The Board of Directors of Revenue GroupBerhad (“REVENUE” or the “Company”) is pleased to announce that the resolutionas set out in the Notice of the Extraordinary General Meeting ("EGM")of the Company dated 17 November 2022 wasduly passed by the shareholders of the Companyat the EGM held today, 6 December 2022.

The voting in respect of theresolution wascarried out by way of poll and the resultwasvalidated by CSC Securities ServicesSdn. Bhd., the independent Scrutineer appointed by the Company.

This announcement is dated 6 December2022.

PROPOSED BONUS ISSUE OF UP TO 105,567,870 WARRANTS B IN REVENUE ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 6 EXISTING ORDINARY SHARES HELD IN REVENUE ("REVENUE SHARE(S)") ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF WARRANTS")