NOTICE OF TWENTY-THIRD ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Twenty-Third Annual General Meeting of WAH SEONG CORPORATION BERHAD (“the Company”) will be conducted through live streaming and online remote participation using Remote Participation and Voting (“RPV”) Facilities as a fully virtual general meeting at the Broadcasting Venue to be held at Matahari 3 & 4, Level 5, Cititel Mid Valley, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur, Wilayah Persekutuan, Malaysia on Tuesday, 30 May 2023 at 3.00 p.m. for the following purposes: AGENDA As Ordinary Business 1. To receive the Audited Financial Statements of the Company and the Group for the financial year ended 31 December 2022 and the Reports of the Directors and Auditors thereon. 2. To approve the Directors’ Fees of RM530,000 and Directors’ Meeting Allowances of RM216,000 payable for the financial year ended 31 December 2022. Ordinary Resolution 1 3. To approve the proposed increase in Directors’ Fees of up to RM950,000 and Directors’ Meeting Allowances of up to RM450,000 payable for the financial year ending 31 December 2023 and subsequent financial years. Ordinary Resolution 2 4. To re-elect the following Directors who retire pursuant to Clause 117 of the Company’s Constitution: (i) Dato’ Seri Robert Tan Chung Meng (ii) Chan Cheu Leong (iii) Tan Jian Hong, Aaron Ordinary Resolution 3 Ordinary Resolution 4 Ordinary Resolution 5 5. To re-elect the following Directors who retire pursuant to Clause 124 of the Company’s Constitution: (i) Datin Wan Daneena Liza Binti Wan Abdul Rahman (ii) Lily Rozita Binti Mohamad Khairi Ordinary Resolution 6 Ordinary Resolution 7 6. To re-appoint PricewaterhouseCoopers PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration. Ordinary Resolution 8 As Special Business To consider, and if thought fit, to pass the following Ordinary/Special Resolutions, with or without modifications thereto: 7. Ordinary Resolution Authority to Issue Shares by the Directors of the Company “THAT, subject always to the Companies Act, 2016 (“the Act”), the Company’s Constitution and approvals from the relevant governmental and/or regulatory bodies where such approvals shall be necessary, authority be and is hereby given to the Directors of the Company pursuant to Sections 75 and 76 of the Act, to issue and allot shares in the share capital of the Company from time to time upon such terms and conditions and for such purposes as may be determined by the Directors of the Company to be in the interest of the Company provided always that the aggregate number of shares to be issued pursuant to this resolution does not exceed 10% (ten per centum) of the total number of issued shares (excluding treasury shares) of the Company for the time being AND THAT the Directors of the Company be also empowered to obtain the approval for the listing of and quotation for the additional shares so issued on Bursa Malaysia Securities Berhad AND FURTHER THAT such authority shall continue to be in forced until the conclusion of the next Annual General Meeting (“AGM”) of the Company or the expiration of the period within which the next AGM is required by law to be held, whichever is the earlier; but an approval may be revoked or varied at any time by a resolution of the Company in general meeting.” Ordinary Resolution 9 Annual Report 2022 Wah Seong Corporation Berhad 213
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