MBMR-C10 - Notice of Book Closure

ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MBM RESOURCES BERHAD ("MBMR") ("MBMR-C10") IN RELATION TO A SPECIAL DIVIDEND OF 10.0 SEN PER ORDINARY SHARE TAX EXEMPTED UNDER THE SINGLE-TIER SYSTEM ("SPECIAL DIVIDEND")

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 10 Dec 2025

2) The last date of lodgment : 11 Dec 2025

Remarks :

In accordance with Part 1 of the Deed Poll dated 22 October 2024, the Exercise Ratio and Exercise Price of MBMR-C10 will be adjusted as follows:

a. Adjusted Exercise Ratio = E x [(P - D) / P]

b. Adjusted Exercise Price = X x [(P - D) / P]

whereby:

P = Closing price of MBMR shares on the last market day on which MBMR shares are traded on a cum-entitlement basis

D = RM0.1000, being the Special Dividend per one (1) MBMR Share

X = RM5.8000, being the existing Exercise Price of MBMR-C10 immediately prior to the Special Dividend

 E = 5.5000, being the existing Exercise Ratio of MBMR-C10 immediately prior to the Special Dividend

We shall make the announcement on the actual adjustments to MBMR-C10 on the Last Cum Date (i.e. 9 December 2025).

No adjustment shall be made to the Exercise Ratio or the Exercise Price if the adjustment would amount to less than 2% of the Exercise Ratio or the Exercise Price being changed.