The Board of Directors of GB wishes to announce that the Company intends to seek the approval of its shareholders at the forthcoming Forty-Second Annual General Meeting ("42nd AGM") to be convened for the Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions ("RRPT") of a Revenue or Trading Nature ("Proposed Renewal of Existing Shareholders' Mandate").

The Proposed Renewal of Existing Shareholders' Mandate is to allow the Company and/or its subsidiaries to enter into RRPT of a revenue or trading nature which are necessary for its day-to-day operations. The Company had, at its Forty-First Annual General Meeting ("AGM") held on 18 June 2025, obtained the mandate from its shareholders to enter into RRPT of a revenue or trading nature. This mandate will expire at the conclusion of the forthcoming 42nd AGM.

A Circular to Shareholders containing information on the Proposed Renewal of Existing Shareholders' Mandate will be issued to the shareholders of GB in due course.

This announcement is dated 16 April 2026.