Extraordinary/ Special General Meeting::Voluntary

BOLDTEK HOLDINGS LIMITED

(Incorporated in the Republic of Singapore)

(Company Registration No. 201224643D)

ALTERNATIVE ARRANGEMENTS FOR THE EXTRAORDINARY GENERAL MEETING

OF THE COMPANY TO BE HELD ON 30 NOVEMBER 2021

Unless otherwise defined, all terms and references used herein shall bear the same meanings ascribed to them in the Circular (as defined below).

1. INTRODUCTION
   The board of directors (the "Board" and each director, a "Director") of Boldtek Holdings Limited (the "Company", and together with its subsidiaries, the "Group") refers to:
2. 1. the COVID-19 (Temporary Measures) Act 2020 which enables the Minister for Law by order to prescribe alternative arrangements for, inter alia, listed companies in Singapore to conduct general meetings, either wholly or partly, by electronic communication, video conferencing, tele-conferencing or other electronic means;
   2. the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings for Companies, Variable Capital Companies, Business Trusts, Unit Trusts and Debenture
      Holders) Order 2020, as amended from time to time (the "Alternative Arrangements Order") which sets out the alternative arrangements in respect of, inter alia, general meetings of companies where personal attendance is provided for in written law or certain legal instruments; and
   3. On 6 April 2021, the Ministry of Law ("MinLaw") announced the extension of temporary legislative relief, which allows entities to conduct general meetings via electronic means, beyond 30 June 2021. Such legislation allows entities to hold general meetings via electronic means amid the COVID-19 situation, and will continue to be in force until revoked or amended by MinLaw. Accordingly, until such time, the Company may continue to utilise the latest checklist issued by the Accounting and Corporate Regulatory Authority, the Monetary Authority of Singapore and Singapore Exchange Regulation on 1 October 2020 to guide entities on the conduct of their general meetings via electronic means.
3. DATE AND TIME OF EXTRAORDINARY GENERAL MEETING
   The Board wishes to inform Shareholders that the Company has today issued a circular to Shareholders dated 15 November 2021 (the "Circular") in relation to the Proposed Renewal of the Share Buyback Mandate.

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The purpose of the Circular is to provide Shareholders with information relating to the Share Buyback Mandate, and to seek Shareholders' approval for the renewal of the Share Buyback Mandate at the forthcoming extraordinary general meeting ("EGM").

The EGM will be held by way of electronic means on 30 November 2021 at 10.30 a.m. (or as soon as practicable immediately following the conclusion or adjournment of the annual general meeting of the Company to be held at 10.00 a.m. on the same day by way of electronic means).

1. NO DESPATCH OF PRINTED COPIES OF CIRCULAR, NOTICE OF EGM AND PROXY FORM
   In line with the provisions under the COVID-19 Order, no printed copies of the Circular, the Notice of EGM and the Proxy Form in respect of the EGM will be despatched to Shareholders.
   Copies of the Circular, the Notice of EGM and the Proxy Form have been uploaded on SGXNet and are now also available on the Company's website at the following link: https://www.boldtekholdings.com/investor-relations/.
   A Shareholder will need an Internet browser and PDF reader to view these documents on SGXNet and the Company's designated website.
   Shareholders are advised to read the Circular carefully in order to decide whether they should vote in favour of or against the resolution to be proposed at the EGM.
2. NO ATTENDANCE AT EGM
   Pursuant to the Alternative Arrangements Order, Shareholders will not be able to attend the EGM in person. Instead, alternative arrangements have been put in place to allow Shareholders to participate at the EGM by:
3. 1. watching the EGM proceedings via "live" audio-and-video webcast or listening to the EGM proceedings via "live" audio feed;
   2. submitting questions in advance of the EGM; and/or
   3. voting by appointing the Chairman of the EGM as proxy at the EGM.
4. ALTERNATIVE ARRANGEMENTS
   Alternative arrangements have been put in place to allow Shareholders to participate at the EGM as follows:
5. 1. Registration to attend the EGM
      The Company's Chairman, Mr Pao Kiew Tee, will conduct the proceedings of the EGM by way of electronic means.
      Shareholders will be able to watch the proceedings through a "live" audio-and-video webcast via their mobile phones, tablets or computers or listen to these proceedings through a "live" audio feed via telephone.
      In order to do so, Shareholders must follow these steps:

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1. 1. Shareholders who wish to follow the proceedings through a "live" webcast via their mobile phones, tablets or computers or listen to the proceedings through a "live" audio feed via telephone must pre-register at the URL https://rebrand.ly/Boldtek-Holdings-Limited-GM-2021no later than 10.30 a.m. on 28 November 2021
      ("Registration Cut-OffTime") (being 48 hours before the time fixed for the EGM).
      Following verification, an email containing instructions on how to access the "live" webcast and audio feed of the EGM proceedings will be sent to authenticated members by 10.30 a.m. on 29 November 2021.
   2. Shareholders and Investors who do not receive any email by 10.30 a.m. on 29 November 2021, but have registered by the Registration Cut-Off Time, should contact the Company by email at [e-mail].
   3. Investors holding Shares through Depository Agents (as defined in Section 81SF of the Securities and Futures Act (Chapter 289 of Singapore)) must also contact their respective Depository Agents as soon as possible to indicate their interest in order for the Depository Agents to make the necessary arrangements for them to participate in the "live" broadcast of the EGM.
2. Submission of questions in advance
   Shareholders will not be able to ask questions "live" during the broadcast of the EGM. Shareholders who pre-register to watch the "live" audio-and-video webcast or listen to the "live" audio-only feed may submit questions related to the resolutions to be tabled for approval at the EGM:
3. 1. All questions must be submitted by 10.30 a.m. on 28 November 2021 (being 48 hours before the time fixed for the EGM):
   2. 1. via the pre-registration website at the URL https://rebrand.ly/Boldtek-Holdings-Limited-GM-2021;or
      2. by email to the Company at [e-mail].
   3. The Company will endeavour to address substantial and relevant questions relating to the resolutions to be tabled for approval at the EGM as received from Shareholders either before the EGM on SGXNet and the Company's website at the URLhttps://www.boldtekholdings.com/investor-relations/or during the EGM.
   4. The Company will, within one month after the date of the EGM, publish the minutes of the EGM on SGXNet and the Company's website, and the minutes will include the responses to the questions referred to above.
   5. Please note that Shareholders will not be able to ask questions at the EGM "live" during the webcast and the audio feed, and therefore it is important for Shareholders to pre-register their participation in order to be able to submit their questions in advance of the EGM.
4. Voting by proxy only
   Shareholders will not be able to vote online on the resolution to be tabled for approval at the EGM. Instead, if Shareholders (whether individual or corporate) wish to exercise their

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votes, they must submit a proxy form to appoint the Chairman of the EGM to vote on their behalf:

1. Shareholders (whether individual or corporate) appointing the Chairman of the EGM as proxy must give specific instructions as to his manner of voting, or abstentions from voting, in the proxy form, failing which the appointment will be treated as invalid.
2. The proxy form must be submitted to the Company in the following manner:
3. 1. if submitted by post, be lodged with the Company's Share Registrar, Tricor Barbinder Share Registration Services, at 80 Robinson Road, #11-02, Singapore 068898; or
   2. if submitted electronically, be submitted via email to [e-mail],

in either case, by 10.30 a.m. on 28 November 2021 (being 48 hours before the time fixed for the EGM).

1. Investors (excluding SRS Investors) who wish to vote should approach their relevant intermediaries as soon as possible to specify his/her voting instructions. SRS Investors who wish to exercise their votes by appointing the Chairman of the EGM as proxy should approach their respective relevant intermediaries (including their respective SRS Approved Banks) to submit their voting instructions by 10.30 a.m. on 18 November 2021 in order to allow sufficient time for their respective relevant intermediaries to in turn submit a proxy form to appoint the Chairman of the EGM to vote on their behalf by 10.30 a.m. on 28 November 2021.

Shareholders who observe the EGM proceedings are reminded that the Company's invitation to Shareholders to attend the EGM via "live" webcast/audio feed must not be forwarded to anyone who is not authorised to attend the EGM. Recordings of the EGM proceedings in whatever form are also

STRICTLY PROHIBITED.

Shareholders should note that the Company may make further changes to its EGM arrangements (including but not limited to any applicable alternative arrangements as may be prescribed or permitted (as the case may be) under the COVID-19 Act and any regulations promulgated thereunder (including the COVID-19 Order) as well as other guidelines issued by the relevant authorities) as the situation evolves. Shareholders are advised to keep abreast of any such changes as may be announced by the Company from time to time on SGXNet.

The Company would like to thank all shareholders for their patience and co-operation in enabling the Company to hold its EGM in accordance with the relevant guidelines amidst the current COVID-19 situation.

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By order of the Board of

BOLDTEK HOLDINGS LIMITED

Pao Kiew Tee

Non-Executive Chairman and Independent Director

15 November 2021

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Listing Manual Section B: Rules of Catalist (the "Catalist Rules") of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Leong Weng Tuck, Registered Professional, RHT Capital Pte. Ltd., 6 Raffles Quay #24-02, Singapore 048580, [e-mail].

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