For consistency purposes, the abbreviations and definitions used throughout this announcement is the same as those previously defined in the Company's announcements made on 19 March 2021, 30 July 2021, 30 August 2021, 24 November 2021, 25 February 2022, 24 May 2022, 30 August 2022, 30 November 2022, 28 February 2023, 25 May 2023, 24 August 2023 and 23 November 2023 respectively in relation to the MOU entered between OVH and ADL Solar Sdn. Bhd. [Registration Number: 201301005459 (1035302-K)] (“ADL”) for the purpose of forming a strategic partnership for mutual benefit and commercial consideration, by exploring and identifying opportunities related to the renewable energy business and to engage in discussion for the purposes of jointly preparing and submitting proposals/tenders to identify, mutually agreed project(s) (“Project(s)”) based on the understanding and commitments to the collaborative effort as contained in the MOU (“Announcements”).

The Board wishes to update that there has been no material development since the Announcements.

This announcement is dated 26 February 2024.