Reference is made to the Company’s announcements dated 25 April 2024, 26 July 2024, 4 September 2024, 20 September 2024, 14 October 2024, 24 October 2024, 4 November 2024, 24 January 2025, 24 March 2025, 30 May 2025, 31 July 2025, 28 August 2025, 29 September 2025, 17 October 2025, 29 October 2025, 19 November 2025, 21 November 2025, 1 December 2025, 2 December 2025, 3 December 2025, 4 December 2025, 5 December 2025, 8 December 2025, 10 December 2025, 31 December 2025 and 6 January 2026 (“Announcements”) as well as the Company’s circular to shareholders dated 20 September 2024 (“Circular”) in relation to the Proposals. Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as the Circular.

On behalf of the Board, RHB Investment Bank wishes to announce that the AAAGL Disposal has been completed on 16 January 2026 in accordance with the terms and conditions of the AAAGL SSPA following the settlement of the AAAGL Disposal Consideration via the allotment and issuance of 2,307,692,307 Consideration Shares (including the Distribution Shares) by AAX to Capital A and the Entitled Shareholders of Capital A under the Distribution on even date.

The AAB Disposal has also been completed on 16 January 2026 in accordance with the terms and conditions of the AAB SSPA following the settlement of the AAB Disposal Consideration via the Debt Settlement whereby AAX has assumed an amount of RM3,800.0 million owing by Capital A to AAB on even date.

For shareholders’ information, AAX has also allotted and issued 606,060,606 AAX Placement Shares under the AAX Private Placement on 16 January 2026. The AAX Placement Shares and the Consideration Shares (including the Distribution Shares) will be listed and quoted on the Main Market of Bursa Securities on 19 January 2026.

Further, the reduction in the Company’s issued share capital by RM2,741,538,641.04 pursuant to the Distribution has taken effect upon the lodgement of the sealed order of the High Court of Malaya with the Registrar of Companies on 16 January 2026.

This announcement is dated 16 January 2026.