Slide 1: Extraordinary General Meeting
EXTRAORDINARY GENERAL MEETING 15 June 2023
Slide 2: Disclaimer
DISCLAIMER This presentation and the discussion following may contain forward looking statements by TIME dotCom Berhad (“Time” or the “Company”) related to financial, market or industry trends for a future period. These forward-looking statements involve known and unknown risks and uncertainties whi
Slide 3: Proposed Establishment of Share Grant Plan
PROPOSED ESTABLiSHMENT OF SHARE GRANT PLAN 3
Slide 4: Introduction
Introduction SGP EGM 2023 The Company proposes to establish and implement a share grant plan of up to ten percent (10.0%) of the issued ordinary shares of Time (excluding treasury shares, if any) (the “Proposed SGP”) Duration • 10 years • Maximum 10% of the Company’s total number of issued shares Si
Slide 5: Rationale and Justification for the Proposed SGP
Rationale and Justification for the Proposed SGP SGP EGM 2023 To recognise, reward and retain employees who are contributing towards achieving our Group’s business objectives To align the interests of employees with those of shareholders in creating long-term shareholder value growth To ensure that
Slide 6: Share Price Performance During Previous SGP
- 2.00 3.00 5.00 1.00 4.00 6.00 Nov-12 Jan-13 Mar-13 May-13 Jul-13 RM0.89 1 Nov 2012 Sep-13 Nov-13 Jan-14 Mar-14 May-14 Jul-14 Sep-14 Nov-14 Jan-15 Mar-15 May-15 Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 Share Price Appreciation May-16 Jul-16 Sep-16 Nov-16 10 Year Total Shareholder Return Jan-17 Mar-17 Sha
Slide 7: The Proposed SGP Will Continue to be Open to A Large Number of Employees
The Proposed SGP Will Continue to be Open to A Large Number of Employees SGP EGM 2023 % of Eligible Employees and Awarded Shares FY2020-2022 (under previous SGP) 90% Time Employees 85% 86% 48% 38% 40% Eligible Employees Employees Granted Shares FY2020 FY2021 FY2022 Employees Eligible Employees Award
Slide 8: Governance of the Proposed SGP Implementation & Administration
Governance of the Proposed SGP SGP EGM 2023 • The Proposed SGP will be governed by the By-Laws • Operational administration of the Proposed SGP will lie with the Scheme Committee Implementation & • The Scheme Committee will be established and approved by the Administration Board • The Scheme Committ
Slide 9: Other Salient Features of the Proposed SGP
Other Salient Features of the Proposed SGP SGP EGM 2023 • Share allocation to be determined at the sole discretion of the Scheme Committee • Allocation subject to employees meeting the SGP’s terms & conditions, laws and guidelines Allocation of Shares • Allocation to an eligible employee who, either
Slide 10: Share Grant and Vesting Schedule - Illustration
Share Grant and Vesting Schedule - Illustration SGP EGM 2023 Performance Year (PY) PY+1 PY+1 PY+1 PY+1 January April Early July Mid July End July Issue Share Grant Scheme Committee Issue SG “Notice of Issue SG “Notice of Tranche 1 shares (SG) “Offer Letter” approves SG awards Allocation” letter Vest
Slide 11: Approvals Required
Approvals Required for the Proposed SGP SGP EGM 2023 1 Bursa Securities For the listing and quotation of up to ten percent (10.0%) of the issued shares (excluding treasury shares, if any) to be issued pursuant to the Proposed SGP on the Main Market of Bursa Securities ✓ Obtained on 3 May 2023 2 Burs
Slide 12: Thank You
THANK YOU
Slide 13: Effects of the Proposed SGP
Effects of the Proposed SGP SGP EGM 2023 Issued share capital The Proposed SGP will not have any immediate effect on the issued share capital of the Company. However, the issued share capital of the Company may increase progressively depending on the number of new Shares to be allotted and issued pu