ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF IJM CORPORATION BERHAD ("IJM") ("IJM-C2C") PURSUANT TO THE SPECIAL DIVIDEND OF 1 SEN PER SHARE (SINGLE TIER)

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Adjustment" as from: 29 Jun 2026
2) The last date of lodgment : 30 Jun 2026

Remarks :

We refer to IJM's announcement dated 28 May 2026 in relation to the special dividend of 1 sen per share (Single Tier) ("Special Dividend"). 
In accordance with the Third Schedule of the Deed Poll dated 14 May 2026, the terms and conditions of IJM-C2C will be adjusted accordingly as follow:
1. Adjusted Exercise Ratio = E x [(P - D) / P]
2. Adjusted Exercise Price = X x [(P - D) / P]
whereby: 
D = RM0.01, being the Special Dividend per one IJM Share held. 
P = Closing price of IJM on the last market day on which IJM is traded on cum-entitlement basis. 
E : 5, being the existing Exercise Ratio of IJM-C2C immediately prior to the Special Dividend 
X : RM2.88, being the existing Exercise Price of IJM-C2C immediately prior to the Special Dividend.

Please note the Exercise Price and Exercise Ratio shall only be adjusted if the adjustment would result in greater than or equal to two percent (2%) of the Exercise Price and Exercise Ratio being changed.

For avoidance of doubt, reference should be made to the Base Prospectus dated 26 May 2026 and the terms and conditions therein shall prevail.