Reference is made to the Company’s prospectus dated 28 December 2022 in relation to the ESOS (“Prospectus”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Prospectus.

On behalf of the Board, RHB Investment Bank is pleased to announce that Kitacon has implemented the ESOS with effect from 17 January 2023, being the date on which the Company is in full compliance with Paragraph 6.43 of the Listing Requirements.

This announcement is dated 17 January 2023.