The company’s board of directors resolved to convene the first extraordinary shareholders’ meeting in 2023 and related matters

Announcement number: 1

Purpose:  The company’s board of directors resolved to convene the first extraordinary shareholders’ meeting in 2023 and related matters

Type of shareholders’ meeting:  Extraordinary shareholders’ meeting

Meeting date: 2023/08/31

Closing date of transfer: 2023/08/02

Closing date of transfer: 2023/08/31

Announcement content:

This year’s extraordinary shareholders’ meeting is planned to be held at 10:00 a.m. on August 31, 2023 (Thursday). The location and reasons for the convening are as follows:

1.Location: 4th Floor, No. 32, Keya Road, Daya District, Taichung City (Company Conference Room)

2.Reasons for convening: 

   (1)The company intends to  suspend public issuance for overseas listing. In order to improve operating efficiency and international layout, the company plans to list on the U.S. stock exchange to raise funds according to the SPAC model; the company has completed the cooperation with CHENGHE ACQUISITION CO. (Nasdaq listed SPAC company), SEMILUX INTERNATIONAL LTD. and SEMILUX LTD signed a BUSINESS COMBINATION AGREEMENT (including its attachments and schedules and the company’s disclosure list, hereinafter referred to as the “BCA”) in order to complete the listing process in the United States after this merger. Request shareholders to stop public issuance in Taiwan through our company

   (2)proposal to lift the non-competition restrictions of directors.
The company’s board of directors has passed the proposal to lift the non-competition restrictions of managers and directors on July 21, and submitted it to the shareholders’ meeting to approve the list of managers and directors who have lifted the non-competition restrictions:

      A.Directors Chairman –X.Z. Xu serves as the chief financial officer of SEMILUX INTERNATIONAL LTD.

      B.Director –C.F. Wang serves as the director of SEMILUX INTERNATIONAL LTD.

      C.General manager – Y. P. Chang serves as the legal representative and director of SEMILUX INTERNATIONAL LTD.