We refer to the earlier announcements in relation to the Special Issue. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the announcements dated 18 June 2025, 5 August 2025, 21 August 2025, 28 August 2025, 29 August 2025, 3 September 2025, 19 September 2025, 1 December 2025 and 12 December 2025.

On behalf of the Board, Alliance Islamic Bank Berhad (“AIS”) wishes to announce that the Securities Commission Malaysia had vide its letter dated 19 December 2025 (which was received on 22 December 2025) informed that Farm Price Holdings is deemed to have complied with the Bumiputera Equity Requirement after taking note of the following:

(i)         On 5 August 2025, the Ministry of Investment, Trade and Industry (“MITI”) had confirmed its recognition of the shareholdings of the existing Bumiputera shareholders in Farm Price Holdings of 18,000,000 ordinary shares in Farm Price Holdings;

(ii)        On 2 December 2025, MITI had informed AIS that it had allocated 12,521,800 Special Issue Shares to its Bumiputera investors out of the total allocation of 43,714,286 Special Issue Shares;

(iii)       On 5 December 2025, being the last day for the relevant Bumiputera investors to make payment for the Special Issue Shares as required under the Listing Requirements, a total of RM559,575.00 was received from 41 Bumiputera investors approved by the MITI for the subscription of 1,243,500 Special Issue Shares at an issue price of RM0.45 per Share pursuant to the Special Issue;

(iv)       On 9 December 2025, MITI, vide its letter dated 9 December 2025, informed that it had exhausted all avenues to allocate the Special Issue Shares in order to assist Farm Price Holdings in complying with the Bumiputera Equity Condition; and

(v)        On 15 December 2025, a total of 1,243,500 Special Issue Shares were listed and quoted on the ACE Market of Bursa Securities pursuant to the Special Issue.

Therefore, Farm Price Holdings is deemed to have complied with the Bumiputera Equity Requirement and the Special Issue is deemed completed.

This announcement is dated 22 December 2025.