KING WAN CORPORATION LIMITED — Proxy Solicitation & Information Statement 2025

Jul 15, 2025

NOTICE OF EXTRAORDINARY GENERAL MEETING

KING WAN CORPORATION LIMITED

Registration No. 200001034R (Incorporated in Singapore)

All capitalised terms used in this Notice of EGM which are not defined herein shall have the same meaning ascribed to them in the circular to Shareholders of the Company dated 16 July 2025 (the “ Circular ”).

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“ EGM ”) of King Wan Corporation Limited (the “ Company ”) will be held at 8 Sungei Kadut Loop Singapore 729455 on Thursday, 31 July 2025 at 11:00 a.m. (Singapore Time) (or as soon thereafter following the conclusion or adjournment of the Company’s annual general meeting to be held at 10:00 a.m. on the same day) for the purpose of considering and, if thought fit, passing with or without modifications, the ordinary resolution as set out below.

ORDINARY RESOLUTION

THE PROPOSED ACQUISITION OF THE PROPERTY LOCATED AT 15 JOO KOON WAY, SINGAPORE 628947 (THE “PROPERTY”) FOR A PURCHASE CONSIDERATION OF S$9,500,000

THAT:-

• (i) Approval be and is hereby given for the Proposed Acquisition of the Property being a major transaction under Chapter 10 of the Listing Manual; and

• (ii) the Directors of the Company and each of them be and is hereby authorised to complete and do all such acts and things (including, without limitation, executing all such agreements and documents as may be required and furnishing all such information and taking any and all action and execute and file any and all documents and agreements as may be required) as they may in their absolute discretion consider expedient or necessary or in the interests of the Company to give effect to the Proposed Acquisition.

For and on behalf of the Board of Directors King Wan Corporation Limited

CHUA ENG ENG

Managing Director 16 July 2025

Notes:

Format of Meeting

1. The Extraordinary General Meeting of the Company will be held, in a wholly physical format, at 8 Sungei Kadut Loop Singapore 729455 on Thursday, 31 July 2025 at 11:00 a.m. (Singapore Time) (or as soon thereafter 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). Shareholders, including Central Provident Fund (“ CPF ”) and Supplementary Retirement Scheme (“ SRS ”) investors, and (where applicable) duly appointed proxies and representatives will be able to ask questions and vote at the Extraordinary General Meeting by attending the Extraordinary General Meeting in person. There will be no option for shareholders to participate virtually.

Printed copies of this Notice and the accompanying proxy form will be sent by post to members. These documents will also be published on the Company’s website at the URL https://www.kingwan.com/ and the SGX website at the URL https://www.sgx.com/securities/company-announcements.

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NOTICE OF EXTRAORDINARY GENERAL MEETING

Appointment of Proxy(ies)

1. (a) A member who is not a relevant intermediary is entitled to appoint not more than two proxies to attend, speak and vote at the Extraordinary General Meeting. Where such member’s instrument appointing a proxy(ies) appoints more than one proxy, the proportion of the shareholding concerned to be represented by each proxy shall be specified in the instrument.

2. (b) A member who is a relevant intermediary is entitled to appoint more than two proxies to attend, speak and vote at the Extraordinary General Meeting, but each proxy must be appointed to exercise the rights attached to a different share or shares held by such member. Where such member’s instrument appointing a proxy(ies) appoints more than two proxies, the number and class of shares in relation to which each proxy has been appointed shall be specified in the instrument.

“ Relevant intermediary ” has the meaning ascribed to it in Section 181 of the Companies Act 1967.

A member who wishes to appoint a proxy(ies) must complete the instrument appointing a proxy(ies), before submitting it in the manner set out below.

1. A proxy(ies) need not be a member of the Company. A member may choose to appoint the Chairman of the Meeting as his/her/its proxy.

2. The instrument appointing a proxy(ies) must be submitted to the Company in the following manner:

3. (a) mail to the Company’s registered office at 8 Sungei Kadut Loop Singapore 729455; or

(b) via email to the Company at gm.2025@kingwan.com.sg .

1. CPF and SRS investors:

2. (a) may vote at the Extraordinary General Meeting if they are appointed as proxies by their respective CPF Agent Banks or SRS Operators, and should contact their respective CPF Agent Banks or SRS Operators if they have any queries regarding their appointment as proxies; or

3. (b) may appoint the Chairman of the Meeting as proxy to vote on their behalf at the Extraordinary General Meeting, in which case they should approach their respective CPF Agent Banks or SRS Operators to submit their votes by 5:00 p.m. on 21 July 2025.

Submission of Questions

1. Shareholders, including CPF and SRS investors, may submit substantial and relevant questions related to the resolutions to be tabled for approval at the Extraordinary General Meeting in advance of the Extraordinary General Meeting:

2. (a) mail to the Company’s registered office at 8 Sungei Kadut Loop Singapore 729455; or

(b) via email to the Company at gm.2025@kingwan.com.sg .

When submitting questions by post or via email, shareholders should also provide the following details: (i) the shareholder’s full name; (ii) the shareholder’s address; (iii) the shareholder’s email addresses and contact number; (iv) the shareholder’s identification number (NRIC / passport number / company registration number); and (v) the manner in which the shareholder holds shares in the Company (e.g., via CDP, CPF, SRS and/or scrip), for verification purposes.

All questions submitted in advance must be received by 23 July 2025.

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NOTICE OF EXTRAORDINARY GENERAL MEETING

1. The Company will address all substantial and relevant questions received from shareholders by the 25 July 2025 deadline by publishing its responses to such questions on the Company’s website at the URL https://www.kingwan.com and the SGX website at the URL https://www.sgx.com/securities/companyannouncements at least 48 hours prior to the closing date and time for the lodgement/receipt of instruments appointing a proxy(ies). The Company will respond to questions or follow-up questions submitted after the 23 July 2025 deadline either within a reasonable timeframe before the Extraordinary General Meeting, or at the Extraordinary General Meeting itself. Where substantially similar questions are received, the Company will consolidate such questions and consequently not all questions may be individually addressed.

2. Shareholders, including CPF and SRS investors, and (where applicable) duly appointed proxies and representatives can also ask the Chairman of the Meeting substantial and relevant questions related to the resolutions to be tabled for approval at the Extraordinary General Meeting, at the Extraordinary General Meeting itself.

Access to Documents

1. (a) The Circular dated 16 July 2025 (in relation to the Proposed Acquisition of the Property) is available for inspection at the registered office of the Company at 8 Sungei Kadut Loop Singapore 729455 during normal business hours from the date of this Notice up to the date of the Extraordinary General Meeting, and may also be accessed from the date of this Notice at the Company’s website at the URL https://kingwan.com/annual-reports/ by clicking on the link “Circular dated 16 July 2025 (in relation to the Proposed Acquisition of the Property)”.

The above documents will also be made available on the SGX website from the dates specified above at the URL https://www.sgx.com/securities/company-announcements.

Members may request for printed copies of these documents by completing and submitting the Request Form sent to them by post together with printed copies of this Notice and the accompanying proxy form, or otherwise made available on the Company’s website at the URL https://www.kingwan.com and the SGX website at the URL https://www.sgx.com/securities/company-announcements, by 23 July 2025.

Personal Data Privacy

By submitting an instrument appointing a proxy(ies) and/or representative(s) to attend, speak and vote at the Extraordinary General Meeting and/or any adjournment thereof, a member of the Company (i) consents to the collection, use and disclosure of the member’s personal data by the Company (or its agents or service providers) for the purpose of the processing, administration and analysis by the Company (or its agents or service providers) of proxies and representatives appointed for the Extraordinary General Meeting (including any adjournment thereof) and the preparation and compilation of the attendance lists, minutes and other documents relating to the Extraordinary General Meeting (including any adjournment thereof), and in order for the Company (or its agents or service providers) to comply with any applicable laws, listing rules, take-over rules, regulations and/or guidelines (collectively, the “ Purposes ”); (ii) warrants that where the member discloses the personal data of the member’s proxy(ies) and/or representative(s) to the Company (or its agents or service providers), the member has obtained the prior consent of such proxy(ies) and/or representative(s) for the collection, use and disclosure by the Company (or its agents or service providers) of the personal data of such proxy(ies) and/or representative(s) for the Purposes; and (iii) agrees that the member will indemnify the Company in respect of any penalties, liabilities, claims, demands, losses and damages as a result of the member’s breach of warranty.

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