PCSC — AGM Information 2020

Jul 6, 2020

President Chain Store Corporation Notice of 2020 Annual General Shareholders’ Meeting (Summary Translation)

1. Shareholders are encouraged to exercise their voting rights through TDCC’s e-Voting service during the COVID-19 (Novel Coronavirus Disease 2019) pandemic. If shareholders intend to attend Shareholders’ Meeting, each shareholder shall put on a face mask at all times. Our staffs help measure body temperature at the entrance. If the temperature is higher than 37.5[o] C (forehead temperature) or 38[o] C (ear temperature), shareholders are not allowed to enter the meeting site.

2. In case that the meeting site is changed due to pandemic, please refer to the MOPS material information.

3. I. 2020 Annual General Shareholders’ Meeting will be convened at No.301, Zhongzheng Rd., Yongkang Dist., Tainan City 710, Taiwan (R.O.C.) (1F, Training Center of Uni-President Enterprises Corp.) at 10:00 a.m. on June 17, 2020 (Wednesday) (Registration will be accepted at 9:30 a.m.).

The agenda for the Meeting is as follows:

1. Report Items

   • (1) Business Report for 2019.

   • (2) Audit Committee’s Review Report for 2019.

   • (3) Status of Investment in Mainland China in 2019.

   • (4) Compensation for Employees and Directors in 2019.

2. Ratification Items

   • (1) Ratification of 2019 Business Report and Financial Statements.

3. Discussion Items

   • (1) Adoption of the Proposal for Distribution of 2019 Profits.

   • (2) Amendments to the Rules of Procedures for Shareholders' Meeting of the Company.

   • (3) Adoption of the Proposal for Releasing Directors from Non-competition.

4. Other Special Motions

5. II. Proposal for distribution of 2019 profits has been resolved by the Board of Directors as follows:

6. Cash dividends: The proposed dividend is NT$ 9 per share. Upon the approval of Annual Meeting of Shareholders, it is proposed that the Board of Directors be authorized to resolve the distribution record date.

7. III. Pursuant to Article 165 of the Company Act, the Company hereby closes the share transfer registration from April 19, 2020 to June 17, 2020.

8. IV. If any shareholder solicits for a proxy, the Company will disclose the summarization of the solicitation prepared by the Company on the website of the Securities and Futures Institute (https://free.sfi.org.tw) on May 15, 2020. If any investor wishes to make inquiries, please log into the “free inquiry system for published information of proxy” on the website, and click the right side “entrance to published information of proxy” and input the key words for the inquiry.

9. V. During this regular session, the shareholders can exercise their voting rights by electronic means. The period is from May 16, 2020 to June 14, 2020. Please log in the “Stockvote” (https://www.stockvote.com.tw) of Taiwan Depository & Clearing Corporation (TDCC) and vote in accordance with relevant instructions.

10. VI. If there exist any matters that shall be itemized in the causes and the essential contents thereof shall be explained pursuant to Article 172 of the Company Law, the essential contents can be found at the Market Observation Post System (https://mops.twse.com.tw). Please log into said website, and click “electronic books”, key in the Year “2020,” select the code of the Company “2912,” and read references related to the shareholders’ meeting.