Notice Regarding Transfer of Shares Issued by Third Party Allotment (PDF:29KB)

December 29, 2017

[Translation]

Company name: Sharp Corporation

Name of representative: J.W. Tai

President & Chief Executive Officer

(Code: 6753)

Notice Regarding Transfer of Shares Issued by Third Party Allotment

We hereby announce the receipt of a report from the allotee in the issuance of our Class C shares dated August 12, 2016, stating that the allotee made an agreement regarding the transfer of these shares to a third party ("the Shares").

• 1. Name and address of the allotee and number of shares allotted on October 12, 2016

  Name	Hon Hai Precision Industry Co., Ltd.
  Address	66 Chung-Shan Road, Tu-cheng Industrial Area, New Taipei City, Taiwan, R.O.C.
  Number of shares allotted	1,136,363 Class C shares (as a result of the effect of the reverse stock split carried out on October 1, 2017)

• 2. The name and address of who will acquire the Shares

  Name	ES Platform LP
  Address	Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands

• 3. Number of Shares to be transferred 1,136,363

• 4. Date of transfer

  January 30, 2018 (plan)

• 5. The price of the transfer and the manner of the transfer

  JPY 352,490,711,696 (JPY310,192 per Target Share) By way of an off-market transaction

• 6. Reason for the transfer

According to Hon Hai Precision Industry Co., Ltd., the purpose of the transfer of the Shares to ES Platform LP, a limited liability company composed of executives and employees of their group companies ("Hon Hai Group"), is to establish an incentive program within the company for Hon Hai Group executives and employees.

Since this will lead to Hon Hai Group executives and employees holding incentive against Sharp's corporate value and improvement of its share value, Sharp has resolved this transfer at its board meeting.

End