We wish to announce that SUPERMX-C3R had expired at 9.00 a.m. on 25 March 2024 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:

Cash Settlement Amount
= Number of SUPERMX-C3R exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price) 
= Number of SUPERMX-C3R exercised x (1/2) x (RM0.8282 - RM1.0800) 
= Number of SUPERMX-C3R exercised x RM0.0000 

The Closing Price of RM0.8282 is the average daily volume weighted average price (VWAP) of the ordinary shares of SUPERMX on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The SUPERMX-C3R is deemed to have been automatically exercised on the Expiry Date.

As the Cash Settlement Amount is less than Zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised SUPERMX-C3R will cease to be valid and all our obligations in respect to SUPERMX-C3R shall terminate absolutely.

This announcement is dated 25 March 2024.