(Reference is made to the announcement dated 26 May 2025 in relation to the proposed investment by Kerjaya Prospek Ventures Sdn. Bhd., a wholly-owned sub-subsidiary of KPGB, in 49% equity interest of Aspen Vision Land Sdn. Bhd. (“AVL”), a wholly-owned sub-subsidiary of Aspen (Group) Holdings Limited via a Subscription of new shares in AVL (“Announcement”). Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the Announcement.)

Further to the Announcement, the Board of Directors wishes to announce that additional time is required to fulfill the Conditions Precedent (as described in paragraph 2.4.3 of the Announcement). Accordingly, the Parties have on 26 August 2025, entered into a supplemental agreement to the Subscription and Shareholders' Agreement ("Supplemental Agreement").

Pursuant to the Supplemental Agreement: -

1. the Parties have agreed to extend the cut-off date for the fulfilment of the Conditions Precedent to 25 October 2025; and
2. the Parties have also agreed in the Supplemental Agreement that, save as aforesaid, all other terms of the Subscription and Shareholders' Agreement shall remain unchanged and in full force and effect.

The Company will make further announcement(s) to keep shareholders and potential investors informed, as and when there are further updates pertaining to the above matter, or, if there are any material developments.

This announcement is dated 26 August 2025.