We are pleased to announce the offering by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in TENAGA.

The TENAGA-C3X is constituted by the Deed Poll dated 13 April 2026 executed by us, as supplemented from time to time. The TENAGA-C3X is subject to the terms and conditions of the Base Prospectus dated 20 April 2026 and the Term Sheet for the TENAGA-C3X dated 18 May 2026.

The TENAGA-C3X is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the TENAGA-C3X is set out in the attachment.

This announcement is dated 18 May 2026.