The Board of Directors (the "Board") of IOI Properties Group Berhad (the "Company" ) is pleased to announce that the SeventhAnnual General Meeting ("Seventh AGM") of the Company was held on Wednesday, 6 November 2019and ordinary resolutions 1 to 7and special resolutionset forth in the Notice of the Seventh AGM were duly passed by way of poll.

We also wish to announcethat ordinary resolution 8 on the proposed gratuity has been withdrawnat the start of the Seventh AGM this morning after the Board has received a notification from the estate of the late Tan Sri Dato' Lee Shin Cheng (the "Estate") informing that the Estate has declined to receive the gratuity and as a result thereof, the reason for the said ordinary resolution 8 ceased to exist.

The poll results were subject to scrutiny by the scrutineer, Boardroom Share Registrars Sdn Bhd ("Boardroom"), whose work was limited to certain procedures requested by the Company to agree the poll results summary prepared by the Company. The work performed by Boardroom in this respect did not constitute an audit in accordance with approved auditing standards nor did it include provision of any assurance or advice on matters of legal interpretation or entitlement to vote.

The details of the poll results are set out below.

This announcement is dated 6 November 2019.