(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those defined in the circular to the shareholders of EHB in relation to the Proposals dated 31 July 2025 (“Circular”))

We refer to the announcements dated 28 February 2025, 24 April 2025, 25 April 2025, 21 July 2025 and 31 July 2025 in relation to the Proposals.

On behalf of the Board, AmInvestment Bank and Maybank IB wish to announce that the Board has on 7 November 2025 resolved to fix the following:

1. the Issue Price at RM0.18 per Rights Share at an entitlement basis of three (3) Rights Shares for every two (2) existing EHB Shares held by the Entitled Shareholders on the Entitlement Date; and
    
2. the exercise price of the Warrants at RM0.23 per Warrant at the basis of one (1) Warrant for every three (3) Rights Shares subscribed.

The Issue Price was fixed by the Board after taking into consideration, among others, the following:
 

1. the funding requirements of the EHB Group;
    
2. the TEAP of EHB Shares of RM0.2540 based on the 5-day VWAP of EHB Shares up to and including 6 November 2025, being the last market day prior to the Price-Fixing Date of RM0.3770 and the Board’s intention to fix the Issue Price at a discount ranging between 10% to 30% of the TEAP of EHB Shares; and
    
3. the prevailing market conditions which include, among others, market sentiment and volatility of the Malaysian stock market.

The Issue Price of RM0.18 per Rights Share represents a discount of approximately 29.13% to the TEAP of EHB Shares of approximately RM0.2540.

The exercise price of the Warrants was fixed by the Board after taking into consideration the TEAP of EHB Shares of RM0.2540 based on the 5-day VWAP of EHB Shares up to and including 6 November 2025, being the last market day prior to the Price-Fixing Date of RM0.3770 and the Board’s intention to fix the exercise price of the Warrants at a discount of not more than 10% to the TEAP of EHB Shares. The exercise price of RM0.23 per Warrant represents a discount of approximately 9.45% to the TEAP of EHB Shares of approximately RM0.2540.

This announcement is dated 7 November 2025.