RUENTEX IND.LTD — AGM Information 2018

Jul 10, 2018

Stock Code : 2915 http://www.ruentex.com.tw

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Ruentex Industries Ltd.

Notice of Annual Shareholders’ Meeting

(Summary Translation)

To: Shareholders

The 2018 Annual Shareholders’ Meeting of Ruentex Industries Ltd. will be convened at 9:00 a.m., Friday, June 22, 2018 at Bade Building of Central Pictures Corporation. ( located at 3F,No.260, Sec.2, Bade Road, Taipei, Taiwan)

The agenda for the meeting is as follows:

• I. Management Presentations

• 1.2017 Business Report

• 2.Supervisors’ Review Report on the 2017 Financial Statements

• 3.2017 Employees' Bonus Sharing Report

• Report on Amendment to the Rules of Procedure for Board of Directors Meetings

• 5.Other Reporting Events

• II. Proposals

• Adoption of the 2017 Financial Statements

• Adoption of the Proposal for Distribution of 2017 Profits

• The company has transferred the investments in stock equity of Nanshan Life Insurance Co., Ltd. via Ruenchen Investment Holding Co., Ltd. and signed the letter of commitment by competent authorities.

• III. Discussion

• Approval of the capital reduction

• IV. Election

• Election of Directors

• V. Other Proposal

• Proposal of Release the Prohibition on Directors from Participation in Competitive Business

• VI. Questions and Motions

The major items of the Proposal for Distribution of 2017 Profits are adopted at the meeting of the Board of Directors. Each common shareholder will be

entitled to receive a cash dividend of NT$4 per share and total amount is NT$3,765,737,292, after this proposal is approved by the Annual General Shareholders' Meeting, the Board is authorized to set the ex-dividend date.

The Company adjusts the capital structure and enhances the return on shareholders’ equity, proposed cash reduction of NT$3,765,737,292. ,and cash refund of NT$4 per share, capital reduction ratio of 40%, is expected to reduce 376,573,729 shares

Board of Directors Ruentex Industries Ltd.