The Board of Directors of Aurora Italia International Berhad ("AIIB" or "the Company") wishes to announce that Messrs. AljeffriDean PLT ("Aljeffri") has on 07 December 2020 ("Date of Notice"), given a notice in writing to the Board of Directors of their resignation as Auditors of the Company. The resignation of Aljeffri is voluntary solely due to the firm's intention to withdraw their registration with the Audit Oversight Board and not any other reason. Due to this, Aljeffri is no longer eligible to be appointed as external auditors of public listed companies.

Pursuant to Section 281(2) of the Companies Act 2016, Aljeffri's term of office will end after twenty-one (21) days from 07 December 2020.

Save for the above, the Board of Directors wishes to inform that the Company is not aware of any other matters that need to be brought to the attention of the Shareholders of AIIB.

AIIB is in the midst of identifying new Auditors to be engaged pursuant to Section 271(2)(b) of the Companies Act 2016 subject to the following:-

(a) the end of the resigning Auditors' term of office, which will be twenty-one (21) days from 07 December 2020 under Section 281(2) of the Companies Act 2016; and

(b) AIIB receiving the letter of consent from new Auditors to act as Auditors of the Company.

Further announcement on the engagement of a new Auditors will be made by the Company in due course once the appointment of the new Auditors is finalized.

This announcement is dated 07 December 2020.