MAP — AGM Information 2020

Jun 1, 2020

Min Aik Precision Industrial Co., Ltd.

Meeting Notice for 2020 Annual General Meeting (Summary Translation)

• I. The 2020 Annual General Meeting of Min Aik Precision Industrial Co., Ltd. will be convened at 9:00 a.m., Friday, May 15, 2020 at 2F., No.2, Ln. 12, Datan 3rd Rd., Guanyin Dist., Taoyuan City 328, Taiwan (R.O.C.)

• II. Meeting Agenda:

  1. Report Items

     • (1) The 2019 Business Report

     • (2) The 2019 Audit Committee Report

  2. Matters for Ratification

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

     • (2) Adoption of the 2019 Earnings Distribution Plan

  3. Matters for Discussion and Election

     • (1) Proposal for distributions from Additional Paid-In Capital cash distribution.

     • (2) Amendment to the Company's Articles of Incorporation.

     • (3) The Election of the 9[th] term Board of Directors.

     • (4) Release the Directors from Non-Competition Restrictions.

  4. Questions and Motions

• III. The major items of the proposal for distribution of 2019 profits adopted by Board of Directors are as follows:

  - (1) Cash dividends to common shareholders: 
  
     - Totaling NT$7,700,000. Each common shareholder will be entitled to receive a cash dividend of NT$0.1 per share. 
  
  - (2) Cash Distribution from the Capital Surplus: Totaling NT$19,250,000. Each common shareholder will be entitled to receive a cash distribution of NT$0.25 per share. 
  
  - (3) The record date will be decided by the Board of Directors or the Chairman as authorized by the Board of Directors. 
  

IV. Share transfer suspension period: 2020/03/17 ~ 2020/05/15