Proposed Restricted Issue of 1,333,335,000 new ordinary shares In Pestech ("Pestech Share(s)" or "Share(s)") ("Restricted Share(s)") representing approximately 135.43% of the existing total number of issued shares of the Company (excluding treasury shares) to Dhaya Maju Infrastructure (Asia) Sdn Berhad ("DMIA" or "the Subscriber") for a total subscription price of RM160,000,200 at an issue price of RM0.12 per Restricted Share ("Subscription Price") ("Proposed Restricted Issue")

Proposed Capitalisation of the deposit of RM16,000,020, being 10% of the subscription price ("Deposit") paid by the Subscriber to the Company upon execution of the Subscription Agreement for the Proposed Restricted Issue, through the issuance of 133,333,500 new shares ("Capitalisation Share(s)") at an issue price of RM0.12 per Capitalisation Share ("Capitalisation Issue Price"), if required pursuant to the terms of the Subscription Agreement ("Proposed Capitalisation")

Proposed Exemption from the Securities Commission Malaysia ("SC") under Subparagraph 4.08(1) (b) of the Rules On Take-overs, Mergers and Compulsory Acquisitions ("Rules") to the Subscriber and its Persons Acting In Concert ("PACS") from the obligation to undertake a mandatory takeover offer to acquire all the remaining Shares and outstanding Warrants 2021/2028 ("Warrant(s)") in the Company not already owned by them upon completion of the Proposed Restricted Issue ("Mandatory Offer") ("Proposed Exemption")