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bh global marine LIMITED

ANNUAL REPORT 2012

Explanatory Notes:-

1. Mr David Chia Tian Bin will, upon re-election as Director of the Company, continue to serve as a member of the Audit Committee

and will be considered independent for the purposes of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities

Trading Limited.

2. The proposed Ordinary Resolution 7, if passed, will empower the Directors from the date of the Annual General Meeting until the

date of the next Annual General Meeting, to allot and issue Shares and convertible securities in the Company up to an amount not

exceeding ffty per centum (50%) of the total number of issued Shares (excluding treasury shares) in the capital of the Company,

of which up to twenty per centum (20%) may be issued other than on a pro-rata basis. For the purpose of this resolution, the

total number of issued Shares (excluding treasury shares) is based on the Company’s total number of issued Shares (excluding

treasury shares) at the time this proposed Ordinary Resolution is passed after adjusting for new Shares arising from the conversion

or exercise of convertible securities, the exercise of share options or the vesting of share awards outstanding or subsisting at the

time when this proposed Ordinary Resolution is passed and any subsequent bonus issue, consolidation or subdivision of Shares.

3. The proposed Ordinary Resolution 8, if passed, will empower the Directors of the Company, to allot and issue Shares in the

Company of up to a number not exceeding in total ffteen per centum (15%) of the total number of issued Shares (excluding

treasury shares) in the share capital of the Company from time to time pursuant to the grant of share awards under the BH Global

Performance Share Plan.

Notes:-

1. A member of the Company entitled to attend and vote at the Meeting is entitled to appoint not more than two proxies in his/her

stead.

2. A proxy need not be a member of the Company.

3. If the appointor is a corporation, the instrument appointing a proxy must be executed under seal or the hand of its duly authorised

offcer or attorney.

4. The instrument appointing a proxy must be deposited at the registered offce of the Company at 8 Penjuru Lane, Singapore

609189 not later than 48 hours before the time appointed for the Meeting.

NOTICE OF ANNUAL GENERAL MEETING

(CONT’D)