Tranche Update on Advance Materials Corporation's Equity Buyback Plan announced on May 10, 2016.

Advance Materials Corporation is principally engaged in the manufacture, processing and distribution of glass fiber cloth prepregs (PPs) and copper clad laminates (CCLs), the trading of chemicals and the contracted lamination of various printed circuit boards (PCBs). The Company is also engaged in the sale of imaging solder resist inks and various glues for substrate materials, the trading of other related electronic materials, as well as the sale of touch panel materials and hard and soft composite plate materials. The Company distributes its products in Taiwan and other markets in Asia.