On behalf of the Board of Directors of CAB ("Board"), UOB Kay Hian (M) Sdn Bhd (formerly known as UOB Kay Hian Securities (M) Sdn Bhd) ("UOBKH") wishes to announce that Cargill Feed Sdn Bhd ("CFSB"), an indirect wholly-owned subsidiary of the Company, had on 28 November 2025 entered into a new joint venture agreement ("Agreement") with Desa Plus Sdn Bhd ("DESA") (collectively referred to as "Parties"), pursuant to the sale and purchase agreement entered into between CAB Cakaran Sdn Bhd ("CABC"), a wholly-owned subsidiary of CAB and Cargill Holdings (Malaysia) Sdn Bhd for the acquisition of 100% equity interest in CFSB ("Acquisition of CFSB"). Upon completion of the Acquisition of CFSB, CABC will become the holding company of CFSB and hence the effective controlling shareholder of the JV Company ("Proposed Joint Venture").

Further details of the Proposed Joint Venture are set out in the attachment enclosed.

This announcement is dated 28 November 2025.