99SMART-C9 - Notice of Book Closure

ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF 99 SPEED MART RETAIL HOLDINGS BERHAD ("99SMART") ("99SMART-C9") IN RELATION TO A SPECIAL INTERIM DIVIDEND OF RM0.0025 PER ORDINARY SHARE ("SPECIAL DIVIDEND")

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 01 Dec 2025

2) The last date of lodgment : 02 Dec 2025

Remarks :

In accordance with Part 1 of the Deed Poll dated 22 October 2024, the Exercise Ratio and Exercise Price of 99SMART-C9 will be adjusted as follows:

a. Adjusted Exercise Ratio = E x [(P - D) / P]

b. Adjusted Exercise Price = X x [(P - D) / P]

whereby:

P = Closing price of 99SMART shares on the last market day on which 99SMART shares are traded on a cum-entitlement basis

D = RM0.0025, being the Special Dividend per one (1) 99SMART Share

X = RM2.4500, being the existing Exercise Price of 99SMART-C9 immediately prior to the Special Dividend

 E = 3.0000, being the existing Exercise Ratio of 99SMART-C9 immediately prior to the Special Dividend

We shall make the announcement on the actual adjustments to 99SMART-C9 on the Last Cum Date (i.e. 28 November 2025).

No adjustment shall be made to the Exercise Ratio or the Exercise Price if the adjustment would amount to less than 2% of the Exercise Ratio or the Exercise Price being changed.