CTBC Financial : Notice for the Convention of the 2023 Extraordinary General Meeting
August 18, 2023 at 03:09 pm IST
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CTBC Financial Holding Co., Ltd.
Notice for the Convention of the 2023 Extraordinary General Meeting
Time and location
Date and time: 9:00 AM, Sept. 6, 2023
Location: 12F., The Grand Ballroom, The Grand Hotel, No. 1, Zhongshan N. Rd., Sec. 4, Taipei, Taiwan, R.O.C.
Reasons for convening the meeting
Items for Acceptance
1. Preferred shares amendment to the 2022 earnings distribution plan
Questions and Motions
Other matters that need to be specified
Preferred shares amendment to the 2022 earnings distribution plan:
The Company has issued a total of 333,330,000 preferred shares B and will distribute preferred share B dividends totaling NT$749,992,500, calculated at a subscription price of NT$60 per share and a dividend rate of 3.75% per annum. The Company has issued a total of 166,660,000 preferred shares C and will distribute preferred share C dividends totaling NT$319,987,200, calculated at a subscription price of NT$60 per share and a dividend rate of 3.2% per annum.
Cash dividends on preferred shares shall be allocated to individual shareholders by rounding down to the nearest NT$1 (decimals are not taken into account), and the sum of all fractional dividends less than NT$1 shall be recognized as other income of the Company.
Pursuant to the Company's Articles of Incorporation and the issuance conditions of the Preferred Share B and Preferred Share C, the shareholders of the Preferred Share B and Preferred Share C have no voting right at the shareholders' meeting. However, such shareholders are entitled to be elected as a director of the Company and have the voting right at preferred shareholders' meetings and on matters related to rights and obligations of preferred shareholders at the shareholders' meeting. Therefore, the shareholders of the Preferred Share B and Preferred Share C only have the voting right on the Proposal 1 "Preferred shares amendment to the 2022 earnings distribution plan" of the Items for Acceptance.
The hybrid shareholders' meeting will be convened this year. Shareholders can attend the
shareholders' meeting either in person or virtually. Shareholders who intend to participate virtually,
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please refer to the relevant matters for convening hybrid shareholders' meeting in the Chinese version of shareholders' meeting notice.
Virtual Meeting Platform:
The Virtual Meeting Platform of Taiwan Depository & Clearing Corporation
【https://stockservices.tdcc.com.tw】
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CTBC Financial Holding Co. Ltd. published this content on 18 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2023 09:38:01 UTC.
CTBC FINANCIAL HOLDING CO., LTD. is a Taiwan-based financial holding company. The Company is principally engaged in investment banking business, bills finance business, credit card business, trust business, insurance business, securities business, futures business, venture capital business, securities investment trust business, foreign financial institution investment business and other financial related businesses. The Company operates its businesses in domestic market and overseas markets.