AwanBiru Technology Berhad - Annual Report 2021

Notice of Annual General Meeting 13. ORDINARY RESOLUTION NO. 5 PROPOSED ALLOCATION OF LONG TERM INCENTIVE PLAN (“LTIP”) AWARDS TO YM TUNKU ABANG FAISAL AMIR BIN ABANG ABU BAKAR “ THAT pursuant to the establishment of the LTIP for the eligible Directors and employees of the Company and its subsidiaries companies, which are not dormant, who fulfil the conditions of eligibility for participation in the LTIP as approved by the shareholders at the Extraordinary General Meeting held on 15 September 2020 and subject to the approval of all the relevant regulatory authorities (where applicable), the Directors of the Company be and are hereby empowered to authorise the LTIP Committee, from time to time throughout the duration of the LTIP, to offer and grant YM Tunku Abang Faisal Amir bin Abang Abu Bakar, the Independent Non-Executive Director of the Company, Employees Share Option Scheme (“ ESOS ”) Options and/ or ordinary shares of the Company pursuant to the Share Grant Plan (“ SGP ”) under the LTIP. Provided always that:- i. he does not participate in the deliberation or discussion of his own allocation; ii. not more than 10% of the new ordinary shares of the Company which may be made available under the LTIP shall be allocated to him, if he, either singly or collectively through persons connected to him, holds 20% or more of the issued shares of the Company; and iii. subject always to such terms and conditions and/or any adjustments which may be made in accordance with the provisions of the By-Laws, the Bursa Malaysia Securities Berhad (“ Bursa Securities ”) Main Market Listing Requirements, or any prevailing guidelines issued by Bursa Securities or any other relevant authority, as amended from time to time; AND THAT authority be and is hereby given to the Directors of the Company to issue and/ or transfer via treasury shares the corresponding number of ordinary shares of the Company arising from the exercise of the ESOS Options and/ or pursuant to the SGP Award that may be awarded to him under the LTIP.” 14. ORDINARY RESOLUTION NO. 6 PROPOSED ALLOCATION OF LONG TERM INCENTIVE PLAN (“LTIP”) AWARDS TO DATO’ THARUMA RAJAH @ K.T. RAJAN A/L R. KRISHNAN “ THAT pursuant to the establishment of the LTIP for the eligible Directors and employees of the Company and its subsidiaries companies, which are not dormant, who fulfil the conditions of eligibility for participation in the LTIP as approved by the shareholders at the Extraordinary General Meeting held on 15 September 2020 and subject to the approval of all the relevant regulatory authorities (where applicable), the Directors of the Company be and are hereby empowered to authorise the LTIP Committee, from time to time throughout the duration of the LTIP, to offer and grant Dato’ Tharuma Rajah @ K.T. Rajan a/l R. Krishnan, the Independent Non-Executive Director of the Company, Employees Share Option Scheme (“ ESOS ”) Options and/ or ordinary shares of the Company pursuant to the Share Grant Plan (“ SGP ”) under the LTIP. (Resolution 15) (Resolution 16) Awantec | Accountability Annual Report 2021 250