Yinson Integrated Annual Report 2025

346 YINSON HOLDINGS BERHAD EXPLANATORY NOTES ON SPECIAL BUSINESS: 5. ORDINARY RESOLUTION 17 – AUTHORITY TO ISSUE AND ALLOT SHARES OF THE COMPANY PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 The proposed Ordinary Resolution 17, if passed, would renew the mandate granted to the Directors for issuance of shares under Sections 75 and 76 of the Companies Act 2016 at the 31st AGM held on 16 July 2024 (“31st AGM”) (“General Mandate”). This authority, unless revoked or varied by the Company in a general meeting, will expire at the conclusion of the next AGM of the Company or at the expiry of the period within which the next AGM is required to be held after the approval was given, whichever is earlier. The purpose of this resolution is to grant the Company flexibility for potential fundraising activities, including but not limited to, the issuance of shares to fund current and/or future investment project(s), working capital, repayment of borrowings, acquisitions or the issuance of shares as consideration for the acquisition of assets or any other purposes deemed to be in the best interest of the Company by the Board. The General Mandate aims to empower the Company to issue new securities without convening separate general meetings to obtain its shareholders’ approval, thus minimising additional costs and time expenditures. The disapplication of pre-emptive rights pursuant to Section 85 of the Companies Act 2016 to be read together with Clause 13(G) of the Constitution of the Company will allow the Directors of the Company to issue new shares of the Company which will rank equally to the existing issued shares of the Company, to any person without having to offer new shares to all the existing shareholders of the Company prior to issuance of new shares in the Company under the General Mandate. The Company did not issue any new shares under the General Mandate which was approved at the 31st AGM. As at the date of this notice, there is no decision to issue new shares. Should there be a decision to issue new shares after the General Mandate is sought, the Company will make an announcement of the actual purpose and utilisation of proceeds arising from such issuance of shares. 6. ORDINARY RESOLUTION 18 – PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY The proposed Ordinary Resolution 18, if passed, will empower the Company to purchase its own ordinary shares up to ten percent (10%) of the total number of issued shares of the Company for the time being for such purposes as the Directors of the Company consider would be in the best interest of the Company. Further information on the Proposed Renewal of Share Buy-Back Authority is set out in the Statement to Shareholders dated 30 May 2025 which are available on the Company’s website at www.yinson.com. 7. ORDINARY RESOLUTION 19 – DIVIDEND REINVESTMENT PLAN The proposed Ordinary Resolution 19, if passed, will give authority to the Directors of the Company to allot and issue new YHB Shares pursuant to the Dividend Reinvestment Plan in respect of dividends declared after 32nd AGM, and such authority shall expire at the conclusion of the next AGM of the Company. STATEMENT ACCOMPANYING NOTICE OF ANNUAL GENERAL MEETING (Pursuant to Paragraph 8.27(2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad) A. The profiles of the Directors who are standing for re-election as per Agenda item nos. 4 and 5 of the Notice of the 32nd AGM are stated on pages 111 to 116 of the Company’s Integrated Annual Report 2025. There are no individuals who are standing for election as director (excluding directors standing for re-election) as per Appendix 8A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. B. Details on the authority to issue and allot shares in the Company pursuant to Sections 75 and 76 of the Companies Act 2016 are set out in Explanatory Note 5 of the Notice of the 32nd AGM. ANNUAL GENERAL MEETING

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