REPL::Annual General Meeting::Voluntary

VALUETRONICS HOLDINGS LIMITED

(Incorporated in Bermuda on 18 August 2006)

(Company Registration Number: 38813)

RESULTS OF ANNUAL GENERAL MEETING

The Board of Directors ("Board") of Valuetronics Holdings Limited (the "Company") wishes to announce that at the Annual General Meeting ("AGM") of the Company held today, conducted by way of electronic means (live audio-visual webcast and audio-only stream), all resolutions set out in the Notice of AGM dated 2 July 2021 were put to vote at the AGM and duly passed by way of poll.

1. Poll Results
   The results of the poll on each of the resolutions put to vote at the AGM are set out below:

Total number of

For

Against

As a

As a

shares

percentage of

percentage of

Resolution number

represented by

Number of

total number of

Number of

total number of

and details

votes for and

shares

votes for and

shares

votes for and

against the

against the

against the

relevant resolution

resolution (%)

resolution (%)

Ordinary Resolution 1

Directors' Report and Audited

167,374,168

167,371,668

100.00

2,500

N/M

Financial Statements for the

financial year ended 31 March

2021

Ordinary Resolution 2

Payment of proposed final

168,902,998

168,900,498

100.00

2,500

N/M

dividend

Ordinary Resolution 3

Re-election of Mr Ong Tiew

168,825,498

130,272,402

77.16

38,553,096

22.84

Siam as a Director(1)

Ordinary Resolution 4

Approval of Directors' fees for

168,840,498

168,811,098

99.98

29,400

0.02

the financial year ending 31

March 2022, to be paid

quarterly in arrears

Ordinary Resolution 5

Re-appointment of

PricewaterhouseCoopers as

168,902,498

168,877,498

99.99

25,000

0.01

Auditors and to authorise the

Directors to fix their

remuneration

Valuetronics Holdings Limited

Results of AGM - 26 July 2021

Page 2

Total number of

For

Against

As a

As a

shares

percentage of

percentage of

Resolution number

represented by

Number of

total number of

Number of

total number of

and details

votes for and

shares

votes for and

shares

votes for and

against the

against the

against the

relevant resolution

resolution (%)

resolution (%)

Ordinary Resolution 6

168,822,498

132,330,816

78.38

36,491,682

21.62

Authority to issue shares

Ordinary Resolution 7

Authority to allot and issue

shares under the Valuetronics

168,822,498

129,796,002

76.88

39,026,496

23.12

Employees Share Option

Scheme and the Valuetronics

Performance Share Plan

Ordinary Resolution 8

Renewal of Share Buyback

167,598,498

167,573,498

99.99

25,000

0.01

Mandate

N/M - Not meaningful

Note:

1. Mr Ong Tiew Siam ("Mr Ong"), who was re-elected as a Director of the Company at the AGM, remains as the Lead Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee. The Board considers Mr Ong to be independent for the purposes of Rule 210(5)(d) and Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited.

1. Abstention from voting
   No party was required to abstain from voting on any of the above-mentioned resolutions.

1. Scrutineer
   Finova BPO Pte. Ltd. was appointed as scrutineer for the AGM.

By Order of the Board

Tse Chong Hing

Chairman & Managing Director

26 July 2021