PROPOSED DIVERSIFICATION OF THE BUSINESS OF FINTEC GLOBAL BERHAD ("FINTEC") AND ITS SUBSIDIARIES TO INCLUDE THE MANUFACTURING AND SALE OF RUBBER GLOVES

PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,981,187,966 NEW ORDINARY SHARES IN THE COMPANY ("FINTEC SHARES" OR "SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 1,584,950,372 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 5 RIGHTS SHARES TOGETHER WITH 4 FREE WARRANTS C FOR EVERY 5 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ("ENTITLED SHAREHOLDERS") ON AN ENTITLEMENT DATE TO BE DETERMINED ("ENTITLEMENT DATE")

PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTIONS SCHEME ("ESOS" OR "SCHEME") INVOLVING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES ("GROUP")