KENDA — AGM Information 2020

Jun 29, 2020

==> picture [277 x 29] intentionally omitted <==

KENDA RUBBER INDUSTRIAL CO., LTD.

Notice For Annual General Shareholders' Meeting (Summary Translation)

The 2020 Annual General Shareholders' Meeting (the "Meeting") of Kenda Rubber Industrial Co., Ltd. ("KENDA") will be convened at the Headquarters of KENDA (No.146, Sec. 1, Chung Shan Rd., Yuanlin City, Changhua County, Taiwan) at 9:30 a.m. on June 16, 2020.

I. The agenda for the meeting is as follows:

1.Report items:

• (1) 2019 Business Report

• (2) Audit Committee’s Review Report on the 2019Financial Statements

• (3) Report of Employees’ Compensation and Directors’ Compensation for 2019

• (4) Report of the Cash Dividends for Distribution of 2019 Profits

• (5) The Status of Endorsement and Guarantee

• (6) Report of the explanation about the proposal that be submitted by shareholder but not included in the agenda of the meeting

2. Ratifications:

(1) Adoption of the 2019 Business Report and Financial Statements

• (2) Adoption of the Proposal for Distribution of 2019 Profits

3. Proposed Resolutions

(1) Amendment to the Company’s "Articles of Incorporation"

• (2) Proposal for a new share issue through capitalization of earnings

4.Extemporary Motions

• II. The major items of the proposal for distribution of 2019 profits adopted at the meeting of the Board of Directors are as follows:

1. Cash dividends to common shareholders: Totaling NT$349,772,000. Each common share holder will be entitled to receive a cash dividend of NT$0.4 per share. The record date will be decided by the Board of Directors.

2. Stock Dividend to common shareholders: Totaling NT$349,800,000.

   • Each common share holder will be entitled to receive a stock dividend of 40.003202 shares per 1,000 shares.

• III. Each attendance notification and proxy form will be attached in this meeting notice. If the shareholder(s) is attending the meeting in person, please sign or stamp on the attendance notification from and carry it to the check-in desk on the day of the meeting. In the case that an agent(s) is entrusted to attend the meeting, the shareholder(s) shall sign or stamp on the proxy form and personally fill out the name and address of the agent, then deliver the proxy form to the Transfer Agency Department of Chinatrust Commercial Bank at least 5 days prior to the day of the meeting. The signed proxy form will serve as the sign-in card for agent(s) to represent your vote at the meeting.

• IV. In accordance with Article 165 of the Company Law, transfer of the Company's shares will be suspended from April 18, 2020 through June 16, 2020.

• V. Shareholders may exercise their voting rights through the STOCKVOTE platform of Taiwan Depository & Clearing Corporation (http://www.stockvote.com.tw ) during the period from May 17, 2020 to June 13, 2020.

• VI. The Transfer Agency Department of Chinatrust Commercial Bank is the proxy tallying and verification institution for this annual general meeting.

• VII. These regulations should be abided and applied.

Sincerely,

Board of Directors

KENDA RUBBER INDUSTRIAL CO., LTD.