YC — AGM Information 2024

Jun 19, 2024

YC INOX CO., LTD. Meeting Notice for the 2024 Annual General Shareholders’ Meeting (Summary Translation)

The 2024 Annual General Shareholders’ Meeting (the “Meeting”) of YC INOX Co., Ltd. (the “Company”) will be held by means of Physical shareholders meeting at 9:00 a.m. on Monday, June 17, 2024 on 5[th] Floor of Administration Building, YC INOX’s Headquarters, No.270, Sec. 4, Jungshan Rd., Shijou Township, Chang-Hwa, Taiwan.

The agenda for the Meeting is as follows:

1. Report Items

• (1) 2023 Business report

• (2) 2023 Audit Committee’s review report

• (3) 2023 employees’ profit sharing and directors’ compensation

• (4) Amendment of Rules of Procedure for Board of Directors Meeting

• (5) Execution status of the 3[rd] domestic unsecured convertible corporate bonds

• (6) Execution status of endorsement, guarantee and lending funds to other parties

1. Proposed Resolutions for Ratification

• (1) 2023 Financial Statements

• (2) 2023 Earnings Distribution

1. Proposed Resolutions for Discussion

• (1) Amendment of Rules of Procedure for Shareholders’ Meeting

• (2) Cash dividends distributed from capital surplus

4. Election

• (1) The Election of members of the 18th Board of Directors

5. Other Matters

(1) To adopt the lifting of non-competition restrictions for newly-elected directors

1. Extraordinary Motions

A. The Board of Directors proposed to distribute cash dividends of $1 per share from the capital surplus, for a total of NT$470,002,421. After approval at the General Shareholders' Meeting, the Board of Directors will be authorized to set the ex-dividend record date and proceed with the distribution.

B. If there are matters in the meeting notice that require explanation according to Article 172 of the Company Act, please proceed to log in to the Market Observation Post System (website: https://mops.twse.com.tw/mops/web/index), enter the securities code, and select the electronic books and shareholders’ meetings-related information for reference on various proposals of the shareholder meeting.

C. Pursuant to Article 165 of the Company Act, the shareholder register will be closed from April 19, 2024 to June 17, 2024.

D. One copy of the attendance sign-in card and proxy form will be attached to this meeting notice. If the shareholder plans to attend the meeting in person, please sign or stamp on the attendance sign-in card and carry it to the check-in desk on the day of the meeting (please do not mail back the form). In the case that a proxy is entrusted to attend the meeting, the shareholder shall sign or stamp on the proxy form, personally fill out the name and address of the proxy, and submit it to the proxy for their signature or stamp. Please then deliver the proxy form to the Register & Transfer Agency Department of SinoPac Securities at least 5 days prior to the day of the meeting, as a proof for SinoPac Securities to mail the attendance sign-in card to the proxy.

E. Shareholders, solicitors, and entrusted proxies shall bring their identification documents for verification when attending the shareholders' meeting.

F. If there is any solicitation by the shareholders, the Company is required to compile solicitor's solicitation data summary and disclose such information on the Securities & Futures Institute (SFI) website by May 17, 2024. Shareholders can inquire information on the "Free proxy disclosure & related information system” search page on https://free.sfi.org.tw.

G. Shareholders may exercise their voting rights electronically through the STOCKVOTE platform of Taiwan Depository & Clearing Corporation (http://stockservices.tdcc.com.tw) during the period from May 18, 2024 to June 14, 2024.

H. The number of directors to be elected in this shareholders meeting: 9 directors (including 4 independent directors). List of nominee candidates:

• Candidate of Directors:

  1. Tai Chyang Investment Co., Ltd. (representative: Chang, Chin-Yu),

  2. Chin Ying Fa Mechanical Ind Co., Ltd. (representative: Shih, Ya-Hui),

  3. Chang, Chin-Peng,

  4. Hsieh, Ming-Hong,

  5. Chang, Po-Kai,

• Candidate of Independent directors:

  1. Chang, Wei-Lun,

  2. Yen, Wen-Pi,

  3. Chen, Ming-Yu,

  4. Wu, Ching-Chang.

More information relevant to the nominee candidates is posted on MOPS website: http://mops.twse.com.tw

I. The Register & Transfer Agency Department of SinoPac Securities is the proxy tallying and verification institution for this annual shareholders’ meeting.

• J. These regulations shall be abided and applied.

Sincerely,

Board of Directors

YC INOX Co., Ltd.