CTCI : Meeting notice of 2023 Annual General Meeting of Shareholders

Meeting Notice

of

2023 Annual General Shareholders' Meeting

(Summary Translation)

The 2023 Annual General Shareholders' Meeting (the "Meeting") of CTCI CORPORATION (the "Company") will be held at Mellow Fields Hotel International Conference Hall (No. 127, Sec.7, Zhongshan N. Rd., Taipei) by physical meeting at 9:00 a.m., Wednesday, May 31st, 2023.

1. The agenda for the Meeting are as follows:
2. 1. Report Items
   2. 1. Business Report of 2022
      2. Audit Committee's Review Report of 2022
      3. The directors' and employees' remuneration of 2022
      4. Distribution of cash dividends from profits in 2022
      5. The status of guarantees provided by the Company as of the end of 2022
      6. Report on the issuance of unsecured ordinary corporate bonds
   3. Ratification Items
   4. 1. To ratify 2022 Business Report and Financial Statements
      2. To ratify the Company's distribution of 2022 earnings
   5. Election Item
   6. 1. Election of the 12 Board Directors for the 16th term
   7. Discussion items
   8. 1. To approve the amendment to the Company's "Regulations Governing the Acquisition and Disposal of Assets"
      2. To approve removing the non-competition restrictions on 16th term Board Directors
   9. Special Motions
3. Distribution of profits and determination of the dividend amount for 2022 as resolved by the Board of Directors is as below:
   Cash dividends TWD 1.91 will be distributed in cash per share (based on the total outstanding shares as of Jan. 31st, 2023). The cash dividends to common shareholders will be distributed on a record date to be determined by the Chairman of the Company. Should the total common shares outstanding change for any reason, the ultimate cash dividends to be distributed to each common share may need to be adjusted accordingly. The Chairman of the Company will be authorized to do adjustment.

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1. List for the director candidates of the 16th term is as below:

No.	Title	Name
1	Director	CTCI Development Corporation Representative: John T. Yu
2	Director	CTCI Development Corporation Representative: Michael Yang
3	Director	Quintin Wu
4	Director	Johnny Shih
5	Director	Yancey Hai
6	Director	Taiwan Cement Corporation Representative: An-Ping Chang
7	Director	CTCI Foundation Representative: Paul Chen
8	Director	Wenent Pan
9	Independent Director	Chien-Chung Li
10	Independent Director	Yen-Shiang Shih
11	Independent Director	Yi-Fang Chen
12	Independent Director	Hui-Huang Yen

1. It is hereby proposed in the Meeting to remove the non-competition restrictions on 16th term Board Directors according to article 209 of the Company Act.
2. The voting power at the 2023 Annual General Shareholders' Meeting can be exercised by way of electronic transmission from April 29, 2023 to May 28, 2023. Please login to the TDCC (Taiwan Depository & Clearing Corporation) website to exercise voting rights in accordance with the online instruction (website:http://www.stockvote.com.tw).
3. If the location for convening the shareholders' meeting must be changed due to the impact of the COVID-19 or the competent authority's revision of relevant epidemic prevention measures, Chairman shall be authorized to deal with full authority under the principle that the board of directors may authorize the Chairman to deal with full authority.

Board of Directors

CTCI CORPORATION

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