104 Corporation (TSE:3130)

A Total Solution Provider in the Chinese HR Services Market

June 2017

Safe Harbor Statement

This presentation contains some forward-looking statements that are subject to substantialrisks and uncertainties. Typically, these statements contain words such as “anticipate,"“believe,” “could,” “estimate,” “expect,” “intend,” “plan,” ‘’forecast,” “project,” “predict,”“potential,” “continue,” “may,” “should,” “will” and “would” or similar words. You shouldconsider these forward-looking statements carefully because such statements are only ourexpectations or projections about future events; and actual results may differ materially fromthose expressed or implied by such statements.

You should be cautioned that the forward-looking statements are not the guarantees of ourfuture performance. The forward-looking statements contained in this presentation are madeonly as of the date of this presentation and we undertake no obligation to update theforward-looking statements to reflect subsequent events or circumstances, except as requiredby law.

This presentation and the information contained herein is the property of 104 Corporation.

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Agenda

• Company Profile

• Market Information

• Services and Products

• Financial Review and Dividend Policy

• 104 Value Map

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In 1996, 104 was established

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Company Profile

Market Position

104 Job Bank was established: 1996.

First job bank to IPO in Taiwan: 2006.

First job bank in Taiwan to get ISO 27001 accreditation.

Core Competence Financial Strengths

Strong database: 7.1 million resumes, 75% college graduated/ above, 317K corp. customers.

Online job opportunities (May. 2017): 742K, 1.4% YOY decrease.

Comprehensive range of HR related services.

Competitive candidate matching and job recommendation system.

Zero debt.

Solid NT$ 2.1 billioncash position.(Mar. 2017)

Proven capability to generate cash even in difficult economic periods.

High satisfaction & recognition of 104 brand & services.

Source: Company data 5

Leading Market Role Comparing competitors, 104 is the most frequently searched keyword on Google.

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2004 2006 2008 2010 2012 2014 2016 2017/4

1111 yes123 104 ejob 518

Services and Products

7Source: Company data

HR AcademyHR Solutions

& Consultancy

104 HunterExecutive Search

Services

104 AdsHR Advertisement

Services

104 CaseCase Outsourcing Posting Services

104 LearnTraining ProgramPosting Services

104 TutorTuition Posting

Services

104 Job BankJob Posting

Services

Online Services

Platform & Consultation

Services

Job-Search App

Talent-Search App

Mobile AppsCurrent users=4,377,000

Business Segments

For Job Seekers• Vast, easy, & accessible platform• Career map & value added services

For Corporate Users• Large and diversified resume pool• Variety of integrated HR services

Revenue Performance

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Unaudited Revenue

Source: Company data

(Unit: NT$’000)

Time

Business Group

Monthly RevenueYoY

Accumulated RevenueYoY

May 2017 May 2016 2017 2016

Consolidated 133,489 128,978 3.50% 619,814 593,140 4.50%

Online 108,258 107,025 1.15% 519,343 502,677 3.32%

Platform and Consultation

25,231 21,953 14.93% 100,471 90,463 11.06%

Online Services:

Job Bank Listings / Ads

Value-added Services

Platform and Consultation Services:

Head-Hunting

HR Academy

Online84%

Platform & Consultation

16%

Revenue by Business Sector, 2016FY

OPM: 6.5%

OPM:61.4%

FY 2016 Summary of Performance

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Income Statement FY 2016 % FY 2015 % YoY

Operating Revenue 1,454,753 100% 1,409,398 100% 3.22%

Operating Income 338,955 23% 330,019 23% 2.71%

Income before Income Tax 376,635 25% 351,211 24% 7.24%

Net Income 398,304 27% 330,818 23% 20.40%

EPS (after-tax) 12.04 9.99

Source: Company data

(Unit: NTD’000, except for EPS)

Balance Sheet 2016.12.31 % 2015.12.31 %

Cash & Cash Equivalents 1,988,830 87% 1,846,942 79%

Total Current Assets 2,051,944 89% 2,164,216 91%

Total Assets 2,306,694 100% 2,378,983 100%

Deferred Revenue 369,008 16% 352,750 15%

Total Current Liabilities 730,046 32% 937,990 39%

Total Liabilities 734,520 32% 942,629 39%

Shareholders’ Equity 1,572,174 68% 1,436,354 61%

**As of 31st December, 2016, the company had 33,242 thousand outstanding shares.

Dividend Policy

10Source: Company data

Fiscal Year 2009 2010 2011 2012 2013 2014 2015 2016

EPS 5.08 7.72 6.71 5.67 7.46 9.41 9.99 12.04

DPS 4.57 6.0 6.0 4.55 6.0 7.0 8.0 10.8

Payout Ratio (%) 90% 78% 89% 87% 82% 75% 80% 90%

Average Stock Price 73.3 112.6 99.23 76.06 90.06 122.24 151.94 139.15

Yield Rate (%) 6.23% 5.33% 6.05% 5.98% 6.66% 5.73% 5.27% 7.76%

0%

20%

40%

60%

80%

100%

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2009 2010 2011 2012 2013 2014 2015 2016

EPS (LHS)

DPS (LHS)

Payout Ratio (RHS)

(Unit: NTD)

104’s Mission

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Lowest birth rate

Enable children to find their gifts and compete

Higher ageing rate

Elderly care platform to support current workers and families

Job & resume material value

Career, talent, & knowledge management

50% profit margin

65 yrs old

15 yrs old

CCloud

MMobile

OOpen

SSocial

104 Career Management Platform

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Professional Development Through Social Networking

Adoption of Open APIs to Enrich Services and Achieve a Triple-Win

http://plus.104.com.tw/

A social open platform to build personal brand

report and expand networks & connections.

https://www.104.com.tw/

https://learn.104.com.tw/

https://tutor.104.com.tw/

https://clazzrooms.com/

An online learning platform for

you to teach and learn.

https://case.104.com.tw/

(To go live by end of June)

An online professional

mentoring platform for you to

be a giver and/or a taker.

http://www.104.com.tw/jb/service/ad

APP Center

Third Party Application Developers

In-HouseApplication Development

HR Capital Management Solutions

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Define Talent

Discover Talent

DevelopTalent

Deploy Talent

HR Portal

eHRMS

人力資源管理系統

On-Premise & Customized for Large Companies

Cloud-Based & Standardized for SME

Human Capital Mgmt Recruiting & Onboarding

Shift Arrangement

Payroll & Benefits

Competency Testing & Talent Retention

Mobile Office Latest Industry News

Real Time Administration

Intra-Departmental Comm. & Project Mgmt.

APP Center

Third Party Application Developers

In-HouseApplication Development

104 WOW & 104 Kids

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Our Kid Talent Platform: enables children, parents, teachers and experts to explore, analyze, record and demonstrate children’s gifts.

Our Q & A Platform: Children can explore the world of work based on 104’s job data and ask career-related questions to volunteer workers.

WOW

19/56 Job Categories Multiple Intelligences

Health Assessment

104 Senior Care Bank

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Service Providers

Health Care

Home Care

House Keeping

Meal Delivery

Health Processionals

Doctors

Occupational Therapists

Physical Therapist

Care Manager

管家服務

健康管家

照顧管家

家事管家

餐食管家

醫護服務

醫師

職能治療師

物理治療師

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Thank youFor more information, please contact:

Brenda Shih, VP, Chairman’s Office

886-2-2912-6104 ext. 9688 / brenda.shih@104.com.tw

Kendrah Chen, IR

886-2-2912-6104 ext. 9692 / kendrah.chen@104.com.tw