The terms used herein shall have the same meaning as those defined in the announcement made on 21 January 2021 unless otherwise stated.

We refer to the announcements dated 21 January 2021, 27 January 2021, 3 February 2021, 10 February 2021, 18 February 2021 and 19 February 2021 in relation to the Private Placement.

On behalf of the Board, RHB Investment Bank wishes to announce that the Board had on 9 March 2021 (“Price-Fixing Date”) fixed the issue price for the second tranche of the Placement Shares, at RM0.865 per Placement Share (“Second Tranche”). The Second Tranche will comprise up to 100,367,362 Placement Shares.

The issue price of RM0.865 per Placement Share represents a discount of approximately 9.68% to the 5-day VWAP of AAGB Shares up to and including 8 March 2021, being the market day immediately before the Price-Fixing Date, of RM0.9577 per AAGB Share.

For information purposes, the actual number of Placement Shares to be placed out under the Second Tranche will depend on the final acceptance by the identified placees.

This announcement is dated 9 March 2021.