LOTES — AGM Information 2024

Jun 18, 2024

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 , Taiwan (Dawulun with Reifang Industrial Parks Service Center), on June 13, 2024 at the hour of 9:00 a.m. Taiwan time, for the following purposes:

• Meeting Agenda:

  1. Report

     • (1) 2023 Business Report.

     • (2) 2023 Audit Report of Audit Committee.

     • (3) The Status of Distribution Remuneration of Employees and Directors in 2023.

     • (4) The report on the implementation of the second domestic unsecured convertible corporate bond issued by the company.

  2. Acknowledged matters:

     • (1) Annual Business Report and Financial Statement 2023.

     • (2) Surplus earnings distribution 2023.

  3. Matters for Discussion:

     • (1) Discussion of amendments to the Company's ”Articles of

       • Incorporation”

  4. Election matters

     • (1) Election of new directors.

  5. Other Proposals

     • (1) Discussion to approve the lifting of non-competition restrictions for directors.

  6. Extemporary Motion(s).

• II. The main content of the proposal for distribution of 2023 profits: Cash dividends (NT$26 per share) to shareholders NT$ 2,898,275,068 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. 15, 2024 to Jun. 13, 2024.

• V. Enclose an attendance card and a power of attorney. If shareholders decide to attend in

person, please sign or stamp the "attendance card" (no need to send it back), and bring it to the meeting venue on the day of the meeting. If the shareholder entrusts a proxy to attend, please sign or seal the "Power of Attorney", and fill in the name and relevant information of the proxy in person, and hand it over to the proxy to sign or seal the proxy on the "Power of Attorney". Send it to the stock affairs agency department of SinoPac Securities, the company's stock affairs agency, five days before the meeting, and send the attendance card to the entrusted agent..

• 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 13, 2024, 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 14, 2024 to June 10, 2024. Please visit the electronic voting platform of TDCC STOCKVOTE (https://stockservices.tdcc.com.tw) and follow the instructions to vote.

• IX. The shareholders' meeting will elect seven directors (including three independent 、

• directors). List of candidates which adopt nomination system: Directors: Chu, Te-Hsiang Ho, Te-Yu 、 Hsieh, Chia-Ying 、 Sun, Cherng-Jong. Independent directors: Wang, Jen-Chun 、 、

• Chiang, Yih-Cherng Wu, Chang Hsiu. Shareholders can obtain information of their educations and experiences from the website “http://mops.twse.com.tw”

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

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

Best Regards,

Board of Directors

LOTES CO., LTD.