VibroPower : RESULTS OF RESOLUTIONS TABLED AT EXTRAORDINARY GENERAL MEETING OF VIBROPOWER CORPORATION LIMITED HELD ON 9 NOVEMBER 2020

(Company Registration No. 200004436E)

(Incorporated in Singapore)

RESULTS OF RESOLUTIONS TABLED AT EXTRAORDINARY GENERAL MEETING OF VIBROPOWER CORPORATION LIMITED HELD ON 9 NOVEMBER 2020

The Board of Directors of VibroPower Corporation Limited ("the Company") is pleased to announce the results of the resolutions as set out in the Notice of EGM dated 16 October 2020 tabled at the Extraordinary General Meeting ("EGM") of the Company held on 9 November 2020.

The voting results in respect of the resolutions passed at the EGM are as follows:

					FOR		AGAINST
	Resolution number	Total number		Number of		As a		Number of		As a
	and details	of shares		shares		percentage		shares		percentage of
		represented by				of total				total number
		votes for and				number of				of votes
		against the				votes for the				against the
		relevant				resolution				resolution (%)
		resolution				(%)
	Resolution No. 1
	Withdrawal of General	59,802,410		24,486,235		40.95		35,316,175		59.05
	Share Issue Mandate
	Resolution No. 2
	Removal of Mr.	59,802,410		24,486,235		40.95		35,316,175		59.05
	Benedict Chen Onn
	Meng as Executive
	Chairman
	Resolution No. 3
	Removal of Mr. Ernest	59,802,410		24,486,235		40.95		35,316,175		59.05
	Yogarajah s/o
	Balasubramaniam as
	Independent Director

...2/-

(Company Registration No. 200004436E)

(Incorporated in Singapore)

- 2 -

			FOR	AGAINST
Resolution number	Total number	Number of		As a	Number of	As a
and details	of shares	shares		percentage	shares	percentage of
	represented by			of total		total number
	votes for and			number of		of votes
	against the			votes for the		against the
	relevant			resolution		resolution (%)
	resolution			(%)
Resolution No. 4
Removal of Ms. Toh	59,802,410	24,486,235		40.95	35,316,175	59.05
Shih Hua as
Independent Director
Resolution No. 5
Appointment of Mr.	59,802,410	24,486,235		40.95	35,316,175	59.05
Chng Beng Hock as
Executive Director
Resolution No. 6
Appointment of Mr.	59,802,410	24,486,235		40.95	35,316,175	59.05
Jonathan Zhang as
Independent Director
Resolution No. 7
Appointment of Mr.	59,802,410	24,486,235		40.95	35,316,175	59.05
Christopher Huang as
Independent Director

...3/-

(Company Registration No. 200004436E)

(Incorporated in Singapore)

- 2 -

FOR

AGAINST

Resolution number

Total number

Number of

As a

Number of

As a

and details

of shares

shares

percentage

shares

percentage of

represented by

of total

total number

votes for and

number of

of votes

against the

votes for the

against the

relevant

resolution

resolution (%)

resolution

(%)

Resolution No. 8

Removal of any

directors who may

59,572,410

24,486,235

41.10

35,086,175

58.90

have been appointed

between 8 October

2020 and the date of

the EGM

Resolution No. 9

Proposed Share Issue

59,802,410

35,086,175

58.67

24,716,235

41.33

Mandate

Abstention from Voting

There were no parties who were required to abstain from voting on the resolutions.

Scrutineer

Grant Thornton Singapore Pte Ltd was appointed as the Scrutineer for the EGM.

On behalf of the Board of Directors

Mr Benedict Chen Onn Meng

Chief Executive Officer

Date: 9 November 2020