We refer to the announcement dated 24 December 2020 in relation to the Proposed Acquisition. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcement.

Reference is made to the announcements dated 24 December 2020, 27 January 2021 and 5 February 2021 in relation to the Proposed Acquisition.

The Board of Directors of Wegmans wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 9 February 2021, approved the listing and quotation of up to 50,030,800 new ordinary shares in Wegmans to be issued pursuant to the Proposed Acquisition on the Main Market of Bursa Securities.

The approval by Bursa Securities is subject to the following conditions:

(i) Wegmans and RHB Investment Bank Berhad ("RHBIB"), being the Manager for the Proposed Acquisition must fully comply with the relevant provisions under the Main Market Listing Requirements at all times pertaining to the implementation of the Proposed Acquisition;

(ii) Wegmans and RHBIB are required to inform Bursa Securities upon completion of the Proposed Aquisition;

(iii) Wegmans is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Acquisition is completed; and

(iv) In the event the Proposed Acquisition is not completed before the next Annual General Meeting, Wegmans is required to furnish a certified true copy of the resolution passed by Wegmans's shareholders for a general mandate under Sections 75 and 76 of the Companies Act 2016 at Wegmans's forthcoming Annual General Meeting.

This announcement is dated 9 February 2021.