MACHVISION — AGM Information 2022

Jun 2, 2022

Machvision, Inc. Meeting Notice for the 2022 Annual Shareholders’ Meeting (Summary Translation)

The 2022 Annual Shareholders’ Meeting (the “Meeting”) of Machvision, Inc. (the “Company”) will be convened at 9:00 a.m., Thursday, May 26, 2022 at 1F meeting room, No.2-1(NINI Life Square), Xin’an Road, Hsinchu Science Park, Hsinchu City, Taiwan.

1. The agenda for the Meeting is as follows:

   • (1) Report Item:

     • I. The 2021 Business Report.

     • II. The 2021 Audit Committee’s Review Report.

     • III. 2021 employees and director compensation distribution.

     • IV. 2021 earnings distribution of cash dividends and Capital Surplus Cash Dividend.

   • (2) Proposed Resolutions

     • I. 2021 Business Report and Financial Statements.

     • II. 2021 Earnings Distribution.

   • (3) Matters for Discussion

     • I. Amendment to the Articles of Incorporation.

   • (4) Extempore Motions

   • (5) End of meeting

2. The proposal for distribution of 2021 profits will be distributed in cash, in NT$9 for per stock, total amount is NT$402,554,106. The above motion was pass by the Board of Directors.

3. The amount based on the APIC which exceeds par value will be distributed in cash, in NT$1 for per stock, total amount is NT$44,728,234. The above motion was pass by the Board of Directors.

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1. The major contents of this Annual General Shareholders’ Meeting shall be released and publicized (which can be inquired at http://mops.twse.com.tw) based on Article 172 of the Company Act.

2. There are each one copy of Meeting Attendance Notice and Letter of Authorization for each Shareholder. If you decide to attend the Meeting in person, please sign or affix the private seal on the “Meeting Attendance Notice” (no need to send back) and present it on the date of the Meeting; If you would like to authorize the agent to attend, please sign or affix the private seal on the “Letter of Authorization”, fill out the name and the address of the authorized agent in person, and submit the Letter to the Department of Agent of CTBC Bank Co., Ltd.- the Registrar of the Company five days prior to the date of the Meeting for the purpose of sending attendance signing card to the authorized agent.

3. If there is any Letter of Authorization for Shareholder Solicitation, the Company will issue the Compiled List of Materials Solicitation and disclose it on the website of Securities & Futures Institute on April 25, 2022. Shareholders may visit the link of “Free System for Related Materials Announcement of Letter of Authorization Inquiry” at http://free.sfi.org.tw, click “Inquiry for Meeting Materials of Letter of Authorization”, and type in the inquiry conditions for precise and specific results.

4. The right to vote may be executed in the electronic approach at the meeting. And the execution period is from April 26, 2022 to May 23, 2022. Please directly log in “Platform for stockvote of Shareholders’ Meeting” at http://stockvote.com.tw and follow related instructions.

5. The statistical verification authority of this Annual Shareholders’ Meeting is Department of Agent of CTBC Bank Co., Ltd.

6. Please read the content of this Notice thoroughly and comply with its regulations.

Board of Directors Machvision, Inc.

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