Reference is made to the previous announcements in relation to the Private Placement. Unless otherwise defined, the definitions set out in the announcements shall apply herein.

On behalf of the Board, AmInvestment Bank wishes to announce that the Board has on 27 December 2022 (“Price Fixing Date”) fixed the issue price for the second tranche of the Placement Shares at RM0.32 each (“Issue Price”).

The Issue Price represents a discount of approximately RM0.0141 or 4.22% to the 5-day volume weighted average market price of NCT Shares up to and including 23 December 2022, being the last market day immediately preceding the Price Fixing Date, of RM0.3341 per NCT Share.

This Announcement is dated 27 December 2022.