(The definitions used in this announcement shall have the same meanings as that used in the announcement dated 9 October 2020 unless stated otherwise.)

Reference is made to the announcement dated 9 October 2020 in relation to the Collaboration Agreement between DGB Networks and GEM Pay.

The Board of Directors of DGB (“Board”) wishes to announce that DGB Networks will get a supply of up to 1,000 units of contactless payment terminals to aid cashless and e-wallet payment solutions from GEM Pay gradually and according to the deployment of smart vending machines.

The statement of the “getting supply” means purchase. The estimated purchase consideration for up to 1,000 units of the contactless payment terminals is RM700,000.00.

This announcement is dated 14 October 2020.