EX-99.1 3 tm226617d1_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

Voting Results of Sea Limited’s Annual General Meeting

 

At the annual general meeting of shareholders of Sea Limited (the “Company”) held on February 14, 2022 in Singapore (the “AGM”), the Company’s shareholders approved as a special resolution that the Company’s Eighth Amended and Restated Memorandum and Articles of Association be amended and restated by their deletion in their entirety and by the substitution in their place of the Company’s Ninth Amended and Restated Memorandum and Articles of Association to increase the voting power of each Class B ordinary share from three (3) votes to fifteen (15) votes on all matters subject to vote at general meetings of the Company and to reflect other relevant changes.

 

A total of approximately 555 million ordinary shares of the Company (comprising approximately 407 million Class A ordinary shares, including Class A ordinary shares underlying ADSs, and approximately 148 million Class B ordinary shares), representing approximately 99.7% of the total voting power of the Company’s ordinary shares issued and outstanding as of January 14, 2022, the record date, were present in person or by proxy at the AGM.

 

The results of the votes were as follows:

 

   For   Against 
   Number of
Shares
   % of Total Votes Cast   Number of
Shares
   % of Total Votes Cast 
Class A ordinary shares   312,007,494    36.7%   94,379,331    11.1%
Class B ordinary shares   147,975,703    52.2%   0    0%
Total   459,983,197    88.9%   94,379,331    11.1%