339 INTEGRATED ANNUAL REPORT 2026 ANNUAL GENERAL MEETING | NOTICE OF ANNUAL GENERAL MEETING 4. ORDINARY RESOLUTION 20 – RE-APPOINTMENT OF AUDITORS At its meeting held on 14 May 2026, the Audit Committee reviewed the results of the External Auditors Evaluation for the financial year ended 31 January 2026 and was satisfied with the quality of service, adequacy of resources provided, communication and interaction skills, as well as the independence, objectivity, and professionalism demonstrated by the External Auditors, PricewaterhouseCoopers PLT, in the discharge of their duties. Based on the Audit Committee’s recommendation, the Board has endorsed the re-appointment of PricewaterhouseCoopers PLT as the External Auditors of the Company for the financial year ending 31 January 2027, to be tabled for shareholders’ approval. The Board is also seeking shareholders’ approval to authorise the Directors to fix the remuneration of the External Auditors for the financial year ending 31 January 2027. EXPLANATORY NOTES ON SPECIAL BUSINESS: 5. ORDINARY RESOLUTION 21 – AUTHORITY TO ISSUE AND ALLOT SHARES OF THE COMPANY PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 The proposed Ordinary Resolution 21, if passed, will renew the mandate granted to the Directors at the 32nd AGM held on 25 July 2025 (“32nd AGM”) for the issuance of shares pursuant to Sections 75 and 76 of the Companies Act 2016 (“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 is given, whichever is earlier. The purpose of this resolution is to provide the Company with flexibility for potential fund-raising activities, including but not limited to the issuance of shares to fund current and/or future investment project(s), working capital, repayment of banking facilities, 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 will, therefore, enable the Company to issue new securities without convening separate general meetings to obtain its shareholders’ approval, thereby reducing administrative costs and time. 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 pursuant to the General Mandate approved at the 32nd AGM. As at the date of this notice, there is no decision to issue new shares. Should the Company decide to issue new shares pursuant to the General Mandate after it is obtained, an announcement will be made on the purpose and utilisation of proceeds from such issuance in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. 6. ORDINARY RESOLUTION 22 – PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY The proposed Ordinary Resolution 22, if passed, will empower the Company to purchase its own ordinary shares of 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 consider to 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 29 May 2026 which are available on the Company’s website at www.yinson.com. 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 standing for re-election pursuant to Agenda item nos. 4 and 5 of the Notice of the 33rd AGM are set out on pages 109 to 113 of the Company’s Integrated Annual Report 2026. There are no individuals standing for election as Directors (other than Directors standing for re-election) as disclosed under Appendix 8A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. B. Details of 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 33rd AGM.
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