Elec & Eltek International : POLL RESULTS OF THE 2018 ANNUAL GENERAL MEETING

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The Singapore Exchange Securities Trading Limited assumes no responsibility for the correctness of any of the statements made, reports contained, or opinions expressed in this announcement.

Elec & Eltek International Company Limited

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(Incorporated in the Republic of Singapore with Limited Liability)

Singapore Company Registration Number: 199300005H

(Hong Kong Stock Code: 1151)

(Singapore Stock Code: E16.SI)

POLL RESULTS OF THE 2018 ANNUAL GENERAL MEETING

Reference is made to the circular dated 26 March 2018 (the "Circular") issued by Elec & Eltek International Company Limited (the "Company"), and the notice of annual general meeting dated 26 March 2018 ("AGM Notice"). Unless the context otherwise requires, capitalised terms used in this announcement have the same meaning as defined in the Circular.

At the annual general meeting of the Company held on 27 April 2018 ("2018 AGM"): (a) in Hong Kong, at Board Room, 23/F, Delta House, 3 On Yiu Street, Shek Mun, Shatin, New Territories, Hong Kong (for Hong Kong Shareholders); and (b) in Singapore, via video conferencing in the Conference Room at Wangz Business Centre, The Penthouse, 7 Temasek Boulevard, #44-01 Suntec Tower 1, Singapore 038987 (for Singapore Shareholders), all of the Ordinary Resolutions proposed were taken by poll.

As at the date of the 2018 AGM, a total of 186,919,962 ordinary shares of the Company were in issue and entitled the holders of which to attend and vote at the 2018 AGM.

Each director of the Company ("Director", and collectively, the "Directors") who is also a shareholder of the Company and subject to re-election at the 2018 AGM, abstained from voting on the respective resolution concerning his/her own re-election. By virtue of:

• • their interests in the IPT Mandate, the persons referred to in Section 1.12 of Appendix B of the Circular abstained from voting on Ordinary Resolution 9; and

• • their interests in the 2018 Share Option Scheme, the persons referred to in Section 30.2 of Appendix C of the Circular abstained from voting on Ordinary Resolutions 10, 11, 12 and 13.

Save as disclosed above, there were no restrictions on the casting of votes by any of the Shareholders on any of the proposed resolutions at the 2018 AGM. No Shareholder was required to attend and vote only against the proposed resolutions at the 2018 AGM.

The poll results in respect of the resolutions proposed at the 2018 AGM are as follows:

• 1. Adoption of the Directors' Report and the Audited Accounts for the financial year ended 31 December 2017 with the Auditors' Report thereon

  Ordinary Resolutions proposed	No. of Votes (%)	Passed by
  at the 2018 AGM	For Against	Shareholders

  135,184,576 (100.00%)

  0 (0.00%)Yes

• 2. Declaration of dividends

• 3. Re-election of Mr. Chang Wing Yiu and Mr. Ng Hon Chung as executive Directors

  135,169,576 (100.00%) 132,285,109

  (97.86%)

  0 (0.00%) 2,899,467 (2.14%)

  Yes

  Yes

• 4. Re-election of Mr. Stanley Chung Wai Cheong and Mr. Kong Tze Wing as independent non-executive Directors

  134,646,676

  (99.60%)

  537,900 (0.40%)

  Yes

• 5. Approval of Directors' fees for the financial year ending 31 December 2018

135,184,576 (100.00%)

0 (0.00%)

Yes

• 6. Re-appointment of Auditors and authorisation of Directors to fix Auditors' remuneration

  Ordinary Resolutions proposed	No. of Votes (%)	Passed by
  at the 2018 AGM	For Against	Shareholders

  135,127,576

  (99.96%)

  57,000 (0.04%)

  Yes

• 7. The Renewal of the Share Issue Mandate

  134,615,032

  574,344

  Yes

  (99.58%)

  (0.42%)

• 8. The Renewal of the Share Purchase Mandate

  134,628,032

  561,344

  Yes

  (99.58%)

  (0.42%)

• 9. The Renewal of the Interested Person Transactions Mandate

  3,797,011

  68,000

  Yes

  (98.24%)

  (1.76%)

• 10. The Adoption of the 2018 Share Option Scheme

  130,352,709

  2,862,267

  Yes

  (97.85%)

  (2.15%)

• 11. The Grant of Authorisation to Offer and Grant Option(s) at a discount

  130,352,709

  2,862,267

  Yes

  (97.85%)

  (2.15%)

• 12. The Participation in the Option Scheme by the Employees of the Companies within the Parent Group

  130,352,709

  (97.85%)

  2,862,267 (2.15%)

  Yes

• 13. The Participation in the 952,544 2,912,467 Option Scheme by Mr. (24.65%) (75.35%) Cheung Kwok Wing

No

Note: For the full text of the above resolutions, please refer to the AGM Notice.

More than 50% of the votes were cast in favour of Resolutions 1 to 12 above, accordingly, other than Resolution 13, all the resolutions were duly passed as Ordinary Resolutions. As more than 50% of the votes were cast against Resolution 13, such resolution was not passed.

Ardent Business Advisory Pte Ltd, an external accounting firm, acted as the scrutineer for the vote-taking at the 2018 AGM and compared the poll result summary to the poll forms collected by the Company.

By order of the Board

Elec & Eltek International Company Limited

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Stephanie Cheung Wai Lin

Vice Chairman

Hong Kong, 27 April 2018

As at the date of this announcement, the Board comprises the following Directors:Executive Directors:

Stephanie Cheung Wai Lin (Vice Chairman) Chang Wing Yiu

Ng Hon Chung

*For identification purposes onlyNon-executive Director: Cheung Kwok Wing (Chairman)Independent non-executive Directors: Stanley Chung Wai Cheong

Ong Shen Chieh

Kong Tze Wing