Central Re — AGM Information 2017

Jun 20, 2017

2017 Annual General Meeting of Shareholders

Convocation Notice

(Summary Translation)

The 2017 Annual General Meeting of Shareholders (the “Meeting”) of CENTRAL REINSURANCE CORPORATION (the “Company”) will be convened at 9:00 a.m., Wednesday, May 31, 2017 at Chang Yung-Fa Foundation International Convention Center Room 1002 at 10F, No.11, Chungshan S. Road, Taipei, Taiwan

The agenda for the Meeting is as follows:

• (1) Report the total number of shares represented at this AGM and announce commencement of the meeting.

• (2) Chairman’s Address.

• (3) Report Items:

  • I. Business Report of the year 2016.

  • II. Audit Committee’s review report of the year 2016.

  • III. The 2016 Employees' Compensation and Remuneration of Directors report.

  • IV. The amendment of the “Procedures for Use of the Company's funds in Special Projects, Public Utilities and Social Welfare Enterprises”.

• (4) Ratification and Discussion Items:

  • I. Ratification of the 2016 Business Report and Financial Statements.

  • II. Ratification of 2016 earnings distribution.

    • -Cash dividends: NT$281,137,500. Each share shall be distributed NT$0.5.

  • III. The amendment of the “Procedures for Acquiring and Disposing of Assets”.

  • IV. The amendment of the “Procedures for Transaction of Financial Derivatives”.

• (5) Election Items: To elect nine (9) directors (include three (3) Independent Directors) of the Company.

  • -For the information of Director candidates, please refer to the 2017 Annual General Shareholders Meeting Handbook.

• (6) Other Items: Discussion on approving to lift restriction of non-competition of director.

• (7) Extraordinary Motion.

• (8) Meeting Adjournment.

Board of Directors

CENTRAL REINSURANCE CORPORATION