YL — AGM Information 2019

Jul 2, 2019

Meeting Notice for

Annual General Shareholders’ Meeting

• I. The 2019 Annual General Shareholders’ Meeting will be held at No. 3, Sec. 3, Chung Hsing Road, Xindian District, New Taipei City (the Dome Theater) at 9:00am on Friday, June 21, 2019. The reception will begin at 8:30am on the meeting date at the same address referred to above with the agenda planned as follows:

• (I) Reporting Items:

  1. The 2018 Business Report and Prospect.

  2. The 2018 Audit Committee’ Report.

  3. The 2018 distribution of employees’ and directors’ remuneration.

  4. The Status of Endorsement and Guarantee.

  5. The Status of Corporate Bonds.

• (II) Acknowledgements:

  1. Acknowledge the 2018 Financial Statements.

  2. Acknowledge the 2018 Earnings Distribution.

• (III) Discussions:

  1. Amendments to the Company’s “Articles of Incorporation.”

  2. Amendments to the Company’s “Procedures for Endorsements and Guarantees.”

  3. Amendments to the Company’s “Procedures for Loaning of Funds.”

  4. Amendments to the Company’s “Procedures for Derivatives Trading.”

  5. Amendments to the Company’s “Procedures for Acquisition and Disposal of Assets.”

(IV) Elections:

1. Election of 16th Directors.

2. (V) Other Motions:

1. Release the Prohibition on 16th Directors from Participation in

Competitive Business.

(VI) Extemporary Motions

• II. The stock transfer is ceased from April 23, 2019 to June 21, 2019 in accordance with Article 165 of the Company Act.

• III. The Board of Directors has proposed cash dividend NT$0.67 per share for the 2018 earnings distribution amounted to a grand total of NT$1,053,856,339.

• IV. (I) The number of elected members of the director in the shareholders' meeting ：

• 9 seats of newly appointed directors (including 3 seats of independent

• directors)

• (II) The list of candidates for directors by nomination: Representative of

  • Tai-Yuen Textile Co., Ltd: Li-Lien Chen Yen, Kuo-Rong Chen, Representative of China Motor Corporation: Shin-I Lin, Liang Zhang, Representative of Yen Tjing-Ling Industrial Development Foundation:

  • Zhen-Xiang Yao, Jack J.T. Huang; Independent directors：Yi-Hong Hsieh, Yen-Chin Tsai, Zhong-Qi Zhou.

• (III) Queries related to candidates’ academic experience and other relevant information are: http://mops.twse.com.tw

• V. Pursuant to provisions prescribed in Article 209 of the Company Act, the proposal for release the prohibition on the new directors election of the 16th-term from participation in competitive business is submitted.

• VI. The shareholder voting right could be exercised through the Internet from May 22, 2019 to June 18, 2019. Please login the “Shareholder e-voting” website of Taiwan Depository & Clearing Corporation to vote by following the instruction (www.stockvote.com.tw).

• VII. The Stock Office of Yulon Motor Co., Ltd is the statistics and verification agency for the proxy of the annual shareholder’s meeting.

• VIII. If the agenda of the current shareholders’ meeting include matters specified in

• IX. Article 172 of the Company Act, besides listing them in the convening notice, please visit the website of the Market Observation Post System (http://mops.twse.com.tw)- click “Electronic Book/Annual Report and Shareholders' Meeting-Related Materials(Including depository receipts/various

proposal reference materials of the shareholders' meeting)” for the information.

• X. In addition to the announcement, a written notice is delivered along with the Meeting Notice and proxy to each shareholder.

Sincerely yours,

YULON Motor Co., Ltd. Board of Directors