Barramundi Group

AGM Information • Nov 22, 2021

BARRAMUNDI GROUP LTD.

Incorporated in the Republic of Singapore (Company Registration No.: 200722778K) (the "Company")

MINUTES OF EXTRAORDINARY GENERAL MEETING OF THE COMPANY HELD ON 22ND NOVEMBER 2021 AT CET 9.00 A.M. / SINGAPORE TIME 4.00 P.M. BY ELECTRONIC MEANS

PRESENT

As per attendance sheet maintained by the Company.

NOTICE OF MEETING

The notice of meeting was taken as read.

CHAIRMAN

It was agreed that Hans den Bieman should take the Chair.

QUORUM

After ascertaining the quorum, the Chairman called the meeting to order held at CET 9.00 a.m. / Singapore time 4.00 p.m..

ORDINARY RESOLUTIONS

1. NOMINATION COMMITTEE

The following Ordinary Resolution 1 was proposed by Mr. Tristan Nenne Sjoeberg and was seconded by Mr. Andreas Peter Illum Wildfang von Scholten.

It was proposed:

• 1.1 THAT the establishment of a nomination committee to make recommendations to the board of directors of the Company (the "Board") on relevant matters relating to:-
  • (a) the review of succession plans for directors of the Company (each a "Director" and together, the "Directors");
  • (b) the process and criteria for evaluation of the performance of the Board, its Board committees and Directors;
  • (c) the appointment and re-appointment of Directors (including alternate Directors, if any);
  • (d) the process for recruiting a new director, including evaluating the balance of skills, knowledge, experience, independence and diversity on the Board; and
  • (e) ensuring there are plans in place to manage the succession of the Chief Executive Officer and other senior executives of the Company,

be and is hereby confirmed, approved, ratified and adopted.

• 1.2 THAT the appointment of:-
  • (a) Ling Tok Hong;
  • (b) Tristan Sjoeberg; and
  • (c) Junaidi Masri,

as members of the Nomination Committee be and is hereby confirmed, approved, ratified and adopted.

The Company Representative informed shareholders that the results of the valid votes had been verified by the scrutineers. There were 24,452,915 (100.00%) shares voting for and no shares voting against the resolution. By unanimous vote, the Chairman declared the motion carried.

2. AUTHORITY TO ALLOT AND ISSUE SHARES

The following Ordinary Resolution 2 was proposed by Mr. Tristan Nenne Sjoeberg and was seconded by Mr. Andreas Peter Illum Wildfang von Scholten.

It was proposed:

THAT pursuant to Section 161 of the Companies Act, Chapter 50 of Singapore, authority be and is hereby given to the Directors to:-

• (a) issue shares in the Company; and
• (b) make or grant offers, agreements or options that might or would require shares in the Company to be issued, including but not limited to the creation and issue (as well as adjustments to) warrants, debentures or other instruments convertible into shares,

at any time and upon such terms and conditions and with such rights or restrictions as the Directors may in their absolute discretion deem fit, including without limitation for the purpose of fundraising by the Company, and that this authority shall continue in force until the conclusion of the next Annual General Meeting of the Company or at the expiry of the period within which the next Annual General Meeting of the Company is required by law to be held, whichever is the earlier.

The Company Representative informed shareholders that the results of the valid votes had been verified by the scrutineers. There were 21,003,075 (85.90%) shares voting for and 3,449,840 (14.10%) shares voting against the resolution. By majority vote, the Chairman declared the motion carried.

CONCLUSION

There being no other business, the meeting was concluded.

CONFIRMED AS CORRECT RECORD

_____________________________

Name: Hans den Bieman Chairman