We refer to the announcements dated 21 May 2015, 25 May 2015, 27 May 2015, 8 June 2015, 4 June 2018 and 25 June 2018 in relation to the Employees' Share Scheme ("ESS") , and the Circular to shareholders of Innity Corporation Berhad ("Innity" or "the Company") dated 8 June 2015. The implementation of the ESS was effective since 4 June 2018 and the five-year validity period of the ESS will expire on 3 June 2023. 

The Board of Directors of Innity is pleased to announce that the Board had resolved to extend the time frame of the ESS for a further period of five years, until 3 June 2028. 

The Board is of the opinion that the said extension is in the best interest of the Company and is not subject to any regulatory and shareholders' approval of Innity. 

This annoucement is dated 24 May 2023.