Selective capital reduction and repayment exercise of Pinehill Pacific Berhad ("PinePac" or the "Company") pursuant to section 116 of the Companies Act 2016 ("SCR"). Pursuant to the SCR, all the shareholders of PinePac (other than Allgrow Capital Holdings Sdn Bhd and Puan Sri Datin Vivienne Ketheeswaran) whose names appear in the ROD of PinePac as at the Entitlement Date, will receive the SCR Offer Price at a cash repayment of RM0.46 for each PinePac share held.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Repayment" as from: 31 Mar 2026
2) The last date of lodgment : 01 Apr 2026
3) Date Payable : 10 Apr 2026

Remarks :

Under the SCR, all the shareholders of PinePac (other than Allgrow Capital Holdings Sdn Bhd and Puan Sri Datin Vivienne Ketheeswaran), whose names appear in the Record of Depositors of PinePac on the Entitlement Date (as set out above) ("Entitled Shareholders") shall be entitled to receive a cash consideration of RM0.46 for each existing ordinary share in PinePac ("PinePac Share(s)") held by the Entitled Shareholders on the Entitlement Date ("SCR Offer Price").

The settlement of the SCR Offer Price will be effected via electronic remittance to the Entitled Shareholders' eDividend accounts duly registered with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository") within 10 days from the date on which the office copy of the sealed order granted by the High Court in Malaya dated 12 March 2026 confirming the reduction of the issued share capital of PinePac for the SCR pursuant to section 116 of the Companies Act 2016 ("Act") ("High Court Order") is lodged with the Registrar of Companies pursuant to subsection 116(6) of the Act ("Effective Date"). For the Entitled Shareholders who do not maintain eDividend accounts, the settlement of the SCR Offer Price will be effected via remittance in the form of cheques, banker's drafts and/or cashier's orders which will be despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders' registered addresses last maintained with Bursa Depository at their own risk within 10 days from the Effective Date.

An office copy of the High Court Order will be lodged with the Registrar of Companies pursuant to subsection 116(6) of the Act on the Entitlement Date and consequently, the settlement of the SCR Offer Price will be effected on Friday, 10 April 2026.

The trading of PinePac Shares on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") will be suspended with effect from 9.00 a.m. on Tuesday, 31 March 2026 being 1 market day prior to the Entitlement Date. Accordingly, the last date and time for trading of PinePac Shares on the Main Market of Bursa Securities prior to the suspension will be at 5.00 p.m. on Monday, 30 March 2026.

PinePac Shares will no longer be traded on the Main Market of Bursa Securities following its suspension on Tuesday, 31 March 2026. For the avoidance of doubt, the trading of PinePac Shares will continue to be suspended until the delisting of PinePac from the Official List of Bursa Securities following the completion of the SCR.

The notice to shareholders in relation to the suspension of trading of PinePac Shares on the Main Market of Bursa Securities and the Entitlement Date for the SCR will be despatched to PinePac's shareholders on Tuesday, 17 March 2026.

Any enquiries concerning this notice of book closure date should be addressed to the share registrar of PinePac at the abovementioned contact details.