We are pleased to announce the offering by CLSASM of up to 35,000,000 non-collateralised European-style cash settled call warrants over ordinary shares of ARMADA by way of market making.

The ARMADA-C1L is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

The ARMADA-C1L is constituted by the Deed Poll dated 28 March 2025. The ARMADA-C1L is subject to the terms and conditions of the Base Prospectus dated 11 April 2025, the First Supplementary Base Prospectus dated 26 June 2025, the Second Supplementary Base Prospectus dated 27 August 2025 and the Third Supplementary Base Prospectus dated 06 November 2025. The obligations of CLSASM under ARMADA-C1L are guaranteed by CITIC Securities International Company Limited pursuant to the Guarantee Deed Poll dated 28 March 2025.

A summary of the principal terms of ARMADA-C1L is set out in the attachment.

This announcement is dated 02 December 2025.