Issuer：Apex International Co. ltd,.
Issuance date：03 March 2021

Apex（4927） today held a meeting of the Board of Directors, which passed the following resolutions:

1. Approved the 2020 Business Report and Financial Statements. Consolidated revenue of NTD11.83 billion, gross profit from operations of NTD2.5 billinon, consolidated operating profit of NTD1.19 billion, after tax consolidated net profit of NTD1.2 billion and earnings per share of NTD6.31 reaches a record high. YoY of 2020 consolidated revenue increased 13.9%, consolidated gross profit from operations increased 27.3%, consolidated operating profit increased 42.0% and after tax consolidated net profit increased 44.9%.
   The 4th quarter consolidated revenue of NTD3.02 billion, gross profit from operations of NTD585 million, consolidated operating profit of NTD218 million, after tax consolidated net profit of NTD209 million and earnings per share of NTD1.09. YoY of 4th quarter consolidated revenue increased32.6%, consolidated gross profit from operations increased 72.5%, consolidated operating profit increased364.7% and after tax consolidated net profit increased 347.8%.
2. Approved distribution approximately NT$ 3.00 per share as cash dividend for shareholders. The total dividend number will be rounded down to zero decimal place. The fractional number after 1 decimal place will be taken as the Company’s other income. The proposed distribution of cash dividends is based on total outstanding shares of 189,937,988 shares, if the approved cash distribution ratio is required to be adjusted due to amendment of laws or regulations, request of competent authority, or any change of the numbers of the issued and outstanding shares, it is proposed that the Annual General Meeting authorize the Board of Directors with full power to adjust the distribution ratio.
3. Approved the convening of the 2021 AGM for 9:00 a.m. on May 31, 2021 at 2F, No.100, Dunhua N. Rd., Songshan Dist., Taipei City, Taiwan R.O.C. (Sunworld Dynasty Hotel, VIP1)