We wish to announce that YTL-HH had expired at 9.00 a.m. on 29 January 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:

Cash Settlement Amount
= Number of YTL-HH exercised x (1/Exercise Ratio) x (Exercise Price - Closing Price) 
= Number of YTL-HH exercised x (1/2) x (RM 1.8800 - RM2.2206)
= Number of YTL-HH exercised x RM0.0000 

The Closing Price of RM2.2206 is the average daily volume weighted average price (VWAP) of the ordinary shares of YTL on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The YTL-HH is deemed to have been automatically exercised on the Expiry Date.

As the Cash Settlement Amount is less than Zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised YTL-HH will cease to be valid and all our obligations in respect to YTL-HH shall terminate absolutely.

This announcement is dated 29 January 2026.