Item 5.07Item 5.07 - Submission of Matters to Vote
Item Submission
5.07. of Matters to a Vote of Security Holders.
On
August 19, 2026, RF Acquisition Corp II, a Cayman Islands exempted company with limited liability (“ RFAC ”),
held an extraordinary general meeting of shareholders (the “ Extraordinary General Meeting ”)
in connection with the proposed business combination (the “ Business Combination ”)
described in (i) the business combination agreement, dated as of October 2, 2025 (as may be amended, supplemented or otherwise modified
from time to time, the “ Business Combination Agreement ”), by and among
RFAC, NYB Holdings Limited, a Cayman Islands exempted company with limited liability (“ PubCo ”),
NYB Pte. Ltd., a Singapore private company limited by shares and a direct wholly-owned subsidiary of PubCo (“ Amalgamation
Sub ”), and Nanyang Biologics Pte. Ltd. (the “ Target Company ”),
and (ii) RFAC’s definitive proxy statement/prospectus filed with the Securities and Exchange Commission on July 27, 2026 (the “ Definitive
Proxy Statement/Prospectus ”) and mailed to RFAC shareholders on or about July 28, 2026.
Each
proposal (individually a “ Proposal ” and, collectively, the “ Proposals ”)
voted upon at the Extraordinary General Meeting and the voting results are set forth below. Each Proposal voted on at the Extraordinary
General Meeting is described in detail in the Definitive Proxy Statement/Prospectus.
As
of the close of business on May 20, 2026, the record date for the Extraordinary General Meeting, there were 8,343,765 RFAC Ordinary Shares
issued and outstanding and entitled to vote at the Extraordinary General Meeting.
A
total of 7,206,188 shares, representing approximately 86.36% of the shares entitled to vote, was present in person or
by proxy at the Extraordinary General Meeting, constituting a quorum. Capitalized terms used herein that are not otherwise defined
have the meaning set forth in the Definitive Proxy Statement/Prospectus.
Proposal
No. 1 - Business Combination Proposal
To
consider and vote upon a proposal (a) to approve and adopt the Business Combination Agreement and (b) to adopt and approve the Transactions
and Business Combination contemplated thereby, including, among other things, (i) the merger of RFAC with and into PubCo, with PubCo
being the surviving company, and (ii) the amalgamation of Amalgamation Sub and the Target Company, with the Target Company being the
surviving entity and becoming a wholly-owned subsidiary of PubCo. The Business Combination Proposal received the following votes:
For Against Abstain
───────────────────────────────────────
6,765,584 440,604 0
Proposal
No. 2 - The Merger Proposal
To
consider and vote upon a proposal to approve, by special resolution, the merger by and between RFAC and PubCo, whereby RFAC will merge
with and into PubCo with PubCo being the surviving company. The Merger Proposal received the following votes:
For Against Abstain
───────────────────────────────────────
6,765,584 440,604 0
Proposal
No. 3 - The Advisory Governance Proposals
To
consider and vote upon three separate proposals to approve, on a non-binding advisory basis, certain governance provisions in the amended
and restated memorandum and articles of association of PubCo upon completion of the Business Combination, specifically the following
subproposals:
3A. To
consider and vote upon the governance provision in the PubCo Charter providing that the authorized share capital of PubCo will be
US$60,000 divided into 500,000,000 ordinary shares with a par value of US$0.0001 per share and 100,000,000 preference shares with
a par value of US$0.0001 per share; the votes were as follows:
For Against Abstain
───────────────────────────────────────
6,765,584 440,604 0
3B. To
consider and vote upon the governance provision in the PubCo Charter removing any blank check company provisions; the votes were
as follows:
For Against Abstain
───────────────────────────────────────
6,765,584 440,604 0
3C. To
consider and vote upon the governance provision in the PubCo Charter permitting any director to be removed by an ordinary resolution
passed by the shareholders of PubCo or by a resolution passed by not less than three-fifths of the directors at a meeting of the
directors duly convened and held in accordance with the PubCo Charter or by a resolution in writing signed by not less than three-fifths
of the directors, and may otherwise cease to hold office in any other manner provided for in the PubCo Charter; the votes were as
follows:
─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
For Against Abstain
───────────────────────────────────────
6,765,584 440,604 0
Proposal
No. 4 - The Nasdaq Proposal
To
consider and vote upon a proposal to approve, for purposes of complying with Nasdaq Listing Rules 5635(a) and (b), the issuance of PubCo
Ordinary Shares in connection with the Business Combination. The Nasdaq Proposal received the following votes:
For Against Abstain
───────────────────────────────────────
6,765,584 440,604 0
Proposal
No. 5 - The Incentive Plan Proposal
To
consider and vote upon a proposal to approve and adopt the NYB Holdings Limited Equity Incentive Plan and the material terms thereunder.
The Incentive Plan Proposal received the following votes:
For Against Abstain
───────────────────────────────────────
6,765,584 440,604 0
Proposal
No. 6 - The Adjournment Proposal
To
consider and approve, if presented, a proposal to adjourn the Extraordinary General Meeting to a later date or dates in the event that
there are insufficient votes for, or otherwise in connection with, approval of one or more Proposals. The Adjournment Proposal received
the following votes:
For Against Abstain
───────────────────────────────────────
6,765,584 440,604 0