We are pleased to announce the offering by CLSASM of up to 35,000,000 non-collateralised European-style cash settled call warrants over ordinary shares of VS by way of market making.

The VS-C1M is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

The VS-C1M is constituted by the Deed Poll dated 14 May 2026. The VS-C1M is subject to the terms and conditions of the Base Prospectus dated 26 May 2026. The obligations of CLSASM under VS-C1M are guaranteed by CITIC Securities International Company Limited pursuant to the Guarantee Deed Poll dated 14 May 2026.

A summary of the principal terms of VS-C1M is set out in the attachment.

This announcement is dated 15 July 2026.