The Board of Directors of Brem Holding Berhad ("Brem" or "the Company") wishes to announce that the Company intends to seek shareholders’ approval at the forthcoming 39th Annual General Meeting ("AGM") to be convened for the following:

a) Proposed renewal of existing shareholders’ mandate for recurrent related party transactions of a revenue or trading nature; and

b) Proposed renewal of authority for share buy-back.

(collectively known as "the Proposals").

 A Circular to Shareholders setting out the details of the Proposals will be despatched to the shareholders of the Company in due course.

This announcement is dated 19 August 2020.