(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 29 July 2021 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

We refer to the earlier announcements in relation to the Private Placement dated 29 July 2021 and 6 August 2021.

On behalf of the Board, TA Securities wishes to announce that the Board had on to-date (“Price-fixing Date”) fixed the issue price for the first tranche of the Private Placement at RM0.55 per Placement Share (“Issue Price”).

The Issue Price represents a discount of approximately 4.31% to the 5-day VWAP of Nextgreen Shares up to and including 13 August 2021 of RM0.5748, being the last market day immediately preceding the Price-fixing Date.

This announcement is dated 16 August 2021.