SIME DARBY BERHAD ("SIME" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN COMPRISING AN EMPLOYEE SHARE GRANT SCHEME AND AN EMPLOYEE SHARE OPTION SCHEME FOR THE ELIGIBLE EMPLOYEES OF SIME AND ITS SUBSIDIARIES WHICH ARE NOT DORMANT ("PROPOSED LTIP")

SIME DARBY BERHAD ("SIME" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN COMPRISING AN EMPLOYEE SHARE GRANT SCHEME AND AN EMPLOYEE SHARE OPTION SCHEME FOR THE ELIGIBLE EMPLOYEES OF SIME AND ITS SUBSIDIARIES WHICH ARE NOT DORMANT ("PROPOSED LTIP")

1) Proposed Renewal of the Authority for the Company to Purchase its Own Shares of up to Ten Percent (10%) of the Total Number of Issued Shares; and 2) Proposed Renewal of Existing Shareholders' Mandate and Proposed New Shareholders' Mandate for the Company and/or its Subsidiaries to enter into Recurrent Related Party Transactions of a Revenue or Trading Nature with Related Parties (collectively, the "Proposals")