Exhibit I
The undersigned hereby agree as follows:
(i) Each of them is individually eligible to use the Schedule 13G to which this
Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and
(ii) Each of them is responsible for the timely filing of such Schedule 13G and any
amendments thereto, and for the completeness and accuracy of the information concern- ing such person contained therein; but none of them is responsible for the complete- ness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.
Dated: February 9, 2018
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ARGA Investment Management, L.P.
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By:
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/s/ Neda Clark
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Name: Neda Clark
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Title: Chief Compliance Officer
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By:
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/s/ Avula Rama Krishna
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Name:
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Avula Rama Krishna
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ATTACHMENT A
1. Items 4(A) and (B) of Schedule 13G
As of December 31, 2017, the Funds and Separate Managed Accounts (collectively, Accounts) were the legal owner of 2,088,771 Level II American Depository Receipts, representing 8,355,084 ordinary shares (each ADR representing 4 ordinary shares). Based on there being 142,942,380 ordinary shares, as reported in the most recent 20F filing of Silicon Motion Technology Corp. dated April 28, 2017 (amended May 2, 2017) filed with the Securities and Exchange Commission, the Accounts holdings represent approximately 5.85% of the outstanding ordinary shares. No individual account holds more than 5% of the outstanding ordinary shares.
The Manager serves as investment manager to the Accounts and has voting power over 339,128 ADR units and discretionary authority over 2,088,771 ADR units (8,355,084 ordinary shares) representing 5.85% of outstanding ordinary shares. Accordingly, the Manager may be deemed to be the beneficial owner of 5.85% of the outstanding ordinary shares.
Avula Rama Krishna owns a significant membership interest in the Manager and as such may be deemed to control shares held by the Manager by virtue of his interest in the
Manager.
Each of the Reporting Persons disclaims beneficial ownership of the ADR units (and ordinary shares) of the Issuer held by the Accounts, except to the extent of any pecunicary interest therefrom, and this report shall not be deemed to be an admission that they are the beneficial owners of such securities.
2. Item 4(c) of Schedule 13G
As of December 31, 2017, each of the Reporting Persons may be deemed to have the
power to vote or to direct the voting of 339,128 ADR units and/or to dispose or to direct the disposition of the 2,088,771 ADR units (8,355,084 ordinary shares) held by the Accounts.
Each of the Reporting Persons disclaims beneficial ownership of the shares of
ADR units (and ordinary shares) of the Issuer held by the Accounts, except to the extent of any pecunicary interest therefrom, and this report shall not be deemed to be an admission that they are the beneficial owners of such securities.
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