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LU HAI AGM Information 2019

May 31, 2019

51977_rns_2019-05-31_8cc0b1df-7826-4f4d-b044-ade781046d15.pdf

AGM Information

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LU HAI HOLDING CORP.

NOTICE OF ANNUAL SHAREHOLDERS’ MEETING

(Summary Translation)

The 2019 Annual Shareholder’s Meeting (the “Meeting”) of LU HAI HOLDING CORP. (the “Company”) will be convened at 10:00 am, Wednesday, May 29, 2019 at Company’s headquarter office at Conference Room, 1F., No.64, Shing-Kong 5th Rd., Tianzhong Township, Changhua County 520, Taiwan (R.O.C.) of LU HAI INDUSTRIAL CORP.

Meeting Agenda:

Call the meeting to order.
Opening remarks by the chairman.
Report items:
i) 2018 business report.
ii) 2018 audit committee review report.
iii) 2018 employees’ compensation and directors’ compensation report.
iv) Amendment to the Company’s “Regulations Governing Procedure for Board of Directors Meetings.”
Ratification items:
i) To recognize 2018 business report and Financial statements.
ii) To approve the proposal for distribution of 2018 earnings.
Discussion items:
i) Proposal for the new shares to be issued through the 2018 earnings distribution.
ii) Amendment to the Company’s “Regulations Governing the Acquisition and Disposal of Assets.”
iii) Amendment to the Company’s “Article of Incorporation.”
iv) Amendment to the Company’s “Rules of Procedure for Shareholders’ Meetings.”
Extempore motion
Adjournment

The Company’s proposal for the distribution of 2018 earnings adopted at the meeting of the Board of Directors is as follow:

I. Cash dividend: Total amount of NTD81,964,970, equivalent to NTD1.00000004 per share dividend paid in cash. Each shareholder’s cash dividend shall be issued to the rounded down full NT dollar (fractional amount will be other income of the company).
II. Stock dividend: Total amount of NTD40,982,480, equivalent to NTD0.49999996 per share dividend paid in stock. (49.99999573 shares per 1,000 shares)
III. The record date will be decided by the Board of Directors.
IV. If there is changes in numbers of outstanding shares and dividend payout ratio due to any reason, shareholders meeting will authorize the Board of directors or Chairman to adjust it.

Your continued support will be greatly appreciated.

Sincerely, Board of Directors LU HAI HOLDING CORP.