GPPC — Proxy Solicitation & Information Statement 2019

Jul 3, 2019

Notice to Shareholders' Regular Meeting 2019

• I. Please be informed that the Company's Shareholders' Regular Meeting 2019 is to be convened at No. 4 Hsing Kung Road, Tashe District, Kaohsiung City (The Briefing Room of the Company's Kaohsiung Plant) at 9:00 a.m., of June 14, 2019 (Friday). The very keynotes of the Meeting: (I) Report Items: 1. 2018 Business Report. 2. Audit Committee’s Audit Report on the 2018 Financial Statements. 3. Report on status of 2018 distribution of remunerations to employees and directors. 4. Other Report Items. (II) Ratification Items: 1. 2018 Annual Financial Statements. 2. 2018 Earnings Distribution Proposal. (III) Discussion Items: 1. The Proposal to Amend the Company’s “Articles of Incorporation”. 2. The Proposal to Amend the Company’s “Procedures for Acquisition or Disposal of Assets”. 3. The Proposal to Amend the Company’s “Operational Procedures for Loaning Funds to Others”. 4. The Proposal to Amend the Company’s “Operational Procedures for Making Endorsements/Guarantees”. 5. The motion to lift directors from prohibition of business strife. (IV) Incidental Motions.

• II. For distribution of earnings of Year 2018, the Board of Directors has proposed the key contents as enumerated below: (I) Cash dividend for common shares: Cash dividend to shareholders NT$0, anticipated distribution per share NT$0. (II) Cash dividend for preferred shares: Cash dividend to shareholders: NT$12,000,000, anticipated distribution per share NT$0.6.

• III. For Comparative Table of Pre-Amendment and Post-Amendment Contents of proposed amendment to the Company's Articles of Incorporation, please kindly surf through the Market Observation Post System (MOPS) http: //mops.twse.com.tw/fundamental particulars/electronic book/Information and data of Annual Report and shareholders’ meeting (including data of deposit receipt certificates (DRC)) to look into Meeting Agenda Handbook and supplementary data of the Meeting.

• IV. Discussion in the present Meeting about lifting directors from prohibition of business strife in accordance with Article 209 of the Company Act. Where a director engages in business for himself or herself or for another within the scope of the Company's business lines, it is proposed that the shareholders’ meeting should agree to lift him from prohibition of business strife. The concurrent position: Director Tseng Chia-Hsiung concurrently serves with Zhangzhou Chimei Chemical Co., Ltd. as its director.

• V. For the current shareholders’ meeting, shareholders are entitled to exercise voting power in electronic means during the period starting from May 15, 2019 until June 11, 2019. Shareholders are kindly requested to cast ballots through Taiwan Depository & Clearing Corporation (TDCC) "e-voting for shareholders", electronic balloting platform for shareholders’ meeting 【 Website: http: //www.stockvote.com.tw 】 . Please duly ballot as instructed.

• VI. For the present shareholders’ meeting, the institution for statistics of powers of attorney (proxies): Shareholder Services Department, KGI Securities Co. Ltd.

Attn.: All Shareholders

Sincerely,

Board of Directors, Grand Pacific Petrochemical Corporation

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