We refer to the previous announcements in relation to the Private Placement. Unless otherwise defined, the definitions set out in the said announcements shall apply herein.

On behalf of the Board of Directors of PTT (“Board”), AmInvestment Bank wishes to announce that the Board has on 24 February 2023 (“Price Fixing Date”) fixed the issue price for the Private Placement comprising up to 9,000,000 PTT Shares (“Placement Shares”) at RM1.07 each (“Issue Price”).

The Issue Price represents a discount of approximately RM0.1112 or 9.41% to the 5-day volume weighted average market price of PTT Shares up to and including 23 February 2023, being the last market day immediately preceding the Price Fixing Date, of RM1.1812 per PTT Share.

This announcement is dated 24 February 2023.