The Board of Directors of Fajarbaru Builder Group Bhd ("FBG" or the "Company"), wishes to announce that FBG Land Sdn Bhd (formerly known as Fajarbaru Land (M) Sdn Bhd) (“FLSB”), a wholly-owned subsidiary of FBG, further subscribes of AUD2,555,350.00 (Australian Dollar Two Million Five Hundred Fifty Five Thousand Three Hundred Fifty Only) or equivalent to RM7,135,303.81* (Ringgit Malaysia Seven Million One Hundred Thirty Five Thousand Three Hundred Three and Cents Eighty One Only) of 2,555,350 new ordinary shares at AUD1.00 each fully paid in BNL, representing 49% of the total increase issued share capital of AUD5,215,000.00 (Australian Dollar Five Million Two Hundred Fifteen Thousand only) in BNL, to be satisfied entirely by cash. (“Proposed Subscription”) as detailed in the attachment.

This announcement is dated 10 February 2025.