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Unless otherwise stated, all abbreviations used herein shall have the same meaning as defined in the offer document in relation to the Offer dated 11 August 2025 ("Offer Document").

We refer to the Offer Document which sets out the details, terms and conditions of the Offer, the announcement dated 28 August 2025 in relation to the non-compliance with Public Shareholding Spread, and the announcement dated 10 October 2025 in relation to the Closing Date.

The Board wishes to inform that pursuant to the completion of the Offer, the Public Shareholding Spread of FACB is 12.24% (excluding treasury shares) as at 10 October 2025, which was computed based on the information on equity structure prescribed in Appendix 8E of the Listing Requirements. Accordingly, FACB is deemed not to be in compliance with the Public Shareholding Spread Requirement under Paragraph 8.02(1) of the Listing Requirements.

As stated in the Offer Document, the Offeror and the Ultimate Offeror do not intend to maintain the listing status of FACB. As such, the Offeror and the Ultimate Offeror will not be taking any steps to address any shortfall in the Public Shareholding Spread of FACB in the event FACB does not meet the Public Spread Requirement after the Closing Date.

We wish to highlight that the ability to delist FACB from the Main Market of Bursa Securities is subject to the Offeror and the Ultimate Offeror having received valid acceptance resulting in them and their person(s) acting in concert holding 90% or more of the listed shares in FACB. In the event that the Offeror and the Ultimate Offeror are unable to achieve the required level of acceptances under the Offer to delist FACB, FACB will remain listed on the Main Market of Bursa Securities. Consequently, FACB will continue to be subject to the ongoing listing requirements and compliance obligations applicable to listed issuers, including the need to maintain a Public Spread Requirement and other corporate governance requirements.

As at the date of this announcement, no satisfactory plan has been identified to address the non-compliance with the Public Spread Requirement. Accordingly, FACB will apply to Bursa Securities for an extension of time to rectify the non-compliance with Public Shareholding Spread Requirement, and will continue to monitor the level of the Public Shareholding Spread and make the necessary announcement in relation to the status of Public Shareholding Spread Requirement in accordance with the Listing Requirements.

This announcement is dated 13 October 2025.