The Board of Directors of Citaglobal (“Board”) wishes to announce that the Company and Abu Dhabi Future Energy Company PJSC - Masdar (“Masdar”) had on 1 December 2023, entered into a memorandum of understanding (“MOU”) with TNB Renewables Sdn. Bhd. (“TRe”) (collectively, Citaglobal, Masdar and TRe are referred to as “Parties” hereafter) in relation to a proposed strategic collaboration in the areas of joint development of renewable energy projects (“Proposed Collaboration”).

Please refer to the attachment for the full details of the announcement.

This announcement is dated 4 December 2023.