(Reference is made to the announcements dated 26 May 2025, 26 August 2025 and 17 November 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 (“Announcements”). Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the Announcements.)

Further to the Announcements, the Board of Directors wishes to announce that all applicable Conditions Precedent to the Subscription and Shareholders’ Agreement have been fulfilled, as confirmed by the Parties on 27 November 2025. Hence, the Subscription and Shareholders’ Agreement has become unconditional and accordingly, the Parties will be proceeding with the Completion of the Proposed Investment.

This announcement is dated 27 November 2025.