WE DESIGN LOGISTICS

The Board of Directors of CJ Century Logistics Holdings Berhad (“CJ Century” or “the Company”) wishes to announce that the Company will be seeking its shareholders’ approvals for the above-captioned Proposals at the forthcoming Twenty-Eighth Annual General Meeting of the Company.

Proposed Renewal of Existing Shareholders’ Mandate for RRPT

The Company had, at its Twenty-Seventh Annual General Meeting held on 26 April 2024, obtained a mandate from its shareholders to enter into RRPT which are necessary for its day-to-day operations. This mandate will expire at the conclusion of the forthcoming Twenty-Eighth Annual General Meeting.

The Company proposes that a renewal of RRPT mandate be sought from its shareholders to allow the Company and/or its subsidiaries to continue to enter into some of its existing RRPT.

Proposed Renewal of Share Buy-Back Authority for the Company to Purchase its Own Shares

The Company had, at its Twenty-Seventh Annual General Meeting held on 26 April 2024, obtained approval from its shareholders to purchase its own shares up to 10% of the total number of its issued shares. This authority for share buy-back will expire at the conclusion of the forthcoming Twenty-Eighth Annual General Meeting.

The Company proposes to seek a renewal of authority from its shareholders to purchase its own ordinary shares of up to 10% of the total number of issued shares.

A Circular/Statement to Shareholders containing information on the Proposals will be made available to the Company’s shareholders in due course.

This announcement is dated 27 February 2025.