OTHER INFORMATION NOTICE OF ANNUAL GENERAL MEETING NOTICE OF ANNUAL GENERAL MEETING CITY DEVELOPMENTS LIMITED ANNUAL REPORT 2021 278 279 (d) the Directors of the Company and/or any of them be authorised to deal with the CDLHT Units remaining with the Company (including any resulting fractional CDLHT Units arising from the Proposed Distribution) after the Proposed Distribution, in such manner as they deem fit; and (e) the Directors of the Company and/or any of them be and are hereby authorised to do all acts and things and to execute all such documents as they or he or she may consider necessary or expedient to give effect to the transactions contemplated and/or authorised by this Resolution. By Order of the Board Yeo Swee Gim, Joanne Enid Ling Peek Fong Company Secretaries Singapore, 30 March 2022 EXPLANATORY NOTES: 1. With reference to Resolution 2 of the Ordinary Business above, the Ordinary Share Transfer Books and Register of Holders of Ordinary Shares of the Company will be closed from 5.00 p.m. on 5 May 2022 up to (and including) 6 May 2022. Duly completed registrable transfers received by the Company’s Share Registrar up to 5.00 p.m. on 5 May 2022 will be registered to determine Ordinary Shareholders’ entitlement to the Final Ordinary Dividend and Special Final Ordinary Dividend. If approved at the Meeting, they will be paid on 26 May 2022. 2. With reference to Resolution 3 of the Ordinary Business above, the Directors’ Fees of $1,504,049.00 for FY 2021 will be payable upon approval of the shareholders at the Meeting. The structure of fees payable to Directors for FY 2021 is found on page 45 of the Annual Report. 3. With reference to Resolution 4(a) of the Ordinary Business above, Mr Kwek Leng Beng will, upon re-election as a Director of the Company, remain as Chairman of the Board and a member of Nominating Committee (“NC”). Key information on Mr Kwek Leng Beng is found on page 25 and pages 284 to 287 of the Annual Report. 4. With reference to Resolution 4(b) of the Ordinary Business above, Mr Sherman Kwek Eik Tse will, upon re-election as a Director of the Company, remain as the chairman of the Board Sustainability Committee (“BSC”). Key information on Mr Sherman Kwek Eik Tse is found on page 26 and pages 284 to 287 of the Annual Report. 5. With reference to Resolution 4(c) of the Ordinary Business above, Mr Ong Lian Jin Colin will, upon re-election as a Director of the Company, remain as the chairman of the NC and a member of the Remuneration Committee (“RC”). Key information on Mr Ong Lian Jin Colin is found on page 27 and pages 284 to 287 of the Annual Report. 6. With reference to Resolution 5 of the Ordinary Business above, Ms Tang Ai Ai Mrs Wong Ai Ai will, upon election as a Director of the Company, remain as a member of the NC and the BSC. Key information on Mrs Wong Ai Ai is found on page 29 and pages 284 to 287 of the Annual Report. 7. Ordinary Resolution 7 of the Special Business above, if passed, will empower the Directors of the Company from the date of the Meeting until the next AGM (unless such authority is previously revoked or varied at a general meeting), to issue Ordinary Shares and/or make or grant Instruments that might require new Ordinary Shares to be issued up to a number not exceeding 50% of the total number of issued Ordinary Shares, excluding treasury shares and subsidiary holdings, of the Company, of which up to 10% may be issued other than on a pro rata basis to shareholders. The aggregate number of Ordinary Shares which may be issued under this Ordinary Resolution will be calculated based on the total number of issued Ordinary Shares, excluding treasury shares and subsidiary holdings, of the Company at the time that this Ordinary Resolution is passed, after adjusting for new Ordinary Shares arising from the conversion or exercise of any convertible securities or share options or vesting of share awards which are outstanding or subsisting at the time this Ordinary Resolution is passed and any subsequent bonus issue, consolidation or subdivision of Ordinary Shares.
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