SanDi — AGM Information 2023

Jun 16, 2023

San Di Properties Co., Ltd.

(Former Name: Yu Foon International Development Co., Ltd. )

Meeting Notice for Annual Shareholders’ Meeting

The 2023 Annual Shareholders’ Meeting (the “Meeting”) of San Di Properties Co., Ltd. (the “Company”) will be convened on June 13, 2023 (Tuesday) at 10:30 a.m. at No. 118, Jinding Rd., Sanmin Dist., Kaohsiung City, Taiwan ( Jin Shi Hu Hotel, the 3rd Floor, Conference Hall ).

1. The agenda for the Meeting is as follows

   • 1.1. Matters to report

   • (1) 2022 Business Report

   • (2) Audit Committee’s Review Report on the 2022 Financial Statements

   • (3) Implementation Status of Distribution of 2022 Employee Bonus and Directors Remuneration

   • (4) Amendment to the Rules of Procedures for Board of Directors Meeting

   • (5) Status of the Company's 2022 implementation for a cash offering by private placement, the progress of plan implementation, and the manifestation of plan benefits

   • 1.2. Matters to be recognized

   • (1) Adoption of the 2022 Business Report and the Financial Statements

   • (2) Adoption of the Proposal for Distribution of 2022 Profits

   • (3) Extemporary Motions

2. The Company's 2022 Profit Distribution Plan has been resolved by the Board of Directors as follows: Distribution of Cash Dividend declared: NT$1/per share.

3. Pursuant to Article 172 of the Company Act, the annual report, related financial statements and significant information of the Company have been disclosed on the Market Observation Post System (website: https://mops.twse.com.tw).(https://mops.twse.com.tw/Basic information/E-book/Annual report and relevant shareholder information (including depository receipt information)], shareholders are requested to enter the company code and year, and inquire about the reference materials of various proposals of the shareholders meeting or the handbook and the meeting supplementary information.)

4. One copy of the attendance notification form and proxy form are attached to this meeting notice. If the shareholder(s) is attending the meeting in person, please sign or stamp on the attendance notification form (return mail is not required) and submit it to the check-in desk on the day of the meeting. (Registration time for accepting shareholders: 10:00 a.m., the registration location is the same as the meeting location). If an agent is entrusted to attend the meeting, the shareholder shall sign or stamp on the proxy form and personally fill out the name and address of the agent, then deliver the proxy form to the Transfer Agency Department of KGI Securities Co., Ltd., at 5F., No.2, Sec. 1, Chongqing S. Rd., Zhongzheng Dist., Taipei City) at least 5 days prior to the day of the meeting so that the attendance card can be sent to the agent accordingly. If you have not received the attendance notice before the meeting, please bring your identity documents to the venue to apply for reissuance.

5. Shareholders, solicitors and authorized agents should bring their identity documents for verification when attending the shareholders' meeting.

6. According to the provisions of Article 26-2 of the Securities Exchange Act: "The notice of the shareholders meeting to be given by an issuer to shareholders who own less than 1,000 shares of nominal stocks may be given in the form of a public announcement; for a regular shareholders meeting, such public announcements shall be served with thirty days prior notice". Therefore, the said notice will not be sent separately.

7. Shareholders may exercise their voting rights electronically through the STOCKVOTE platform of Taiwan Depository & Clearing Corporation (http://www.stockvote.com.tw) during the period from May 13, 2023 to June 10, 2023.

8. The Transfer Agency Department of KGI Securities Co., Ltd. is the proxy tallying and verification institution for this Meeting.

9. If a proxy is solicited by the shareholder(s), Company is required to compile a summary statement of the Solicitor Solicitation Information and disclose such information on the Securities & Futures Institute (SFI) website no later than May 12, 2023. Shareholder(s) can obtain information on the “Free proxy disclosure & related information system” (http://free.sfi.org.tw).

10. No souvenirs will be issued at this Annual Meeting of Shareholders.

11. Please be advised and act accordingly.

Board of Directors San Di Properties Co., Ltd. (Former: Yu Foon International Development Co., Ltd. )