RGB INTERNATIONAL BHD (“RGB”)

- NOTICE OF AWARD TO RGB’S ULTIMATE WHOLLY-OWNED SUBSIDIARY

1. Introduction

RGB is pleased to announce that RGB (Macau) Limited, a wholly-owned subsidiary of RGB International Ltd which in turn wholly-owned by RGB, had on 29 May 2024 received a Notice of Award dated 27 May 2024 from Philippine Amusement and Gaming Corporation (“PAGCOR”) for the Procurement of Supply and Delivery of Slot Machine Equipment for Casino Filipino Branches under ITB No. DC24-03-001COR (“the Project”).

2. Salient terms

The salient terms of the Project are as follows:

i) The total contract value of the Project is USD81,328,272.00 (equivalent to RM382,974,832.85 based on the exchange rate of RM4.7090 as at 30 May 2024).

ii) The Project involves supplying of 1,968 electronic gaming machines (“EGMs”) along with their related accessories, LED signage and displays. The services to be provided under this Project include logistics arrangement, installation of EGMs, signage and displays, as well as engineering technical and product trainings.

iii) The EGM brand and quantity breakdown is as follows:

• 888 units of Light & Wonder;
• 888 units of Aristocrat;
• 150 units of Konami; and
• 42 units of KL Saberi.

3. Financial effects

The Project will not have any effect on the share capital and shareholding structure of RGB.

The Project is expected to contribute positively to RGB’s earnings and net assets per share for the financial year ending 31 December 2024.

4. Risk factors

The risk factors affecting the Project include product availability from the various manufacturers and fluctuation in currency exchange rates.

Although RGB Group with its vast experience may undertake efforts to mitigate the various risk factors, there is no assurance that any change in the above risk factors will not have a material adverse effect on the business and operations of RGB Group.

5. Directors’ and major shareholders’ interests

None of the directors and/or major shareholders of RGB, and/or any persons connected to them, have any direct or indirect interests in the said Project.

This announcement is dated 30 May 2024.