Reference is made to the announcement by the Company on 3 August 2026 in relation to the offer of ESOS to the eligible employees of MBSB and its subsidiaries, which are not dormant, under the LTIP ("Earlier Announcement").
The Board of Directors of MBSB wishes to announce that the following information in the Earlier Announcement shall be amended as follows:
Original disclosure:
Number of options or shares offered: 177,175,600 Options and 22,469,100 Shares
Amended disclosure:
Number of options or shares offered: 159,868,000 Options and 24,456,400 Shares
The amendment is to rectify the error arising from an inadvertent miscalculation of the total number of options and shares offered.
Save for the above amendment, all other information disclosed in the Earlier Announcement remains unchanged.
The revised details of the ESOS offered are as follows:
(a) Date of offer: 3 August 2026
(b) Exercise price of options offered, if applicable: RM 0.85
(c) Number of options or shares offered: 159,868,000 Options and 24,456,400 Shares
(d) Closing market price of shares on the date of offer: RM 0.63
(e) Number of options or shares offered to Directors: None
(f) Number of options or shares offered to Group Chief Executive Officer: 36,474,200 Options and 4,188,600 Shares
(g) Vesting period of the options or shares offered: Up to 3 years from the date of offer
The announcement is dated 17 August 2026.