TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RECURRENT RELATED PARTY TRANSACTIONS

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RECURRENT RELATED PARTY TRANSACTIONS Variation between mandated estimated value and actual value of recurrent related party transaction (RRPT) Sarawak Plantation Berhad Type Announcement Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS Description Variation between mandated estimated value and actual value of recurrent related party transaction (RRPT) Reference is made to Sarawak Plantation Berhad's (SPB) Circular to Shareholders dated 22 April 2026 (the Circular) in relation to the proposed renewal of existing shareholders' mandate and proposed new shareholders' mandate for RRPT of a revenue or trading nature (proposed mandate). The proposed mandate was approved by the shareholders at the Annual General Meeting held on 22 May 2026. SPB wishes to announce that the actual value of the RRPT entered into by its subsidiary, Sarawak Plantation Agriculture Development Sdn. Bhd. (SPAD) with its related party, Sebubu Sdn. Bhd., has again exceeded the estimated value by more than 10% since the date of its last announcement on 17 August 2026. The details of the RRPT are as follows: This announcem