Esthetics International Group Berhad (“EIG”) is pleased to announce the renewal of the exclusive distribution of Jane Iredale cosmetics with the signing of a new Distribution Agreement (the “Agreement”) between EIG Dermal Wellness (M) Sdn Bhd (“EIGDW”), a wholly-owned subsidiary of EIG, and Iredale Cosmetics, Inc (“IC”) on 30 May 2025. 

The Agreement grants EIGDW the exclusive right to sell and distribute Jane Iredale cosmetic products in Malaysia, Brunei, Singapore, Thailand and Indonesia (the “Territory”) for an additional three (3) years effective from 1 January 2025 to 31 December 2027, and may be further extended or renewed as agreed between the Parties. EIG distributes Jane Iredale through the professional salon and medispa channel as well as selected retail and ecommerce channels in the Territory.

Jane Iredale is a leading performance clean cosmetic brand from USA in the professional and medispa channel, prescribed by dermatologists, plastic surgeons, estheticians and makeup artists with 29 years’ history and distribution in more than 50 countries globally. 

The Directors of EIG, having considered all relevant factors, is of the view that it is in the interest of EIG for EIGDW to enter into the Agreement.

The signing of the Agreement will not have any effect on the share capital and substantial shareholdings structure of EIG. With focused and prudent sales and marketing efforts and barring unforeseen circumstances, the Agreement is expected to positively contribute to future profits, earnings per share and net assets of EIG.

None of the Directors of the Company, substantial shareholders and/or persons connected to them has any interest, direct or indirect in the above transaction.

This announcement is dated 3 June 2025.