ARES — AGM Information 2024

Jul 5, 2024

Matters to be Ratified

Motion 1

Proposal: The business report and financial statements for 2023 are presented for ratification.

• Description: 1. The Company’s (consolidated and parent-only) financial statements for 2023 have been audited by CPA Yi-Fan Lin and CPA Fu-Ming Liao of PwC Taiwan. The financial statements along with the business report have been submitted to and audited by the Audit Committee, and the audit report has been issued for reference thereafter.

  1. For the business report, independent auditors’ report and the aforementioned financial statements, please refer to Meeting Handbook.

Motion 2

• Proposal: The proposal for the distribution of earnings for 2023 is presented for ratification.

• Description: 1. The Company’s earnings distribution statement for 2023 was approved by the Board of Directors on March 13, 2024.

  1. The Company’s distribution of earnings for 2023 is detailed in the following statement.

Ares International Corporation 2023 Earnings Distribution Statement

	Unit: NT$
Item	Amount
Opening undistributed earnings	13,258,022
Less: Adjustment to retained earnings in 2023	(600,101)
Plus: Profits after tax in 2023	172,964,838
Less: 10% set aside as legal reserves	(17,236,474)
Plus: Special reserves transferred to earnings	202,688
Distributable earnings	168,588,973
Distribution item:
Shareholder bonus (a cash dividend of NT$3.28715691	155,330,951
per share)
Closing undistributed earnings	13,258,022
Note:
1. If the dividend payout ratio must be adjusted as a result of the change
in the share capital that has influenced the number of the Company’s
outstanding shares, the annual shareholders’ meeting shall be requested
to authorize the Chairperson with full power to handle this matter.
2. The amount of the cash dividend is calculated	proportionally and

truncated to the nearest whole NT dollar. Fractional amounts of less than NT$1 are summed up and allocated based on the size of decimals in descending order and the account number in sequential order until the total amount of the cash dividend is allocated. After the annual shareholders’ meeting, the Chairperson is authorized to set the record date for the dividend payout.

1. The earnings distributed shall be allocated from the earnings in 2023 as the first priority.