Weltrend — AGM Information 2022

Jun 27, 2022

Weltrend Semiconductor, Inc.

Meeting Notice of Annual General Shareholders' Meeting

(Translation)

1. The 2022 Annual General Shareholder’s Meeting (the “Meeting”) of Weltrend Semiconductor, Inc. (the “Company”) will be convened at 3F., No.22, Industry E. 9th Rd., Hsinchu Science Park, Hsinchu 300, Taiwan (Weltrend’s Headquarters RM310) at 9:00am on Wednesday, June 23, 2022. The agenda for the Meeting is as follows:

   • I. Management Presentations

     • (1) 2021 Business Report

     • (2) Supervisor’s Review Report on the 2021 Financial Statements

     • (3) Report on 2021 Employees and Directors’ Bonus and Compensation Distribution

     • (4) Status of stock repurchase program

     • (5) Amendment to Company’s procedures for acquisition or disposal of derivative products

     • (6) Amendment to the Company’s Corporate Social Responsibility Best Practice Principles

     • (7) Amendments to Code of Ethical Conduct

     • (8) Amendment to the Company’s Ethical Corporate Management Best Practice Principles

   • II. Acknowledgements

     • (1) Adoption of the 2021 Business Report and Financial Statements

     • (2) Adoption of the Proposal for Distribution of 2021 Profits

   • III. Questions and Motions

     • (1) Amendments to Articles of Incorporation

     • (2) Amendments to “Rules for Director and Supervisor Elections”

     • (3) Amendments to “Rules of Procedure for Shareholders Meetings”

     • (4) Amendments to “Process of Obtaining or Disposal of Assets”

     • (5) Amendments to “Process of Loans to Others”

     • (6) Amendments to “Process of Endorsement Guarantee”

• Ⅳ . Elections

  - (1)   Election of the 12[th] Directors (including independent directors) of the Board 
  

Ⅴ. Other Proposals

• (1) Removal of non-compete restrictions for newly elected Directors (including independent directors) of the Board

• Ⅵ . Questions and Motions

1. The major item of the proposal for distribution of 2021 profits adopted at the Board of Directors meeting is as follow ： Cash dividends totaling NT$529,529,883 at NT$3.0 per share.

2. (Omitted)

3. (Omitted)

4. (Omitted)

5. (Omitted)

6. (Omitted)

7. (Omitted)

Board of Directors Weltrend Semiconductor, Inc.