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Further to the announcements made on 17 December 2021 and 30 August 2022 pertaining to the MOU entered into between Optimax with Selgate (“Announcements”). Unless otherwise stated, the abbreviations and definitions used in this announcement shall have the same meaning as defined in the Announcements.

Optimax and Selgate (“Parties”) have agreed that the MOU which will be expiring on 17 December 2022 will be extended for a period of 24 months from 17 December 2022 (“Closed-Off Period”).

The Closed-Off Period may be extended further as agreed by the Parties in writing prior to the expiry of the Closed-Off Period.

The Amendment No.1 to the MOU is available for inspection by the shareholders at the registered office of Optimax at Unit 30-01, Level 30, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur, Wilayah Persekutuan, Malaysia during normal office hours between Monday to Friday (except public holidays).

Any material and significant development regarding the MOU will be announced accordingly.

This announcement is dated 29 November 2022.