NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Seventh Annual General Meeting (“7th AGM”) of Press Metal Aluminium Holdings Berhad (“the Company”) will be conducted on a virtual basis through live streaming from the broadcast venue at Suite 61 & 62, Setia Avenue, No. 2, Jalan Setia Prima S U13/S, Setia Alam Seksyen U13, 40170 Shah Alam, Selangor Darul Ehsan, Malaysia (“Broadcast Venue”) on Wednesday, 14 June 2023 at 10.30 a.m. for the purpose of considering and if thought fit, passing with or without modifications the resolutions set out in this notice: A G E N D A As Ordinary Business 1. To receive the Audited Financial Statements for the financial year ended 31 December 2022 together with the Reports of the Directors and Auditors thereon. [Please refer to Explanatory Note 1] 2. To approve the payment of Directors’ fees to the Non-Executive Directors for an amount of up to RM1,100,000.00 for the financial year ending 31 December 2023 (2022: RM830,000.00). Ordinary Resolution 1 [Please refer to Explanatory Note 2] 3. To approve the payment of benefits payable to the Non-Executive Directors for an amount of up to RM111,000 from the date of the forthcoming Annual General Meeting until the conclusion of the next Annual General Meeting of the Company. Ordinary Resolution 2 [Please refer to Explanatory Note 2] 4. To re-elect the following Directors who retire by rotation in accordance with Clause 95 of the Constitution of the Company and being eligible, have offered themselves for re-election: (i) Dato’ Koon Poh Tat Ordinary Resolution 3 (ii) Mr. Koon Poh Kong Ordinary Resolution 4 (iii) Mr. Koon Poh Weng Ordinary Resolution 5 [Please refer to Explanatory Note 3] 5. To re-appoint Messrs KPMG PLT as Auditors of the Company and to authorise the Directors to fix their remuneration. Ordinary Resolution 6 As Special Business To consider and if thought fit, to pass the following resolutions with or without modifications: 6. Proposed Renewal of Authority under Sections 75 and 76 of the Companies Act 2016 (“the Act”) and the Constitution of the Company for the Directors to allot and issue shares Ordinary Resolution 7 [Please refer to Explanatory Note 4] “THAT pursuant to Sections 75 and 76 of the Act, the Directors be and are hereby authorised and empowered to allot and issue shares in the Company at any time until the conclusion of the next AGM of the Company and upon such terms and conditions and for such purposes as the Directors may, in their absolute discretion, deem fit provided that the aggregate number of shares to be issued does not exceed ten per centum (10%) of the total number of issued shares of the Company (excluding treasury shares) at the time of issue, subject always to the Constitution of the Company and approval of all relevant regulatory bodies being obtained for such allotment and issuance. NOTICE OF ANNUAL GENERAL MEETING ANNUAL REPORT 2022 322
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