On behalf of the board of directors of YSPSAH, UOB Kay Hian (M) Sdn Bhd (formerly known as UOB Kay Hian Securities (M) Sdn Bhd) (“UOBKH”) wishes to announce that the Company proposes to establish an ESOS of up to 10.0% of the total number of issued shares of the Company (excluding treasury shares, if any) at any point in time, throughout the duration of the Proposed ESOS to the eligible directors and employees of YSPSAH and its subsidiaries (“YSPSAH Group” or the “Group”).

The Company had previously implemented an ESOS following its shareholders’ approval obtained on 17 June 2013 (“Previous ESOS”). The Previous ESOS (which was in force for a period of 10 years commencing from 1 November 2013 until 31 October 2023) permitted the issuance of ESOS options of up to 10.0% of the issued shares of the Company. Upon the expiry of the Previous ESOS, all unexercised options granted under the Previous ESOS had lapsed and became null and void, and accordingly, the ESOS committee established for the Previous ESOS had been dissolved.

In view of the expiry of the Previous ESOS, the Proposed ESOS is intended to renew and strengthen the Group’s long term remuneration framework by continuing the use of equity based incentive arrangements. The Proposed ESOS reflects the continuation of the Group’s sustained commitment to align the interests of eligible directors and employees with the long term performance and growth of the Group. It also reinforces the Group’s focus on performance based rewards, the retention and motivation of key talent, and the cultivation of an ownership culture consistent with the Group’s strategic objectives.

Further details on the Proposed ESOS are set out in the attachment.

This announcement is dated 2 March 2026.