PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME ("ESOS") OF UP TO 2% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME DURING THE TENURE OF THE EMPLOYEES' SHARE OPTION SCHEME ("ESOS OPTIONS") TO THE ELIGIBLE DIRECTORS (EXCLUDING NON-EXECUTIVE DIRECTORS) AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) ("PROPOSED ESOS")

PROPOSED ALLOCATION OF ESOS OPTIONS TO LYNDON ALFRED FELIX, THE CHIEF EXECUTIVE OFFICER OF WCE UNDER THE PROPOSED ESOS ("PROPOSED ALLOCATION")