Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 85

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 6
Chunk 85
---
 director may vote in respect of any contract, proposed contract, or arrangement notwithstanding that he may be interested
therein, and if he does so his vote shall be counted and he may be counted in the quorum at any meeting of our directors at which any
such contract or proposed contract or arrangement is considered. Our board of directors may exercise all the powers of our Company to
borrow money, mortgage or charge its undertaking, property and uncalled capital, and to issue debentures, bonds and other securities whenever
money is borrowed or as security for any debt, liability or obligation of the company or of any third party.

The functions and powers of our board of directors
include, among others:

  convening shareholders’ annual general meetings and reporting its work to shareholders at such meetings;          
  declaring dividends and distributions;                                                                            
  appointing officers and determining the term of office of officers;                                               
  exercising the borrowing powers of our Company and mortgaging the property of our Company; and                    
  approving the transfer of shares of our Company, including the registering of such shares in our share register.  

Terms of
Directors and Officers

Our officers are elected by and serve at the discretion
of our board of directors. Our directors are not subject to a term of office and hold office until such time as they are removed from
office by ordinary resolution of the shareholders or by the board of directors. A director will be removed from office automatically if,
among other thing, the director (i) dies; (ii) becomes bankrupt or makes any arrangement or composition with his creditors generally;
(iii) is found to be or becomes of unsound mind; (iv) resigns his office by notice in writing to our Company; (v) is prohibited
by law from being a director; and (vi) is removed from the office pursuant to any other provisions of our memorandum of association
and articles of association.

Employment
and Indemnification Agreements

We have entered into an employment agreement with
each of our executive officers. Our executive officers are employed for a specified time period, which will be automatically extended
unless either we or the executive officers give prior notice to terminate such employment. We are able to terminate the employment for
cause, at any time, without notice or remuneration, for certain acts of the executive officer, including but not limited to the commitments
of any serious or persistent breach or non-observance of the terms and conditions of the employment, conviction of a criminal offense