TNC — AGM Information 2019

Jul 8, 2019

TAIWAN NAVIGATION CO., LTD

NOTICE of

2019 ANNUAL SHAREHOLDERS’ MEETING

(Summary Translation)

• I. The 2019 Annual Shareholders’ Meeting will be held at COSMOS Hotel TAIPEI, 1F, No.43, Sec. 1, Zhongxiao W.Rd.,Taipei,Taiwan. at 9:00 a.m. on Tuesday, June 25, 2019. The shareholders’ registration will begin at 8:30 am.

• II. Agenda.

• Reports:

  • (1) To report the 2018 business.

  • (2) The 2018 audit committee review report.

  • (3) The 2018 directors,supervisors and employees' compensation.

• Recognitions:

  • (1) The 2018 business report and financial statements.

  • (2) The proposal for distribution of 2018 profits.

• Discussions:

  • (1) Amendment to the "Operational Procedures for Acquisition and Disposal of Assets".

  • (2) Amendment to the "Operational Procedures for Loaning of Company Funds".

• Questions and Motions

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• III. Board of Directors proposed the Distribution of 2018 profits as follows: Cash dividends: Totaling NT$542,482,833 (NT$1.3 per share)

• Upon the approval of the 2019 Annual Shareholders’ meeting, it is proposed that the Board of Directors be authorized to resolve the exdividend and payment dates.

• IV. If the main contents of the general shareholder’s meeting are the matters of Company Act Article 172, please check the contents on the MOPS (Market Observation Post System)website, the web:

• (http://mops.twse.com.tw),Electronic Books>Shareholder’s

• meeting>Reference materials for the shareholder’s meeting.

• V. In accordance with Article 165 of the Company Act, transfer of shares of the Company shall be suspended from April 27, 2019 to June 25, 2019.

• VI. The Company will compile and post a general list of information on calls for proxies, if any, by May 24, 2019, on the Securities & Futures Institute website (http://free.sfi.org.tw). For inquiries, please log-on to the above website. The Stock Transfer Agency Department of Taishin International Bank Co., Ltd. will certify the tally of proxies.

• VII. To attend in person, please fill in the third page for registration on the meeting day. If entrusting others to participate in, please fill in the third page, and send back the required documents to our stock transfer agency of Taishin International Bank Co., Ltd within 5 days before the meeting day.

• VIII. Voting right for the shareholders’ meeting can be exercised via electronic form during the period from May 25, 2018 to June 22, 2019. Please access “Shareholder e-voting” at the website of Taiwan Depository and Clearing Corporation. (https://www.stockvote.com.tw)

Board of Directors TAIWAN NAVIGATION CO., LTD

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