We refer to the Company’s announcements dated 25 February 2025 and 6 March 2025 in relation to the Proposed Bonus Issue.

On behalf of the Board of Directors of ABB, Affin Hwang Investment Bank Berhad (“Affin Hwang IB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 11 March 2025, resolved to approve the listing of and quotation for up to 133,360,363 new ABB Shares to be issued pursuant to the Proposed Bonus Issue on the Main Market of Bursa Securities.

The approval granted by Bursa Securities is subject to, among others, the following conditions:

1. ABB and Affin Hwang IB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities (“MMLR”) pertaining to the implementation of the Proposed Bonus Issue;
2. Affin Hwang IB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;
3. ABB and Affin Hwang IB to furnish Bursa Securities with a written confirmation of their compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed;
4. ABB and Affin Hwang IB are required to make the relevant announcements pursuant to Paragraphs 6.35(2)(a), 6.35(2)(b) and 6.35(4) of the MMLR; and
5. ABB/Affin Hwang IB to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at a general meeting for the Proposed Bonus Issue.

This announcement is dated 12 March 2025.