OVERSEA-CHINESE BANKING CORPORATION LIMITED

(Incorporated in Singapore)

Company Registration No.: 193200032W

RESULTS OF ANNUAL GENERAL MEETING

Oversea-Chinese Banking Corporation Limited ("OCBC Bank") wishes to announce the following:

  1. RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING HELD ON 30 APRIL 2024
    All resolutions as set out in the Notice of Annual General Meeting ("AGM") dated 5 April 2024 put to the AGM held on 30 April 2024 were duly approved and passed by the Shareholders.
    The results of the poll on each of the AGM ordinary resolutions are set out below:

FOR

AGAINST

Resolution number and

Total number

details

of shares

Number of

As a

Number of

As a

represented

Shares

percentage

Shares

percentage

by votes for

of total

of total

and against

number of

number of

the relevant

votes for

votes for

resolution

and

and

against the

against the

resolution

resolution

(%)

(%)

1

Adoption

of

Directors'

statement

and

audited

financial

statements

for

2,458,835,313

2,458,188,444

99.97%

646,869

0.03%

the

financial year

ended

31

December

2023

and

Auditor's report

2(a)

Re-election of

2,458,374,011

2,449,201,246

99.63%

9,172,765

0.37%

Mr Andrew Lee Kok Keng

2(b)

Re-election of

2,457,988,164

2,281,964,521

92.84%

176,023,643

7.16%

Dr Andrew Khoo Cheng

Hoe

2(c)

Re-election of

2,456,767,294

2,091,331,747

85.13%

365,435,547

14.87%

Mr Pramukti Surjaudaja

3

Re-election of

2,456,529,962

2,449,262,779

99.70%

7,267,183

0.30%

Mr Seck Wai Kwong

4

Approval of final one-tier

2,456,728,001

2,456,463,139

99.99%

264,862

0.01%

tax exempt dividend

5(a)

Approval of amount

2,455,926,198

2,453,618,381

99.91%

2,307,817

0.09%

proposed as Directors'

remuneration

5(b)

Approval of allotment and

issue of ordinary shares

1,974,412,628

1,969,049,164

99.73%

5,363,464

0.27%

to the non-executive

Directors

6

Re-appointment of

Auditor and authorisation

2,451,564,741

2,449,931,868

99.93%

1,632,873

0.07%

for Directors to fix its

remuneration

1

FOR

AGAINST

Resolution number and

Total number

details

of shares

Number of

As a

Number of

As a

represented by

Shares

percentage

Shares

percentage

votes for and

of total

of total

against the

number of

number of

relevant

votes for

votes for

resolution

and

and

against the

against the

resolution

resolution

(%)

(%)

7

Authority to issue

ordinary shares, and

make or grant

2,453,841,903

2,286,447,680

93.18%

167,394,223

6.82%

instruments

convertible into

ordinary shares

8

Authority to (I) allot

and issue ordinary

shares under the

OCBC Share Option

Scheme 2001; (II)

grant rights to acquire

and allot and issue

ordinary shares under

2,452,166,112

1,945,118,661

79.32%

507,047,451

20.68%

the OCBC Employee

Share Purchase Plan;

and/or (III) grant

awards and allot and

issue ordinary shares

under the OCBC

Deferred Share Plan

2021

9

Authority to allot and

issue ordinary shares

2,453,288,861

2,451,924,914

99.94%

1,363,947

0.06%

pursuant to the OCBC

Scrip Dividend

Scheme

10

Approval of renewal

2,451,424,825

2,448,178,228

99.87%

3,246,597

0.13%

of the Share Purchase

Mandate

  1. DETAILS OF PARTIES WHO ARE REQUIRED TO ABSTAIN FROM VOTING ON ANY RESOLUTION(S)
    The non-executive Directors of OCBC Bank and their associates, holding an aggregate 480,120,118 ordinary shares in OCBC Bank, have abstained from voting on Ordinary Resolution 5(b).
  2. NAME OF FIRM APPOINTED AS SCRUTINEER
    Tricor Singapore Pte. Ltd. was appointed as scrutineer at the AGM.

2

  1. AUDIT COMMITTEE
    Mr Seck Wai Kwong, who was re-elected as Director of OCBC Bank at the AGM, remains as a member of the Audit Committee ("AC").
    The composition of the AC remains unchanged as follows:
    Mr Chua Kim Chiu, Chairman Ms Chong Chuan Neo, Member Mr Seck Wai Kwong, Member Ms Tan Yen Yen, Member
    All AC members are non-executive independent Directors of the Bank and have no interest or relationship which would affect their exercise of independent judgement.

Issued by

Oversea-Chinese Banking Corporation Limited

30 April 2024

3

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OCBC - Oversea-Chinese Banking Corporation Ltd. published this content on 01 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2024 09:35:53 UTC.