Kindom Development Co.,Ltd. Notice of 2020 Annual General Shareholders' Meeting

This document is prepared in accordance with the Chinese version and is for reference only .In the event of any discrepancy between the English version and the Chinese version, the Chinese version shall prevail.

• I. The Company will hold its 2020 Annual General Shareholders' Meeting at 9 a.m. on June 19, 2020 at No. 131, Sec. 3, Heping East Road, Taipei City (1st Lobby of the Company). Registration for shareholders will begin at 8:30 a.m. at the same venue.

• II. The agenda for the meeting is as follows:

• (I) Announcements:

• 2019 Business Report.

• Audit Committee's Review Report on the 2019 Financial Statements.

• 2019 Employees' and Directors' Remuneration Distribution Report.

• Corporate Bond Status Report.

• Other Matters:

• (1) The Company's endorsements/guarantees for others.

• (2) Amendments to the "Rules of Procedure for Board of Directors Meeting".

• (3) Amendments to the "Ethical Corporate Management Best Practice Principles".

• (4) Amendments to the "Corporate Social Responsibility Best Practice Principles".

• (II) Proposal:

• The Company's 2019 Business Report and Financial Statements. 2. 2019 Earnings Distribution.

(III) Extempore Motions.

• III. The Company's Earnings Distribution Plan is drafted by the Board of Directors: cash dividend of NT$1.5 per share will be distributed upon approval from the Shareholders' Meeting. The ex-dividend date and dividend payout dates will be separately established.

• IV. Pursuant to regulations on Article 172 of the Company Act, the major contents of this Shareholders' Meeting will be available on the Market

Observation Post System (MOPS); query website: http://mops.twse.com.tw.

• V. Each shareholder of the Company is provided with one Attendance Notice and one Letter of Entrustment. The shareholders who have decided to attend the meeting in person, shall sign or seal on the Attendance Notice (return of the form by post is not required), and bring it for registration on the day of the meeting . If shareholders need to entrust a proxy to attend, they shall sign or seal on the Letter of Entrustment, and fill in the proxy's name and address, which is to be sent back to the Company's agency: Agency Department of CTBC Bank Co., Ltd. at least five days before the meeting. The agency department will send out the attendance certificate according to the information on the Letter of Entrustment to the proxy entrusted.

• ※Ⅵ. If there are shareholders soliciting the Letter of Entrustment, the Company will upload the summary table of materials solicited by shareholders to the website of Securities and Futures Institute on May 19, 2020. The investors who wish to make an inquiry can simply fill in the inquiry criteria at "Letter of Entrustment Free Inquiry System" on the SFI website (https://free.sfi.org.tw).

• VII. In this Shareholders' Meeting, voting power may be executed through an electronic form during the period from May 20, 2020 to June 16, 2020. Please log onto the e-voting platform for Shareholders' Meeting of Taiwan Depository & Clearing Corporation (website: http://www.stockvote.com.tw) for voting.

• VIII. The statistical and verification institution for this General Shareholders' Meeting is the Agency Department of CTBC Bank Co., Ltd.

• IX. We would appreciate it if you could handle the meeting according to the above descriptions.

Sincerely, Esteemed Shareholders

The Board of Directors of Kindom Development Co.,Ltd.