(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcements dated 25 April 2024, 26 July 2024, 4 September 2024 and 24 September 2024 in relation to the Proposals and Proposed Granting of Subscription Options, where applicable, unless stated otherwise or defined herein.)

Reference is made to the Company’s announcements dated 25 April 2024, 26 July 2024, 1 August 2024, 4 September 2024, 12 September 2024, 24 September 2024, 16 October 2024, 24 October 2024 and 24 January 2025 in relation to the Proposals and Proposed Granting of Subscription Options.

On behalf of the Board, Interpac wishes to announce that the Company and the Vendor had on 24 March 2025 agreed to extend the period for the satisfaction or fulfilment of the relevant conditions precedent under the SSPAs which remain unsatisfied up to 30 May 2025. This is to allow more time for the Company and the Vendor to, amongst others, obtain the approvals and consents of the relevant authorities, financiers / lenders and/or third parties as well as for the Company to finalise the definitive terms with the identified investors in relation to the Proposed Private Placement.

This announcement is dated 24 March 2025.