ASCENT — AGM Information 2023

Jun 28, 2023

(Please only send through post office clerk)

100405 6F, No. 6, Sec. 1, Zhongxiao West Road, Zhongzheng District, Taipei, Taiwan Customer Service Hotline :(02)2371-1658 [Company Code :1439]. ASCENT DEVELOPMENT CO., LTD. Stock Transfer Agent (Formerly known as Chung Ho Wool Industry Co., Ltd.) Stock Agency Department, Grand Fortune Securities Co.,Ltd. Address: https://www. gfortune. com. tw/

Stock Agent Department Business Hours: Monday to Friday 8:30am to 4:30pm

Please open and read the meeting notice for the 2023 Annual General Shareholders’ Meeting immediately.

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Taiwan Depository & Clearing Corporation
"Stockvote Platform"
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Domestic Postage paid

Taipei Post Office License Tai-Bei-Zi. No. 557

Domestic Post

If the correct postal code is not written the postage should be paid according to the type Dear Shareholders: of letter

the postage should be paid according to the type of letter.

Notice of Personal Data Rights

For the purpose of conducting stock affairs, the Company may collect personal information directly or indirectly by written or electronic means during the period of time when the relevant facts, legal relationships exist or as required by law. We will process and use your personal information in writing or electronically for the period of time that we collect your personal information directly or indirectly for the purpose of conducting our business. You may request access to, review, supplement, correct or delete your personal information. If you do not wish to provide your personal information, we may not be able to provide you with the services you require, and we may refuse your request in accordance with the law or for risk management reasons.

※ Bank name and code (please fill in the correct fields)

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Bank Bank Bank Bank Bank Bank reasons.
Name Code Name Code Name Code
Bank of Taiwan 004 COTA Commercial Bank 147 Fifth Credit Cooperation of Taipei 104
Land Bank 005 Union Bank of Taiwan 803 Keelung First Credit Cooperative 114
Taiwan Cooperative Bank 006 Far Eastern International Bank 805 The Second Credit Cooperative of Keelung 115
First Bank 007 Yuanta Bank 806 The Tamshui First Credit Cooperative Bank 119
Hua Nan Bank 008 Bank SinoPac 807 The Tamsui Credit Cooperative 120
Changhwa Bank 009 E Sun Bank 808 The Credit Cooperative of Ilan 124
The Shanghai Commercial & Savings BankTaipei Fubon Bank 011012 KGI Bank DBS Bank (Taiwan) 809810 The Credit Cooperative of TaoyuanThe First Credit Cooperative of Hsinchu 127130 Account Account
Cathay United Bank 013 Taishin Bank 812 The Third Credit Bank of Hsinchu 132 Name Number
Bank of Kaohsiung 016 EnTie Bank 816 The Second Credit Cooperative of Taichung 146
Mega International Commercial BankAgricultural Bank of TaiwanCiti (Taiwan)ANZ (Taiwan)O-BankTaiwan Business Bank 017018021039048050 CTBC Mizuho Bank Bank of America Taipei Bangkok Bank Metrobank BNY Mellon 822020022023025028 The First Credit Cooperative of ChanghuaThe Fifth Credit Cooperation of ChanghuaThe Sixth Credit Cooperation of ChanghuaThe Tenth Credit Cooperative of ChanghuaThe Credit Cooperative of Lu Kang 158161162163165 I. II. If you wish to change your remittance account number, please III. For those who do not have a remittance account, a check will please check the original registered account and confirm that it is correct before sending back this form.fill in the new account number in the right column and affix your original seal and send it back.be sent by registered mail on the cash dividend payment date.If you wish to continue to use your original registered account, remittance account numberBank NameOriginal registered Bank Code Bank account number (branch, account number, account number, check number)DevelopmentAscent
Standard Chartered Taichung Commercial Bank 052053 UOB Taipei Deutsche Bank 029072 Chiayi The Third Credit CooperationThe Third Credit Cooperative of Tainan 178188
King’s Town Bank 054 BEA Bank 075 The Kaohsiung Third Credit Cooperative 204
HSBC (Taiwan)TaipeiStar BankHwatai BankShin Kong Bank 081101102103 JPMorgan Chase BNP ParibasCredit Agricole Corporate and Investment Bank UBS 076082086092 The First Credit Cooperative of HualienHualien 2nd Credit CooperativePenghu First Credit CooperativeThe Second Credit Cooperative Association of Penghu 215216222223 CodePost Check No.)(including Branch Code Check No.)(including Account
Sunny Bank 108 MUFG 098 Kinmen Credit Cooperative 224 I hereby agree that I shall receive cash dividends each year in accordance with the above-mentioned declaration, and if the
Bank of Panhsin 118 Sumitomo Mitsui 321 Chunghwa Post 700 remittance is unsuccessful, the account shall be revoked and invalidated.
Attendance Card for the 2023 Annual Proxy Form Principal (Shareholder) No.
Shareholder
General Shareholders’ Meeting I. It is hereby declared that _, the undersigned (the form must be duly filled in and signed Account Signed or affixed with seal
by the principal and may not be replaced by a seal) shall serve as the proxy on my behalf to attend the Annual General Shareholders’ Meeting of the Company held on June 21, 2023. The No. of Shares Held
undersigned is authorized to exercise the rights of shareholders in accordance with the following
mandate:
□ (I) To exercise the rights on behalf of the shareholder pertaining to the meeting. (Full power
of attorney) Name
□ (II) To exercise, on behalf of the shareholder, the rights and opinions entrusted to the
Time: Wednesday, June 21st, 2023 09:00 a.m.
Venue: B2F, , No. 108, Section 1, Dunhua South Road, Taipei, Taiwan shareholders in respect of each of the following motions, and to acknowledge or endorse
(Fubon International Convention Center) 1. 2022 each of the motions if the following motions are not checked.Business Report and Financial Statements. Solicitor Signed or affixed with seal
(1) ○ Agreement (2) ○ Objection (3) ○ Abstention
Shareholder Account: 2. 2022 Annual profit distribution proposal. Account No.
Shareholder Name: (1) ○ Agreement (2) ○ Objection (3) ○ Abstention
3. Amendment to provisions of the "Procedures for Acquisition or Disposal of Assets"
(1) ○ Agreement (2) ○ Objection (3) ○ Abstention
4. Proposal of the amendment to "Operational Procedures for Making Endorsements/ Name
Guarantees" of the Company
5. Release of non-compete restrictions on directors.(1) ○ Agreement (2) ○ Objection (3) ○ Abstention Proxy Signed or affixed with seal
No. of Shares Held: (1) ○ Agreement (2) ○ Objection (3) ○ Abstention
II. If the shareholder does not check the authorization scope in the preceding paragraph or both, Account No.
they shall be deemed to have authorized full power of attorney. However, if the stock agency
This registration card is not valid if it is not stamped Sign or affixed with seal for acts as the proxy, it shall not accept the full power of attorney, and the proxy shall exercise the
by the Company’s Stock Agent Department. personal attendance III. The Shareholder's proxy shall have full authority to deal with the provisional matters of the shareholders' rights in accordance with the authorization content in the preceding paragraph (II). Name
meeting.
IV. Please send the attendance slip (or sign-in card) to the stock agent. If the meeting is ID No. or
rescheduled for any reason, this proxy will still be valid (for this session only). Company Tax ID
Sincerely, No.
Ascent Development Co., Ltd.
Date of Authorization Year Month Day Address
Notice
Cash Dividend Remittance Claim
Original registered seal
(02)25473733. evidence is confirmed, the maximum reward for reporting will be NT$200,000. Reporting hotline: reported to the Taiwan Depository & Clearing Corporation by attaching supplementary proof. If the 2. If any instances of the illegal attainment and use of proxy forms are found, the matter may be I. It is strictly prohibited to provide cash or other benefits for the purchase of a power of attorney. 4th Form: (If you appoint a proxy to attend the meeting, please complete and return this form. )
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※ Please present an original photo ID for verification. ※ Attendance No.:

Place of solicit and signature of staff:

100405 6F, No. 6, Sec. 1, Zhongxiao West Road, Zhongzheng District, Taipei, Taiwan

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Ascent Development Co., Ltd. Stock Agent
Grand Fortune Securities Co.,Ltd. Stock Agent
Please attach
postage stamp Sender:
City/County District/Township Borough/Village Road/Street Section Lane Alley No. ( F)
Meeting Notice
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• I. The 2023 Annual General Shareholders’ Meeting of will be held on Wednesday, June 21, 2023 at 9:00 a.m. (the time for shareholders to report to the meeting will be 30 minutes prior to the commencement of the meeting) at the Fubon International Conference Center, B2/F, No. 108, Sec. 1, Dunhua South Road, Taipei, Taiwan. The main agenda of the meeting: (I) Matters to Report: 1. Business Report for FY2022. 2. Audit Committee’s review report on the FY2022 financial statements. 3. Report on the distribution of FY2022 remuneration for employees and directors. 4. Report on earnings distribution for FY2022 5. Report on the FY2022 remuneration of directors. 6. Report on the proposals made by shareholders for 2023 General Shareholders’ Meeting. (II) Matters to Recognize: 1. FY2022 business report and financial statements, please recognize. 2. FY2022 earnings distribution proposal. (III) Matters to Discuss: 1. Proposed amendments to provisions of the Company's Procedures for Acquisition or Disposal of Assets. 2. Proposed amendments to "Endorsement and Guarantee Procedures" of the Company 3. Release of non-compete restrictions on directors. (IV) Extempore Motions

• II. The Board of Directors resolved to distribute: cash dividends of NT$0.3 per share

• III. If the shareholders' meeting is convened under Article 172 of the Company Act, please proceed to the Market Observation Post System (https://mops.twse.com.tw) and click on "Annual Report and Shareholders' Meeting Related Information (including Depositary Receipt Information)" in the "eBook" under "Basic Information", enter the company code (or abbreviation) and year, and click on "Supplementary Information to the Procedures and Meeting" or "Reference Materials for Each Motion at the Shareholders' Meeting". and then click on "Supplementary Information for Meetings" or "Reference Materials for Shareholders' Meetings".

• IV. In accordance with Article 165 of the Company Act, stock transfers shall be suspended from April 23, 2023 to June 21, 2023.

• V. In addition to the announcement on the Market Observation Post System, we are pleased to send you a copy of the attendance card and proxy form for the Annual General Shareholders' Meeting. If you are attending the meeting in person, you are required to fill in the attendance card (3rd form) and bring it to the meeting venue on the day of the meeting (no need to send it back). If you wish to appoint a proxy to attend the meeting, please fill in the fourth form proxy form and send it back to the Stock Agent Department of Grand Fortune Securities five days before the meeting date. Once the Department has stamped the attendance card with the registration seal, it will be sent to the Shareholder or the Shareholder's proxy for the purpose of attending the Shareholders' Meeting. If you have not received the attendance card by the day before the meeting, please bring your original identity card and seal on the day of the meeting to attend.

• VI. If there is a proxy solicitor for the shareholders' meeting, the Company intends to submit the written information of the proxy solicitation to the Securities and Futures Institute (website of the Foundation:https://free.sfi.org.tw) by May 19, 2023. After entering the website, investors should enter the stock code/company in the "Free Inquiry System for Proxy Forms".

• VII. Shareholders may exercise their voting rights electronically during the period from May 20, 2023 to June 18, 2023 by accessing the "Stockvote" website of TDCC and following the instructions at https://www.stockvote.com.tw.

• VIII. The statistical verification agency for the proxy statement for the shareholders' meeting is the Stock Agency Department of G Fortune Securities Co.,Ltd. IX. Please kindly proceed according to the above.

• Sincerely,

Ascent Development Co., Ltd. Board of Directors Sincerely,

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Notice of Proxy Forms
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• I. If a shareholder attends in person, he/she may not appoint another person to act as proxy for him/her with another part of his/her shareholding. If both the proxy form and the attendance card are signed or sealed, he/she shall be deemed to attend in person; however, if the proxy form is delivered by the shareholder to the solicitor or proxy, he/she shall be deemed to attend by proxy.

• II. The principal, solicitor and proxy representative shall follow the Regulations Governing the Use of Proxies for Attendance at Shareholder Meetings of Public Companies and the provisions of Article 177 of the Company Act.

• III. The proxy form issued by the Company shall be used, and a shareholder shall issue not more than one proxy form, and the proxy shall be limited to one person.

• IV. Please fill in the account number, name, ID number, and address of the proxy or solicitor entrusted to attend. If the proxy is not a shareholder, please fill in the ID card number or company tax ID number in the shareholder account number field and sign or seal in the signature or seal field.

• V. Before accepting a proxy, shareholders should ask the solicitor to provide information on the written and advertising content of the proxy, or refer to the written and advertising information of the solicitor in the Company's summary announcement to understand the background information of the solicitor and the proposed candidate and the solicitor's opinions on each motion of the shareholders' meeting.

• VI. Should the shareholder decide to attend a shareholders’ meeting personally or exercise voting rights in writing or using electronic means after a proxy form has been received by the Company, a written notice must be sent to the Company by no later than two days before the meeting commences to withdraw the proxy arrangement. If the shareholder fails to withdraw proxy arrangement before the due date, vote of the proxy representative shall prevail.

Assignment Letter

It is hereby declared that shall act as a legal representative of the company, and attend the Annual General Shareholders' Meeting held on June 21, 2023. The appointee shall exercise all the rights of shareholders in accordance with the law. Sincerely, Ascent Development Co., Ltd. Corporate shareholder (seal):

• VII. The proxy form should be delivered to the stock agent of the Company, Grand Fortune Securities Co., Ltd.

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