Reference is made to the Company's earlier announcements dated 19 August 2026, 20 August 2026, 9 September 2026 and 11 September 2026 in relation to the Proposed Bonus Issue of Warrants, the circular to shareholders dated 14 September 2026 in relation to the Proposed Bonus Issue of Warrants ("Circular") and the announcement dated 29 September 2026 in relation to the outcome of extraordinary general meeting for the Proposed Bonus Issue of Warrants. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Circular.

On behalf of the Board, Malacca Securities wishes to announce that the Board had on 1 October 2026 ("Price-Fixing Date"), resolved to fix the exercise price for the Warrants at RM0.8000 per Warrant ("Exercise Price").

The Exercise Price was determined and fixed by the Board after taking into consideration, amongst others, the following:-

(i) 5-day VWAP of the CRB Shares immediately preceding the Price-Fixing Date;

(ii) historical price movement of the CRB Shares;

(iii) prevailing market conditions, and

(iv) future funding requirements of the Group.

The Exercise Price approximates the 5-day VWAP of the CRB Shares immediately preceding the Price-Fixing Date of RM0.8060 per CRB Share.

Further, on behalf of the Board, Malacca Securities wishes to announce that the Board, had on 1 October 2026, executed the deed poll constituting the Warrants to be issued pursuant to the Proposed Bonus Issue of Warrants.

This announcement is dated 1 October 2026.