Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those used in the Company's announcement dated 26 February 2026 and 2 April 2026 in relation to the Proposed Bonus Issue of Warrants.

On behalf of the Board, M & A Securities is pleased to announce that Bursa Securities had, vide its letter dated 10 April 2026, resolved to approve the following:

(i) Admission of up to 376,500,000 Warrants to the Official List of Bursa Securities pursuant to the Proposed Bonus Issue of Warrants;

(ii) Listing of and quotation for up to 376,500,000 Warrants to be issued pursuant to the Proposed Bonus Issue of Warrants; and

(iii) Listing of and quotation for up to 376,500,000 new GNCB Shares to be issued arising from the exercise of Warrants on the ACE Market of Bursa Securities.

The approval granted by Bursa Securities for the Proposed Bonus Issue of Warrants is subject to the following conditions:

(1) GNCB and M & A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Bonus Issue of Warrants;

(2) GNCB and M & A Securities to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Warrants and furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue of Warrants is completed;

(3) GNCB to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of the Warrants as at the end of each quarter together with a detailed computation of listing fees payable; and

(4) To incorporate the comments made in the circular to shareholders provided in the Bursa Securities' approval letter.

This announcement is dated 10 April 2026.