It has been brought to the Company’s attention that during a recent conference call organized by a foreign brokerage firm for its clients with migrant worker activist, Andy Hall, reference has been made to VSIB with regards to foreign labour practices.

Subsequently, an article with similar reference was published in The Edge Weekly dated 6 December 2021 with the title, ‘EMS firms hit by ESG wave and ATA IMS aftershocks’.

The Board of Directors (the “Board”) of VSIB wishes to inform that the Company has since reached out to Andy Hall for clarification on this matter.

Please find attached a joint statement by both parties.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=121164&name=EA_GA_ATTACHMENTS