Pursuant to Rule 10.09(1)(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of UIB wishes to announce that UIB and/or its subsidiaries (“UIB Group”), has in the ordinary course of its business entered into RRPTs of a revenue or trading in nature with Rexallent Construction Sdn Bhd, by virtue of the person connected with the Director/ Shareholder of UIB.

The total consideration of the RRPTs in aggregation has exceeded the percentage ratio of 1% as prescribed under Rule 10.09(1)(a)(ii) of the ACE Market Listing Requirements from 25 August 2022 to 24 August 2023.

Kindly refer to the attachment for further details.

This announcement is dated 25 August 2023.