DBS to hold adjourned 21st Annual General Meeting by electronic means on 30 April 2020

Singapore, 15 Apr 2020 - The Covid-19 (Temporary Measures) Act 2020 which was gazetted on 13 April 2020 and deemed to have come into operation on 27 March 2020, has set out alternative arrangements for companies in Singapore to conduct general meetings by electronic means.

In view of the foregoing, DBS Group Holdings announced today that the adjourned 21st Annual General Meeting (Adjourned AGM) will be held by electronic means at 2.30pm on 30 April 2020 to transact the business set out in the original Notice of AGM dated 9 March 2020. The proceedings of the Adjourned AGM will be conducted by DBS’ Board Chairman, Mr Peter Seah, and Group Chief Executive Officer, Mr Piyush Gupta.

Due to the ongoing circuit breaker measures, DBS shareholders will not be able to attend the Adjourned AGM in person.

Shareholders may participate at the Adjourned AGM by:

1. observing and/or listening to the proceedings via a live audio-visual webcast or an audio-only stream (pre-registration and authentication required);
2. submitting questions in advance of the Adjourned AGM; and
3. appointing the Chairman of the Meeting as proxy to attend, speak and vote on their behalf at the Adjourned AGM.

(Details of the steps for pre-registration, pre-submission of questions and voting at the Adjourned AGM are set out in the Appendix on our corporate page at https://www.dbs.com/investors/agm2020.page.)

The proposed final one-tier tax exempt dividend for the financial year ended 31 December 2019 of 33 cents for every ordinary share, if approved by shareholders at the Adjourned AGM, will be paid on 26 May 2020.

Shareholders who previously pre-registered for the live webcast

Shareholders who had already pre-registered to observe and/ or listen to the AGM proceedings through the live webcast on or prior to 26 March 2020 (being the date the deferral of the original AGM scheduled for 31 March 2020 was announced), do not have to pre-register again.

If they are verified as shareholders as at 2.30pm on 27 April 2020, their registrations will betreated as valid and they will receive an email with their user ID and password details, as well as the link to access the live audio-visual webcast and toll-free telephone number to access the live audio-only stream by 12pm on 29 April 2020.

Shareholders who previously submitted proxy forms

Shareholders who had submitted valid proxy forms for the AGM previously do not have to submit proxy forms again provided that they had indicated in their proxy forms how they wished to vote for or vote against or abstain from voting on each resolution; and they do not withdraw the proxy form.

Withdrawal of proxy form

A shareholder may withdraw a proxy form which had previously been submitted by sending anemail to the Company’s Share Registrar at [email protected] by 2.30pm on 27 April 2020.

Persons who hold shares through relevant intermediaries

Persons who hold shares through relevant intermediaries, including CPF and SRS investors, and who wish to participate in the AGM should contact the relevant intermediary (which would include, in the case of CPF and SRS investors, their respective CPF Agent Banks and SRS Operators) through which they hold such shares as soon as possible in order to make the necessary arrangements to participate in the AGM.

Key dates/deadlines

The key dates/ deadlines which shareholders should take note of are set out in thetable below:

Key dates	Actions
5pm on 20 April 2020 (Monday)	Deadline for CPF or SRS investors who wish to appoint the Chairman of the Meeting as proxy to approach their respective CPF Agent Banks or SRS Operators to submit their votes.
2.30pm on 27 April 2020 (Monday)	Deadline for shareholders to:  • pre-register here for live audio-visual webcast/live audio-only stream of the AGM proceedings;  • submit questions in advance; and • submit proxy forms.
12pm on 29 April 2020 (Wednesday)	Authenticated shareholders will receive an email which will contain user ID and password details, as well as the link to access the live audio-visual webcast and a toll-free telephone number to access the live audio-only stream of the AGM proceedings Shareholders who do not receive the confirmation email by 12pm on 29 April 2020, but have registered by the 27 April 2020 deadline should contact our Share Registrar, Tricor Barbinder Share Registration Services (a division of Tricor Singapore Pte. Ltd.) at (65) 6236 3550 or (65) 6236 3555.
Date and time of AGM 2.30pm on 30 April 2020 (Thursday)	• Click on the link in the confirmation email and enter the user ID and password to access the live audio-visual webcast of the AGM proceedings; or • Call the toll-free telephone number in the confirmation email to access the live audio-only stream of the AGM proceedings.

For more information, shareholders can refer to the FAQs on our corporate website at https://www.dbs.com/investors/agm2020.page or call the following hotline numbers:

Group Secretariat	(65) 6878 1930 (65) 6878 5912 (65) 6878 3523 (65) 6878 5304
Investor Relations	(65) 9459 4799 (65) 9489 5317
Group Strategic Marketing and Communications	(65) 6682 8133

Due to the constantly evolving Covid-19 situation in Singapore, we may be required to change our arrangements for the AGM at short notice. Shareholders are encouraged to check our corporate website at https://www.dbs.com/investors/agm2020.page for the latest updates.




About DBS
DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 11 consecutive years from 2009 to 2019.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 28,000 staff, representing over 40 nationalities. For more information, please visitwww.dbs.com.