Re-announces Board of Directors approved the convening of the 2022 Annual Shareholders' Meeting(Method of Convening the Meeting:Hybrid Shareholders' Meeting)

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Provided by: King's Town Bank
SEQ_NO	1	Date of announcement	2022/03/21	Time of announcement	16:40:53
Subject	Re-announces Board of Directors approved the convening of the 2022 Annual Shareholders' Meeting(Method of Convening the Meeting:Hybrid Shareholders' Meeting)
Date of events	2022/03/21	To which item it meets	paragraph 17
Statement	1.Date of the board of directors' resolution:2022/03/21 2.Shareholders meeting date:2022/05/09 3.Shareholders meeting location: 14F., No.506, Sec. 1, Ximen Rd., West Central Dist., Tainan City 4.Shareholders meeting will be held by means of (physical shareholders meeting/ visual communication assisted shareholders meeting / visual communication shareholders meeting): visual communication assisted shareholders meeting 5.Cause for convening the meeting (1)Reported matters: A.2021 Business Report. B.Audit Committee's Review Report on the 2021 Financial Statements. C.Report on the Distribution of Remuneration for Employees and Directors of 2021. D.Report on the Remuneration Received by Directors of 2021. E.Amendment to the "Corporate Social Responsibility Best-Practice Principles". F.The Dissemination Report on Relevant Measures of Article 25 and Article 25-1 of the Banking Act. 6.Cause for convening the meeting (2)Acknowledged matters: A.2021 Financial Statements. B.2021 Earnings Distribution. 7.Cause for convening the meeting (3)Matters for Discussion: A.Amendment to the "Articles of Incorporation". B.Amendment to the "Rules of Procedure for Shareholders Meetings". C.Amendment to the "Procedures for the Acquisition and Disposal of Assets". 8.Cause for convening the meeting (4)Election matters: The by-election of one independent director. 9.Cause for convening the meeting (5)Other Proposals:None. 10.Cause for convening the meeting (6)Extemporary Motions:None. 11.Book closure starting date:2022/03/11 12.Book closure ending date:2022/05/09 13.Any other matters that need to be specified: (1)A same person or same affiliated person who individually, mutually, or collectively acquires shares representing more than 5% of the voting rights of King's Town Bank shall report to the Financial Supervisory Commission (FSC) within 10 days after acquiring the shares.The same procedure shall also apply to every additional 1% voting-right- shares acquired or disposed of once exceeding the 5% threshold. A same person or same affiliated person who proposes to individually, mutually, or collectively acquire shares representing more than 10%, 25% or 50% of the voting rights of King's Town Bank shall apply to the FSC for approval in advance respectively. A third party who holds shares of the Bank on behalf of the same person or same concerned party in trust,by mandate or through other types of contract,agreement or authorization shall fall within the purview of a concerned party(please refer to Article 25 and Article 25-1 of the Banking Act of the Republic of China for more details). (2)Relevant matters for convening hybrid shareholders' meetings: i. Hybrid shareholders' meetings will be convened in accordance with Article 172-2 of the Company Act and Chapter II-2 of the Regulations Governing the Administration of Shareholder Services of Public Companies. ii. The Company will use the e-Meeting Platform by the Taiwan Depository & Clearing Corporation (TDCC) for this year's shareholders' meeting. Any organization using the e-Meeting Platform are required to be in line with TDCC's operating guidelines, Frequently Asked Questions (FAQ) and instructions, as well as all other relevant documents. Please visit the TDCC website for more information. (https://www.tdcc.com.tw/portal/zh/page/show/402897967d841 dba017e8eea7fc5009c) iii. Shareholders who choose to attend shareholders'meetings virtually will be deemed as having attended in person. iv. Shareholders who intend to participate virtually should, starting from 2022/04/09, complete registrations and sign-ups on the TDCC Stockvote (https://www.stockvote.com.tw/evote/index.html) two days prior to the date of their shareholders'meeting (before 2022/05/06).Solicitors or proxy agents who intend to participate virtually should fill out a letter of intent to attend shareholders'meetings via video conferencing and send it to the Company's shareholder services agent,i.e. Transfer Agency Department of CTBC Bank.(Address：No. 83-5,Sec. 1, Chongqing S. Rd.,Zhongzheng Dist., Taipei City 100003, Taiwan) ;the letter of intent should arrive from 2022/04/09 to 16:00, 2022/05/06. Participants will check in, watch a live stream of the meeting, text questions, and cast their votes at shareholders'meetings. v. Shareholders, solicitors, or proxy agents who have registered for attending shareholders'meetings virtually but intend to attend physically should withdraw their registration in the same way they have made the registration two days prior to the date of shareholders'meetings. Participants who fail to withdraw their registration by the said deadline can only attend virtually. vi. Shareholders who have exercised their voting right via written or electronic means but intend to attend shareholders' meetings virtually should withdraw their declaration of intent in the same way they have exercised their voting right two days prior to the date of shareholders' meetings. If participants fail to withdraw their declaration of intent by the said deadline, only the ballots cast via written or electronic means will count. vii. Shareholders who attend shareholders' meetings virtually and do not withdraw their declaration of intent after exercising their voting right via written or electronic means can only exercise their proposing and voting rights regarding extempore motions. They cannot vote on the original meeting proposals and the amendments to the content of the original meeting proposals, or propose to amend the content of the original meeting proposals. viii. Shareholders who have appointed proxy agents to attend shareholders' meetings are not allowed to attend themselves, except for relevant provisions stipulated in the Regulations Governing the Administration of Shareholder Services of Public Companies or the Company Act. Shareholders whose Power of Attorney (POA) has arrived at the Company to state that they have appointed proxy agents to attend shareholders' meetings but later intend to attend shareholders' meetings virtually should notify the Company to withdraw their appointment in writing two days prior to the date of shareholders' meetings. If participants fail to withdraw their appointment by the said deadline, only the ballots cast by their proxy agents will count. ix. In the event that the e-Meeting Platform fails or shareholders have difficulty attending virtually, before the chairperson announces the commencement of shareholders' meetings or during the meetings, due to natural disasters, incidents, or other force majeure, companies should check the total shares of shareholders that have attended. If the total shares do not reach the legally required number for resolutions in shareholders' meetings after deducting the shares of shareholders that attend virtually, then the meetings should be adjourned. The Company will postpone or reconvene their meeting on 2022/05/10 at 09:00 in 14F., No.506, Sec. 1, Ximen Rd., West Central Dist., Tainan City. Shareholders who have been listed on the shareholders register by the book closure date are entitled to attend shareholders' meetings. The Company will not resend their meeting notice. x. In the event that the said shareholders' meetings are to be postponed or reconvened, the Company will issue a Significant Announcement onto the Market Observation Post System (MOPS). xi. For matters not covered, please refer to the Regulations Governing the Administration of Shareholder Services of Public Companies and related regulations.