We are pleased to announce the proposed issue by KIBB of up to 35,000,000 European style non-collateralised cash-settled call warrants over the ordinary shares of ANNJOO.

The ANNJOO-CZ is constituted by the Deed Poll dated 19 May 2022 executed by us, as supplemented from time to time. The ANNJOO-CZ is subject to terms and conditions of the Base Prospectus dated 25 May 2022, the First Supplementary Base Prospectus dated 2 September 2022, the Second Supplementary Base Prospectus dated 28 December 2022 and the Term Sheet dated 13 March 2023.

The ANNJOO-CZ will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 25 May 2022, the First Supplementary Base Prospectus dated 2 September 2022 and the Second Supplementary Base Prospectus dated 28 December 2022.

A summary of principal terms of the ANNJOO-CZ is set out in Table 1.

This announcement is dated 13 March 2023.