LOTES — AGM Information 2022

Nov 24, 2022

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

• I. NOTICE is hereby given that an annual general meeting (“Meeting”) of the shareholders of LOTES Co. Ltd. (“Corporation”) will be held at No. 59, Wuxun St., Anle Dist., Keelung City 204, Taiwan (Dawulun with Reifang Industrial Parks Service Center), on June 17[th] , 2022 at the hour of 9:00 a.m. Taiwan time, for the following purposes:

  • Meeting Agenda:

    1. Report

       • (1) 2021 Business Report.

       • (2) 2021 Audit Committee’s Review Report .

       • (3) The Status of Distribution Remuneration of Employees and Directors and Supervisors in 2021.

       • (4) The Status of the first domestic unsecured convertible corporate bonds issued in 2021.

       • (5) The company's release of shares of its planned listed subsidiary.

    2. Matters for ratification:

       • (1) Annual Business Report and Final Statement 2021.

       • (2) Surplus earnings distribution 2021.

       • (3) Change plan for cash capital increase and issuance of new shares and the first domestic unsecured convertible corporate bonds.

    3. Matters for discussion:

       • (1) Amendments to the “Articles of Incorporation”.

       • (2) Amendments to the “ Rules of Procedure for Shareholders Meetings”.

       • (3) Amendments to the “Procedures for Acquisition or Disposal of Assets”.

    4. Extemporary Motion(s).

• II. The main content of the proposal for distribution of 2021 profits: Cash dividends (NT$16 per share) to shareholders NT$1,695,646,400 in total. Distribution date determined by Board of Directors following the Meeting

• III. The main content subject to the coverage of Company Act Article 172 can be checked on the Market Observation Post System (http://mops.twse.com.tw/mops/web/index).

  • Electronic books  Shareholder’s meeting  Reference materials for the shareholder’s meeting.

• IV. In accordance with Company Act, Article 165, Assignment or transfer of shares shall not be set up from Apr. 19[th] , 2022 to Jun. 17[th] , 2022.

• V. The Notice of Annual and General Meeting of Shareholders and Proxy are enclosed.

Shareholders who are willing to attend the Meeting in person should have the Notice of Annual and General Meeting of Shareholders signed or sealed and carry to the Meeting venue accordingly. Alternatively, shareholders who have decided to attend the Meeting by Proxy should have the Proxy signed or sealed in person, including the name of the proxy and related information, and have the designated proxy signed or sealed. Make sure the delivery to the Corporation’s stock agency (SinoPac Securities) will be made five days prior to the Meeting in order to give out the attendance card.

• VI. Shareholders, solicitors, and proxy shall bring identification card to verify when attending the Meeting.

• VII. The Corporation will have the proxy form for the Meeting uploaded prior to May 17[th] , 2022, to the website of the Securities and Futures Institute (http://free.sfi.org.tw). Visit the website if necessary.

• VIII. Shareholders shall exercise voting rights electronically for the Meeting. The period to exercise shall be valid from May 18[th] , 2022 to June 14[th] , 2022. Please visit the electronic voting platform of TDCC STOCKVOTE (https://www.stockvote.com.tw) and follow the instructions to vote.

• IX. SinoPac Securities serve as the tallying and verification institution for the Corporation.

• X. Please acknowledge the receipt of the Notice and spare the time for presence.

Best Regards,

Board of Directors

LOTES CO., LTD.