The Board of Directors of i-Stone Group Berhad ("the Company")is pleased to announce that all of the resolutions tabled at the Second Annual General Meeting ("AGM") held on 19 August 2020 were duly passed by the shareholders of the Company, except for Resolution 1 onre-election of Dato' Azman Bin Mahmood who is retiring as Director pursuant to Article 131 of the Constitution of the Company. The said resolution had been withdrawn as Dato' Azman Bin Mahmood had given notice to the Company that he did not wish to seek for re-election as Director and has retired as a Director of the Company upon the conclusion of the AGM.

All of the resolutions except for Resolution 1 were voted by poll and the results were validated by NeedsBridge Advisory Sdn. Bhd., the Independent Scrutineer appointed by the Company. Details of the results of the polling are set out below.

This announcement is dated 19 August2020.

To re-elect Dato' Azman Bin Mahmood as a Director who is retiring pursuant to Article 131 of the Constitution of the Company.

To re-elect Mr. Chia Gek Liang as a Director who is retiring pursuant to Article 131 of the Constitution of the Company.

To approve the payment of Directors fees of up to RM216,000.00 and benefits of up to RM14,000.00 from this Annual General Meeting until the next Annual General Meeting of the Company.

To appoint Messrs. RSM Malaysia as Auditors of the Company in place of the retiring auditors, Messrs. Ecovis Malaysia PLT and to authorise the Directors to fix their remuneration.

To approve the proposed authority for Directors to allot and issue shares pursuant to Section 75 and Section 76 of the Companies Act 2016