Asia Pacific Wire & Cable Corporation Limited to Host 2023 Annual Shareholders Meeting on July 24, 2023

TAIPEI, Taiwan, May 16, 2023 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) (the "Company"), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced that the Company will host its 2023 Annual General Meeting (the "Meeting") for shareholders at the office of Pacific Holdings Group located at 2901 Dallas Parkway, Suite 360, Plano, Texas 75093 on Monday, July 24, 2023 at 9:00 am EDT.

The Meeting is being held for the purposes below, and additional information, including the agenda of all matters being put to a vote of shareholders, will be provided in the Notice of Meeting (the "Notice of Meeting") and related proxy statements that will be provided to shareholders. As of the date hereof, the agenda is intended to include for voting by shareholders the matters set forth below. The Company reserves the right to finalize the meeting agenda at its discretion.

1. To approve the written record of the last Annual General Meeting of Shareholders of the Company held on September 16, 2022;
2. To approve the minimum number of directorships at two (2) and the maximum number of directorships at seven (7);
3. To elect up to seven (7) directors;  
4. To approve the compensation to be paid to each of the directors;
5. To present before the Meeting the audited financial statements of the Company for the fiscal year ended December 31, 2022;
6. To approve the appointment of PricewaterhouseCoopers Taiwan as the independent auditor of the Company for the 2023 fiscal year, and to authorize the Board of Directors of the Company acting through its Audit Committee to determine the remuneration of the independent auditors for the 2023 fiscal year; and
7. To consider such other matters as may be appropriately brought before the shareholders.
   

The record date for shareholders wishing to vote in the Meeting is planned to be set on May 26, 2023. All shareholders of record as of the record date shall be entitled to one vote per share on all matters put to shareholders at the Meeting, all as shall be more fully described in the Notice of Meeting and related proxy statements that will be provided to shareholders of record.

Shareholders not able to attend the Meeting in person will be invited to participate by conference telephone by dialing into the Meeting on one of the conference call-in numbers that will be provided in the Notice of Meeting. In order to vote, shareholders must attend the meeting in person or vote by proxy. The Company’s proxy statement will be furnished in advance of the Meeting to shareholders of record as of the record date.