Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the circular to the unitholders of Al-`Aqar dated 10 June 2025 in relation to the Proposals.

We refer to the announcements dated 27 March 2025, 10 June 2025, 25 June 2025, 8 July 2025 and 1 August 2025 in relation to the Proposals.

On behalf of the Board, KAF IB wishes to announce that the balance Purchase Consideration in respect of the Proposed Acquisitions has been paid in accordance with the terms of the Sale and Purchase Agreements on 7 October 2025 thereby completing the Proposed Acquisitions in accordance with the terms of the Sale and Purchase Agreements. Accordingly, the KPJ Ampang Puteri Lease Agreement and the KPJ Penang Lease Agreement have been dated and commenced on 7 October 2025.

Concurrently, the lease renewal of KPJ Penang Specialist Hospital (Old Building) has also commenced on 7 October 2025. For clarity, the lease renewal of KPJ Penang Specialist Hospital (Old Building) and the Proposed Lease of KPJ Penang New Building is covered under a single lease agreement i.e KPJ Penang Lease Agreement.

This announcement is dated 7 October 2025.