Shuttle — AGM Information 2021

Jul 16, 2021

Shuttle Inc

Notice of the 2021 Annual General Shareholders' Meeting

Dear Shareholders,

In compliance with the Company Act of the R.O.C., notice is hereby given that the Annual General Shareholders’ meeting of Shuttle Inc. will be held at 9:00 am.,Thursday, June 17, 2021 in the NO.30, Lane 76, Rui Guang Rd. Nei-Hu Dist., Taipei, Taiwan(The Confernce Room of Shuttle Head Office). If a change in meeting venue is warranted due to COVID-19 epidemic prevention reasons, we will make the related public announcements on Market Observation Post System.

• 1 .The Agenda of The Annual General Shareholders’ Meeting is as follows:

• I. Management Presentations

• 1、2020 Business Report .

• 2、Audit Committee’s Review Report on the 2020 Financial Statements。

• 3、The Status of Treasury Stocks.

• 4、The Implementation of the "Strengthening Operation Program" for the Share-exchange on 2020.

• 5、The Status of Year 2020 Employee Compensation distribution.

• II. Matters to be Ratified

• 1、Adoption of the 2020 Financial Statements.

• 2、Adoption of the Proposal for Distribution of 2020 Profits .

• III. Matters to be Discussed

• 1、Amendment to the Company’s Corporate Charter (Articles of Incorporation).

• 2、Amendment to Procedures for Election of Directors.

  • IV. Elections

• 1、Proposal of the Board Directors Re-Election.

• V. Other Matters

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

• VI. Questions and Motions

  • VII. Adjournment

• 2 .In order to meet the Company’s operation needs, plans to increase Service Items. please refer to the Meeting Agenda on M.O.P.S. (https://mops.twse.com.tw )

1. In accordance with the related laws and regulations, the Company shall elect 7 directors (including 3 independent directors) at its 2021 Annual General Shareholders Meeting.

Pursuant to the Articles of Incorporation of Shuttle Inc . The election shall adopt

the candidate nomination system. The list of the nominated candidates is as follows：

• 4 director candidates:

• YU, LI-NA，CHENG, WEI-HSUN ，

  - TONG XIN INVESTMENT CO., LTD. Representative LI, YI-TA， 
  
  - TONG XIN INVESTMENT CO., LTD. Representative LIU, YI-CHEN 
  

  • 3 independent director candidates:

• HUANG, KUO-SHIH，WANG,YU-SHENG，LI,CHIN-JU

For the related information of nominated candidates, please refer to the Meeting Agenda on M.O.P.S. (https://mops.twse.com.tw)

1. In accordance with Article 209 of the Company Act.

Under the precondition of not jeopardizing the interests of the Ccompany , proposal to release the Prohibition on the Company's new directors from participation in the competitive business.

For the related information of concurrent positions, please refer to the Meeting Agenda on M.O.P.S ( https://mops.twse.com.tw )

1. Shareholders may exercise their voting rights through STOCKVOTE platform of Taiwan Depository & Clearing Corporation ( https://www.stockvote.com.tw ) during the period from May 18, 2021 to June 14,2021.

2. Meeting notice and proxy will be sent to shareholders thirty (30) days prior to the date of the Meeting. Any shareholder who does not receive the meeting notice may contact the Transfer Agency Department of CAPITAL SECURITIES CORP.

Yours faithfully,

Board of Directors,

Shuttle Inc