Shanghai Commercial & Savings Bank : Announcement of SCSB board of directors resolution on convening the 2022 Annual General Shareholders' Meeting.(Hybrid shareholders' meetings)

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Provided by: THE SHANGHAI COMMERCIAL & SAVINGS BANK, LTD.
SEQ_NO	2	Date of announcement	2022/03/26	Time of announcement	16:50:36
Subject	Announcement of SCSB board of directors resolution on convening the 2022 Annual General Shareholders' Meeting.(Hybrid shareholders' meetings)
Date of events	2022/03/26	To which item it meets	paragraph 17
Statement	1.Date of the board of directors' resolution:2022/03/26 2.Shareholders meeting date:2022/06/17 3.Shareholders meeting location: 1F, No. 8, Sec. 3, Minsheng East Road, Taipei, Taiwan AmazingHall, Light Chanson 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)The 2021 Business Report. (b)The 2021 Audit Committee's Review Report. (c)The 2021 Directors and Employees Remuneration Distribution Report. (d)The Company's report on "Sustainable Development Promotion Guidelines". (e)The Financial Debentures issued in 2021 Report. 6.Cause for convening the meeting (2)Acknowledged matters: (a)To accept 2021 Business Report and Financial Statements. (b)To approve the Proposal for Distribution of 2021 Earnings. 7.Cause for convening the meeting (3)Matters for Discussion: (a)Discussion of amendments to the Company's "Articles of Incorporation". (b)Discussion of amendments to the Company's "Procedures for Asset Acquisition and Disposal" (c)Discussion to approve the lifting of non-competition restrictions for directors and their representatives of the Company. 8.Cause for convening the meeting (4)Election matters:NA 9.Cause for convening the meeting (5)Other Proposals:NA 10.Cause for convening the meeting (6)Extemporary Motions:NA 11.Book closure starting date:2022/04/19 12.Book closure ending date:2022/06/17 13.Any other matters that need to be specified: (1)According to the Article 172-1 of Company Act, shareholder(s) holding one percent (1%) or more of the total number of outstanding shares of a company may propose to the company a proposal for discussion at a regular shareholders' meeting. The written proposal shall be submitted to the company before 2022/04/19 5:00pm via registered mail. The details on contact person and contact method are required to be indicated in the proposal, and please also indicate the wording of "Proposal for Shareholders' meeting" on envelop. The period of submission: from 2022/04/08 to 2022/04/19 Please mail the proposal to: Attention: Administration Management Department The Shanghai Commercial & Savings Bank 5F, No. 149, Sec. 2, MinSheng E. Rd., Taipei, Taiwan, R.O.C. (2)According to the Article 25 of the Banking Act, the same person or same concerned party who singly, jointly or collectively acquires more than five percent (5%) of a Bank's outstanding voting shares shall report such fact to the Competent Authority within ten (10) days from the day of acquisition; the preceding provision applies to each cumulative increase or decrease in the shares of the same person or same concerned party by more than one percent (1%) thereafter. The same person or same concerned party who intends to singly, jointly or collectively acquire more than ten percent (10%), twenty-five percent (25%) or fifty percent (50%) of a Bank's outstanding voting shares shall apply for prior approval of the Competent Authority. If the total number of a Bank's shares held by the same person or by the principal, his/her spouse and children under twenty (20) years of age exceeds one percent (1%) of the Bank's outstanding voting shares, such principal shall notify the Bank thereof. (3)Relevant matters for convening hybrid shareholders' meetings: i.Hybrid shareholders' meetings will be convened in accordance with Paragraph 3, 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/402897967d841dba017e8eea7fc5009c) 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 2022/05/18, 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 2022/06/14). 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 Hua Nan Securities Registrar & Transfer Agency Department(4F, No.54, Sec. 4, Minsheng East Road, Taipei, Taiwan)； the letter of intent arrive from 2022/05/18 to 16:00, 2022/06/14. 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 intention 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 intention 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, when the disconnection lasts for more than 30 minutes, 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 2022/06/22 at 09:00 in 3F, No. 149, Sec. 2, Minsheng East Road, Taipei, Taiwan (the conference room of SCSB). 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. (4)Other matters related to the 2022 Annual General Shareholders' Meeting, please refer to the announcement posted on Market Observation Post System for more details.