We wish to announce that KOSSAN-C83 had expired at 9.00 a.m. on 15 June 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:

Cash Settlement Amount
= Number of KOSSAN-C83 exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price) 
= Number of KOSSAN-C83 exercised x (1/3) x (RM1.2137 - RM1.8800) 
= Number of KOSSAN-C83 exercised x RM0.0000 

The Closing Price of RM1.2137 is the average daily volume weighted average price (VWAP) of the ordinary shares of KOSSAN on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The KOSSAN-C83 is deemed to have been automatically exercised on the Expiry Date.

As the Cash Settlement Amount is less than Zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised KOSSAN-C83 will cease to be valid and all our obligations in respect to KOSSAN-C83 shall terminate absolutely.

This announcement is dated 15 June 2026.