Unless otherwise defined herein, all terms and acronyms used herein shall be the same as those defined in the Company’s previous announcements dated 18 November 2021 onwards in relation to default in payment of Thai Bonds.

Reference is made to the previous announcements dated 18 November 2021, 22 November 2021, 6 December 2021, 10 December 2021, 16 December 2021, 21 December 2021, 29 December 2021, 28 January 2022, 1 March 2022 and 1 April 2022.

The Board of Directors of KNM Group Berhad (the “Company”) wishes to announce that the bilateral discussion with CGIF to fulfill CGIF's demand notice dated 15 December 2021 is still ongoing. The Company will make the necessary announcement to Bursa Malaysia Securities Berhad as and when there is material development in relation thereof.

This announcement is dated 29 April 2022.