The Board of Directors of Borneo Oil Berhad is pleased to announce that the shareholders of the Company had at the Extraordinary General Meeting of the Company held on 31st July 2017 approved all the rsolutions in relation to the Proposed establishment of a new Employees' Share Option Scheme as prescribed in the Notice of the Extraordinary General Meeting contained in the Circular to Shareholders dated 7th July 2017.

The voting in respect of all the resolutions was carried out by way of poll, results of which have been validated by Leou Associates PLT, being the independent scrutineer appointed by the Company.

Details of the results of the polling in respect of all the resolutions at the Extraordinary General Meeting is attached herewith.

This announcement is dated 31st July 2017.