NOTICE IS HEREBY GIVEN that the Regular Annual Meeting of the Stockholders of Seafront Resources Corporation (the “Company”) will be conducted virtually (or via online means of communication) on Thursday, June 23, 2022 at 4:00 PM, with the following agenda:
- Certification of Service of Notice;
- Determination of Quorum/Call to Order;
- Approval of Minutes of the last Regular Stockholders’ Meeting held on June 24, 2021;
- Approval of Management Report and the 2021 Audited Financial Statements contained in the 2021 Annual Report;
- Confirmation and Ratification of all acts, contracts and investments made and entered into by Management and/or the Board of Directors during the period July 27, 2020 to June 24, 2021;
- Election of nine (9) members of the Board of Directors for the year 2022-2023:
- Appointment of External Auditors;
- Other Matters; and
- Adjournment.
Only stockholders of record at close of business on April 25, 2022 shall be entitled to vote at said meeting or any adjournment thereof.
Pursuant to the alternative modes of notice as provided for in the Securities and Exchange Commission’s NOTICE dated April 20, 2020, this notice to Stockholders shall be published in the business section of two (2) newspapers of general circulation, in print and online format, for two (2) consecutive days not later than 21 days before the scheduled meeting. The Information Statement, Management Report, SEC Form 17-A, Minutes of the Annual Stockholders Meeting for the year 2021 and other pertinent meeting documents shall be made available in the Company’s website (www.seafrontresources.com.ph) and via PSE Edge.
To conform with the Government’s regulation on social distancing and prohibition on mass gatherings, and as allowed under the Company’s Amended By-Laws, the Regular Annual Meeting shall be held virtually or via online/remote communication. The stockholders shall be allowed to cast their votes by proxy, or by remote communication, or in absentia pursuant to Section 49 of the Revised Corporation Code of the Philippines and SEC Memorandum Circular No. 6-2020.
To participate in the Annual Meeting, stockholders must register from 9:00 a.m. of June 02, 2022 until 5:00 p.m. of June 13, 2022 throughthe following link: http://seafrontresources.com.ph/investor_relations and follow the steps provided therein. The procedures for participation via remote communication and in absentia can be found in the said link. Please see Annex “B” of the Information Statement.
Stockholders who wish to appoint proxies may submit proxy forms until 5:00 p.m. of June 13, 2022 to the Office of Corporate Secretary at 7th Floor, JMT Building, ADB Ave., Ortigas Center, Pasig City or by email to [email protected]. Validation of proxies will be held on June 14, 2022. A sample proxy form will be enclosed in the Information Statement for your convenience.
