ISEC Healthcare : Alternative Arrangements for the AGM

ISEC HEALTHCARE LTD.

(Company Registration No. 201400185H)

(Incorporated in Singapore on 2 January 2014)

(the "Company")

ANNUAL GENERAL MEETING TO BE HELD ON 22 APRIL 2022

• 1. BACKGROUND

  The board of directors (the "Board") of ISEC Healthcare Ltd. (the "Company") refers to:

  • (a) the Covid-19 (Temporary Measures) Act 2020 passed by Parliament on 7 April 2020 which enables the Minister for Law by order to prescribe alternative arrangements for listed companies in Singapore to, inter alia, conduct general meetings, either wholly or partly, by electronic communication, video conferencing, tele-conferencing or other electronic means;

  • (b) the Covid-19 (Temporary Measures) (Alternative Arrangements for Meetings for Companies, Variable Capital Companies, Business Trusts, Unit Trusts and Debenture Holders) Order 2020 as amended on 14 April 2020, 24 April 2020 and 29 September 2020and from time to time (the "Order"), which sets out the alternative arrangements in respect of, inter alia, general meetings of companies;

  (c)the joint statement by the Accounting and Corporate Regulatory Authority, Monetary Authority of Singapore and Singapore Exchange Regulation of 13 April 2020 (and subsequently updated on 27 April 2020, 22 June 2020 and 1 October 2020) which provides additional guidance on the conduct of general meetings during the period from 27 March 2020 to 30 September 2020 (the "Checklist"); and

  (d) the announcement by the Ministry of Law ("MinLaw") on 6 April 2021 that MinLaw, in consultant with relevant Ministries and agencies, had further extended the duration of legislation that enables entities to hold meetings via electronic means beyond 30 June 2021 (their previous expiry date), until revoked or amended by Ministry of Law.

• 2. DATE, TIME AND CONDUCT OF ANNUAL GENERAL MEETING

  The Board wishes to announce that the Annual General Meeting ("AGM") will be convened and held by way of electronic means on 22 April 2022 at 3.00 p.m. to transact the business set out in the Notice of AGM dated 7 April 2022 (the "Notice of AGM").

• 3. DOCUMENTS

  The relevant documents in connection with the AGM may be accessed at the Company's website at the URLhttp://www.isechealthcare.com,and will also be made available on SGXNet at the URLhttps://www.sgx.com/securities/company-announcements.Printed copies of these documents will not be sent to Shareholders.

• 4. NO PHYSICAL ATTENDANCE AT THE AGM

  Due to the current COVID-19 situation in Singapore, shareholders will not be able to attend the AGM in person. Pursuant to the Order, the Company has the option to hold the meeting via electronic means even where the Company is permitted, under and subject to compliance with the prescribed safe management measures, to hold a physical meeting. As a precautionary

measure to keep physical interactions and COVID-19 transmission risk to a minimum, the Company is not providing for physical attendance by shareholders at the AGM.

As such, alternative arrangements have been put in place to allow shareholders to participate at the AGM by:

• (a) watching the AGM proceedings via "live" webcast or listening to the AGM proceedings via "live" audio feed;

• (b) submitting questions in advance of the AGM; and

• (c) appointing the Chairman of the AGM as proxy to attend, speak and vote on their behalf at the AGM.

Please see paragraph 5 below for these alternative arrangements.

5.

ALTERNATIVE ARRANGEMENTS

The following are the alternative arrangements which have been put in place for the AGM:

(a) "Live" webcast and "live" audio feed

The Company's Chairman, Mr Chong Weng Hoe and the Company's Chief Executive Officer, Dr Wong Jun Shyan will conduct the proceedings of the AGM by way of electronic means. Shareholders will be able to watch these proceedings through a "live" webcast via their mobile phones, tablets or computers or listen to these proceedings through a "live" audio feed via telephone. In order to do so, shareholders must follow these steps:

•

Shareholders who wish to watch the "live" webcast or listen to the "live" audio feed must pre-register from now till 3.00 p.m. on Wednesday, 20 April 2022 ("Registration Deadline"), at the URLhttps://bit.ly/ISECAGM2022.

Following the authentication of the shareholders' status as shareholders, authenticated shareholders will receive email instructions on how to access the webcast and audio feed of the AGM proceedings by 3.00 p.m. on Thursday, 21 April 2022 (the "Confirmation Email").

• • Shareholders who register by the Registration Deadline but do not receive the Confirmation Email by 3.00 p.m. on Thursday, 21 April 2022 should contact the Company's Share Registrar, Boardroom Corporate & Advisory Services Pte Ltd, by telephone at 6536 5355 during Monday to Friday, from 8.30 a.m. to 5.30 p.m. or by email tosrs.teamb@boardroomlimited.com.

(b) Submission of questions in advance

Shareholders may also submit questions related to the resolutions to be tabled for approval at the AGM:

•

All questions must be submitted by 3.00 p.m. on Friday, 15 April 2022;

• - via the pre-registration website at the URLhttps://bit.ly/ISECAGM2022;or

• - in hard copy by sending personally or by post and lodging the same at the registered office of the Company at 101 Thomson Road, #09-04 United Square, Singapore 307591; or

• - by email toisec.agm@gmail.com.

In view of the current COVID-19 situation and the related safe distancing measures which may make it difficult for shareholders to submit questions by post, shareholders are strongly encouraged to submit questions electronically via the pre-registration website or by email.

•

Shareholders will need to identify themselves when posing questions by email or by mail by providing the following details:

• - the shareholder's full name as it appears on his/her/its CDP/SRS share records;

• - the shareholder's NRIC/Passport/UEN number;

• - the shareholder's contact number and email address; and

• - the manner in which the shareholder holds his/her/its shares in the Company (e.g. via CDP or SRS).

Please note that the Company will not be able to answer questions from persons who provide insufficient details to enable the Company to verify his/her/its shareholder status.

•

The Company will address substantial and relevant questions received from shareholders by 3.00 pm on Monday, 18 April 2022 and publish them on the Company's website at the URLhttp://www.isechealthcare.com and on the SGX website at the URLhttps://www.sgx.com/securities/company-announcements.During the AGM itself, the Company will endeavour to address as many substantial and relevant questions related to the Ordinary Resolutions to be tabled at the AGM for approval, which are submitted after 3.00 pm on Friday, 15 April 2022 and have not already been addressed prior to the AGM.

•

The Company will publish the minutes of the AGM on the Company's website and on SGXNet within one month from the date of the AGM, and the minutes will include the responses to substantial and relevant questions from shareholders which are addressed during the AGM.

•

Please note that shareholders will not be able to ask questions at the AGM "live" during the webcast and the audio feed, and therefore it is important for shareholders to submit their questions in advance of the AGM.

(c) Proxy voting

Shareholders will not be able to vote online on the resolutions to be tabled for approval at the AGM.

Instead, if shareholders (whether individual or corporate) wish to exercise their votes, they must submit a proxy form to appoint the Chairman of the AGM to vote on their behalf:

•

Shareholders (whether individual or corporate) appointing the Chairman of the AGM as proxy must give specific instructions as to his manner of voting, or abstentions from voting, in the proxy form, failing which the appointment will be treated as invalid.

•

The proxy form can be submitted to the Company in hard copy form or by email:

• - in hard copy and sent personally or by post, the proxy form must be deposited at the office of the Company's Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd. at 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632; or

• - if by email, the proxy form must be received by the Company atisec.agm@gmail.com.

in either case, by 3.00 p.m. on Wednesday, 20 April 2022, being not less than 48 hours before the time appointed for holding the AGM.

In view of the COVID-19 restrictions orders in Singapore which may make it difficult for shareholders to submit completed Proxy Forms by post, shareholders are strongly encouraged to submit completed Proxy Forms electronically via email.

•

Persons holding shares through the Supplementary Retirement Scheme ("SRS") (SRS investors") who wish to participate in the AGM by (i) observing and/or listening to the AGM proceedings via "live" webcast or "live" audio feed; and (ii) submitting questions in advance of the AGM, should follow the steps for pre-registration and pre-submission of questions set out under paragraphs 5(a) and (b) above. However, SRS investors who wish to appoint the Chairman of the AGM as proxy to attend, speak and vote on their behalf should approach their respective SRS Operators by 3.00 p.m. on Monday, 11 April 2022 to submit their voting instructions.

•

Investors holding shares through relevant intermediaries as defined in Section 181 of the Companies Act 1967 of Singapore (other than SRS investors) who wish to participate in the AGM by (i) observing and/or listening to the AGM proceedings via "live" webcast or "live" audio feed; (ii) submitting questions in advance of the AGM; and/or (iii) appointing the Chairman as proxy to attend, speak and vote on their behalf at the AGM, should contact the relevant intermediary through which they hold such shares as soon as possible in order to make the necessary arrangements for them to participate in the AGM.

•

Shareholders who had submitted their proxy forms, but did not appoint the Chairman of the AGM as their proxy and indicate how they wish to vote on each resolution, on the date of this announcement are required to re-submit their proxy forms to appoint the Chairman of the AGM as their proxy and indicate their votes for the respective resolutions. The resubmitted proxy forms shall supersede any proxy forms submitted earlier.

6.

KEY DATES/DEADLINES

In summary, the key dates/deadlines which shareholders should take note of are set out in the table below:

7.

FURTHER INFORMATION

Shareholders who wish to remotely observe the AGM proceedings are reminded that the AGM is private. The invitation to attend the AGM via audio-visual webcast and audio-only stream is not to be forwarded to anyone who is not a shareholder of the Company or who is not authorised to attend the AGM.

RECORDING OF THE AGM PROCEEDINGS IS STRICTLY PROHIBITED.

Important reminder: Due to the constantly evolving COVID-19 situation in Singapore, the Company may be required to change its AGM arrangements at short notice. Shareholders should check the Company's website at the URLhttp://www.isechealthcare.com and on the SGX website at the URLhttps://www.sgx.com/securities/company-announcements for the latest updates on the status of the AGM.

The Company would like to thank all shareholders for their patience and co-operation in enabling the Company to hold its AGM with the optimum safe distancing measures amid the COVID-19 pandemic.

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