ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF IOI PROPERTIES GROUP BERHAD ("IOIPG") ("IOIPG-C48") PURSUANT TO THE SPECIAL SINGLE TIER DIVIDEND OF 8 SEN PER SHARE ("SPECIAL DIVIDEND")

Kindly be advised of the following:

1) The above Company's securities will be traded and quoted "Ex - Adjustment" as from: 14 Sep 2026
2) The last date of lodgment: 15 Sep 2026

Remarks:

We refer to IOIPG announcement dated 27 August 2026 pursuant to the special single tier dividend of 8 sen per share ("Special Dividend")

In accordance with the Third Schedule of the Deed Poll dated 28 March 2025, the terms and conditions of IOIPG-C48 will be adjusted accordingly as follow:
1. Adjusted Exercise Ratio = E x [(P - D) / P]
2. Adjusted Exercise Price = X x [(P - D) / P]
 

whereby: 
D = RM0.0800, being the Special Dividend per one IOIPG Share held. 
P = Closing price of IOIPG on the last market day on which IOIPG is traded on cum-entitlement basis. 
E : 7, being the existing Exercise Ratio of IOIPG-C48 immediately prior to the Special Dividend 
X : RM4.2800, being the existing Exercise Price of IOIPG-C48 immediately prior to the Special Dividend.

Please note the Exercise Price and Exercise Ratio shall only be adjusted if the adjustment would result in greater than or equal to two percent (2%) of the Exercise Price and Exercise Ratio being changed.

For avoidance of doubt, reference should be made to the Base Prospectus dated 11 April 2025 and the terms and conditions therein shall prevail.