Pursuant to Paragraph 10.09 (1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of Complete Logistic Services Berhad (“CLSB”) wishes to announce that a subsidiary company, CIBC Technology Sdn Bhd has in the ordinary course of business entered into recurrent related party transactions of a revenue or trading nature (“RRPT”) and the percentage ratio of the aggregate value of the RRPT during the period from 5 September 2021 to 29 April 2022 had exceeded the percentage ratio of 1% of the total audited consolidated net assets of the Company as at 31 March 2021.

Please refer to the attachment for further details on the RRPT.

This announcement is dated 12 May 2022.