ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF NATIONGATE HOLDINGS BERHAD ("NATGATE")("NATGATE-CW ") PURSUANT TO THE SPECIAL SINGLE TIER DIVIDEND OF RM0.0100 PER SHARE IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2025.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Adjustment" as from: 02 Apr 2026
2) The last date of lodgment : 03 Apr 2026

Remarks :

We refer to NATGATE's announcement dated 16 March 2026 in relation to Special Single Tier Dividend of 1.0 per share in respect of the financial year ended 31 December 2025. ("Special Dividend"). 
In accordance with the Third Schedule of the Deed Poll dated 28 March 2025, the terms and conditions of NATGATE-CW will be adjusted accordingly as follow:
1. Adjusted Exercise Ratio = E x [(P - D) / P]
2. Adjusted Exercise Price = X x [(P - D) / P]
whereby: 
D = RM0.0100, being the Special Dividend per one NATGATE Share held. 
P = Closing price of NATGATE on the last market day on which NATGATE is traded on cum-entitlement basis. 
E : 4, being the existing Exercise Ratio of NATGATE-CW immediately prior to the Special Dividend 
X : RM2.08, being the existing Exercise Price of NATGATE-CW immediately prior to the Special Dividend.

Please note the Exercise Price and Exercise Ratio shall only be adjusted if the adjustment would result in greater than or equal to two percent (2%) of the Exercise Price and Exercise Ratio being changed.

For avoidance of doubt, reference should be made to the Base Prospectus dated 11 April 2025 and the terms and conditions therein shall prevail.