The Board of Directors of Sarawak Oil Palms Berhad wishes to announce that the Company intends to seek the approval of its shareholders at the forthcoming 56th Annual General Meeting to be convened on 26 June 2024 for the proposed renewal of shareholders’ mandate for recurrent related party transactions of a revenue or trading nature (“Proposed Shareholders’ Mandate”).

A circular to shareholders containing the details of the Proposed Shareholders’ Mandate will be dispatched to the shareholders of the Company in due course.

This announcement is dated 26 April 2024.