GigaCloud Technology (GCT) AGM 2024 summary

Opening remarks and agenda

• Meeting opened with welcome remarks and instructions for both virtual and in-person participation.

• Zoe Wong introduced as Secretary; Computershare appointed as Inspector of Election.

• Attendees were provided with the agenda and rules of conduct upon registration.

Corporate governance

• Only registered holders of ordinary shares as of April 23, 2024, were entitled to vote.

• Quorum was established with 96,098,712 votes present, exceeding the required one-third threshold.

Shareholder proposals

• Two proposals were presented: amending and restating the Memorandum and Articles of Association, and ratifying KPMG Huazhen LLP as independent auditor for 2024.

• Board recommended approval of both proposals.