Proposed exemption to Mr. Lim Han Weng ("Mr. LHW") and persons acting in concert with him from the obligation to undertake a Mandatory Take-Over Offer for all the remaining Ordinary Shares in LFG and Warrants 2020/2028 issued by LFG not already owned by them after the issuance and allotment of 227,272,727 new Ordinary Shares in LFG ("LFG Shares") at an issue price of RM0.88 per LFG Share for the settlement of the purchase consideration for the following:

(I)	Proposed Acquisition of Liannex Fleet Pte Ltd; and

(II)	Proposed Acquisition of Yinson Power Marine Sdn Bhd

(Collectively referred to as "Approved Acquisitions")

pursuant to subparagraph 4.08(1)(A) of the Rules on Take-Overs, Mergers and Compulsory Acquisitions issued by Securities Commission Malaysia

Proposed variation to certain clauses of the Conditional Share Sale and Purchase Agreement dated 22 November 2024 between LFG and Liannex Corporation (S) Pte Ltd and Mr. LHW for the Approved Acquisitions