Acelon — AGM Information 2023

Jun 30, 2023

Acelon Acelon Chemicals & Fiber Co., Ltd.

2023 Notice of Annual General Shareholders’ Meeting

The Company will hold the 2023 Annual Shareholders’ Meeting (the “Meeting”) at No. 94, Fan Chin Road, Pu Yan Hsiang, Chang Hua County, Taiwan (Headquarters Social Hall) on Friday, June 16, 2023, at 9:00 a.m.

(Shareholder registration will start at 8:30 a.m. at the venue of the meeting).

1. The agenda of the Meeting is as follows,

2. (1) Report items:

   • A. 2022 Business Report of Company.

   • B. 2022 Audit Committee's Review Report of the Company.

3. (2) Ratification items:

   • A. Ratification of the 2022 business report and financial statements

   • B. Ratification of the proposal of the 2022 deficit compensation.

4. (3) Discussion items:

   • A. Discussion of the amendments to “the Procedures for Endorsement & Guarantees”.

5. (4) Election Matters:

Addition election of independent director

• (5) Other Matters:

Release of non-compete restriction for new director.

• (6) Questions and Motions

• Shareholders can watch the live streaming of the company's 2023 annual shareholders' meeting through the company's official website during the day of the shareholders' meeting, the path as follows, https://www.acelon.com.tw > Investor Services > Shareholders' Column >Shareholders' Meeting Information's > Shareholders' Meeting Live Link , (and the login will be available from 9:00 am on the same day )

• Dividend for 2022 year: None. (It Has been resolved by the board of directors.)

• Addition election of one independent director, Independent director candidate is Guo, Zheng-Pei. For information related to the independent director candidate’s education background or work experience will be made available on the MOPS website. Visit https://mops.twse.com.tw for more information.

• Where the subject of the shareholders' meeting to be convened includes any contents that shall be explained in accordance with Article 172 of the Company Act, please visit the website of the Market Observation Post System (MOPS) (https://mops.twse.com.tw/) and go to Electronic Books > Shareholders' meetings (or meeting handbook and supplementary materials) to search for more details.

• Enclosed please find the sign-in card and the proxy form. If you wish to attend the meeting in person, please sign or seal the sign-in card and present it at the registration desk at the meeting venue on the day of the meeting, (Shareholder registration will start at 8:30 a.m.), if you wish to attend the meeting by proxy, please specify the name and address of the proxy, sign or seal the proxy form, and mail or deliver it to the Company's shareholder services agent five days before the shareholders' meeting: The Stock Service Administration of KGI Securities Co., Ltd. (5F., No. 2, Sec. 1, Chongqing S. Rd., Zhongzheng Dist., Taipei City, TAIWAN(R.O.C) ), so that a sign-in card can be mailed out to the proxy. If you don’t receive the sign-in card before the shareholders' meeting, please bring your identification documents to the shareholders' meeting venue to apply for a replacement.

• Shareholders, solicitors and proxies should bring their identity documents for verification when attending the shareholders' meeting.

• Pursuant to Article 26-2 of the Securities and Exchange Act, the notice of the shareholders meeting to be given by an issuer to shareholders who own less than 1,000 shares of nominal stocks may be given in the form of a public announcement, therefore, no separate notice of shareholders meeting will be sent to the shareholders who own less than 1000 shares.

• For this meeting, shareholders can vote online from May 17, 2023 to June 13, 2023 on the Taiwan Depository & Clearing Corporation (TDCC) Stockvote e-voting platform according to its instructions. (https://www.stockvote.com.tw)

• The tallying and verification institution for this shareholders’ meeting is the Stock Service Administration of KGI Securities Co., Ltd.

• If any shareholder requires solicitation of a proxy to attend the meeting, the Company will compile a summary statement of the solicitor and solicitation information for disclosure on the website of the Securities and Futures Institute (SFI) on May 16, 2023, Investors may visit SFI's website at https://free.sfi.org.tw and search for proxy details for free.

• No souvenirs will be offered in the Meeting.

Board of Directors ACELON CHEMICALS AND FIBER CO., LTD.