We refer to the announcements dated 31 May 2022 ("First Announcement") and the subsequent announcements dated 19 May 2023 in respect of the application to Bursa Securities for an extension of time to submit its regularisation plan ("1st EOT Application"), the announcement dated 13 June 2023 in respect of Bursa Securities' approval for the 1st EOT Application, the announcement dated 30 October 2023 in respect of the application to Bursa Securities for a further extension of time to submit its regularisation plan ("2nd EOT Application"), the announcement dated 14 December 2023 in respect of Bursa Securities' approval for the 2nd EOT Application, the announcement dated 30 May 2024 in respect of the application to Bursa Securities for a further extension of time to submit its regularisation plan ("3rd EOT Application") and the announcement dated 1 July 2024 in respect of Bursa Securities’ approval for the 3rd EOT Application. Unless otherwise stated, all terms used herein shall have the same meaning as defined in the said announcements.

On behalf of the Board of Directors of SEB, MIDF Investment wishes to announce that the Company had on 18 November 2024 submitted an application to Bursa Securities for a further extension of time of six (6) months from 30 November 2024 until 31 May 2025 for the Company to submit a regularisation plan to Bursa Securities. Further announcement will be made upon the receipt of decision from Bursa Securities.

This announcement is dated 18 November 2024.