YFO — AGM Information 2023

Jun 14, 2023

Young Fast Optoelectronics Co., Ltd. Meeting Notice for Annual Shareholders’ Meeting

The 2023 general shareholders’ meeting is scheduled at 9:00 a.m. on May 31 (Wednesday), 2023 at No. 32, Jing-Jian 5TH Road, Kuan Yin Industrial Estate, Taoyuan City.

The meeting agenda is as follows:

• I. Reports:

  • (I) 2022 Business Report

  • (II) 2022 Audit Committee’s Review Report

  • (III) The employees’ profit share and directors’ compensation of 2022

  • (IV) The directors’ remuneration of the Company for 2022

  • (V) Amendment to the Company’s “Sustainable Development Principles”

• II. Recognitions:

  • (I) Ratification of the 2022 business report and financial statements.

  • (II) Ratification of the 2022 earnings distribution proposal.

• III. Discussions and Election:

  • (I) Amendment to the Company’s “Operational Procedures for Loaning Funds to Others”.

  • (II) Amendment to the Company’s “Rules of Procedure for Shareholders Meeting”.

  • (III) Amendment to the Company’s “Article of Incorporation”.

  • (IV) Discussion on the capital surplus cash distribution proposal.

  • (V) Re-election of directors.

  • (VI) Release of the Company's new directors and their representatives from the non-compete restriction.

List of Director Candidates:

• (1) Chihchiang Pai

• (2) Soy Young Enterprise Co., Ltd

• (3) Hold-Key Electric Wire & Cable Co., Ltd.

• (4) Yichuan Hsu

• (5) Fengyu Ho

• (6) Menggui Lin

List of Independent Director Candidates:

• (1) Wenxiu Zhang

• (2) Xiege Hao

• (3) Xiuhui Ye

Pursuant to Article 165 of the Company Law, the shareholder register will be closed from April 2 to May 31, 2023. Any person owning YFO shares who has not effected the share transfer should complete the required procedures with the Transfer Agency Department of Concord Securities Co. Ltd (B1, No.176, Sec. 1, Keelung Rd., Hsin-yi Dist., Taipei City) by 4:30 p.m. March 31, 2023, in person or by post, as per postal office stamp date.

The time frame for the acceptance of proposed resolutions from eligible shareholders will start from March 28 to April 6, 2023, 9:00 a.m. to 5:00 p.m. All submissions must be addressed in writing to the Management Division of YFO (No.31, Jing-Jian 1ST Road, Kuan Yin Industrial Estate, Taoyuan City, Taiwan , R.O.C.) within this period in accordance with Article 172-1 of the Company Law.

In addition to this announcement, a meeting notice will be posted to each shareholder 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 Concord Securities Co. Ltd directly (TEL No.: (02) 8787-1118).

If any situation for the case of seeking the Power of Attorney in public, the latest upload for the company to submit to S.F.I. (Website: http://free.sfi.org.tw) will be on April 21, 2023. Please go on the website if requiring any further information. (Stock Code: 3622)

In addition to the announce from M.O.P.S., the company will mail the official notice of meeting, and one Power of Attorney in hoping that all shareholders could participate in the meeting. If joining in person, please send back the third page for registration or register in person on the meeting day. If entrusting others to participate in, please read and fill up carefully for the notes of Power of Attorney and send back the sixth page. Also, please send the required documents to our stock administration office 5 days before the meeting starts and use the voucher to attend the meeting.

Shareholders may exercise their voting rights through the STOCKVOTE platform of Taiwan Depository & Clearing Corporation (http://www.stockvote.com.tw ) during the period from April 29, 2023 to May 28, 2023.

Sincerely yours, Honorable Shareholders