Reference is made to the Company's announcements dated 14 September 2026 and 15 September 2026 in relation to the Proposals ("Announcements"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the aforesaid Announcements.

On behalf of the Board, RHB Investment Bank wishes to announce that Bursa Securities has, vide its letter dated 28 September 2026, resolved to approve the Proposed Share Split, subject to the following conditions:

(i)         Timberwell must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Share Split;

(ii)        Timberwell is required to inform Bursa Securities upon completion of the Proposed Share Split;

(iii)        Timberwell is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the extraordinary general meeting approving the Proposed Share Split prior to the listing and quotation of the Subdivided Shares;

(iv)       Timberwell is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Share Split is completed; and

(v)        Timberwell is required to make the relevant announcements in accordance with Paragraphs 6.35(2)(a) and (b), and 6.35(4) of the Main Market Listing Requirements of Bursa Securities.

This announcement is dated 29 September 2026.