We refer to the earlier announcements in relation to the Proposed Transfer. Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 25 March 2026 and 30 March 2026.

On behalf of the Board of Directors of Northern Solar, Alliance Islamic Bank Berhad wishes to announce that the Securities Commission Malaysia ("SC") had, approved the application for the Proposed Transfer under Section 214(1) of the Capital Markets and Services Act 2007, subject to Alliance Islamic Bank Berhad and Northern Solar to fully comply with the requirements of the SC's Equity Guidelines pertaining to the implementation of the Proposed Transfer.

The SC also took note that Northern Solar had complied with the Bumiputera equity requirement for public listed companies pursuant to its listing on the ACE Market of Bursa Securities. 

Further, in compliance with subparagraph 2A.2 under Practice Note 22 of the Main Market Listing Requirements of Bursa Securities, additional information on the Company is set out in the enclosed attachment.

This announcement is dated 28 August 2026.