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

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS HAP SENG CONSOLIDATED BERHAD ("HSCB" OR "COMPANY") PROPOSED DISPOSAL BY HAP SENG INVESTMENT HOLDINGS PTE LTD ("HSIH"), A WHOLLY-OWNED SUBSIDIARY OF HSCB OF 218,790,000 ISSUED AND PAID-UP ORDINARY SHARES IN HAFARY HOLDINGS LIMITED ("HHL") ("HHL SHARES"), REPRESENTING 50.82% EQUITY INTEREST IN HHL, PURSUANT TO A VOLUNTARY CONDITIONAL TAKE-OVER OFFER BY 23 CAPITAL PTE LTD FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY SGD140.03 MILLION ("PROPOSED DISPOSAL") Hap Seng Consolidated Berhad Type Announcement Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS Description HAP SENG CONSOLIDATED BERHAD ("HSCB" OR "COMPANY") PROPOSED DISPOSAL BY HAP SENG INVESTMENT HOLDINGS PTE LTD ("HSIH"), A WHOLLY-OWNED SUBSIDIARY OF HSCB OF 218,790,000 ISSUED AND PAID-UP ORDINARY SHARES IN HAFARY HOLDINGS LIMITED ("HHL") ("HHL SHARES"), REPRESENTING 50.82% EQUITY INTEREST IN HHL, PURSUANT TO A VOLUNTARY CONDITIONAL TAKE-OVER OFFER BY 23 CAPITAL PTE LTD FOR A TOTAL CASH CONSIDERATION OF APPROXIMATELY SGD140.03 MILLION ("PROPOSED DISPOSAL") On 28 September 2026, United Overseas Bank.