Shareholders Meeting ST Engineering’s 2024 Annual General Meeting (AGM) was held in a wholly physical format whereby shareholders conducted a live voting. The Company provides shareholders with a 28 day notice period, allowing ample time to plan for their attendance at the general meetings and to properly consider the items of business on the agenda. The Annual Report, Notice of AGM and Proxy Form for the 2024 AGM were made available via SGXNet and our corporate website. To facilitate shareholder engagement, shareholders were able to submit their questions ahead of the AGM and our responses were published on SGXNet and on our corporate website before the AGM. Shareholders who were unable to attend the AGM, had appointed Chairman or others as their proxy(ies) to vote on their behalf. The Company addresses the substantial and relevant questions received from shareholders by publishing the answers via SGXNet and our corporate website 48 hours before the deadline to submit the proxy form to allow shareholders to decide on their votes. To cater to shareholders who did not submit their questions in advance or who have additional questions, we allow time for “live” Q&A with the Board during the meeting. The Chairman and Group President & CEO address all questions asked by shareholders at the meeting. Our Group President & CEO started the 2024 AGM by delivering a presentation on the key highlights of the Group’s 2024 financial performance as well as a review of key initiatives, investments and achievements made in 2024 in the key focus areas of business, innovation and people. The presentation material was also available on both SGXNet and our corporate website. The Directors’ attendance at the 2024 AGM is disclosed on page 79 in the Corporate Governance Report of this Annual Report. Shareholders are entitled to attend general meetings and are accorded the opportunity to participate effectively in and vote at general meetings (including through the appointment of up to two proxies, if they are unable to attend in person or in the case of a corporate shareholder, through its appointed representative). The CPF Board and relevant intermediaries (as defined in Section 181 of the Companies Act 1967) may appoint more than two proxies to attend, speak and vote on their behalf. Shareholders are informed of the rules governing general meetings. We have implemented electronic poll voting for all the resolutions tabled for approval at the general meetings. An independent scrutineer is appointed to conduct the electronic poll voting procedures and review the proxy verification procedures. The voting procedures are briefed to the shareholders by the independent scrutineer at the beginning of general meetings. All resolutions are put to the vote by electronic poll voting. Generally, all Directors, including the respective Board Committee Chairmen, are present for the entire duration of general meetings together with Management, external auditors and legal advisors to address shareholders’ queries. Queries on matters related to the conduct of audit and the preparation and content of the auditors’ report may be addressed by the external auditors. The Chairman of the meeting allows specific Directors, such as Board Committee Chairmen, to answer queries on matters related to their roles. The Chairman also facilitates constructive dialogue between shareholders and the Directors, Management, external auditors and legal advisors (where necessary). On voting, each proposal is put to vote as a separate resolution. We do not “bundle” resolutions unless the issues are interdependent and linked so as to form one significant proposal. If there are resolutions which are interdependent and linked, we will explain the reasons and material implications in the notice of the meeting. Detailed information on each resolution is provided in the explanatory notes to the notice of general meetings to enable shareholders to exercise their votes on an informed basis. For resolutions on the election or re-election of Directors, we provide sufficient information on the background of the Directors, their contributions to ST Engineering, and their Board and Board Committee positions they are expected to hold upon election. All proxy votes are received by the 72 hours’ deadline prior to the meeting and are verified by the appointed independent scrutineers. The results of all resolutions are put to vote, showing the number of votes cast for and against each resolution and the respective percentages, are tallied and shown live on-screen to shareholders immediately after the vote has been cast. The results are also announced via SGXNet immediately after the conclusion of the meeting. 103 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT
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