Wing Tai : Resolutions Passed at Annual General Meeting Held On 28 October 2020

WING TAI HOLDINGS LIMITED

(UEN: 196300239D)

(Incorporated in the Republic of Singapore)

Resolutions Passed at Annual General Meeting Held On 28 October 2020

Pursuant to Rule 704(16) of the Listing Manual of the Singapore Exchange Securities Trading Limited ("SGX-ST"), Wing Tai Holdings Limited (the "Company") wishes to announce that on a poll vote, all of the resolutions set out in the Notice of Annual General Meeting ("AGM") dated 6 October 2020 were duly approved and passed by the Company's shareholders at the AGM held on 28 October 2020.

The results of the poll on each of the resolutions put to the vote at the AGM are set out below for information:-

Resolution Number and Details	Total Number of	For		Against
	Shares
	Represented by	Number of	Percentage	Number of	Percentage
	Votes For and	Shares	(%)	Shares	(%)
	Against the
	Relevant
	Resolution
Ordinary Resolution 1
Adoption of Directors' Statement	411,459,546	411,406,446	99.99	53,100	0.01
and Audited Financial Statements
Ordinary Resolution 2
Declaration of First and Final Tax-	412,322,946	412,269,846	99.99	53,100	0.01
exempt (one-tier) Dividend
Ordinary Resolution 3
Approval of Directors' fees	412,261,646	412,208,546	99.99	53,100	0.01
Ordinary Resolution 4
Re-election of Mr Cheng Man Tak	412,322,946	411,511,782	99.80	811,164	0.20
Ordinary Resolution 5
Re-election of Mr Guy Daniel	412,322,946	411,627,321	99.83	695,625	0.17
Harvey-Samuel
Ordinary Resolution 6
Re-election of Tan Sri Dr	412,322,946	411,687,682	99.85	635,264	0.15
Zulkurnain Bin Hj. Awang
Ordinary Resolution 7
Re-election of Mr Eric Ang Teik Lim	412,322,946	410,901,935	99.66	1,421,011	0.34
Ordinary Resolution 8
Re-appointment of	412,322,946	411,448,982	99.79	873,964	0.21
PricewaterhouseCoopers LLP as
auditors

Resolution Number and Details	Total Number of	For		Against
	Shares
	Represented by	Number of	Percentage	Number of	Percentage
	Votes For and	Shares	(%)	Shares	(%)
	Against the
	Relevant
	Resolution
Ordinary Resolution 9
Authority for Directors to allot and	412,322,946	374,577,774	90.85	37,745,172	9.15
issue shares and convertible
securities
Ordinary Resolution 10
Authority for Directors to grant
awards pursuant to the
Performance Share Plan 2018 and
the Restricted Share Plan 2018,
and to allot and issue shares,	408,188,376	368,449,311	90.26	39,739,065	9.74
pursuant to the Performance Share
Plan 2008, the Restricted Share
Plan 2008, the Performance Share
Plan 2018 and the Restricted Share
Plan 2018
Ordinary Resolution 11
Renewal of Share Purchase	412,261,646	411,867,923	99.90	393,723	0.10

Mandate

Details of parties who are required to abstain from voting on any resolution(s)

Ms Tan Hwee Bin, an executive Director of the Company who holds 2,273,935 ordinary shares in the Company, had abstained from voting on Resolution 10.

Name of firm and/or person appointed as scrutineer

T S Tay Public Accounting Corporation was appointed as the scrutineer for the AGM.

BY ORDER OF THE BOARD

Gabrielle Tan

Company Secretary

28 October 2020