On behalf of the Board of Directors of RLEB, UOB Kay Hian (M) Sdn Bhd (formerly known as UOB Kay Hian Securities (M) Sdn Bhd) wishes to announce that the Company proposes to undertake the following:-

1. the proposed private placement of up to 38,111,134 new ordinary shares in RLEB ("RLEB Share(s)" or "Share(s)"), representing up to approximately 10% of the total number of issued RLEB Shares, to independent third party investor(s) to be identified, at an issue price to be determined and announced at a later date in accordance with the general mandate pursuant to Sections 75 and 76 of the Companies Act 2016 ("Proposed Private Placement"); and

    

2. the proposed bonus issue of warrants of up to 69,870,413 warrants in RLEB ("Warrant(s) B") on the basis of 1 Warrant B for every existing 6 RLEB Shares held by the shareholders of RLEB whose names appear in the Company's Record of Depositors on the entitlement date to be determined and announced later ("Proposed Bonus Issue of Warrants B").

For the avoidance of doubt, the Proposed Private Placement and Proposed Bonus Issue of Warrants B are not inter-conditional and will be implemented concurrently.

Further details on the Proposals are set out in the attachment below.

This announcement is dated 17 March 2026.