FH — AGM Information 2021

Aug 2, 2021

Meeting Notice

For

Annual Shareholders’ Meeting

(Summary Translation)

The 2021 Annual Shareholders’ Meeting (the “Meeting”) of FENG HSIN STEEL CO., LTD. (the “Company”) will be convened at 9:00 a.m., Friday, June 11, 2021 at No. 259, Sec. 3, Houke Rd., Houli Dist., Taichung City 421, Taiwan

1. The agenda for the Meeting is as follows:

   • I. Report Items

     • (1)Report on Business Overview 2020

     • (2)Report on Financial Statements 2020 Reviewed by Audit Committee

     • (3)Report on Allocation of Employee Compensation and Remuneration to Directors 2020

II. Proposed Resolutions

• (1)Proposed Resolution for Business Report and Financial Statements 2020

• (2)Proposed Resolution for Allocation of Earnings 2020

III. Discussed Motions

• (1) Motion for the amendments to the Company’s “Articles of Incorporation.”

• (2) Motion for the amendments to the “Parliamentary Rules for Shareholders’ Meetings.”

IV. Elections

Election of 13 Directors (Including 3 Independent Directors) of 22nd Term of the Company

V. Other Motions

Release of the Company’s New Directors from Non-Competition Restrictions.

VI. Extemporary Motions

1. The proposal for distribution of 2020 earnings adopted at the meeting of the Board of Directors is as follows：

   • Cash dividends to common shareholders: Totaling NT$2,035,597,984. Each common share holder will be entitled to receive a cash dividend of NT$3.5 per share. The record date will be decided by the Board of Directors.

2. The voting at this Meeting can be exercised by way of electronic method from May 12, 2021 to June 8, 2021.The members/shareholders can log in Electronic Voting Platform of Shareholders' Meeting established by Taiwan Depository and Clearing Corporation

• (https://www.stockvote.com.tw) directly and cast the vote according to the relevant explanations.

Board of Directors

FENG HSIN STEEL CO., LTD.