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Procedures for Shareholders to Propose a Person for Election as a Director

YORKSHINE HOLDINGS LIMITED (the “Company”)

Procedures for Shareholders to Propose a Person for Election as a Director

According to Article 93 of the Company's Articles of Association, no person other than a Director retiring at the general meeting shall, unless recommended by the Directors for election, be eligible for appointment as a Director at any general meeting unless not less than eleven clear days before the date appointed for the general meeting there shall have been lodged at the Office notice in writing signed by some member (other than the person to be proposed) duly qualified to attend and vote at the general meeting for which such notice is given of his intention to propose such person for election and also notice in writing signed by the person to be proposed of his willingness to be elected, provided that such notice shall be lodged during the period commencing on the day after the despatch of the notice of the general meeting appointed for such election and ending no later than eleven clear days prior to the date of such general meeting. Provided that in the case of a person recommended by the Directors for election not less than nine clear days' notice shall be necessary and notice of each and every candidature for election to the Board shall be served on the members at least seven days prior to the meeting at which the election is to take place.

If a shareholder wishes to propose a person for election as a Director at a general meeting, the shareholder should lodge a written notice of nomination and a notice signed by the person to be proposed of his willingness to be elected at the Company's registered office at 24 Raffles Place, #10-05 Clifford Centre, Singapore 048621. Such notice shall be lodged during the period commencing on the day after the despatch of the notice of the general meeting appointed for such election and ending no later than eleven clear days prior to the date of such general meeting.

The Nominating Committee is mandated to review the structure, size and composition (including the skills, knowledge and experience) of the Board at least annually and make recommendations on any proposed changes to the Board to compliment the Company's corporate strategy. It is also responsible for reviewing the Board composition, developing and formulating the relevant procedures for nomination and appointment of Directors, monitoring the appointment and succession planning of Directors and assessing the independence of independent non-executive Directors.

To enable shareholders to make an informed decision on their election at a general meeting, the names of all candidates submitted for election or re-election as a Director together with his/her biographical details as set out in Rule 13.51(2) of the HK Listing Rules (including other directorships held in listed public companies in the past 3 years and other major appointments) are set out in a circular to be sent to shareholders prior to the meeting.