ANNUAL REPORT 2024 219 D) Ordinary Resolution 8 – Re-appointment of Messrs. Crowe Malaysia PLT as Auditors of the Company The Audit Committee (“AC”) has assessed and evaluated the performance, suitability and competencies of Messrs. Crowe Malaysia PLT based on the guidelines and criterion as disclosed in the AC Report of the 2024 Annual Report. The Board was satisfied with the effective assessment procedures performed and reported by the AC. Accordingly, the Board approved the AC’s recommendation to re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company until the conclusion of the next AGM of the Company. Messrs. Crowe Malaysia PLT have indicated their willingness to be re-appointed as Auditors of the Company. E) Special Business Ordinary Resolution 9 – Authority to Issue and Allot Shares pursuant to Sections 75 and 76 of the Companies Act, 2016 Ordinary Resolution 9, if passed, will empower the Directors of the Company to issue and allot shares in the Company up to an aggregate amount not exceeding ten per centum (10%) of the issued shares of the Company for the time being for such purposes as they consider would be in the interest of the Company. This authority unless revoked or varied at a general meeting will expire at the next AGM. This renewed mandate will provide flexibility to the Company for the allotment of shares for the purpose of funding working capital, future expansion, investment and/or acquisition(s) as deemed necessary. As at the date of this notice, no new shares in the Company were issued pursuant to the mandate granted to the Directors at the Fifteenth AGM held on 2 August 2023 which will lapse at the conclusion of the Sixteenth AGM. F) Special Business Ordinary Resolution 10 – Proposed Renewal of Share Buy-Back Authority Ordinary Resolution 10, if passed, will empower the Company to purchase up to 10% of the total number of issued shares of the Company. The details on the Proposed Renewal of Share Buy-Back Authority are set out in the Statement to Shareholders dated 28 June 2024. G) Ordinary Resolutions 11, 12 and 13 – Proposed allocation of ESOS Options to YM Tengku Dato’ Seri Abu Bakar Ahmad bin Tengku Tan Sri Abdullah, Encik Ahmad Ridwan bin Abdullah and Ms Michelle Yong Voon Sze The establishment of the ESOS of up to 7.5% of the total number of issued ordinary shares in the Company (excluding treasury shares, if any) at any point in time during the duration of the ESOS for the eligible Directors and employees of the Company and its subsidiaries (excluding dormant subsidiaries) was approved by the shareholders of the Company at the Extraordinary General Meeting held on 20 February 2020. YM Tengku Dato' Seri Abu Bakar Ahmad bin Tengku Tan Sri Abdullah, Encik Ahmad Ridwan bin Abdullah and Ms Michelle Yong Voon Sze (“Interested Directors”) who were appointed to the Board of Directors in the year 2023 have not been allocated the ESOS Options. The Interested Directors will abstain from voting in respect of their shareholdings (if any) in the Company on the respective resolutions pertaining to the proposed allocation of ESOS Options to them at the Sixteenth AGM. The proposed Ordinary Resolutions 11, 12 and 13, if passed, will empower the ESOS Committee from time to time throughout the duration of the ESOS, to offer and grant ESOS Options to YM Tengku Dato' Seri Abu Bakar Ahmad bin Tengku Tan Sri Abdullah, Encik Ahmad Ridwan bin Abdullah and Ms Michelle Yong Voon Sze being the Directors of the Company, subject always to such terms and conditions of the By-Laws and/or any adjustment which may be made in accordance with the provisions of the By-Laws. ANNUAL GENERAL MEETING NOTICE OF SIXTEENTH
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