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ESOS

Globetronics Technology Bhd (“GTB”). ESOS. Globetronics Technology Bhd (“GTB”) Employee Share Option Scheme 3 (“ESOS 3”). Agenda Rationale of ESOS By-Laws & Guidelines of ESOS Duration of ESOS Eligibility Basis of Allotment Option Price Exercise of Option Offer & Acceptance of offer

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ESOS

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  1. Globetronics Technology Bhd (“GTB”) ESOS

  2. Globetronics Technology Bhd (“GTB”)Employee Share Option Scheme 3 (“ESOS 3”) Agenda • Rationale of ESOS • By-Laws & Guidelines of ESOS • Duration of ESOS • Eligibility • Basis of Allotment • Option Price • Exercise of Option • Offer & Acceptance of offer • Cessation of Employment • Non Transferability of Options • No retention of shares • Flow Chart For Offer & Exercising Options • Action Required From You • Frequently Asked Question

  3. 1. Rationale Of ESOS 3 • To align long term interests of employees with those of GTB Group and to encourage employees to assume greater responsibility for the better performance of GTB Group • Motivate employees towards strategic business objectives • Allow employees to participate in equity stake of Company and future growth of GTB Group • Make total compensation package competitive to attract, retain and motivate high caliber individuals.

  4. By-Laws & Guidelines of ESOS 3 • Duration Of ESOS 3 • 5 years Scheme effective 13 April 2009 • expiry on 12 April 2014

  5. By-Laws & Guidelines of ESOS 3 B. Eligibility Any natural person who on Date Of Offer :- • is at least 18 years of age; • full time employment & on the payrollof any company comprised in the Group ( exclude foreign subsidiaries); • includes Malaysian expatriates serving in overseas subsidiaries; • Employees fromNE1 & Above ( Level 1 & above); and • confirmed& at least 3 full months of continuous service in any company comprised in the Group.

  6. By-Laws & Guidelines of ESOS 3 B. Eligibility (cont’d) • Falls within such other categories and criteria that the Option Committee may from time to time at its absolute discretion determine Note : Confirmed contract workers with at least 1 year service also eligible • Cut off date for Batch 1 : 1 April 2009

  7. By-Laws & Guidelines of ESOS 3 C. Basis Of Allotment • Options are granted to employees based on grade and performance of the eligible employees. • The actual offer to an eligible employee may vary from period to period depending on the individual performance • Note : No option will be offered to an eligible employee who receive UNSATISFACTORY rating

  8. By-Laws & Guidelines of ESOS 3 D. Option Price • based on the 5 day weighted average market price of the GTB shares at the time of the Offer • The offer date is fixed on Apr 13 2009 and the offer price at RM 0.51

  9. By-Laws & Guidelines of ESOS 3 E. Offer & Acceptance Of Options • No of new shares offered > 100 shares & < maximum allowable allocation • in multiples of 100 shares • Accept by signing on acceptance form and paying RM1 within 30 days of letter of offer date.

  10. By-Laws & Guidelines of ESOS 3 F. Exercise Of Options • Maximum amount of Options granted shall be exercisable : • 100% at the year of allotment • Exercise over the remaining period of ESOS scheme

  11. By-Laws & Guidelines of ESOS 3 F. Exercise Of Options (cont’d) • Options exercisable in year of allotment but not exercised can be carried forward to the subsequent years subject to time limit of the scheme. EgExecutive No of shares allotted 20,000 Will expire 12 April 2014

  12. By-Laws & Guidelines of ESOS 3 F. Exercise Of Options (cont’d) • Minimum 500 shares & in multiple of 100 shares per exercise Eg, 600 shares, 700 shares

  13. By-Laws & Guidelines of ESOS 3 G. Cessation of Employment • unexercised Option will be null and void

  14. By-Laws & Guidelines of ESOS 3 H. Non transferability of Option The Options are : • Non-assignable • Non-transferable • Non-Disposable

  15. By-Laws & Guidelines of ESOS 3 I. No Retention Period of Share • No retention period / restriction on transfer once the Shares has been allotted to a Grantee

  16. Globetronics Technology Bhd (“GTB”)Employee Share Option Scheme 3 (“ESOS 3”)   Agenda • Rationale of ESOS • By-Laws & Guidelines of ESOS • Maximum shares available under the Scheme • Eligibility • Basis of Allotment and Maximum Allowable Allocation • Option Price • Exercise of Option • Offer & Acceptance of offer • Cessation of Employment • Non Transferability of Options • No retention of shares • Flow Chart For Offer & Exercising Options • Action Required • Frequent Asked Question

  17. GMT Portal ESOS - Employee Share Option Scheme The ESOS By-Laws can be viewed on your login screen to the ESOS system under :- E-hrm ESOS

  18. 3. Flow for Offer & Acceptance Letter of Offer distributed to employees Employees return Acceptance Form together with proceeds Of RM 1 ESOS Committee Issues ESOS Certificate to Employees

  19. 3. Flow for Exercising Options Login to e-HRM ESOS. Goto Notice of Exercise and key in exercise details. http://192.168.200.126/esostest • Pls write your name & employee # at the back of the cheque • Finance representative to collect cheque for ESOS : • G2 & G4 Kok Yu (ext 160) • ISO 2 Liew Bee (ext 146) • Jitra Rose (ext 151) • GSB KL & GKL Mei Leng • Your exercise will only be submitted upon clearance of cheque Prepare Cheque/ bank draft payable to “Globetronics Technology Bhd” and pass to Finance Representative Processing by Company Secretary, Share Registrar and Bursa Malaysia Shares alloted to your CDS Account. Check listing status on ESOS system. Average leadtime from exercise to listing ~ 3 weeks

  20. 3. Flow for Exercising Options (Cont’d) • Weekly Submission for listing processing by Corporate Planning Dept - every Monday morning • Cheque - to be submitted to Finance representative must be by before 6pm Wednesday. • Cash – to bank-in into the following account before 4pm Friday. • HSBC Bank Malaysia Berhad • A/c no.: 372-137109-101 • For Company: Globetronics Technology Bhd

  21. 4. Immediate Action From You • To return the signed Acceptance Form & RM 1 to your Department Head • To open Central Depository Accounts (CDS) through stock broking house • Your initial log in for ESOS System would be the same user name and password as e-HRM system for those who already have an e-HRM access. For those who do not have e-HRM access yet, your login for ESOS would be : • User name : Employee Number + Year of Birth (G0XXXXXXXX) • Password : 1234

  22. 4. Immediate Action From You • You are advised to change your password immediately upon login to ESOS System. This can be done under “System Manager”. • Please contact Kok Yu at 819-4160 or Ming Nee at 819-4121 should you have any questions pertaining to ESOS system / overall.

  23. Frequently Asked Question

  24. 4. Frequently Asked Question Q1 : Can I lose money by exercising my options ? A1 : It takes about 3 weeks for the shares to be credited into your CDS account. During that period, the share price is subject to market fluctuations that may make share price drop below your exercise price when you receive your shares in your CDS account.

  25. 4. Frequently Asked Question Q2 : How do I open a CDS account and what are the documents needed ? A2 : You have to go to a stockbroking firm / remisier to open up an account with them. They will require your I.C and probably some income supporting documents like payslips / bank statements. You may contact the following person if you wish to open a CDS account and do not have any contacts : Name : Chin Wai Thoa (OSK Securities) Contact : 012-474 1668 or 019-477 1668 Office : 640-4868

  26. 4. Frequently Asked Question Q3 : What do I do after the shares are credited into my CDS account ? A3 : Once credited, you have to decide when you want to sell your shares and call your broker / remisier to sell them for you. A cheque will be issued to you by your remisier 3 days after you have sold your shares.

  27. Q & A

  28. THANK YOU

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