MTI — Proxy Solicitation & Information Statement 2020

Jul 1, 2020

No. 1, Innovation Road II

Hsinchu Science-Based Industrial Park

Hsinchu 30077, Taiwan, R.O.C.

Tel: (03) 577-3335

Fax: (03) 577-0194

Meeting Notice of Annual General Shareholders' Meeting

(Summary Translation)

1. The agenda for the Meeting is as follows:
2. The 2020 Annual General Shareholders' Meeting (the "Meeting") of Microelectronics Technology Inc. will be convened at 101 conference room, MTI (No. 1, Innovation Road II, Hsinchu Science-Based Industrial Park, Hsinchu, Taiwan, R.O.C) at 9:00 a.m. on June 18 (Thursday), 2020.
3. The agenda for the meeting is as follows:
4. Report Items:
   1. The 2019 business report
   2. The 2019 Audit Committee's review report
   3. The 2019 remuneration to employees and directors
5. Acknowledgements:
6. The 2019 business report and financial statements
7. The proposal for the distribution of 2019 earnings
8. Proposed Resolutions :
9. The amendment of “Procedures for Handling Acquisition and Disposal of Assets”
10. Directors election:
11. An independent director by-election of the Company
12. Other resolution:
13. The suspension of non-competition restrictions on the Directors and their representatives

14. Special Motions

15. The proposal for the distribution of 2019 earnings adopted at the meeting of the Board of Directors is as follows：

According to Article 25-1 of the Company’s “Article of Incorporation”, the Company may pay dividend or not, provided the accumulated disposable earning is less than 5% of outstanding share capital. So there will be no dividend distribution this year.

1. 1 independent director shall be elected in the by-election this year. MTI adopts the candidate nomination system. The Independent Director candidate list as below:

(1) Independent Director: Mr. Golub Drakulovic

1. In accordance with Article 209 of the Company Act, it is proposed to release the non-competition restriction for the Directors and/or their representative at the 2020 Annual Shareholders’ Meeting.

2. Please refer to the Year 2020 Annual Shareholders’ Meeting Handbook or visit M.O.P.S. website (http://mops.twse.com.tw) for the details.

Board of Directors

Microelectronics Technology Inc.