Reference is made to the Company’s announcements dated 14 October 2025, 28 October 2025, 14 November 2025, 17 November 2025 and 3 December 2025 (“Announcements”) as well as the circular to shareholders dated 17 November 2025 (“Circular”) in relation to the above. Unless otherwise defined, the definitions set out in the Announcements and Circular shall apply herein.

The Company wishes to announce that the Existing LTIP has been terminated with effect from 30 January 2026 (“Termination Date”). Pursuant to the LTIP By-laws, the Termination of the Existing LTIP is not subject to the approval of Bursa Securities or the Company’s shareholders.

The Existing LTIP was implemented on 11 September 2020 and is effective for a period of 10 years, expiring on 10 September 2030. As at the Termination Date, Ranhill had granted a total of 9,989,600 Shares under the Existing LTIP. Out of these Shares granted, 868,600 Shares have been vested, while the remaining 9,121,000 Shares have lapsed. There are no outstanding Shares granted under the Existing LTIP, and Ranhill does not intend to grant any further Shares under the Existing LTIP.

In view of the above, the Board has decided to terminate the Existing LTIP and replace it with the Proposed ESOS in order to align the terms and conditions applicable to the employee share option scheme of the Company with those of its parent and ultimate parent companies, namely YTL Power and YTL Corporation, respectively. The Proposed ESOS will continue to provide a mechanism for rewarding eligible employees and Directors of Ranhill Group, while promoting long-term retention and alignment of interests with those of the shareholders of the Company. The Board is also of the view that the continuation of both schemes would no longer be necessary or efficient.

The Proposed ESOS, as disclosed in the Circular, was approved by the shareholders of the Company at the Extraordinary General Meeting held on 3 December 2025.

This announcement is dated 30 January 2026.