notes to the financial statements - Investor Relations

CWT Limited
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CORPORATE GOVERNANCE
SHAREHOLDER RIGHTS AND RESPONSIBILITIES
Shareholders’ Rights (Principle 14)
CWT fully supports and encourages shareholder participation at AGMs. All shareholders of the Company receive the annual report
and notice of AGM in advance of the AGMs. The notice is also advertised in newspapers and made available on the Company’s
website.
CWT ensures that shareholders have the opportunity to participate effectively in and vote at AGMs. Shareholders are informed of the
rules that govern general meetings of shareholders.
While CWT does not have a specific limit in the Articles on the number of proxy votes for nominee companies, there is a limit for the
number of proxies. This is because CWT does not want to create separate classes of rights in shareholders. Also, under current law,
on a show of hands, only one vote is counted.
Communication with Shareholders (Principle 15)
CWT is committed to maintaining high standards of disclosure and corporate transparency. The Company strives to convey to
shareholders pertinent information in a clear, forthcoming, detailed, timely manner and on a regular basis, and take into consideration
their views and inputs, and address shareholders’ concerns.
The Company also monitors the dissemination of material information to ensure that it is made publicly available on a timely and
non-selective basis.
All financial results are made available to the public and all shareholders by publishing it through the SGXNET, and the Company’s
website www.cwtlimited.com. All information on the Company’s new initiatives is first disseminated via SGXNET followed by a news
release, which is also available on the website.
The investor relations section of the Company’s website contains extensive investor-related information on CWT which serves as a
one-stop resource platform for shareholders and investors to gain access to company, financial and stock data, assisting them in
their investment decisions.
The Company does not practise selective disclosure. Results and annual reports are announced or issued within the mandatory
period and are available on the Company’s website.
Conduct of Shareholder Meetings (Principle 16)
At AGMs, shareholders are given the opportunity to air their views and ask Directors or Management questions regarding the
Company. The Articles also allow a shareholder of the Company to appoint one proxy to attend and vote in place of the shareholder.
The Articles presently do not provide for shareholders to vote at AGMs in absentia such as by mail, email or fax to ensure proper
authentication of the identity of shareholders and their voting intent. The Company will consider implementing the relevant amendment
to the Articles if the Board is of the view that there is a demand for the same, and after the Company has evaluated and put in place
the necessary security and other measures to facilitate absentia voting and protect against errors, fraud and other irregularities.