(The definitions used in this announcement shall have the same meanings as that used in the announcement made on 18 July 2022 (“Announcement”) unless stated otherwise.)

Further to the Company's Announcement, the Board of Directors of Southern Cable is pleased to announce that Southern had on today received an addendum to contract from TNB where the Contract price shall increase from original RM293,812,767.00 (Ringgit Malaysia: Two Hundred Ninety Three Million Eight Hundred Twelve Thousand Seven Hundred Sixty Seven) to RM332,136,126.50 (Ringgit Malaysia: Three Hundred Thirty Two Million One Hundred Thirty Six Thousand One Hundred Twenty Six and Sen Fifty) only inclusive of Sales and Services Tax due to additional quantity items requested by TNB.

The Contract period as mentioned in the earlier announcement shall remain the same.

This announcement is dated 4 April 2023.