ITRONIC - RENOUNCEABLE RIGHTS ISSUE OF 270,058,985 NEW ORDINARY SHARES IN ITRONIC ("ITRONIC SHARE(S)") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING ITRONIC SHARE HELD BY THE ENTITLED SHAREHOLDERS OF ITRONIC, TOGETHER WITH 202,544,237 FREE DETACHABLE WARRANTS IN ITRONIC ("WARRANT(S)") ON THE BASIS OF 3 WARRANTS FOR EVERY 4 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE WITH WARRANTS")

Kindly be advised that the abovementioned Company's additional 270,058,985 new ordinary shares issued pursuant to the aforesaid Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Friday, 27 January 2023.

We are also pleased to advise that ITRONIC’s 202,544,237 Warrants issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of the Exchange and the listing and quotation of the Warrants on the Main Market, will be granted with effect from 9.00 a.m., Friday, 27 January 2023.

The Stock Short Name, Stock Number and ISIN Code of the Warrants are “ITRONIC-WA”, “9393WA” and “MYL9393WA811” respectively.