Borouge PLC — AGM Information 2023

Feb 18, 2023

Borouge Classification: Internal

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February 2023

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Disclosures and Compliance Section Market Operations & Surveillance Abu Dhabi Securities Exchange

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Greetings,

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Subject: Annual General Assembly Meeting of Borouge PLC (the Company)

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In reference to the above matter, we write to notify you that Annual General Assembly Meeting ( AGM ) will be held on Monday 13 March 2023 at 3:30pm (UAE time). We will publish the invitation and the meeting agenda on Monday 20 February 2023.

Note: Attached is the AGM invitation, and a disclosure regarding AGM proxies.

Yours sincerely,

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Hazeem Sultan Al Suwaidi Chief Executive Officer

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Copy to: Securities and Commodities Authority (SCA)

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INVITATION TO ATTEND THE ANNUAL GENERAL ASSEMBLY MEETING OF BOROUGE PLC

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The Board of Directors of Borouge plc (the Company) invites the shareholders to attend the annual general assembly meeting in person at the Company’s offices in Sheikh Khalifa Energy Complex in Abu Dhabi or by attending virtually through an electronic link for the meeting that will be sent to the shareholders via SMS or email following registration of their attendance to enable shareholders to attend the meeting virtually and discuss the agenda and vote on the proposed resolutions in real time, on Monday 13 March 2023 at 3:30pm (UAE time) to consider the following agenda:

Firstly: Authorise the chairman of the general assembly to appoint a secretary to the meeting and a vote collector.

Secondly: Ordinary resolutions agenda items:

1. Consider and approve the Board of Directors’ report on the Company’s activity and its financial position for the financial year ended 31 December 2022.

2. Consider and approve the external auditor’s report for the financial year ended 31 December 2022.

3. Consider and approve the Company’s audited accounts for the financial year ended 31 December 2022.

4. Approve the recommendation of the Board of Directors concerning a cash dividend distribution of USD 650,000,000 (equivalent to AED 2,387,125,000 amounting to approximately 7.9 fils per share) for the second half of the financial year ended 31 December 2022 bringing the total post IPO cash dividend for the year ended 31 December 2022 to USD 975 million.

5. Consider the Board of Directors remuneration for the financial year ended 31 December 2022.

6. Absolve the members of the Board of Directors of liability

for the financial year ended 31 December 2022.

1. The meeting of the general assembly shall not be valid unless attended by (i) shareholders holding at least a simple majority of the aggregate number of voting rights attaching to the entire issued share capital of the Company (in person or by proxy); and (ii) each major shareholder (as defined in the Company’s Articles of Association) is present (in person or by proxy). In case quorum is not reached in the first meeting, the second meeting shall be convened on Monday 20 March 2023 at the same time and the proxies issued for the first meeting shall be valid.

2. Absolve the auditors of liability for the financial year ended 31 December 2022.

3. Consider and approve the Board of Directors’ recommendation to appoint the external auditors of the Company for the financial year 2023 and to determine their fees.

Notes:

1. The Company’s shareholders who will attend the general assembly virtually should register their attendance electronically to be able to vote on the items of the general assembly. Registration will be open from 3:30pm (UAE time) on Sunday 12 March 2023 and closes at 3:30pm on Monday 13 March 2023. For electronic registration, please visit the following website: www.smartagm.ae. Holders of proxies must send a copy of their proxies to the email address is@bankfab.com with their names and mobile numbers to receive text messages for registration.

2. Shareholders who are registered in the Company’s share book on Thursday 23 March 2023 shall be deemed to be entitled to receive the dividend if the general assembly is convened on its first meeting date on Monday 13 March 2023. Shareholders who are registered on Thursday 2 April 2023 shall be deemed to be entitled to receive the dividend if the general assembly is convened on its second meeting date on Monday 20 March 2023.

3. Shareholders are required to update their contact details at the Abu Dhabi Securities Exchange to ensure that dividends are delivered properly. Dividends will be distributed through the Abu Dhabi Securities Exchange.

4. Any shareholder entitled to attend the general assembly meeting may delegate any person other than a member of the Board of Directors, employees of the Company, a broker or employees of such broker under a special written proxy.

5. The virtual meeting will be recorded. Shareholders are entitled to discuss the items listed in the agenda and ask questions to the Board of Directors and the auditors of the Company.

6. A corporate person may delegate a representative or those in charge of its management pursuant to a resolution of its board of directors or its equivalent to represent such corporate person in the general assembly of the Company. The delegated person shall have the powers as determined in the delegating resolution.

7. The Company’s Board of Directors’ report, the external auditors report and the Company’s audited annual accounts for the year ended 31 December 2022 are all available online on the Company’s website.

8. Shareholders registered in the shareholders register on Friday https://www.borouge.com/en/investor10 March 2023 shall be entitled relations/Pages/reports-results.aspx to vote in the general assembly On Behalf of the Board of Directors meeting.

On Behalf of the Board of Directors

www.borouge.com

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الجمعيــة انعقــاد يكــون ال . )1( العموميــة إذا إال صحيحــا حضــره مســاهمون يمتلكــون علــى األقــل أغلبيــة بســيطة مــن العــدد التصويــت لحقــوق اإلجمالــي المرتبطــة المــال رأس بكامــل المصــدر أو (شــخصيا للشــركة ) حضــره كل مســاهم2( ; )بالوكالــة رئيس النظــام األساســي للشــركة) وذلــكي ـ وارد ف ـ ف ال ـ للتعريا ـ ي (وفق ـ شــخصيالــم فــإذا بالوكالــة. أو يتوافاع ـ لجتمي ـ اب ف ـ ذا النص ـ ر ه ـ األول فسي ـ اع الثان ـ لجتمد ـ يتم عق ـ مــارس20 يــوم لثنيــن الموافــق فــي نفــس الزمــان وتكــون2023 التوكياع األول ـ ادرة لاجتم ـ ات الص ـ

.ســارية المفعــول

. يعتبــر كل مســاهم مســجل فــي سركة يوم الخميس ـ هم الش ـ جل أس ـ ً مخــوال2023 مــارس23 الموافــق باســتام أربــاح وذلــك فــي حــال تــم عقــد الجمعيــة العموميــة فــي تارين ـ لثنيوم ـ ا األول ي ـ خ اجتماعه ـ . ويكون2023 م ـ ارس13 المواف ـ ق ـ يــوم المســجلين المســاهمين 2023 ابريــل2 الخميــس الموافــق مخوليي ـ ك ف ـ اح وذل ـ تام أرب ـ ن باس ـ حــال تــم عقــد الجمعيــة العموميــة فــي تاريــخ اجتماعهــا الثانــي يــوم .2023 مــارس20 اإلثنيــن الموافــق

علــى الســادة المســاهمين تحديــث . بياندى ـ م ل ـ ة به ـ ال الخاص ـ لتصات ـ ســوق أبوظبــي لــألوراق الماليــة لضمــان التــي األربــاح اســتام ســتوزع بواســطة ســوق أبوظبــي .لــألوراق الماليــة

بتســجيل الشــركة ســتقوم . بعــد عــن لجتمــاع وقائــع مناقشــة للمســاهمين ويحــق الموضوعــات المدرجــة فــي جــدول أعمه ـ ة وتوجي ـ ة العمومي ـ ال الجمعي ـ األســئلة اإلدارة مجلــس إلــى .الحســابات ومدقــق تــم اإلدارة مجلــس تقريــر نشــر . الحســابات مدققــي وتقريــر الخارجييــن المدققــة والحســابات للشــركة للســنة الماليــة المنتهيــة علــى2022 ديســمبر31 فــي .الموقــع للشــركة اإللكترونــي

https://www.borouge.com/ar/investor-

relations/Pages/reports-results.aspx

بالنيابة عن مجلس اإلدارة

دعـــوة لحضور اجتماع الجمعية العمومية السنوية لشركة بروج بي ال سي شركة عامة محدودة باألسهم

عــن الماليــة للســنة أعمالهــم .2022 ديســمبر31 المنتهيــة فــي

يسروج ش.ع.م ـ ركة ب ـ س إدارة ش ـ ر مجل ـ (الشــركة) دعــوة الســادة المســاهمين لحضــور اجتمــاع الجمعيــة العموميــة شــخصيافــي الشــركة مقــر فــي مجمــع الشــيخ خليفــة للطاقــة فــي إمق ـ ن طري ـ ور ع ـ ي أو بالحض ـ ارة أبوظب ـ اسن ـ د م ـ ن بع ـ ور ع ـ ة الحض ـ تخدام تقني ـ خلجتماعور ـ ط لحض ـ تخدام راب ـ ال اس ـ ســيتم إرســاله إلــى المســاهمين عبــر الرسي ـ د اإللكترون ـ رة أو البري ـ ائل القصي ـ بعــد لتمكيــن حضورهــم تســجيل المســاهمين مــن حضــور لجتمــاع افتراضيً ــا ومناقشــة جــدول األعمــال والتصويــت للكترونــي علــى كل قــرار بشــكل مباشــر أثنــاء انعقــاد لجتمــاع وذلــك الثالثــة الســاعة تمــام فــي والنصــف مــن يــوم لثنيــن الموافــق دولــة2023(بتوقيــت مــارس13 ي ـ ر ف ـ دة) للنظ:جــدول األعمــال التالــي ـ ة المتح ـ ارات العربي ـ لم

. إبــراء ذمــة أعضــاء مجلــس اإلدارة مة ـ نة المالي ـ ن الس ـ ؤولية ع ـ ن المس ـ ديســمبر31 المنتهيــة بتاريــخ

.2022

إبــراء ذمــة مدققــي الحســابات عــن 31 السخ ـ ة بتاري ـ ة المنتهي ـ نة المالي ـ

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.2022 ديســمبر

المصادقــة علــى مقتــرح مجلــس اإلدارة مدققــي تعييــن بشــأن حســابات خارجييــن للشــركة للســنة . أتعابهــم2023وتحديــد الماليــة

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:مالحظـــات

علــى الذيــن الشــركة مســاهمي ســيحضرون بعــد عــن لجتمــاع تســجيل مــن للتمكــن الحضــور التصويــت الجمعيــة بنــود علــى العموميــة الكترونيــا. يفتــح بــاب التســجيل الســاعة مــن اعتبــارا الثالثــة والنصــف مــن يــوم لحــد ويتــم2023 مــارس12 الموافــق إغاعة ـ ام الس ـ ي تم ـ جيل ف ـ اق التس ـ الثالثن ـ لثنيوم ـ ن ي ـ ف م ـ ة والنص ـ .2023 مــارس 13 الموافــق ،بالنســبة اإللكترونــي للتســجيل يرجــى اإللكترونــي الموقــع زيــارة www.smartagm.ae :التالــي ويجــب التوكيــات حاملــي علــى إرســال التوكيــات مــن نســخة علــى اإللكترونــي البريــد عنــوان لســمis@bankfab.comمــع ورقــم الهاتــف المتحــرك الســتام

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تفوية ـ اع الجمعي ـ س اجتم ـ ض رئي ـ : ًأوال العموميــة بتعييــن مقــررا لاجتمــاع .وشــخص أو أكثــر كجامــع لألصــوات

ثانيــاتحتــاج التــي الموضوعــات : لقرار عادي

النظــر فــي تقريــر مجلــس اإلدارة عــن نشــاط الشــركة وعــن مركزهــا المالة ـ ة المنتهي ـ نة المالي ـ ن الس ـ ي ع ـ والتصديق2022 ديس ـ مبر31 ف ـ ي ـ .عليــه

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النظابات ـ ق الحس ـ ر مدق ـ ي تقري ـ ر ف ـ . الخارجــي الماليــة الســنة عــن 2022 ديســمبر31 المنتهيــة فــي .والتصديــق عليــه

.رســائل نصيــة للتســجيل

الشــركة حســابات مناقشــة . المدققــة الماليــة الســنة عــن 2022 ديســمبر31 المنتهيــة فــي .عليهــا والتصديــق

يجة ـ ور الجمعي ـ ق حض ـ ه ح ـ ن ل ـ وز لم ـ أن ينيــب عنــه مــن يختــاره مــن غيــر أعضــاء مجلــس اإلدارة أو العامليــن بالشــركة أو شــركة الوســاطة أو العامليــن توكيــل بمقتضــى بهــا

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المصادقــة علــى مقتــرح مجلــس إدارة الشــركة بشــأن توزيــع أربــاح نقديــة علــى المســاهمين بمبلــغ دوالر أمريكــي (مــا650,000,000 درهــم2,387,125,000 يعــادل فلــس لــكل7,9 إماراتــي، بمقــدار ســهم) وذلــك عــن النصــف الثانــي مــن الســنة الماليــة المنتهيــة فــي لينتك2022 ديس ـ ن ذل ـ ج ع ـ مبر31 ـ بعــد أن تــم طــرح الشــركة إجمالــي أربــاح نقديــة عــن الســنة الماليــة 2022 ديســمبر31 المنتهيــة فــي . مليــون دوالر975 بواقــع

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.خــاص ثابــت بالكتابــة

يجــوز أن إعتبــاري شــخص أليــة يفــوض أحــد ممثليــه أو القائميــن علــى مــن قــرار بموجــب إدارتــه مجلــس يقــوم مــن أو إدارتــه مقامــه، الجمعيــة فــي ليمثلــه ويكــون للشــركة، العموميــة للشــخص المفــوض الصاحيــات .المقــررة التفويــض قــرار بموجــب

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يكي ـ جل ف ـ هم المس ـ ك الس ـ ون مال ـ . مــارس10 يــوم الجمعــة الموافــق فــي2023الحــق صاحــب هــو .التصويــت فــي الجمعيــة العموميــة

النظــر فــي مكافــأة مجلــس اإلدارة

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www.borouge.com

Borouge Classification: Internal

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Clarifying disclosure regarding the approval of proxies for the upcoming General Assembly meeting

Based on the requirements of Clauses 1 & 2 of Article 40 of the Corporate Governance Guide for Public Joint Stock Companies, we would like to draw the attention of our shareholders to the following:

40 2 1

:

1. Each shareholder who has the right to attend the general assembly may delegate someone from other than the Board members or the staff of the company, or securities brokerage company, or its employees, to attend on his behalf as per a written delegation stating expressly that the agent has the right to attend the general assembly and vote on its decision. A delegated person for a number of shareholders shall not have more than (5%) of the Company issued capital after gaining that delegation. Persons lacking legal capacity and are incompetent must be represented by their legal representatives.

2. The shareholder signature on the power of attorney referred to in clause No. (1) shall be the signature approved by any of the following entities:

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Notary Public.

• Commercial chamber or economic department in the state.

• c. Bank or company licensed in the state, provided that the agent shall have an account with any of them.

• d. Any other entity licensed to perform attestation works.

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Borouge Classification: Internal

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• The proxy form shall include the name and contact number(s) of the shareholder and the entity which endorsed the proxy.

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