SENAO — AGM Information 2019

Jun 18, 2019

Senao International Co.,Ltd. 2019 Annual Shareholders’ Meeting Notice (Summary Translation)

1. The Company will hold 2019 Annual Shareholders’ Meeting at 9:00 a.m., Friday June 14, 2019 at No.500, Fuxing 3rd Rd., Guishan Dist., Taoyuan City 333, Taiwan (R.O.C.). The proposed agenda is as follows:

   • I. Reporting Matters

     • (1) 2018 Business Report.

     • (2) 2018 Supervisor’s Audit Report.

     • (3) Report on the Distribution of Employees’ Compensation and Directors’ and Supervisors’ Remuneration for 2018.

     • (4) Report on Status of the Repurchase of the Company’s Shares.

   • II. Recognition Matters

     • (1) 2018 Business Report and Financial Statements.

     • (2) 2018 Earnings Distribution Plan.

   • III. Discussion Matters

     • (1) Amendments to parts of the Company’s “Articles of Incorporation”

     • (2) Amendments to parts of the Company’s “Procedures Governing the Acquisition or Disposal of Assets”

     • (3) Amendments to parts of the Company’s “Endorsement and Guarantee Procedures”

     • (4) Amendments to parts of the Company’s “Procedures for Loans to Others”

     • (5) Amendments to parts of the Company’s “Procedures for the Election of Directors and Supervisors”

   • IV. Election Matter : Election of the Board of Directors

   • V. Other : Release of the Newly Elected Directors and their Representatives from Non-Competition Restrictions VI. Special Motions

2. The 2018 cash distribution of NT$1.45 per common share. The proposal is subject to approval by the 2019 Annual Shareholders’ Meeting. The record date will be decided by the Board of Directors or the Chairman as authorized by the Board of Directors. It is proposed that the Chairman be authorized to set a record date for distribution and make relevant adjustments, if any, based on the total number of shares outstanding on the record date.

3. This (2019) annual general meeting will adopt electronic voting as one of the voting methods for shareholders to exercise their voting power.