MAGNUM

1.260

-0.01 (-0.8%)

GENERAL MEETINGS: Outcome of Meeting

MAGNUM BERHAD

Type of Meeting	General
Indicator	Outcome of Meeting
Date of Meeting	21 May 2026
Time	09:30 AM

Venue(s)

Grand Ballroom, First Floor,

Flamingo hotel by the lake,

No.5, Tasik Ampang, Jalan Hulu Kelang,

68000 Ampang, Selangor Darul Ehsan

Malaysia

Outcome of Meeting

Magnum Berhad wishes to announce that at its Fiftieth Annual General Meeting ("50th AGM") held today, 21 May 2026, the Audited Financial Statements for the financial year ended 31 December 2025 together with the Reports of the Directors and Auditors thereon were duly tabled and received under Agenda 1.

All ordinary resolutions set out in the Notice of the 50th AGM dated 22 April 2026 were duly passed by a large majority of shareholders and proxies present at the 50th AGM.

The voting in respect of each resolution was carried out by way of electronic poll ("e-poll") conducted by the Share Registrar, Metra Management Sdn. Bhd. as Poll Administrator and the results were validated by Symphony Corporate Services Sdn. Bhd., an Independent Scrutineers appointed by the Company.

Details of the e-poll results are set out below. Please refer to the attachment for the results on Tier 1 and Tier 2 voting for Ordinary Resolution 7.

This announcement is dated 21 May 2026.

Voting Results

1. Ordinary Resolution 1
Description	To approve the payment of Directors' fees of RM130,000 per annum for each of the Non-Executive Directors in respect of the year ended 31 December 2025 totalling RM520,000. (Year 2024 : RM130,000 each per annum totalling RM520,000).
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	47	9
No. of Shares	645,469,171	33,293
% of Voted Shares	99.9948	0.0052
Result	Accepted

2. Ordinary Resolution 2
Description	To approve the payment of the Directors remuneration (excluding Directors fees) to the Non-Executive Directors of up to an amount of RM100,000 for the period from 21 May 2026 until the next Annual General Meeting of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	41	10
No. of Shares	645,431,260	125,741
% of Voted Shares	99.9805	0.0195
Result	Accepted

3. Ordinary Resolution 3
Description	To re-elect the Director, Datuk Vijeyaratnam A/L V. Thamotharam Pillay, who is retiring by rotation in accordance with Clause 90 of the Constitution of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	43	12
No. of Shares	639,569,105	11,011,239
% of Voted Shares	98.3075	1.6925
Result	Accepted

4. Ordinary Resolution 4
Description	To re-elect the Director, Jean Francine Goonting, who is retiring by rotation in accordance with Clause 90 of the Constitution of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	48	8
No. of Shares	650,240,731	342,583
% of Voted Shares	99.9473	0.0527
Result	Accepted

5. Ordinary Resolution 5
Description	To re-elect the Director, Ng Siew Hong, who is retiring by rotation in accordance with Clause 90 of the Constitution of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	47	7
No. of Shares	650,448,843	101,581
% of Voted Shares	99.9844	0.0156
Result	Accepted

6. Ordinary Resolution 6
Description	To re-appoint Ernst & Young PLT as Auditors of the Company for the financial year ending 31 December 2026 and to authorise the Board of Directors to fix their remuneration.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	46	8
No. of Shares	650,208,482	217,906
% of Voted Shares	99.9665	0.0335
Result	Accepted

7. Ordinary Resolution 7
Description	Proposed Retention Of Dato' Seri Lim Tiong Chin as an Independent Non-Executive Director of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	44	8
No. of Shares	650,441,701	87,653
% of Voted Shares	99.9243	0.0757
Result	Accepted

8. Ordinary Resolution 8
Description	Proposed Renewal Of The Authority To Allot Shares Pursuant To Sections 75 And 76 Of The Companies Act 2016.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	45	7
No. of Shares	650,277,102	297,251
% of Voted Shares	99.9543	0.0457
Result	Accepted

9. Ordinary Resolution 9
Description	Proposed Renewal Of The Authority For The Company to Purchase Its Own Shares.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	49	2
No. of Shares	650,491,682	50,751
% of Voted Shares	99.9922	0.0078
Result	Accepted

10. Special Resolution 10
Description	Proposed Amendments To The Company's Constitution.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	44	6
No. of Shares	650,476,814	62,338
% of Voted Shares	99.9904	0.0096
Result	Accepted

Please refer attachment below.

Attachments

Magnum 50th AGM Poll Results 21 May 2026.pdf
733.0 kB

Announcement Info

Company Name	MAGNUM BERHAD
Stock Name	MAGNUM
Date Announced	21 May 2026
Category	General Meeting
Reference Number	GMA-21052026-00006
Corporate Action ID	MY260521MEET0006