X0306 4 2017-07-10 0 0001140310 EnSync, Inc. ESNC 0001684263 Melodious Investments Co Ltd SEA MEADOW HOUSE, BLACKBURNE HIGHWAY (P.O. BOX 116), ROAD TOWN TORTOLA D8 VIRGIN ISLANDS, BRITISH 0 0 1 0 Series C-1 Convertible Preferred Stock 0.6678 2017-07-10 4 S 0 7012 1033.63 D Common Stock 10500000 0 D Series C-2 Convertible Preferred Stock 0.6678 2017-07-10 4 S 0 4341 1033.63 D Common Stock 6500000 0 D Pursuant to a share purchase agreement (the "Purchase Agreement") dated as of August 30, 2016 among Melodious Investments Company Limited ("MICL"), Jilun He and SPI Solar, Inc. ("SPI"), SPI repurchased from MICL, 7,012 shares of the issuer's Series C-1 Convertible Preferred Stock and 4,341 shares of the issuer's Series C-2 Convertible Preferred Stock at a per share price of $1,033.63 on July 10, 2017. Series C-1 Convertible Preferred Stock will only become convertible upon the completion of five megawatts worth of solar projects (the "Projects") in accordance with certain supply agreement by and between Solar Power, Inc. and the issuer dated July 13, 2015 and has no expiration date. Series C-2 Convertible Preferred Stock will only become convertible upon the completion of 15 megawatts worth of Projects and has no expiration date. /s/ Melodious Investments Company Limited 2017-07-12