(Unless otherwise defined, the abbreviations and definitions used in the announcement dated 15 May 2026 in relation to the Proposals shall apply herein)

We refer to the earlier announcement in relation to the Proposals dated 15 May 2026.

On behalf of the Board, Berjaya Securities wishes to announce that Bursa Securities had, vide its letter dated 23 June 2026, approved the listing of and quotation for:

1. up to 100,000,000 Placement Shares to be issued pursuant to the Proposed Private Placement; and

    

2. such number of new ordinary shares, representing up to 10% of the total number of issued shares of Azam Jaya (excluding treasury shares, if any), to be issued pursuant to the Proposed ESOS.

The approval by Bursa Securities is subject to the following conditions:

1. Berjaya Securities to furnish Bursa Securities with details of the proposed placee(s) as per Paragraph 6.15 of the Listing Requirements for Bursa Securities' clearance, prior to the issuance/allotment of the Placement Shares;

    

2. Azam Jaya to furnish Bursa Securities with the certified true copy of the resolutions passed by the shareholders at EGM approving the Proposals;

    

3. Berjaya Securities and Azam Jaya must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposals;

    

4. Berjaya Securities and Azam Jaya to inform Bursa Securities upon the completion of the Proposed Private Placement;

    

5. Berjaya Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Private Placement is completed;

    

6. Berjaya Securities is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation; 

    

7. Azam Jaya is required to furnish Bursa Securities on a quarterly basis a summary of the total number of Azam Jaya Shares listed pursuant to the Proposed ESOS as at the end of each quarter together with a detailed computation of listing fees payable;

    

8. Payment of additional listing fee, if any, based on the final issue price together with a copy of the details of the computation of the amount of listing fees payable (if applicable); and

    

9. To incorporate Bursa Securities' comments in respect of the circular to shareholders.

This announcement is dated 23 June 2026.