Page 373 - Full Book_24.4.2021

nOtICe OF the 24 th
annUaL GeneraL MeetInG In Retrospect |

The Will to Suceed

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NOTICE IS HEREBY GIVEN that the 24 Annual General Meeting (“AgM”) of BIMB Holdings Berhad (“BHB” or “the Company”) will be
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held fully virtual at the broadcast venue at Level 31, Menara Bank Islam, 22 Jalan Perak, 50450 Kuala Lumpur on Wednesday, 2 June
2021 at 10.00 a.m. for the following purposes: Achieving a Leading Repute
ordinAry business

1 To receive the Audited Financial Statements for the financial year ended 31 December 2020 together |
with the Reports of the Directors and Auditors thereon. (Please refer to Note 1)

2. To re-elect Datuk Nik Mohd Hasyudeen Yusoff who is retiring by rotation in accordance with Clause 133
of the Company’s Constitution and being eligible, has offered himself for re-election. (Ordinary Resolution 1)
3. To re-elect Encik Zahari @ Mohd Zin Idris who is retiring by rotation in accordance with Clause 133 of Paving the Way for a Sustainable Future
the Company’s Constitution and being eligible, has offered himself for re-election. (Ordinary Resolution 2)
4. To approve the Directors’ fees and benefits of up to RM2,502,000.00 payable to the Directors from this
24 Annual General Meeting until the 25 Annual General Meeting of the Company. (Ordinary Resolution 3)
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5. To re-appoint Messrs. PricewaterhouseCoopers PLT as the External Auditors of the Company for the
financial year ending 31 December 2021 and to authorise the Directors to fix their remuneration. (Ordinary Resolution 4)
367
sPeciAl business

6. Proposed Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading
Nature.

“That subject to the Companies Act 2016, Company’s Constitution and the Listing Requirements of
Bursa Malaysia Securities Berhad approval be and is hereby given to BIMB Holdings Berhad and its Adhering to the Best Governance Practices
subsidiaries to enter into the category of recurrent related party transactions of a revenue or trading
nature with those related parties as specified in Section 2.1.3 of the Circular to Shareholders dated
30 April 2021 which are necessary for the Group’s day-to-day operations subject to the following:
a) The transactions carried out are in the ordinary course of business and are on normal commercial |
terms that do not favour the related parties more than the general public;
b) Are not detrimental to the minority shareholders of the Company; and

c) Will be disclosed in the annual report with the breakdown of the aggregate value of transaction Laying the Foundation for Financial Growth
conducted during the financial year pursuant to the shareholders’ mandate during the financial year
(Mandate).
And that the Mandate conferred by this resolution shall commence immediately upon the passing of
this Resolution; |

And that such Mandate shall continue to be in force until:
i) the conclusion of the next AGM of the Company, at which time it will lapse, unless by a resolution
passed at the meeting, the authority is renewed; Additional Information & Disclosure Summary
ii) the expiration of the period within which the next AGM after the date is required to be held pursuant
to Section 340(2) of the Companies Act, 2016 (but shall not extend to such extension as may be
allowed pursuant to Section 340(4) of Companies Act 2016); or

iii) it is revoked or varied by a resolution passed by the shareholders in a general meeting. |
24 th AgM information
whichever is the earlier.” (Ordinary Resolution 5)