Concepcion Industrial Corporation Publishes AGM Notice

NOTICE OF THE ANNUAL SHAREHOLDERS MEETING

TO: ALL SHAREHOLDERS

It is hereby reported that CONCEPT INDUSTRIAL CORPORATION (formerly Concepcion Airconditioning Corporation) (“the Corporation”) will hold its annual shareholder meeting virtually through Increase July 20, 2022 at 10:30 am, which will address the following issues:

  1. call to order;
  2. Quorum confirmation;
  3. Approval of the minutes of the annual meeting of shareholders on July 14, 2021;
  4. Chairman’s report;
  5. Approval of the audited financial statements as at 31 December 2021;
  6. election of directors;
  7. Appointment of External Auditors
  8. Ratification of all actions taken by the Board and management;
  9. Other matters; as well as
  10. Postponement.

The registration date for determining shareholders who have the right to notify about the said meeting and vote at it is set at the end of the working day on June 20, 2022.

To ensure the health and well-being of our shareholders during this COVID-19 pandemic, shareholders may only attend the meeting remotely and/or vote. in absentia or through the chairman of the meeting as a proxy. Shareholders wishing to participate via remote communication or voting in absentia or by proxy must notify the Corporate Secretary by e-mail cic.secretary@romulo.com from June 29, 2022 – July 8, 2022.

Successful registrants will receive an email invitation with detailed guidance on how to join the meeting. For any questions related to registration, please contact the corporation at cic.secretary@romulo.com.

All shareholders who wish to vote by proxy or in absentia must submit duly signed powers of attorney or ballots, as the case may be, to the office of the Corporate Secretary at 21st. Floor, Philamlife Tower, 8767 Paseo de Roxas, Makati City and/or email cic.secretary@romulo.com no later than July 8, 2022. Submitted powers of attorney and ballots must be confirmed on July 13, 2022 at 14:00. We do not ask for a power of attorney.

An information message containing a brief explanation of each issue on the agenda and the procedure for participating in the meeting via remote communication and voting. in absentiaThe management’s report and the Annual Report for the year ended December 31, 2021, in SEC 17-A form, are posted on the Corporation’s website at https://cic.ph/investor-relations/#annual-stockholders and PSE EDGE.

The meeting is recorded in audio and video format, copies of which are kept by the Corporation.

                                                               JAYSON L. FERNANDEZ 
                                                               Corporate Secretary