MSTGOLF Annual Report 2024

SECTION 5: OTHER INFORMATION 224 NOTICE OF ANNUAL GENERAL MEETING (Ordinary Resolution 1) (Ordinary Resolution 2) (Ordinary Resolution 3) (Ordinary Resolution 4) (Ordinary Resolution 5) NOTICE IS HEREBY GIVEN THAT the Thirty-Second Annual General Meeting of MST Golf Group Berhad (“MST Golf” or “the Company”) will be held at Ballroom I, Main Wing, Level 1, Tropicana Golf & Country Resort, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor, Malaysia, on Monday, 26 May 2025 at 10.00 a.m. for the following purposes: A G E N D A Ordinary Business 1. To receive the Audited Financial Statements for the financial year ended 31 December 2024 together with the Reports of the Directors and Auditors thereon. (Please refer to Explanatory Note 1) 2. To re-elect the following Directors who are retiring pursuant to Clause 107 of the Constitution of the Company and being eligible, have offered themselves for re-election: (a) Datin Suryani Binti Ahmad Sarji (b) Alice Lee Chia Yee (Please refer to Explanatory Note 2) 3. To approve the payment of Directors’ fees and benefits payable (including allowances) of up to RM321,000 to the Non-Executive Directors for the period from 26 May 2025 until the conclusion of the next Annual General Meeting of the Company to be held in 2026. (Please refer to Explanatory Note 3) 4. To re-appoint Grant Thornton Malaysia PLT as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company in 2026 and to authorise the Board of Directors of the Company to determine their remuneration. (Please refer to Explanatory Note 4) Special Business To consider and, if thought fit, to pass with or without any modification, the following resolution: 5. PROPOSED RENEWAL OF EXISTING SHAREHOLDERS’ MANDATE AND PROPOSED NEW SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF REVENUE OR TRADING NATURE “THAT subject to the provisions of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), approval be and is hereby given to the Company and its subsidiaries (“MST Golf Group”) to enter into any of the transactions falling within the types of recurrent related party transactions of a revenue or trading nature of the MST Golf Group with specified classes of Related Parties (as defined in the MMLR and as specified in Section 2.4 and particulars which are set out in Section 2.5 of the Circular to Shareholders dated 25 April 2025 (“Circular”) which are necessary for the day-to-day operations and are in the ordinary course of business, are carried out at arms’ length and based on normal commercial terms of the MST Golf Group and on terms not more favourable to the Related Parties than those generally available to the public and are not, in the Company’s opinion, detrimental to the minority shareholders of the Company and that such approval shall continue to be in force until: (i) the conclusion of the Annual General Meeting (“AGM”) in year 2026 at which time it will lapse, unless by a resolution passed at the meeting, the authority is renewed; or

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