KAB: CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARES SCHEME ("ESS" OR "SCHEME") OF UP TO 5% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN KAB (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME DURING THE TENURE OF THE SCHEME, FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF KAB AND ITS SUBSIDIARIES ("KAB GROUP") (EXCLUDING DORMANT SUBSIDIARIES) ("PROPOSED ESS"); AND (II) PROPOSED ALLOCATION OF AWARDS TO THE ELIGIBLE DIRECTORS, MAJOR SHAREHOLDERS WHO ARE EMPLOYEES OF KAB GROUP AND/OR PERSONS CONNECTED WITH THEM PURSUANT TO THE PROPOSED ESS ("PROPOSED ALLOCATIONS") (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")