We are pleased to announce that the BYD-C36 have expired at 5.00 p.m. on 04 November 2025 ("Expiry Date"). The Cash Settlement Amount shall be an amount in the Settlement Currency (if greater than zero), calculated as follows:

Cash Settlement Amount
= Number of Structured Warrants X (Settlement Price - Exercise Price) X (1/Exercise Ratio) X Settlement Exchange Rate
= Number of Structured Warrants X (HKD 102.8800 - HKD 128.3333) X (1/53.3333) X RM/HKD 0.5398
= Number of Structured Warrants X RM 0.0000

The Settlement Price has been determined at HKD 102.8800, being the average closing price of the BYD Shares on The Stock Exchange of Hong Kong Limited for the five (5) HK Market Days prior to and including the HK Market Day immediately before the Expiry Date.

As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative. Warrantholders will not be entitled to receive any payment of the Cash Settlement Amount.

Terms not defined in this announcement shall have the meanings given to them in the Term Sheet for the warrants and the Base Prospectus.

This announcement is dated 04 November 2025.