On behalf of the Board of Directors of MPHB Capital Berhad (“MPHB” or “Company”), Maybank Investment Bank Berhad wishes to announce on the following:

(i) the Special Resolution in respect of the proposed selective capital reduction and repayment exercise of MPHB pursuant to Section 116 of the Companies Act 2016 (“Proposed SCR”) was approved by the disinterested shareholders of MPHB.

The Special Resolution was voted for by 83.18% in number of the disinterested shareholders of MPHB and 87.21% in value of the votes attached to the ordinary shares of MPHB (“MPHB Shares”) held by the disinterested shareholders of MPHB that were casted in person or by proxy at the EGM.

Further, 8.34% of the votes attached to all MPHB Shares held by the disinterested shareholders of MPHB of the total voting shares of MPHB voted against the Special Resolution; and

(ii) the Ordinary Resolution in respect of the proposed variation for the utilisation of proceeds from the disposal by Multi-Purpose Capital Holdings Berhad, a wholly-owned subsidiary of MPHB, of 51% equity interest in MPI Generali Insurans Berhad for a disposal consideration of approximately RM522.06 million (“Proposed Variation”) was approved by the disinterested shareholders of MPHB,

at the Extraordinary General Meeting of MPHB ("EGM”) today.

The voting in respect of each resolution was carried out by way of poll at the EGM and the results of the poll were validated by Symphony Corporate Services Sdn Bhd, being the independent scrutineer appointed by MPHB.

Details of the results of the poll are set out below.

This announcement is dated 6 September 2024.

PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MPHB PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016

PROPOSED VARIATION FOR THE UTILISATION OF PROCEEDS FROM THE DISPOSAL BY MULTI-PURPOSE CAPITAL HOLDINGS BERHAD, A WHOLLY-OWNED SUBSIDIARY OF MPHB, OF 51% EQUITY INTEREST IN MPI GENERALI INSURANS BERHAD FOR A DISPOSAL CONSIDERATION OF APPROXIMATELY RM522.06 MILLION