(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcements dated 29 October 2021 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcements dated 29 October 2021, 5 November 2021, 9 November 2021 and 12 November 2021.

On behalf of the Board, TA Securities wishes to announce that the Board had on to-date (“Price-fixing Date”) fixed the issue price for the first tranche of the Private Placement at RM0.2222 per Placement Share (“Issue Price”).

The Issue Price represents a discount of approximately 9.97% to the 5-day VWAP of Vertice Shares up to and including 17 December 2021 of RM0.2468, being the last market day immediately preceding the Price-fixing Date.

This announcement is dated 20 December 2021.