Reference is made to the Company’s announcement dated 17 January 2022 in relation to the Heads of Agreement (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

The Board of Directors of Jiankun International Berhad (“Jiankun” or “the Company”) wishes to announce that Jiankun as one of the Consortium Party mutually agreed to extend the conditional period for a period of six (6) months up to 24 May 2023 to fulfil the conditions precedent and to enter into a definitive agreement between the Parties.

This announcement is dated 25 November 2022.