Reference is made to the Company’s announcements dated 25 April 2024, 26 July 2024, 4 September 2024, 20 September 2024, 14 October 2024, 24 October 2024, 4 November 2024 and 24 January 2025 ("Announcements") as well as the Company’s circular to shareholders dated 20 September 2024 ("Circular") in relation to the Proposals. Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as the Circular.

On behalf of the Board, RHB Investment Bank Berhad wishes to announce that the Company and AAX have mutually agreed to further extend the AAAGL Cut-Off Date and AAB Cut-Off Date under the AAAGL SSPA and AAB SSPA, respectively, from 25 March 2025 until 30 May 2025 or such other date as mutually agreed between the Company and AAX in writing, for the Company and AAX to satisfy the AAAGL Conditions Precedent (save for the AAAGL Condition Precedent relating to due diligence on the AAAGL Target Entities, which has been satisfied) and AAB Conditions Precedent (save for the AAB Condition Precedent relating to due diligence on the AAB Target Entities, which has been satisfied), respectively. This is to allow additional time for the Company and AAX to, amongst others, obtain the approval and/or consent of the relevant authorities, financiers/lenders and/or third parties as well as for AAX to finalise the definitive terms with the identified investors in relation to AAX’s Proposed Pre-Completion Private Placement Exercise.

Save for the above, all other terms and conditions of the SSPAs shall remain in full force and effect.

This announcement is dated 24 March 2025.