiness and competitive edge, spurring new momentum for the Company's operation and development. Furthermore, to build closer ties between corporate sustainability and core operation strategies, the position of Chief Sustainability Officer is formally placed within the Company. By actively implementing sustainable practices, creating social influences, and generating more value for stakeholders, the Company will grow to become an outstanding sustainable enterprise.'

TY Lin, the new Vice President & General Manager of AUO's Mobile Solutions Business Group, obtained his Master's Degree in Industrial Engineering from Chung Yuan Christian University in Taiwan. He joined AUO in 1998 and had since then worked in various functions including manufacturing and quality management, and had also been transferred to BenQ Materials to serve as President. In 2015, Lin returned to AUO and headed the Video Solutions Product Business Unit and then Solar Business. The Company hopes for Lin to apply his professional knowledge and practical experience to further the development of Mobile Solutions Business Group.

Sean Chen, the current head of Mobile Solutions Business Group, will serve as Vice President of Corporate Development Office to set and promote company development strategies, and to lead intellectual property management and build patent strategies. Chen has served as head of diverse functions including manufacturing, sales and marketing of video solutions display products, and operation of the Mobile Solutions Business Group. He has accumulated profound industry experience to help the Company leverage market trends and development opportunities.

AUO's Sustainability Development is the newly established function based on the core concept of corporate sustainable management. Amy Ku, the new Chief Sustainability Officer, will be in charge of the strategic direction of corporate sustainable development, stakeholder relations and communication, and corporate sustainable culture building and promotion. It is hoped that through concrete targets and execution, the Chief Sustainability Officer, serving as the center, will help drive even more momentum for sustainability to take hold in all respects.