This announcement is dated 2 June 2023.

On behalf of the board of directors of YHB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company proposes to undertake the proposed acquisition of the entire equity interest in AFPS B.V., a company incorporated under the laws of the Netherlands (“AFPS” or “Target Company”) by YBHPL from AFBV by way of exercising the Call Option granted pursuant to the Call Option Agreement for a purchase consideration equivalent to the purchase consideration to be determined in accordance with the manner set out in the Call Option Agreement (“Option Price” or “Purchase Consideration”).

Following the Proposed Acquisition, AFPS will be an indirect wholly-owned subsidiary of the Company, via its indirect holding of equity interest in YBHPL.

Please refer to the attached file for futher details of the Proposed Acquisition.