HG Semiconductor Limited — AGM Information 2022

Apr 28, 2022

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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HG SEMICONDUCTOR LIMITED 宏 光 半 導 體 有 限 公 司

(formerly known as HongGuang Lighting Holdings Company Limited 宏光照明控股有限公司)

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 6908)

SUPPLEMENTAL NOTICE OF THE 2022 AGM

Reference is made to the notice of annual general meeting of HG Semiconductor Limited (the ‘‘Company’’) dated 12 April 2022 (the ‘‘Initial Notice’’), by which the 2022 annual general meeting (the ‘‘2022 AGM’’) of HG Semiconductor Limited (the ‘‘Company’’) will be held at 2:00 p.m. on Tuesday, 17 May 2022 at The North Side, 2nd Floor, No. 8 Pinggong Er Road, Nanping Technology Industrial Park, Zhuhai, People’s Republic of China and this supplemental notice shall be read together with the Initial Notice.

SUPPLEMENTAL NOTICE IS HEREBY GIVEN that in addition to the resolutions set out in the Initial Notice, the following resolutions will be considered and, if thought fit, approved (with or without modification) by shareholders of the Company (‘‘Shareholders’’) at the 2022 AGM:

ORDINARY RESOLUTIONS

1. To re-elect Directors and to fix the Directors’ remuneration;

   • (a) To re-elect Mr. Lyu Xiangrong as an executive Director;

   • (b) To re-elect Mr. Wang Jie Chuan as a non-executive Director;

   • (c) To re-elect Mr. Li Yang as an independent non-executive Director;

   • (d) To authorise the board of Directors (the ‘‘Board’’) to fix the Directors’ remuneration.

By order of the Board

HG Semiconductor Limited

Zhao Yi Wen

Chairman and Executive Director

Hong Kong, 28 April 2022

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As at the date of this notice, the executive Directors are Mr. Zhao Yi Wen, Mr. Lin Qi Jian, Mr. Chan Wing Kin and Mr. Lyu Xiangrong; the non-executive Directors are Dr. Wang David Nin-kou and Mr. Wang Jie Chuan; and the independent non-executive Directors are Professor Chow Wai Shing, Tommy, Mr. Wu Wing Kuen, B.B.S., Mr. Chan Chung Kik, Lewis and Mr. Li Yang.

Notes:

• (1) Details of the resolutions are set out in the supplemental circular of the Company dated 28 April 2022. Please refer to the Initial Notice for details of the other ordinary resolutions to be considered at the 2022 AGM, closure of the register of members of the Company and eligibility for attending the 2022 AGM and other relevant matters.

• (2) A Shareholder who has not yet lodged the form of proxy sent together with the Initial Notice (‘‘First Form of Proxy’’) with the Company’s Hong Kong Branch Share Registrar, Boardroom Share Registrars (HK) Limited (‘‘Share Registrar’’) at Room 2103B, 21/F, 148 Electric Road, North Point, Hong Kong is requested to lodge the second form of proxy (‘‘Second Form of Proxy’’) with the Share Registrar not less than 48 hours before the time appointed for holding of the 2022 AGM or adjourned meeting thereof (‘‘Closing Time’’) if he/she wishes to appoint proxies to attend the 2022 AGM on his/her behalf. In this case, the First Form of Proxy should not be lodged with the Share Registrar.

• (3) A Shareholder who has already lodged the First Form of Proxy with the Company should note that:

  • (i) if no Second Form of Proxy is lodged with the Share Registrar, the First Form of Proxy will be treated as a valid proxy form lodged by him/her if correctly completed. The proxy so appointed by the Shareholder shall be required to vote in such manner as he/she may be directed under the First Form of Proxy, and in respect of the resolutions for the proposed re-election of Mr. Lyu Xiangrong, Mr. Wang Jie Chuan and Mr. Li Yang as set out in this supplemental notice, the proxy will be entitled to vote at his/her discretion or to abstain from voting on such resolutions.

  • (ii) if the Second Form of Proxy is lodged with the Share Registrar before the Closing Time, the Second Form of Proxy will revoke and supersede the First Form of Proxy previously lodged by him/her. The Second Form of Proxy will be treated as a valid form of proxy lodged by the Shareholder if correctly completed.

  • (iii) if the Second Form of Proxy is lodged with the Share Registrar after the Closing Time, the Second Form of Proxy will be invalid. However, it will revoke the First Form of Proxy previously lodged by the Shareholder, and any vote that may be cast by the purported proxy (whether appointed under the First Form of Proxy or the Second Form of Proxy) will not be counted in any poll which will be taken on the proposed resolutions. Accordingly, Shareholders are advised not to lodge the Second Form of Proxy after the Closing Time. If such Shareholders wish to vote at the 2022 AGM, they will have to attend in person and vote at the 2022 AGM themselves.

• (4) Shareholders are reminded to refer to other notes contained in the Initial Notice.

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