KENANGA ANNUAL REPORT 2017

Notes: 1. Proxy 1.1 Only members whose names appear in the Record of Depositors as at 17 May 2018 shall be entitled to attend, speak and vote at this AGM. 1.2 A member of the Company entitled to attend, speak and on a show of hands or on poll, to vote at this AGM is entitled to appoint up to two (2) proxies to attend, speak and vote in his place. There shall be no restriction as to the qualification of the proxy. 1.3 A member who is an authorised nominee as defined under the Securities Industry (Central Depositories) Act, 1991, may appoint at least one (1) proxy but not more than two (2) proxies in respect of each securities account it holds with ordinary shares of the Company standing to the credit of the said securities account. 1.4 Where a member is an exempt authorised nominee as defined under the Securities Industry (Central Depositories) Act, 1991 which holds ordinary shares in the Company for multiple beneficial owners in one (1) securities account (“ Omnibus Account ”), there is no limit to the number of proxies which the exempt authorised nominee may appoint in respect of each Omnibus Account it holds. 1.5 Where a member appoints more than one (1) proxy, the appointments shall be invalid unless he specifies the proportion of his shareholdings to be represented by each proxy. 1.6 The instrument appointing a proxy shall be in writing under the hand of the appointor or of his attorney duly authorised in writing, or if the appointor is a corporation, either under its common seal or under the hand of an officer or attorney duly authorised. 1.7 Duly completed Proxy Form must be deposited at the office of the Company’s share registrar, Symphony Share Registrars Sdn Bhd at Level 6, Symphony House, Pusat Dagangan Dana 1, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor Darul Ehsan, Malaysia no later than Tuesday, 22 May 2018 at 11.00 a.m. (twenty-four (24) hours before the time appointed for holding the AGM). 2. Audited Financial Statements for the Financial Year Ended 31 December 2017 The Audited Financial Statements are laid in accordance with Section 340(1)(a) of the Companies Act, 2016 for discussion only under Agenda 1. They do not require shareholders’ approval and hence, will not be put for voting. 3. Final Dividend With reference to Section 131 of the Companies Act, 2016, a company may only make a distribution to the shareholders out of profits of the company available if the company is solvent. On 30 January 2018, the Board of Directors had considered the amount of final dividend of 3.0 sen per share in respect of financial year ended 31 December 2017 and decided to recommend the same for the shareholders’ approval, subject to the same being approved by Bank Negara Malaysia (“ BNM ”). BNM had on 12 March 2018, approved the proposed declaration of final dividend of the Company. The Directors of the Company are satisfied that the Company will be solvent as it will be able to pay its debts as and when the debts become due within twelve (12) months immediately after the disbursement is made o n 31 May 2018 in accordance with the requirements under Section 132(2) and (3) of the Companies Act, 2016. Kenanga Investment Bank Berhad 236 NOTICE OF FORTY-FOURTH (44 TH ) ANNUAL GENERAL MEETING