Reference is made to the Company’s announcements dated 30 September 2022, 17 October 2022, 1 November 2022, 8 November 2022, 17 November 2022 and 24 November 2022 in relation to the Bonus Issue of Warrants (“Earlier Announcements”) and the Circular to shareholders dated 9 November 2022 in relation to the Bonus Issue of Warrants (“Circular”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcements and Circular.

On behalf of the Board, AmInvestment Bank wishes to announce that the exercise price of the Warrants has been fixed at RM0.43 (“Exercise Price”) and the deed poll constituting the Warrants has also been executed today.

The Exercise Price represents a premium of approximately 18.20% to the 5-day volume weighted average market price of the Shares up to and including 23 November 2022 of RM0.3638, being the last trading day prior to the announcement of the Entitlement Date.

This announcement is dated 24 November 2022.