BRIGHT — AGM Information 2022

Jun 13, 2022

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BRIGHT LED ELECTRONICS CORP.

Meeting Notice

for

Annual Shareholders’ Meeting

(Summary Translation)

2022 Annual Shareholders’ Meeting (the “Meeting”) of Bright LED Electronics Corp. (the “Company”) will be convened at 9:00 a.m., Wednesday, June 06, 2022 at the Company’s headquarter (located at 1F, No. 15, Heping Rd., Banqiao Dist., New Taipei City, Taiwan)

1. The agenda for the Meeting is as follows:

• I. Report Items

  • (1) To report 2021 Business Report

  • (2) To report 2021 Supervisors’ Review Report

  • (3) To report 2021 Employees’ profit sharing bonus and directors’ compensation

  • (4) To report 2021 earnings distribution and cash dividend

• II. Proposed Resolutions

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

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

• III. Discussed Items：

• (1) To revise the Articles of Incorporation

• (2) To revise the Rules and Procedures of Shareholders’ Meeting

• (3) To revise the Rules for Election of Directors and Supervisors

• (4) To revise the Procedures for Acquisition or Disposal of Assets

• (5) To revise the Regulations Governing Loaning of Funds and Making of Endorsements/Guarantee

• IV. Election Matters：

Re-election of directors (including independent directors) of the company

• V. Other Motions：Release of Candidates for Directors from non-compete restrictions

• VI. Questions and Extraordinary Motions

• The proposal for distribution of 2021 earnings adopted at the meeting of the Board of Directors is as follows：

• Each common shareholder will be entitled to receive a cash dividend of NT$1.0 per share and sum up to total of NT$173,203,224 distributed.

• (1) Number of Directors to be elected at the shareholders meeting：9 Directors including 4 Independent Directors

• (2) The election of Directors adopts the candidate nomination system. The list of candidates for Directors is below：Directors: Tsun-Jen Liaw, Shu-June Wang, Chi-Chia Hsieh, Hsin-Pei Liao, and Representative of Wan-Hsu Investment Co., Ltd.﹕Po-Yuan Lin. Independent Directors: Ming-Chang Huang, Chwen-Shell Ho, Zheng-Yi Lin, and Chih-Yuan Chang.

• (3) Academic and working experiences and other relevant information of each candidate are available on MOPS, Market Observation Post System http://mops.twse.com.tw.

• According to Company Act Article 172, the main content of the annual shareholders’ meeting is available on MOPS, Market Observation Post System http://mops.twse.com.tw.

• The Meeting Notice for Annual Shareholders’ Meeting and proxy form are enclosed. Shareholders who have decided to attend the meeting in person should have the Meeting Notice for Annual Shareholders’ Meeting signed or sealed and bring to the venue. Shareholders who have decided to attend the meeting by proxy should have the proxy form signed or sealed with the proxy’s name and address written on. Please kindly send the proxy form back to the Company’s Common Share Transfer Agent and Registrar, The Transfer Agency Department of Chinatrust Commercial Bank, five days before the meeting. The Agency will send the sign-in card to the appointed proxy upon receipt.

• If shareholders ask for proxy solicitor, the company will compile a summary statement of the solicitor solicitation information and disclose in an electronic file on Securities & Futures Institute’s website by May 6, 2022. For inquiry, please go to the website https://free.sfi.org.tw and enter inquiring elements.

• Shareholders can exercise voting rights electronically at the annual shareholders’ meeting. The period to exercise starts from May 7, 2022 to June 3, 2022. Please vote through TDCC’s electronic voting platform STOCKVOTE (http://www.stockvote.com.tw) and follow the instructions.

• The statistical verification agency of the Company is the Transfer Agency Department of Chinatrust Commercial Bank.

• Please be duly noted and apply carefully

Sincerely, Board of Directors Bright LED Electronics Corp. May 06, 2022