The Board of Directors of MeridianBerhad (“Company”) wishes to announce that the resolutionas set out in the Notice of the Extraordinary General Meeting (“EGM”) dated 21 December 2020, was duly passed by the shareholders of the Company at the EGM held on Tuesday, 5January 2021 by way of poll voting.

The results of the poll were validated by U SEARCH MANAGEMENT SERVICES,beingthe Independent Scrutineer appointed by the Company.

The details of the poll results are set out below.

This announcement is dated 5January 2021.

PROPOSED PRIVATE PLACEMENT OF UP TO 173,877,057 ORDINARY SHARES IN MERIDIAN ("MERIDIAN SHARES") REPRESENTING 30% OF THE TOTAL NUMBER OF ISSUED MERIDIAN SHARES (EXCLUDING TREASURY SHARES) TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER AND AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")