Annual General Meeting

ANNUAL GENERAL MEETING OF THE COMPANY TO BE HELD BY WAY OF ELECTRONIC MEANS ON TUESDAY, 25 APRIL 2023 AT 10:00 A.M.

Please find below for:

1. Date, time and conduct of Annual General Meeting of the Company.

The Annual General Meeting of the Company will be held by way of electronic means on Tuesday, 25 April 2023 at 10:00 a.m. to transact the business set out in the Notice of Annual General Meeting.

2. Notice of Annual General Meeting, FY2022 Annual Report and Proxy Form.

Printed copies of the Notice of Annual General Meeting, the FY2022 Annual Report and the Proxy Form will not be sent to members.

Please find below for:

The Notice of Annual General Meeting, the FY2022 Annual Report and the Proxy Form are also available on SGXNET at the URL, https://www.sgx.com/securities/company-announcements

3. Attendance at the Annual General Meeting of the Company.

The AGM of the Company will be held by way of electronic means and a member will not be able to attend the Annual General Meeting of the Company in person.

4. Participation at the Annual General Meeting of the Company.

Alternative arrangements have been made by the Company to allow members to participate at the Annual General Meeting of the Company via electronic means.

Such alternative arrangements include:

(a) arrangements by which members may electronically access the meeting and observe and/or listen to the live audio-visual webcast or live audio-only stream;

(b) arrangements by which members may submit questions to the Chairman of the Meeting in advance of and live at the Annual General Meeting of the Company;

(c) arrangements by which the Chairman of the Meeting may address substantial and relevant questions before and live at the Annual General Meeting of the Company; and

(d) arrangements by which members may appoint proxy(ies) (other than the Chairman of the Meeting), or appoint the Chairman of the Meeting as his/her/its proxy to attend, speak and vote on his/her/its behalf at the Annual General Meeting of the Company.

Details of the steps for pre-registration for the live audio-visual webcast or live audio-only stream, submission of questions in advance of and live at the Annual General Meeting of the Company and submission of Proxy Forms to appoint proxy(ies) (other than the Chairman of the Meeting), or appoint the Chairman of the Meeting as his/her/its proxy to attend, speak and vote at the Annual General Meeting of the Company are set out in the appendix to this announcement.

5. Key Dates and Times

Key Dates and Times	Actions to be taken by Members
Tuesday, 18 April 2023, 10:00 a.m.	Deadline for members to submit questions in advance of the Annual General Meeting of the Company.
Saturday, 22 April 2023 10.00 a.m.	Deadline for members to: submit the Proxy Forms to appoint proxy(ies) (other than the Chairman of the Meeting), or appoint the Chairman of the Meeting as proxy to attend, speak and vote at the Annual General Meeting of the Company; and pre-register for the live audio-visual webcast or live audio-only stream.
Monday, 24 April 2023 10.00a.m.	Members, who have pre-registered for the live audio-visual webcast or live audio-only stream and who have by verified by the Company’s Singapore Registrar and Transfer Agent, will receive an email which will contain a unique link and instructions to access the live audio-visual webcast or the live audio-only steam via their web browser (the “Confirmation Email”). Members, who have pre-registered for the live audio-visual webcast or live audio-only stream but who have not received the Confirmation Email by Monday, 24 April 2023 10.00 a.m., should contact Easy Video via email at support@conveneagm.com.
Tuesday, 25 April 2023 10:00 a.m.	Members may participate at the Annual General Meeting of the Company via electronic means by clicking on the link in the Confirmation Email to access the live audio-visual webcast or live audio-only stream of the AGM proceedings.

Important reminder: Members should check the Company’s website at the URL link https://www.darcowater.com/investor-information/annual-general-meeting-2023/ for the latest updates on the status of the Annual General Meeting. Such updates will also be made available on SGXNET at the URL https://www.sgx.com/securities/company-announcements.

BY ORDER OF THE BOARD

Dr. Zhang Zhenpeng
Executive Director and Chief Executive Officer

10 April 2023

APPENDIX

Members may electronically access the meeting and observe and/or listen to the live audio-visual webcast or live audio-only stream via their mobile phones, tablets or computers, submit questions to the Chairman of the Meeting in advance of the Annual General Meeting of the Company and appoint the Chairman of the Meeting as his/her/its proxy to attend, speak and vote on his/her/its behalf at the Annual General Meeting of the Company.

To do so, members will need to complete the relevant steps below.

Steps	Details
Pre-registration for the live audio-visual webcast or live audio only stream	Members must pre-register at the URL https://conveneagm.sg/darcoagm from the date hereof until Saturday, 22 April 2023, 10:00 a.m. to enable the Company’s Singapore Registrar and Transfer Agent, Boardroom Corporate & Advisory Services Pte. Ltd., to verify their status as members of the Company. Following the verification, authenticated members will receive an email by Monday, 24 April 2023, 10:00 a.m. which will contain a unique link and instruction to access the live audio-visual webcast or the live audio-only stream via their web browser (the “Confirmation Email”). Members, who have pre-registered for the live audio-visual webcast or live audio-only stream but who have not received the Confirmation Email by Monday 24 April 2023, 10:00 a.m. should contact Easy Video via email at support@conveneagm.com. Shareholders MUST NOT forward the unique link to other persons who are not Shareholders and who are not entitled to attend the AGM.
Submission of questions in advance of the Annual General Meeting of the Company	Members will be able to ask questions at the Annual General Meeting of the Company during the live audio-visual webcast or live audio-only stream. Members may also submit questions to the Chairman of the Meeting in advance of the Annual General Meeting of the Company. Submission of questions. Members may submit questions related to the resolutions to be tabled for approval at the Annual General Meeting of the Company to the Chairman of the Meeting in advance of the Annual General Meeting of the Company in the following manner: By post – Members may submit their questions by post to the registered office of the Company, at 120 Lower Delta Road #04-03, Cendex Centre, Singapore 169208. Questions submitted by members by post must be accompanied by the member’s full name (as per CDP/CPF/SRS/Scrip-based records), NRIC/Passport/UEN number, address and the manner in which the member hold shares in the Company. By electronic means – Members, who have pre-registered for the live audio-visual webcast or live audio-only stream, may submit their questions by electronic means at AGM@darcowater.com. Deadline to submit questions. Members must submit all questions by Tuesday, 18 April 2023, 10:00 a.m.. Addressing questions. The Company will endeavour to address all substantial and relevant questions received from members by Thursday, 20 April 2023. The Company will publish its responses to questions on the Company’s website at the URL https://www.darcowater.com/investor-information/annual-general-meeting-2023/ and on SGXNET at the URL https://www.sgx.com/securities/company-announcements by Thursday, 20 April 2023. Minutes of Annual General Meeting of the Company. The Company will publish the minutes of the Annual General Meeting of the Company on the Company’s website at the URL https://www.darcowater.com/investor-information/annual-general-meeting-2023/ on SGXNET at the URL https://www.sgx.com/securities/company-announcements within one month after the Annual General Meeting of the Company. The minutes of Annual General Meeting will include responses from the Board of Directors and the Management to substantial and relevant comments, queries and/or questions received from members addressed at the Annual General Meeting of the Company during the live audio-visual webcast or live audio-only stream.
Submission of Proxy Forms to appoint the Chairman of the Meeting to attend, speak and vote at the Annual General Meeting of the Company	Appointment of Proxy(ies). A member (whether individual or corporate) may appoint proxy(ies) (other than the Chairman of the Meeting), or appoint the Chairman of the Meeting as his/her/its proxy to attend, speak and vote on his/her/its behalf at the Annual General Meeting of the Company in accordance with the instructions on the Proxy Form if such member wishes to exercise his/her/its voting rights at the Annual General Meeting of the Company. Specific instructions as to voting must be given. Where a member (whether individual or corporate) appoints proxy(ies) (other than the Chairman of the Meeting), or appoints the Chairman of the Meeting as his/her/its proxy, he/she/it must give specific instructions as to voting, or abstentions from voting, in respect of a resolution in the Proxy Form, failing which the appointment of the proxy(ies) (including the Chairman of the Meeting) for that resolution will be treated as invalid. Submission of Proxy Forms. The Proxy Form must be submitted to the Company in the following manner: if submitted by post, be lodged with the registered office of the Company at 120 Lower Delta Road #04-03, Cendex Centre, Singapore 169208; or if submitted by way of electronic means, be submitted via email to the Company at AGM@darcowater.com, in either case, by Saturday, 22 April 2023, 10:00 a.m.. A member who wishes to submit the Proxy Form must first download, complete and sign the Proxy Form, before submitting it by post to the address provided above, or by scanning and submitting it by way of electronic means via email to the email address provided above. Members are strongly encouraged to submit the completed Proxy Forms by way of electronic means via email.

Steps

Details

Pre-registration for the live audio-visual webcast or live audio only stream

Members must pre-register at the URL https://conveneagm.sg/darcoagm from the date hereof until Saturday, 22 April 2023, 10:00 a.m. to enable the Company’s Singapore Registrar and Transfer Agent, Boardroom Corporate & Advisory Services Pte. Ltd., to verify their status as members of the Company.

Following the verification, authenticated members will receive an email by Monday, 24 April 2023, 10:00 a.m. which will contain a unique link and instruction to access the live audio-visual webcast or the live audio-only stream via their web browser (the “Confirmation Email”).

Members, who have pre-registered for the live audio-visual webcast or live audio-only stream but who have not received the Confirmation Email by Monday 24 April 2023, 10:00 a.m. should contact Easy Video via email at support@conveneagm.com.

Shareholders MUST NOT forward the unique link to other persons who are not Shareholders and who are not entitled to attend the AGM.

Submission of questions in advance of the Annual General Meeting of the Company

Members will be able to ask questions at the Annual General Meeting of the Company during the live audio-visual webcast or live audio-only stream. Members may also submit questions to the Chairman of the Meeting in advance of the Annual General Meeting of the Company.

Submission of questions. Members may submit questions related to the resolutions to be tabled for approval at the Annual General Meeting of the Company to the Chairman of the Meeting in advance of the Annual General Meeting of the Company in the following manner:

By post – Members may submit their questions by post to the registered office of the Company, at 120 Lower Delta Road #04-03, Cendex Centre, Singapore 169208. Questions submitted by members by post must be accompanied by the member’s full name (as per CDP/CPF/SRS/Scrip-based records), NRIC/Passport/UEN number, address and the manner in which the member hold shares in the Company.
By electronic means – Members, who have pre-registered for the live audio-visual webcast or live audio-only stream, may submit their questions by electronic means at AGM@darcowater.com.

Deadline to submit questions. Members must submit all questions by Tuesday, 18 April 2023, 10:00 a.m..

Addressing questions. The Company will endeavour to address all substantial and relevant questions received from members by Thursday, 20 April 2023. The Company will publish its responses to questions on the Company’s website at the URL https://www.darcowater.com/investor-information/annual-general-meeting-2023/ and on SGXNET at the URL https://www.sgx.com/securities/company-announcements by Thursday, 20 April 2023.

Minutes of Annual General Meeting of the Company. The Company will publish the minutes of the Annual General Meeting of the Company on the Company’s website at the URL https://www.darcowater.com/investor-information/annual-general-meeting-2023/ on SGXNET at the URL https://www.sgx.com/securities/company-announcements within one month after the Annual General Meeting of the Company. The minutes of Annual General Meeting will include responses from the Board of Directors and the Management to substantial and relevant comments, queries and/or questions received from members addressed at the Annual General Meeting of the Company during the live audio-visual webcast or live audio-only stream.

Submission of Proxy Forms to appoint the Chairman of the Meeting to attend, speak and vote at the Annual General Meeting of the Company

Appointment of Proxy(ies). A member (whether individual or corporate) may appoint proxy(ies) (other than the Chairman of the Meeting), or appoint the Chairman of the Meeting as his/her/its proxy to attend, speak and vote on his/her/its behalf at the Annual General Meeting of the Company in accordance with the instructions on the Proxy Form if such member wishes to exercise his/her/its voting rights at the Annual General Meeting of the Company.

Specific instructions as to voting must be given. Where a member (whether individual or corporate) appoints proxy(ies) (other than the Chairman of the Meeting), or appoints the Chairman of the Meeting as his/her/its proxy, he/she/it must give specific instructions as to voting, or abstentions from voting, in respect of a resolution in the Proxy Form, failing which the appointment of the proxy(ies) (including the Chairman of the Meeting) for that resolution will be treated as invalid.

Submission of Proxy Forms. The Proxy Form must be submitted to the Company in the following manner:

if submitted by post, be lodged with the registered office of the Company at 120 Lower Delta Road #04-03, Cendex Centre, Singapore 169208; or
if submitted by way of electronic means, be submitted via email to the Company at AGM@darcowater.com,

in either case, by Saturday, 22 April 2023, 10:00 a.m.. A member who wishes to submit the Proxy Form must first download, complete and sign the Proxy Form, before submitting it by post to the address provided above, or by scanning and submitting it by way of electronic means via email to the email address provided above. Members are strongly encouraged to submit the completed Proxy Forms by way of electronic means via email.