On behalf of the Board of Directors of P.A. Resources Berhad ("PA" or "the Company"), we are pleased to announce that at the Extraordinary General Meeting ("EGM") of PA held on 17 December 2020, the shareholders of PA had approved all the resolutions referred to in the Notice of EGM dated 25 November 2020 except for Special Resolution 2 which had been withdrawn.

Special Resolution 2 in respect of the approval of proposed allocation of ESOS of Dato' Ng Tong Hai was withdrawn as Dato' Ng Tong Hai had earlier at the 15th AGM of the Company, expressed his decision of not seeking for re-election as a Director of the Company, and hence, Dato’ Ng Tong Hai has retired at the conclusion of the 15th AGM of the Company.

All the resolutions were determined by way of poll and the results of the poll were validated by Boardroom Corporate ServicesSdn Bhd, the Independent Scrutineer appointed by the Company.

Details of the results of the polling in respect of all the resolutions at the EGMare set out below.

This announcement is dated on 17 December 2020.

Proposed Share Consolidation of Every 2 Existing Ordinary Shares in P.A. Resources Berhad ("PARB") ("PARB Share(s)" or "Share(s)") into 1 Consolidated Share

Proposed Establishment of an Employees' Share Option Scheme ("ESOS") of up to 15% of the Total Number of Issued Shares of PARB (Excluding Treasury Shares, if any) at any point in Time Over the Duration of the ESOS for the Eligible Directors and Employees of PARB and its Subsidiaries (Excluding Dormant Subsidiaries)

Proposed Allocation of ESOS Options to Dato' Ng Tong Hai, the Director of PARB

Proposed Allocation of ESOS Options to Datuk Seri Lau Kuan Kam, the Director of PARB

Proposed Allocation of ESOS Options to Mr. Wong Chee Heng, the Director of PARB

Proposed Allocation of ESOS Options to Mr. Yap Fatt Lam, the Director of PARB

Proposed Allocation of ESOS Options to Mr. Hoe Thiam Soon, the Director of PARB

Proposed Allocation of ESOS Options to Dato' Wang Sze Yao @ Wang Ming Way, the Director of PARB