Reference is made to the Company's announcements dated 20 January 2025, 21 January 2025, 10 February 2025 and 20 February 2025 in relation to the Offer.

The Board of Directors wishes to announce that the Company had on 28 February 2025 received a press notice from Maybank Investment Bank Berhad on behalf of the Offeror and the Joint Ultimate Offerors, informing that as at 28 February 2025, the Offeror, the Joint Ultimate Offerors and persons acting in concert with them hold in aggregate more than 50% of the voting shares in Scanwolf. Accordingly, the acceptance condition is met and the Offer has become unconditional on Friday, 28 February 2025 ("Unconditional Date").

In accordance with subparagraph 12.01(3)(b) of the Rules, where the Offer has become or is declared unconditional as to acceptances on a day failing on or before Friday, 28 March 2025, being the 46th day from the Posting Date, the Offer will remain open for acceptances for at least fourteen (14) days from the date on which the Offer becomes or is declared unconditional.

Following the above, unless extended or revised, the Offer shall remain open for acceptances until 5:00 p.m. (Malaysia time) on Friday, 14 March 2025 ("Revised Closing Date").

Please refer to the attached press notice dated 28 February 2025 for further information.

This announcement is dated 28 February 2025.