IFS Capital : Proxy Form

IFS CAPITAL LIMITED

(Incorporated in the Republic of Singapore)

Company Registration No. 198700827C

PROXY FORM

Thirty-Seventh (37th) Annual General Meeting

IMPORTANT

1. The AGM (as defined below) is being convened, and will be held physically at 11 Eunos Road 8, Lifelong Learning Institute, Event Hall 2-1 Level 2, Singapore 408601 on Monday, 29 April 2024 at 2.30 p.m. There will be no option for shareholders to participate virtually.
2. Please read the notes overleaf which contain instructions on, inter alia, the appointment of a proxy(ies).
3. This proxy form is not valid for use and shall be ineffective for all intents and purposes if used or purported to be used by CPF and SRS investors.
4. CPF and SRS investors:
5. 1. may vote at the AGM if they are appointed as proxies by their respective CPF Agent Banks or SRS Operators, and should contact their respective CPF Agent Banks or SRS Operators if they have any queries regarding their appointment as proxies; or
   2. may appoint the Chairman of the Meeting as proxy to vote on their behalf at the AGM, in which case they should approach their respective CPF Agent Banks or SRS Operators to submit their votes by 5.00 p.m. on 18 April 2024.
6. By submitting an instrument appointing a proxy(ies) and/or representative(s), the member accepts and agrees to the personal data privacy terms set out in the Notice of AGM dated 11 April 2024.

I/We			(Name)				(NRIC/Passport No./Co. Reg No.)
of									(Address)
being a member/members of IFS Capital Limited (the "Company"), hereby appoint:
								Proportion of Shareholdings
		Name	Address			NRIC/Passport No.		No. of Shares		%
and/or (delete as appropriate)
								Proportion of Shareholdings
		Name	Address			NRIC/Passport No.		No. of Shares		%

as my/our proxy/proxies, to attend, speak and vote for me/us on my/our behalf at the Thirty-Seventh (37th) Annual General Meeting ("AGM") of IFS Capital Limited (the "Company") to be convened and held at 11 Eunos Road 8, Lifelong Learning Institute, Event Hall 2-1 Level 2, Singapore 408601 on Monday, 29 April 2024 at 2.30 p.m. and at any adjournment thereof in the following manner:

		Resolutions Relating To:	For	Against	Abstain
Routine Business
1	Adoption of Directors' Statement, Audited Financial Statements and Auditors' Report
2	Payment of a First and Final One-Tier Tax Exempt Ordinary Cash Dividend of 0.50 cents
	per share
3	Approval of Directors' fees amounting to S$221,472
4	Re-election of Directors:
	(a)	Mr Lim Hua Min
	(b)	Mr Barney Lau Tai Chiau
5	(a)	Mr Loo Hock Leong
	(b)	Ms Chen Xialing
6	Re-appointment of Ernst & Young LLP as the auditors of the Company and to authorise
	the Directors to fix their remuneration.
Special Business
7	Ordinary Resolution:
	Authority for Directors to Issue Shares and Instruments Convertible into Shares

Voting will be conducted by poll. If you wish your proxy/proxies to cast all your votes "For" or "Against", please indicate with an "X" in the "For" or "Against" box provided in respect of that resolution. Alternatively, please indicate the number of votes "For" or "Against" in the "For" or "Against" box provided in respect of that resolution. If you wish your proxy/proxies to abstain from voting on a resolution, please indicate with an "X" in the "Abstain" box provided in respect of that resolution. Alternatively, please indicate the number of shares that your proxy/proxies is/are directed to abstain from voting in the "Abstain" box provided in respect of that resolution. In any other case, the proxy/proxies may vote or abstain as the proxy/proxies deems fit on any of the above resolutions if no voting instruction is specified, and on any other matter arising at the AGM.

Dated this

day of

2024

Total Number of Shares Held

Signature(s) of Member(s) or

Common Seal of Corporate Member

IMPORTANT: PLEASE READ NOTES TO PROXY FORM OVERLEAF

NOTES TO PROXY FORM:

1. A member should insert the total number of shares held. If the member has shares entered against his/her/its name in the Depository Register (maintained by The Central Depository (Pte) Limited), he/she/it should insert that number of shares. If the member has shares registered in his/her/its name in the Register of Members (maintained by or on behalf of the Company), he/she/it should insert that number of shares. If the member has shares entered against his/her/its name in the Depository Register as well as shares registered in his/her/its name in the Register of Members, he/she/it should insert the aggregate number of shares. If no number is inserted, this form of proxy will be deemed to relate to all the shares held by the member.
2. (a) A member who is not a relevant intermediary is entitled to appoint not more than two proxies to attend, speak and vote at the AGM. Where such member's form of proxy appoints more than one proxy, the proportion of the shareholding concerned to be represented by each proxy shall be specified in the instrument.
3. 1. A member who is a relevant intermediary is entitled to appoint more than two proxies to attend, speak and vote at the AGM, but each proxy must be appointed to exercise the rights attached to a different share or shares held by such member. Where such member's form of proxy appoints more than two proxies, the number and class of shares in relation to which each proxy has been appointed shall be specified in the instrument.

"Relevant intermediary" has the meaning ascribed to it in Section 181 of the Companies Act 1967.

1. A proxy need not be a member of the Company. A member may choose to appoint the Chairman of the Meeting as his/her/its proxy, but this is not mandatory.
2. The instrument appointing a proxy(ies) must be submitted to the Company in the following manner:
3. 1. if submitted by post, be deposited at the office of the Company's share registrar, Tricor Barbinder Share Registration Services, 9 Raffles Place #26-01 Republic Plaza Tower 1, Singapore 048619; or
   2. if submitted electronically, be submitted via email to the Company's share registrar at [e-mail].

in either case, by 2.30 p.m. on 26 April 2024, being 72 hours before the time appointed for holding the AGM.

1. Completion and submission of the instrument appointing a proxy(ies) by a member will not prevent him/her from attending, speaking and voting at the AGM if he/she so wishes. The appointment of the proxy(ies) for the AGM will be deemed to be revoked if the member attends the AGM in person and in such event, the Company reserves the right to refuse to admit any person or persons appointed under the relevant instrument appointing a proxy(ies) to the AGM.
2. The instrument appointing a proxy(ies) must be signed under the hand of the appointor or of his/her attorney duly authorised in writing. Where the instrument appointing a proxy(ies) is executed by a corporation, it must be executed either under its common seal or under the hand of its attorney or a duly authorised officer.
3. A corporation which is a member may, in accordance with Section 179 of the Companies Act 1967, authorise by resolution of its directors or other governing body such person as it thinks fit to act as its representative at the AGM.
4. The Company shall be entitled to reject the instrument appointing a proxy(ies) which is incomplete, improperly completed, illegible or where the true intentions of the appointor are not ascertainable from the instructions of the appointor specified in the instrument appointing a proxy(ies) (including any related attachment). In addition, in the case of members whose shares are entered against their names in the Depository Register, the Company may reject any instrument appointing a proxy/proxies lodged or submitted if such members, being the appointor, are not shown to have shares entered against their names in the Depository Register at least 72 hours before the time appointed for holding the AGM, as certified by The Central Depository (Pte) Limited to the Company.
5. For purposes of the appointment of a proxy(ies) and/or representative(s), the member(s)' full name and CDP account number (if applicable) and the proxy(ies)' or representative(s)' full name and full NRIC/passport number will be required for verification purposes, and the proxy(ies)' or representative(s)' NRIC/passport will need to be produced for sighting upon registration at the AGM. This is so as to ensure that only duly appointed proxy(ies)/representative(s) attend, speak and vote at the AGM. The Company reserves the right to refuse admittance to the AGM if the proxy(ies)' or representative(s)' identity cannot be verified accurately.

1st fold here

Affix

Postage

Stamp

IFS CAPITAL LIMITED

c/o Tricor Barbinder Share Registration Services

9 Raffles Place #26-01 Republic Plaza Tower 1 Singapore 048619

2nd fold here

Glue and seal overleaf. Do not staple.