YGG — AGM Information 2020

Jul 27, 2020

Yeong Guan Energy Technology Group Company Limited 永冠能源科技集團有限公司

Meeting Notice for 2020 Annual General Meeting of Shareholders (Summary Translation)

The 2020 Annual General Meeting of Shareholders (the “Meeting”) of Yeong Guan Energy Technology Group Company Limited 永冠能源科技集團有限公 司 (the “Company”) will be convened at 9:00 a.m., Friday, June 19[th] , 2020 at Taoyuan Hall on the Second floor of Hotel Orchard Park (located at No.777, Daguan Rd., Dayuan Dist., Taoyuan City, Taiwan).

1. The agenda for the Meeting is as follows:

2. I. Report Matters

   • (1) Business Report for Fiscal Year 2019

   • (2) Audit Committee’s Review Report for Fiscal Year 2019

   • (3) Report of Distribution Plan of Compensation for the director and employees for Fiscal Year 2019

   • (4) Status of the Company’s 1st and 2nd Issuance of Domestic Unsecured Convertible Bonds for Fiscal Year 2019

   • (5) Report on the amendment to the Ethical Corporate Management Best Practice Principles of the Company

   • (6) Report on the amendment to the Procedures for Ethical Management and Guidelines for Conduct of the Company

   • (7) Report on changes of the issuing plan of the Company’s 2015 capital increase by cash and the 2nd Domestic Unsecured Convertible Bonds

3. II. Recognition Matters

   • (1) Ratification of the Business Report and Consolidated Financial Statements for Fiscal Year 2019

   • (2) Ratification of the Proposal for Distribution of Profits for Fiscal Year 2019

4. III. Matters for Discussion

   • (1) Proposal to amend the Memorandum and Articles of Association of the Company (to be resolved by special resolution)

   • (2) Proposal to amend the Rules of Procedure for Shareholders Meetings of the Company

   • (3) Proposal to amend the Procedures Endorsements and Guarantees

of the Company

  - (4)  Proposal to amend the Procedures Landing of Company Funds of the Company

  - (5)  Private Placement of securities of the Company

• IV. Election

  • (1) Proposal to Elect one Director

• V. Other Matters

  • (1) Proposal for releasing the newly-elected Director from non-competition restriction

• VI. Ad Hoc Motions

• The proposal for distribution of profits for fiscal year 2019 is as follows: Cash dividends to shareholders of the ordinary shares: NT$52,808,760 in total. The shareholder of each share will be entitled to receive cash dividend of NT$0.5 per share. The record date, the distribution date and other related matters will be decided by the Board of Directors as authorized by the shareholders in the Meeting.

• The shareholder register will be closed from April 21[h] to June 19[th] , 2020.

Board of Directors

Yeong Guan Energy Technology Group Company Limited 永冠能源科技集團 有限公司