AUO — AGM Information 2022

Jul 6, 2022

AU Optronics Corp. Meeting Notice for 2022 Annual Shareholders Meeting

(Summary Translation)

• I. Information of the Meeting

Method of Convening the Meeting: Hybrid Shareholders' Meeting

Time: 09:30 a.m., June 17, 2022 (Friday)

Place: Meeting Room in AUO's Corporate Headquarters

(No. 1, Li-Hsin Rd. 2, East Dist., Hsinchu Science Park, Hsinchu City)

e-Meeting Platform: “E-Voting platform” by Taiwan Depositary & Clearing Corporation

(https://www.stockvote.com.tw)

• II. The agenda for the Meeting is as follows:

• Report Items

  • (1) To report the business of 2021

  • (2) Audit Committee's Review Report and Communication between members of Audit Committee and head of Internal Audit

  • (3) To report the cash dividend distribution of 2021

  • (4) To report the distribution of employees’ and directors’ remuneration of 2021

  • (5) To report the indirect investments in China in 2021

  • (6) To report the issuance of securities in private placement

• Election Item

  • To elect nine directors (including five independent directors) being the tenth-term directors

• Recognition and Discussion Items

  • (1) To recognize 2021 Business Report and Financial Statements

  • (2) To recognize the proposal for the distribution of 2021 earnings

  • (3) To approve the proposal of Capital Reduction in cash

  • (4) To approve the amendments to Articles of Incorporation

  • (5) To approve the amendments to Rules and Procedures for Shareholders’ Meeting

  • (6) To approve the amendment to Handling Procedures for Acquisition or Disposal of Assets

  • (7) To lift non-competition restrictions on board members

• III. The Board of the Company resolved the distribution of 2021 earnings: Total amount of cash distributed to shareholders NT$ 9,575,823,815 (NT$1 per common share that is NT$ 1,000 per thousand shares). If the dividend distribution ratio is adjusted due to change of the Company's total number of outstanding common shares it is proposed that the Chairman of Board of Directors is authorized to adjust the ratio of dividend to be distributed to each common share based on the total amount approved by the 2022 Annual General Shareholders’ Meeting to be distributed and the actual number of common shares outstanding on the record date for distribution.

• IV. There will be an election for nine directors (including five independent directors) at the Meeting. The candidate list is nominated under the Candidate Nomination System.

• Candidates of Director:

  • (1) Shuang-Lang (Paul) Peng

  • (2) Frank Ko, Representative of AUO Foundation

  • (3) Han-Chou (Joe) Huang, Representative of Qisda Corporation

  • (4) Chuang-Chuang Tsai, Representative of Ming Hua Investment Company Limited

• Candidates of Independent Director:

  • (1) Chin-Bing (Philip) Peng

  • (2) Yen-Hsueh Su

  • (3) Jang-Lin (John) Chen

  • (4) Chiu-ling Lu

  • (5) Cathy Han

• V. (Omitted – not applicable to ADR holders)

• VI. (Omitted – not applicable to ADR holders)

• VII. (Omitted – not applicable to ADR holders)

• VIII. (Omitted – not applicable to ADR holders)

• IX. (Omitted – not applicable to ADR holders)

• X. (Omitted – not applicable to ADR holders)

• XI. (Omitted – not applicable to ADR holders)

• XII. (Omitted – not applicable to ADR holders)

Sincerely,

Board of Directors

AU Optronics Corp.