F.T.C — AGM Information 2016

Jul 11, 2016

FORMOSA TAFFETA CO., LTD.

Notice of the 2016 Annual Shareholders’ Meeting

Time: 10:00 a.m., Friday, June 24, 2016

Venue: 317, Shu Liu Rd., Douliu 640, Yunlin County, Taiwan

A. The agenda for the Meeting is as follows:

I. Discussion Item(s) (I)

1. Amendments of the Articles of Incorporation of the Company, shown on the corresponding comparison table

II. Report Items

1. Business report for 2015

2. Supervisors’ review Report for 2015

3. Report of compensation of employees, directors and supervisors for 2015

III.Ratification Items

1. The 2015 business report and financial statements required by the Company Act

2. The proposal for distribution of 2015 profits required by the Company Act

IV.Discussion Item(s) (II)

  1. Amendments of the Rules for Election of Directors and Supervisors of the Company, shown on the corresponding comparison table, for the establishment of an audit committee according to regulations of the Financial Supervisory Commission 

• B. The major items of the proposals for the distribution of 2015 profits adopted at the meeting of the Board of Directors are as follows:

  • I. Cash dividends to Common Shareholders: Totaling

    • NT$ 2,021,597,564. Each Common Shareholder will be entitled to receive a Cash Dividend of NT$ 1.2 per share.

  • II. Employees’ Cash Compensation: Totaling NT$ 6,096,167.

  • III. Directors’ and Supervisors’ Compensation: Totaling NT$ 3,048,083.