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

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS FRASER & NEAVE HOLDINGS BHD ("F&NHB" OR "COMPANY") PROPOSED DISPOSAL OF 50% EQUITY INTEREST IN VACARON COMPANY SDN BHD ("VACARON"), A JOINT-VENTURE COMPANY WITH FRASERS PROPERTY HOLDINGS (MALAYSIA) PTE LTD ("FPH"), TO TAN & TAN DEVELOPMENTS BERHAD ("TTDB") REFERRED TO AS THE "PROPOSED TRANSACTION" Fraser & Neave Holdings Bhd Type Announcement Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS Description FRASER & NEAVE HOLDINGS BHD ("F&NHB" OR "COMPANY") PROPOSED DISPOSAL OF 50% EQUITY INTEREST IN VACARON COMPANY SDN BHD ("VACARON"), A JOINT-VENTURE COMPANY WITH FRASERS PROPERTY HOLDINGS (MALAYSIA) PTE LTD ("FPH"), TO TAN & TAN DEVELOPMENTS BERHAD ("TTDB") REFERRED TO AS THE "PROPOSED TRANSACTION" Reference is made to the Company's announcements dated 25 September 2025, 21 August 2026 and 4 September 2026 in relation to the Proposed Transaction (collectively, the "Earlier Announcements"). Pursuant thereto, F&NHB, Vacaron and FPH entered into a Heads of Agreement dated 25 September 2025, and F&NHB and TTDB subsequently entered into a Sale and Purchase of Shares Agr