Cambium Global Timberland : February 1 2023 2022 Notice of the AGM and form of Proxy

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to any aspect of this notice, you should consult your stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser.

When considering what action you should take, you are recommended to seek your own personal financial advice from a suitable adviser. If you sell or have sold or transferred all your shares in Cambium Global Timberland Limited (in liquidation), you should hand this document and the documents accompanying it to the purchaser or agent through whom the sale was effected for transmission to the purchaser.

CAMBIUM GLOBAL TIMBERLAND LIMITED (IN LIQUIDATION)

(the "Company")

(a closed-ended investment Company incorporated in Jersey, registration number 95719)

Board of Directors:	Registered Office:
Antony Gardner-Hillman	IFC 5
Mark Rawlins	St Helier
	Jersey
	JE1 1ST
1 February 2023

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT, pursuant to the Companies (Jersey) Law 1991 as amended and the Articles of Association of the Company, the Annual General Meeting of shareholders of the Company will be held at the Registered Office, IFC 5, St Helier, Jersey, JE1 1ST, on 23 February 2023 at 1.00 p.m. for the purpose of considering and, if thought fit, passing the resolutions set out below.

ORDINARY RESOLUTIONS

1. To receive and adopt the Annual Report and the Audited Consolidated Financial Statements for the year ended 30 April 2022.
2. To re-appointMoore Stephens Audit & Assurance (Jersey) Limited as auditors of the Company, to hold office from the conclusion of this annual general meeting until the conclusion of the next annual general meeting of the Company or until the termination of Company.
3. To authorise the directors to fix the remuneration of the Company's auditors for their next period of office.

By order of the board

For and on behalf of

Apex Group Fund Services (Jersey) Limited

Administrator and Company Secretary

Date: 1 February 2023

NOTES TO THE ANNUAL GENERAL MEETING

Notes:

1. Any shareholder entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and vote instead of him. A proxy need not be a shareholder of the Company.
2. The form of proxy, together with, if appropriate, the power of attorney or other authority (if any) under which it is signed, must be deposited at the office of the Company's UK Transfer Agent, Link Group, PXS 1, Central Square, 29 Wellington Street, Leeds, LS1 4DL, not later than forty-eight hours before the time appointed for holding the meeting.
3. Return of a completed form of proxy will not preclude a shareholder from attending and voting personally at the meeting.
4. The notice sets out the resolutions to be proposed at the meeting. The chairman or, failing him, the deputy chairman of the Directors, shall preside as chairman at the general meeting. It is anticipated that the chairman of the meeting will be Mr Antony Gardner-Hillman or, in his absence, Mr Mark Rawlins.
5. The quorum for a meeting of shareholders is two or more Shareholders present in person or by proxy.
6. If, within thirty minutes from the appointed time for the meeting, a quorum is not present, the meeting shall stand adjourned for seven days to be reconvened at the same time and place or to such other day and at such other time and place as the Board may determine and no notice of adjournment need be given. At that meeting, those shareholders present in person or by proxy will form a quorum whatever their number and the number of shares held by them. A majority of not less than two-thirds of the total number of votes cast is required to pass any resolutions proposed as special resolutions.
7. To appoint more than one proxy you may photocopy this form. Please indicate the proxy holder's name and number of shares in relation to which they are authorised to act as your proxy (which, in aggregate, should not exceed the number of shares held by you). Please also indicate if the proxy instruction is one of multiple instructions being given. All forms must be signed and should be returned together in the same envelope.
8. The time by which a person must be entered on the register of members in order to have the right to attend or vote at the meeting is by close of business on 21 February 2023. If the meeting is adjourned, the time by which a person must be entered on the register of members in order to have the right to attend or vote at the adjourned meeting is close of business on the day that is 2 days before the adjourned meeting. Changes to entries on the register of members after such times shall be disregarded in determining the rights of any person to attend or vote at the meeting.
9. A copy of the Annual Report and the Audited Consolidated Financial Statements for the year ended 30 April 2022 to be laid before the Annual General Meeting is available on the Company's website (http://www.cambium.je/investor-documents/shareholder-communication/)or alternatively, on request by email to [e-mail].

CAMBIUM GLOBAL TIMBERLAND LIMITED (IN LIQUIDATION) FORM OF PROXY

Form of proxy for use by Shareholders of Ordinary Shares in Cambium Global Timberland Limited (in liquidation) (the "Company") at the Annual General Meeting convened to be held at IFC 5, St Helier, Jersey, JE1 1ST, on 23 February 2023 at 1.00 p.m. (UK)

I/We

(full name(s) in block capitals)

of

(address in block capitals)

being a Member/s of the above named Company, hereby appoint

1.

(name and address of proxy in block capitals)

or, failing him/her

2. the Chairman of the meeting (see Note 1 below)

as my/our proxy to attend and, on a poll, vote for me/us and on my/our behalf at the Annual General Meeting of the Company to be held on 23 February 2023 at 1.00 p.m. and at any adjournment thereof.

I/We wish my/our proxy to vote as indicated below in respect of the resolutions to be proposed at the meeting. Please indicate which way you wish your proxy to vote by ticking the appropriate box alongside each resolution. (see note 2 below).

RESOLUTIONS	For	Against	Vote		Discretionary
Withheld
Ordinary Resolutions
1.	That the Annual Report and the Audited Consolidated Financial
	Statements for the year ended 30 April 2022 be received and adopted
2.	That Moore Stephens Audit & Assurance (Jersey) Limited be re-
	appointed as auditors of the Company
3.	That the directors be authorised to fix the remuneration of the
	Company's auditors

Please indicate with either a "X" or "✓" in the appropriate box opposite the resolution how you wish your votes to be cast

Signature ………………………………… (see Note 3 below) Date……………………. 2023

Please return to Registrar: Link Group, PXS 1, Central Square, 29 Wellington Street, Leeds, LS1 4DL.

NOTES TO THE FORM OF PROXY

NOTES:

1. If you wish to appoint as your proxy someone other than the chairman of the meeting, write on the line the full name and address of your proxy.

2. In the absence of instructions, the person appointed proxy may vote or abstain from voting as he or she thinks fit on the specified resolutions and, unless instructed otherwise, the person appointed proxy may also vote or abstain from voting as he or she thinks fit on any other business (including amendments to resolutions) which may properly come before the meeting.

1. This form must be signed and dated by the shareholder or his/her attorney duly authorised in writing. If the shareholder is a company, it may execute under its common seal or by the signature of a duly authorised officer or attorney. In the case of joint holdings, any one holder may sign this form. The vote of the senior joint holder who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the votes of the other joint holders and for this purpose seniority will be determined by the order in which the names stand in the register of members in respect of the joint holding.
2. To be valid, this form must be completed and lodged with Link Group, PXS 1, Central Square, 29 Wellington Street, Leeds, LS1 4DL. together with the power of attorney or other authority (if any) under which it is signed or a copy of such authority certified notarially, not less than 48 hours before the time fixed for holding the meeting.
3. The 'vote withheld' option is provided to enable you to abstain on any particular resolution however it should be noted that a 'vote withheld' is not a vote in law and will not be counted in the calculation of the proportion of the votes 'for' and 'against' a resolution.
4. To appoint more than one proxy you may photocopy this form. Please indicate the proxy holder's name and number of shares in relation to which they are authorised to act as your proxy (which, in aggregate, should not exceed the number of shares held by you). Please also indicate if the proxy instruction is one of multiple instructions being given. All forms must be signed and should be returned together in the same envelope.
5. To allow effective constitution of the Meeting, if it is apparent to the Chairman that no Shareholders will be present in person or represented by proxy, other than by proxy in the Chairman's favour, then the Chairman may appoint a substitute to act as proxy in his stead for any Shareholder, provided that substitute proxy shall vote on the same basis as the proxy has indicated.