FRG — AGM Information 2022

Jun 23, 2022

Meeting Notice for

Annual Shareholders’ Meeting

(Summary Translation)

The 2022 Annual Shareholders’ Meeting (the “Meeting”) of Formosan Rubber Group Inc. (the “Company”) will be convened at 9:30 a.m., Friday, JUNE 8, 2022 at No.1, Chaofeng Rd., Longtan Dist., Taoyuan City 325, Taiwan (Headquarters conference room 3F)

1. The Agenda for the Meeting is as follows:

   • I. Report Items:

     • (1) 2021 Business Report.

     • (2) Inspection Report of Audit Committee of 2021.

     • (3) Distribution of the 2021 Compensation of Employees and Directors .

     • (4) Status of Land Development.

   • II. Approval items:

     • (1) 2021 Business Report and Financial Statements.

     • (2) The Proposal for Distribution of 2021 Profits.

   • III. Discussion items:

     • (1) Partially Amend the Articles of Incorporation.

     • (2) Partially Amend the Meeting Rules of Stockholders.

     • (3) Partially Amend the Procedures for the Acquisition or Disposal of Assets.

   • IV. Elections:

Election of 21th Direcrors.

• V. Other proposals:

  • Proposal to release the newly-elected Directors from non-competition restrictions.

• VI. Motions

1. The major items of the proposal for distribution of 2021 profits proposed by Board of Directors meeting are as follows:

   • Cash dividends to common shareholders :Totaling NT ＄ 410,791,200. Each Common shareholder will be entitled to receive a cash dividend of NT ＄ 1.2 per Share. The record date will be decided by the Board of Directors through the authorization of the Meeting.

Sincerely,

Board of Directors

Formosan Rubber Group Inc.