Reference is made to the Company's announcements dated 14 March 2025, 14 April 2025, 29 April 2025, 24 September 2025 and 6 May 2026. Unless otherwise defined, the definitions set out in the previous announcements of the Company shall apply herein.

On behalf of the Board of Directors of LPI, Public Investment Bank Berhad wishes to announce that the Company and Lonpac had on 21 May 2026, completed the Disposal of Sale Shares following the disposal of an aggregate of 220,294,480 PBB Shares to local and foreign institutional investors at RM4.75 per PBB Share ("Disposal Price") on the even date. 

The Disposal Price represents a discount of 0.42% to the closing price of PBB Shares on 20 May 2026 (being the price-determination date) of RM4.77 and a discount of 2.08% to the 5-day VWAP of PBB Shares up to and including 20 May 2026 of RM4.8510.

Following the above, the Company and Lonpac no longer hold/own any PBB Shares and hence have fully complied with Section 22(5)(b) of the Act.

This announcement is dated 21 May 2026.