CSRC — AGM Information 2018

Jul 12, 2018

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China Synthetic Rubber Corporation Notice of 2018 Annual General Shareholders’ Meeting

(Summary Translation - In case of any discrepancy between the Chinese and English versions, the Chinese version shall prevail.)

Dear Shareholders,

The 2018 Annual Shareholders’ meeting (the “Meeting “) of China Synthetic Rubber Corporation (the “CSRC”) will be convened at 9:00 a.m., Tuesday, June 26, 2018 at 3F, No. 113 Chung-Shan North Road Sec.2, Taipei, Taiwan (TCC’s Cement Hall)

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

  1. Report Items

     • (1) Report on 2017 Employees' and Directors' Compensation

     • (2) To report the business and financial of 2017

     • (3) Audit Committee’s review report

  2. Proposed Resolutions

     • (1) To accept 2017 Business Report and Financial Statements

     • (2) To approve the proposal for distribution of 2017 earnings

1. Discussion items

• (1) To approve the proposed capitalization of retained earnings

• (2) Spin-off of the domestic Carbon Black Business (including assets, liabilities and business).

  - (3) Spin-Off of the Biotechnology Business (including assets, liabilities and business). 
  
  - (4) The Company proposed to transform into an investment holding company through spin-off transactions and be renamed accordingly. 
  
  - (5)To amend the certain articles of the Company's "Articles of Incorporation". 
  
  - (6) Proposal for amendment to title of the Company’s regulations such as Rules of Procedure for Shareholders Meeting 
  
  - (7)Distribution of souvenir for the Annual Shareholders’ Meeting. 
  

Matters for Election

To elect seven directors of the 17[rd] term Board

Matters for Discussion

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  - (5) Proposal to release the newly-elected Directors from noncompetition. restrictions 

• II. 2017 Company’s business report, the individual financial statement and the consolidated financial statement have been approved by the Board. Also the individual financial statement and the consolidated financial statements were audited by Wu, Mei-Hui and Kuo, Cheng-Hung of Deloitte. The above-mentioned ones are attached in the Meeting Handbook, p. [6-27].

• III. The major items of the proposal for distribution of 2017 profits adopted at Board of Directors meeting are as follows:

  • (1) The distribution of cash dividends is 1.8 per share

  • (2) The distribution of share dividends: in total 62,858,699 shares, $1.0 per share.

  • (3) The record date will be decided by the Chairman as authorized by the Board of Directors.

• IV. The shareholder voting right could be exercised through the Internet during the period from May 27, 2018 to June 23, 2018. Please login to the TDCC (Taiwan Depository & Clearing Corporation) website (http://www.stockvote.com.tw) to exercise voting rights in accordance with the online instruction.

• V.The Transfer Agency Department of Chinatrust Commercial Bank is the proxy tallying and verification institution for this annual general meeting.

• VI. These regulations should be abided and applied.

Sincerely Yours,

Board of Directors

China Synthetic Rubber Corporation