THSRC — AGM Information 2022

Aug 17, 2022

Meeting Notice for the 2022 Annual Shareholders’ Meeting

(Summary Translation)

• I. Taiwan High Speed Rail Corporation (hereinafter referred to as “the Corporation”)

• has scheduled the 2022 Annual General Meeting for Thursday, May 26th, 2022, 9 am (shareholders’ reception begins at 8 am), at 1F., No.9, Songren Rd., Xinyi Dist., Taipei City (Cathay Financial Conference Hall).

II. Meeting Agenda:

1. Management Presentation:

   • (1).Report on Corporation Execution of Corporate Governance.

   • (2).Report on Allocation of 2021 Remuneration to Board of Directors and Employees.

   • (3).Report on Director Remuneration for 2021.

   • (4).Revision of Corporate Social Responsibility Best Practice Principles.

   • (5).Report on Domestic Unsecured Corporate Bond Offering for 2021.

2. Proposals:

   • (1). Proposal of 2021 Annual Business Report and Financial Statements of the Corporation.

   • (2). Proposal of 2021 Profit Distributions of the Corporation.

3. Discussion:

   • (1). Revision of Articles of Incorporation.

   • (2). Revision of Rules of Procedure for Shareholders’ Meetings.

   • (3). Revision of Guidelines for Corporate Governance.

   • (4). Revision of Procedures for the Acquisition or Disposal of Assets.

4. Other Discussion: None.

5. Questions and Motions.

6. III. The profit distribution scheme of the Corporation as drafted by the Board of Directors is as follows: 1. The cash dividends proposed for distribution to shareholders amount to NTD 4,266,246,138 or NTD 0.7580 per share. 2. After the cash dividends are approved by the 2022 Annual General Meeting, the Board of Directors is authorized to separately prescribe an ex-dividend date for distribution.

7. IV. The book closure period for common shares is set as March 28, 2022 to May 26, 2022 in accordance with Article 165 of the Company Act.

8. V. The Notice of Attendance and Proxy Form are hereby enclosed. Shareholders planning to attend the Annual General Meeting in person should sign or stamp the

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Notice of Attendance and submit the same when signing in on the day of the meeting (shareholders attending in person are not required to mail in said Notice). Shareholders wishing to appoint a proxy should sign or stamp the Proxy Form; provide the proxy name, address, and signature; and deliver or mail said form to the Corporation's share transfer agent and registrar Fubon Securities Transfer Agency Department (2F., No.17, Shu Chung St., Chungchen District, Taipei City) at least five days prior to the Meeting date (May 20, 2022).

• VI. The Corporation is required to post public proxy solicitations for the Annual General Meeting to the Securities & Futures Institute (SFI) website by April 25, 2022. Shareholders wishing to obtain relevant information can enter associated search criteria on the Free Proxy Disclosure Search Engine (https://free.sfi.org.tw) (Company code: 2633).

• VII. Shareholders may exercise their voting rights by electronic means from April 26, 2022 to May 23, 2022 by using a CA certificate (either a natural person certificate, online trading certificate from a securities firm, online banking certificate, Ministry of Economic Affairs certificate, joint securities and futures firm certificate, or government certificate) to log in to the Taiwan Depository & Clearing Corporation Stockvote platform (http://www.stockvote.com.tw) and vote according to the instructions provided. Voting rights exercised by electronic means in accordance with the stipulations of the Company Act shall be deemed to have attended the shareholders’ meeting in person. In case a shareholder has exercised his/her/its voting power in writing or by way of electronic transmission, and has also authorized a proxy to attend the shareholders' meeting in his/her/its behalf, then the voting power exercised by the authorized proxy for the said shareholder shall prevail.

• VIII.In accordance with Article 172 of the Company Act, Articles 26-1 and 43-6 of the Securities and Exchange Act, and other associated regulations, the content of shareholder meeting proposals can be found on the Market Observation Post System (https://mops.twse.com.tw) by selecting "Electronic Books/Shareholders' meetings" or "Profiles/Company Profile/Web Address" and linking to the Corporation's website.

• IX. No souvenirs will be distributed at the Annual General Meeting.

Sincerely,

Board of Directors, Taiwan High Speed Rail Corporation

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