Altek — AGM Information 2020

Jun 30, 2020

Altek Corporation

2020 Annual General Shareholders’ Meeting Notice

(Summary Translation)

The 2020 Annual General Shareholders’ Meeting (the “Meeting”) of Altek

Corporation (the “Company”) will be convened at 9:00 a.m., Friday, June 12, 2020 at Room 203, No.2, Zhanye 1st Rd., Hsinchu City, Taiwan.

1. The agenda for the Meeting is as follows:

2. I. Report Items

3. (1) 2019 business report.

4. (2) Audit Committee’s review report.

5. (3) Distribution of 2019 profit sharing bonus to employees and directors.

6. (4) 2019 cash dividend report.

7. (5) To report the issuance of new common shares in private placement and/or issuance of domestic or overseas convertible bonds in private placement.

8. (6) Implementation of share buyback program.

9. II. Recognition Items

10. (1) 2019 business report and financial statements.

11. (2) Distribution of 2019 earnings.

12. III. Discussion and Election items

13. (1) To amend the Articles of Incorporation.

14. (2) To approve the issuance of new common shares in private placement and/or issuance of domestic or overseas convertible bonds in private placement.

15. (3) To elect the board members for the 9th term.

16. (4) To Release the prohibition on directors from participation in competitive business.

17. (5) To amend the Rules of Procedure for Shareholder Meetings.

18. IV. Extraordinary Motions

19. The proposal for distribution of 2019 earnings adopted at the Board of Directors Meeting is as follows:

Cash dividends to common shareholders: Totaling NT$139,793,663. Each common

share holder will be entitled to receive a cash dividend of NT$0.5 per share.

1. The book closure period for ordinary shareholders starts from April 14, 2020 to June 12, 2020.

2. Electronic Voting is available at https://www.stockvote.com.tw from May 13, 2020 to June 9, 2020.

3. To elect seven Directors (including three Independent Directors).

4. Information of nominated candidates of Directors:

5. (i) Titles and Names:

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Title Name
Director Alex Hsia
Director Sophia Chen
Director Representative of Yitsang International Co., Ltd.,
Simon Law
Director Representative of Yitsang International Co., Ltd.,
Belle Liang
Independent Director MORI SHOREI
Independent Director Kuo Hsiung Wu
Independent Director Daphne Wang
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• (ii) Education and experience of the candidates: please refer to the list of candidates for Directors on the Meeting Agenda.

Board of Directors, Altek Corporation