Yinson Annual Report 2020

350 Yinson Holdings Berhad SECTION 8 ANNUAL GENERAL MEETING (ii) Via online system The instrument appointing a proxy can be electronically submitted to the Share Registrar via Securities Services e-Portal at www.sshsb.net.my/login (Kindly refer to the ‘Administrative details‘ section for the 27 th AGM for further information). 9. Pursuant to Paragraph 8.29A of Bursa Malaysia Securities Berhad Main Market Listing Requirements, all resolutions set out in this notice will be put to vote on a poll. 10. Depositors who appear in the Record of Depositors as at 9 July 2020 shall be regarded as member of the Company entitled to attend the Annual General Meeting or appoint a proxy to attend, speak and vote on his/her behalf. EXPLANATORY NOTES ON ORDINARY BUSINESS: 1. ITEM 1 OF THE AGENDA – RECEIPT OF REPORT AND AUDITED FINANCIAL STATEMENTS The Audited Financial Statements together with the reports of the Directors and Auditors in Agenda item no. 1 is meant for discussion only as the provision of Section 340(1)(a) of the Act, does not require a formal approval of shareholders. Hence, this item on the Agenda is not put forward for voting. 2. ORDINARY RESOLUTIONS 2 & 3 – DIRECTORS’ FEES AND BENEFITS In March 2020, the Nominating and Remuneration Committee (“NRC”) had reviewed the fees and benefits of the Board of Directors (“Board”) and Board Committees taking into consideration the market trends for similar positions, time commitment and responsibilities of the respective Directors. No revision of Directors’ fees and benefits have been recommended by the NRC and the structure of Directors’ fees and benefits remained as follows: Type of Fees RM Board fees Non-Executive Director/Independent Director 200,000/annum Executive Director 50,000/annum Chairman of the Board 60,000/annum Audit Committee/Board Risk Management Committee fees Committee Chairman fees 30,000/annum Committee Member fees 20,000/annum Other Board Committees Committee Chairman fees 20,000/annum Committee Member fees 10,000/annum Type of Benefits RM Meeting Attendance Allowance Board Meeting and General Meeting allowances 2,000/meeting Board Committees allowances 1,000/meeting NOTICE OF ANNUAL GENERAL MEETING (cont’d)