3. Where a Member of the Company is an authorised nominee as defined under SICDA, it may appoint at least one (1) proxy in respect of each securities account it holds with ordinary shares of the Company standing to the credit of the said securities account. 4. If the appointer is a corporation, the proxy form must be executed under the common seal or under the hand of its officer or attorney duly authorised in writing. 5. The Twenty-Third Annual General Meeting (“23rd AGM”) will be conducted using RPV Facilities as a fully virtual general meeting by the Company’s appointed agent, Tricor Investor & Issuing House Services Sdn. Bhd.. The registration, participation and voting procedures are as detailed in the Administrative Guide which is available on the Company’s website at www.wahseong.com. 6. Pursuant to Section 327(2) of the Companies Act, 2016, the Chairman will be present at the Broadcasting Venue being the main venue of the 23rd AGM. Hence, no shareholders/proxies/corporate representatives from the public will be physically present. 7. A Member registered in the Record of Depositors as at 24 May 2023 who is entitled to attend and vote at the 23rd AGM may appoint the Chairman of the meeting as his/her proxy. 8. In accordance with Section 334(3) of the Companies Act, 2016, the instrument appointing a proxy and the power of attorney or other authority, if any, under which is signed or a notarially certified copy of that power or authority shall be deposited as follows, not less than forty-eight (48) hours before the time for holding the meeting or adjourned meeting at which the person named in the instrument proposes to vote, or, in the case of a poll, not less than twenty-four (24) hours before the time appointed for the taking of the poll at the 23rd AGM. Pursuant to Paragraph 8.29A(1), Chapter 8 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, all resolutions set out in this notice are required to be voted by poll. (a) Deposit Hardcopy of Proxy Form To the Company’s Registered Address at 59-7, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur, Wilayah Persekutuan, Malaysia. (b) Deposit of Proxy Form Electronically To Tricor Investor & Issuing House Services Sdn. Bhd. via the TIIH Online website at https://tiih.online. (c) The above Proxy Forms must be deposited accordingly latest by Monday, 29 May 2023 by 3.00 p.m. Explanatory Notes on Ordinary Business 1. 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 The Audited Financial Statements of the Company and the Group for the financial year ended 31 December 2022 are to be laid at the 23rd AGM in accordance with Section 340(1)(a) of the Companies Act, 2016 for discussion purpose only and do not require shareholders’ approval. 2. Payment of Directors’ Fees and Directors’ Meeting Allowances for the financial year ended 31 December 2022 The proposed Ordinary Resolution 1 is to obtain shareholders’ approval for the payment of Directors’ Fees and Directors’ Meeting Allowances in respect of the financial year ended 31 December 2022. 3. Proposed increase in Directors’ Fees and Directors’ Meeting Allowances for the financial year ending 31 December 2023 and subsequent financial years The proposed Ordinary Resolution 2 is to obtain shareholders’ approval for the increase in Directors’ Fees and Directors’ Meeting Allowances in respect of the financial year ending 31 December 2023 and subsequent financial years, due to the increased number of new Directors on Board and the expected increase in the number of Board and/or Committees’ meetings scheduled during the financial year ending 31 December 2023 and the subsequent financial years. NOTICE OF TWENTY-THIRD ANNUAL GENERAL MEETING Wah Seong Corporation Berhad Annual Report 2022 216
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