Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the announcement announced by the
Company on 18 August 2022 in relation to the Proposed Acquisition.

The Board of KAB wishes to announce that KABEH and UFC, had mutually agreed to extend the Cut-Off Date as stipulated in the Agreement in relation to the Proposed Acquisition to 17 March 2023.

This announcement is dated 17 January 2023.