| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 03 May 2023 |
| Time | 10:00 AM |
| Venue(s) | Broadcast Venue at Menara Maybank 100 Jalan Tun Perak 50050 Kuala Lumpur Malaysia Virtual Meeting Platform via https://meeting.boardroomlimited.my with Remote Participation and Electronic Voting facilities Malaysia |
| Outcome of Meeting |
The Board of Directors of Malayan Banking Berhad (the "Company") wishes to announce that all the resolutions set out in the Notice of the 63rd Annual General Meeting ("AGM") of the Company dated 4 April 2023 were duly passed by the shareholders of the Company at the 63rd AGM held on 3 May 2023. The Audited Financial Statements of the Company for the financial year ended 31 December 2022 and the Reports of the Directors and Auditors thereon were received and duly tabled at the 63rd AGM under Agenda 1. All the resolutions were voted by poll in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The results of the poll were validated by Messrs. Deloitte Business Advisory Sdn Bhd, the independent scrutineers appointed by the Company. Please refer to the attachment for the detailed poll results. This announcement is dated 3 May 2023. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description | To re-elect Mr Edwin Gerungan as Director of the Company, who retires by rotation in accordance with Articles 104 and 105 of the Company's Constitution and being eligible, offers himself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5,195 | 231 |
| No. of Shares | 9,606,846,694 | 10,670,243 |
| % of Voted Shares | 99.8891 | 0.1109 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description | To re-elect Mr Anthony Brent Elam as Director of the Company, who retires by rotation in accordance with Articles 104 and 105 of the Company's Constitution and being eligible, offers himself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5,198 | 222 |
| No. of Shares | 9,616,034,673 | 1,408,298 |
| % of Voted Shares | 99.9854 | 0.0146 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description | To re-elect Dato' Zulkiflee Abbas Abdul Hamid as Director of the Company, who retires by rotation in accordance with Articles 104 and 105 of the Company's Constitution and being eligible, offers himself for re-election. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5,171 | 250 |
| No. of Shares | 9,606,707,158 | 10,749,184 |
| % of Voted Shares | 99.8882 | 0.1118 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description | To approve the payment of the following fees to Non-Executive Directors for the period from the 63rd AGM to the 64th AGM of the Company: (i) Chairman's fee of RM610,000 per annum; (ii) Vice Chairman's fee of RM440,000 per annum; (iii) Director's fee of RM295,000 per annum for each Non-Executive Director; (iv) Board Committee Chairman's fee of RM75,000 per annum for the Chairman of each Board Committee; and (v) Board Committee Member's fee of RM45,000 per annum for each member of a Board Committee. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,971 | 483 |
| No. of Shares | 9,615,230,292 | 2,014,782 |
| % of Voted Shares | 99.9791 | 0.0209 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description | To approve the payment of benefits to eligible Non-Executive Directors of an amount up to RM3,418,150 for the period from the 63rd AGM to the 64th AGM of the Company. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,849 | 558 |
| No. of Shares | 9,611,730,555 | 5,507,259 |
| % of Voted Shares | 99.9427 | 0.0573 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description | To re-appoint Messrs Ernst & Young PLT as Auditors of the Company for the financial year ending 31 December 2023 and to authorise the Directors to fix their remuneration. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5,198 | 243 |
| No. of Shares | 9,584,116,067 | 33,517,228 |
| % of Voted Shares | 99.6515 | 0.3485 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description | Authority to Directors to allot shares pursuant to Section 75 of the Companies Act 2016 | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 4,984 | 444 |
| No. of Shares | 9,354,771,632 | 263,800,352 |
| % of Voted Shares | 97.2574 | 2.7426 |
| Result | Accepted | |
8. Ordinary Resolution 8 |
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| Description | Allotment and issuance of new ordinary shares in the Company ("Maybank Shares") in relation to the Recurrent and Optional Dividend Reinvestment Plan ("DRP") that allows the shareholders of the Company to reinvest their dividend to which the DRP applies, in new Maybank Shares. | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 5,135 | 312 |
| No. of Shares | 9,602,738,784 | 15,973,679 |
| % of Voted Shares | 99.8339 | 0.1661 |
| Result | Accepted | |
Please refer attachment below.
| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 03 May 2023 |
| Category | General Meeting |
| Reference Number | GMA-03052023-00003 |
| Corporate Action ID | MY230503MEET0003 |