TH Plantations Berhad ("THP" or "the Company") wishes to announce that the outcome of the Company's 50th Annual General Meeting ("50th AGM") held on a virtual basis through live streaming from the Broadcast Venue today, 6 May 2024 at 10.00 a.m. are as follows:

1. The Audited Financial Statements of the Company and Group for the financial year ended 31 December 2023 together with Reports of the Directors and Auditors thereon under Agenda 1 of the Notice of the 50th AGMwere tabled and duly received at the 50th AGM of the Company.

2. The Company hadbeen informed byHaji Bakri bin Jamaluddin that he was not seeking forre-election as a Director of the Company. Accordingly, the Ordinary Resolution No. 2 waswithdrawn from the Notice of the 50th AGM. Hence,Haji Bakri bin Jamaluddin retired as a Director immediately after the conclusion of the 50th AGM of the Company.

3. With the withdrawalof Ordinary Resolution No. 2, only eight (8) ordinary resolutions insteadof nine (9) weretabled at the 50th AGM of the Company. All eight (8) ordinary resolutions were duly passed by the shareholders.

Please be informed that the voting ofeight (8) resolutions tabled at the 50th AGM of the Company werecarried out by e-polling in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and through the Remote Participation and Electronic Voting ("RPEV") facilities. The results of the e-polling werevalidated by Mega Corporate Services Sdn. Bhd., the Independent Scrutineers appointed by the Company.

The details of the e-polling results are set out below:

TO APPROVE THE PAYMENT OF DIRECTORS' FEES AND BENEFITS PAYABLE OF UP TO RM1.2 MILLION FOR THE PERIOD FROM 7 MAY 2024 UNTIL THE NEXT ANNUAL GENERAL MEETING OF THE COMPANY TO BE HELD IN MAY 2025

TO RE-ELECT HAJI BAKRI BIN JAMALUDDIN AS A DIRECTOR

TO RE-ELECT SYED HAMADAH BIN SYED OTHMAN AS A DIRECTOR

TO RE-ELECT DR. NURMAZILAH BINTI DATO' MAHZAN AS A DIRECTOR

TO RE-ELECT DR. SHAHRIL BIN SIMON AS A DIRECTOR

TO RE-ELECT KASMURI BIN SUKARDI AS A DIRECTOR

TO RE-ELECT FAHDA NUR BINTI AHMAD KAMAR AS A DIRECTOR

TO RE-APPOINT MESSRS. KPMG PLT AS AUDITORS OF THE COMPANY AND TO AUTHORISE THE BOARD OF DIRECTORS TO DETERMINE THE AUDITORS' REMUNERATION

TO APPROVE THE PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR EXISTING RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPTs")