343 INTEGRATED ANNUAL REPORT 2025 EXPLANATORY NOTES ON ORDINARY BUSINESS: 1. ITEM 1 OF THE AGENDA – AUDITED FINANCIAL STATEMENTS The Audited Financial Statements together with the reports of the Directors and Auditors in Agenda item no. 1 is meant for discussion only as the provision of Section 340(1)(a) of the Companies Act 2016 (“Act”), does not require a formal approval of shareholders. Hence, this item on the Agenda is not put forward for voting. 2. DIRECTORS’ FEES AND BENEFITS Section 230(1) of the Act provides that the fees of directors and benefits payable to the directors of a public company shall be approved at a general meeting. i. Ordinary Resolutions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 and 12 The Board, at its meeting held in March 2025, approved the Nominating and Remuneration Committee’s (“NRC”) recommendation for the Directors’ fees for the financial year ended 31 January 2025 to remain unchanged, based on the following fee structure: Type of Fees RM Board fees Chairman of the Board 60,000/annum Non-Executive Director/Independent Director 200,000/annum Executive Director 50,000/annum Audit Committee fees Committee Chairman 40,000/annum Committee Member 25,000/annum Board Risk & Sustainability Committee fees Committee Chairman 30,000/annum Committee Member 20,000/annum Nominating & Remuneration Committee fees Committee Chairman 30,000/annum Committee Member 20,000/annum Payment of the Directors’ fees for the financial year ended 31 January 2025, totaling RM2,049,236.00, will be made by the Company to the respective Directors upon the shareholders’ approval of Ordinary Resolutions 1 to 12 at the 32nd AGM. This includes payment to Mr Lim Han Joeh, who retired on 16 July 2024, in recognition of his time, expertise, responsibilities, and contributions while serving as a Non-Independent Non-Executive Director of the Company from 1 February 2024 to 16 July 2024. ANNUAL GENERAL MEETING | NOTICE OF ANNUAL GENERAL MEETING
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