Unless otherwise defined, the abbreviations and definitions used in the announcements dated 23 February 2023, 7 March 2023 and 9 March 2023 (“Announcements”) shall apply herein.

We refer to the Announcements.

On behalf of the Board, RHB Investment Bank wishes to announce that the issue price of the New Shares has been fixed on 21 March 2023 ("Price Fixing Date") at RM1.38 per New Share. The issue price is fixed based on the 5-day volume weighted average market price ("VWAMP") of Sunway Shares of RM1.5645 up to and including the Price Fixing Date after adjusting for the following:

(i) the Second Interim Dividend of RM0.035 per Sunway Share to the five-day VWAMP of Sunway Shares ("Ex-Dividend VWAMP"); and

(ii) a discount of RM0.1495, which is approximately 9.77% discount to the Ex-Dividend VWAMP of RM1.5295.

On behalf of the Board, RHB Investment Bank also wishes to announce that the books closure date for the Second Interim Dividend and the DRS has been fixed on 5 April 2023.

The DRS Statement and Notice of Election (including the Dividend Reinvestment Form) will be provided to all the entitled shareholders of Sunway (save for the shareholders of Sunway who do not have a registered address in Malaysia) on 7 April 2023 and the election period for the DRS will close on 21 April 2023.

This announcement is dated 22 March 2023.