We refer to the Company’s announcements dated 12 January 2023, 13 January 2023, 30 January 2023 and 31 January 2023 respectively in relation to the Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.

On behalf of the Board, CIMB wishes to announce that the book-building exercise in relation to the Private Placement has been completed.

The Company will be issuing 68,196,180 Placement Shares, representing 10% of the total number of issued shares of Genetec.

The Company has fixed the issue price of RM2.61 per Placement Share (“Issue Price”). The Issue Price represents a discount of approximately 2.69% to the 5-day VWAP of Genetec Shares up to and including 30 January 2023, being the last market day immediately preceding the price-fixing date, of RM2.6821 per Genetec Share. The total gross proceeds to be raised from the Private Placement is RM177.99 million.

This announcement is dated 31 January 2023.

We refer to the Company’s announcements dated 12 January 2023, 13 January 2023 and 30 January 2023 respectively in relation to the Proposed Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.

On behalf of the Board, CIMB wishes to announce that Bursa Securities had, vide its letter dated 31 January 2023, approved the listing and quotation of up to 71,669,520 Placement Shares to be issued on the ACE Market of Bursa Securities, subject to the following conditions:

1. Genetec and CIMB must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;

2. Genetec and CIMB to inform Bursa Securities upon the completion of the Proposed Private Placement; and

3. Genetec 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.

This announcement is dated 31 January 2023.