Additional Information Additional Information Press Metal Aluminium Holdings Berhad 318 319 Integrated Annual Report 2023 AND THAT the Directors of the Company be and are hereby authorised to complete and do all such acts and things (including executing all such documents as may be required) as they may consider expedient or necessary to give effect to the Proposed Shareholders’ Mandate for RRPT.” 8. Proposed Renewal of Shareholders’ Mandate for the Authority to the Company to Purchase its own Ordinary Shares (“Proposed Renewal of Share Buy-Back Authority”) “THAT subject to the Companies Act 2016 (“the Act”), the provisions of the Constitution of the Company, the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”) and all other applicable laws, guidelines, rules and regulations for the time being in force and the approvals of all relevant governmental and/or regulatory authority, approval be and is hereby given to the Company, to the fullest extent permitted by law, to purchase such number of issued ordinary shares in the Company as may be determined by the Directors of the Company from time to time through Bursa Securities upon such terms and conditions as the Directors may deem fit, necessary and expedient in the best interest of the Company, provided that: (a) the maximum aggregate number of issued ordinary shares in the Company which may be purchased (“Purchased Shares”) and/or held by the Company as treasury shares shall not exceed ten per centum (10%) of the total number of issued shares of the Company as quoted on Bursa Securities at any point in time of the said purchase(s); and (b) the maximum funds to be allocated by the Company for the purpose of purchasing its ordinary shares shall not exceed the total retained profits of the Company based on the latest audited financial statements and/or the latest unaudited financial statements of the Company (where applicable) available at the time of the purchase(s). THAT the authority conferred by this resolution will commence immediately upon passing of this resolution and shall continue to be in force until: (a) The conclusion of the next Annual General Meeting (“AGM”) of the Company following the forthcoming AGM at which the Proposed Renewal of Share Buy-Back Authority is approved, at which time the said authority shall lapse, unless by an ordinary resolution passed at that meeting, the authority is renewed, either unconditionally or subject to conditions; (b) the expiration of the period within which the next AGM of the Company is required by law to be held; or (c) revoked or varied by an ordinary resolution passed by the shareholders of the Company in a general meeting, whichever occurs first but shall not prejudice the completion of purchase(s) by the Company of its own ordinary shares before the aforesaid expiry date and, in any event, in accordance with the MMLR of Bursa Securities and any applicable laws, rules, regulations, orders, guidelines and requirements issued by any relevant authorities. Ordinary Resolution 9 [Please refer to Explanatory Note 6] Notice of Annual General Meeting THAT upon completion of the purchase by the Company of its own ordinary shares, the Directors of the Company be and are hereby authorised to deal with the Purchased Shares in their absolute discretion in the following manner as may be permitted by the Act, MMLR of Bursa Securities, applicable laws, rules, regulations, orders, guidelines and/or requirements of any relevant authorities for the time being in force: (a) To cancel all or part of the Purchased Shares; (b) To retain all or part of the Purchased Shares as treasury shares as defined in Section 127 of the Act; (c) To distribute all or part of the treasury shares as share dividends to the shareholders of the Company; (d) To resell all or part of the treasury shares; (e) To transfer all or part of the treasury shares for the purposes of or under an employees’ shares scheme established by the Company and/or its subsidiaries (if any); and (f) To transfer all or part of the treasury shares as purchase consideration. AND THAT the Directors of the Company be authorised to take all such steps as are necessary [including without limitation, the opening and maintaining of central depository account(s) under Securities Industry (Central Depositories) Act, 1991, and the entering into all other agreements, arrangements and guarantee with any party or parties] to implement, complete and do all such acts and things (including executing all such documents as may be required) as they may consider expedient or necessary to give effect to the purchase by the Company of its own ordinary shares with full powers to assent to any conditions, modifications, revaluations, variations and/or amendments (if any) as may be imposed by the relevant authorities from time to time or as the Directors may deem fit and expedient in the best interests of the Company.” 9. To transact any other business for which due notice shall have been given in accordance with the Companies Act 2016. BY ORDER OF THE BOARD TAI YIT CHAN (MAICSA 7009143) (SSM PC No. 202008001023) TAN AI NING (MAICSA 7015852) (SSM PC No. 202008000067) Company Secretaries Selangor Darul Ehsan Date: 30 April 2024 Notice of Annual General Meeting
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