We refer to the announcements made on 24 October 2024 and 21 November 2024, in relation to amongst others, the Proposed ESOS (“Announcements”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise defined herein.

On behalf of the Board, Mercury Securities wishes to announce that Bursa Securities has, vide its letter dated 13 December 2024, resolved to approve the listing and quotation of such number of new EMCC Shares, representing up to 10% of the Company’s total number of issued EMCC Shares (excluding treasury shares, if any) to be issued pursuant to the Proposed ESOS, subject to the following conditions:

(i) Mercury Securities is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to Rule 6.44(1) of the Listing Requirements and stating the effective date of implementation, together with a certified true copy of the resolution passed by the shareholders in general meeting;

(ii) EMCC is required to furnish Bursa Securities on a quarterly basis a summary of the total number of EMCC Shares listed pursuant to the Proposed ESOS, as at the end of each quarter together with a detailed computation of listing fees payable; and

(iii) The new EMCC Shares to be issued pursuant to the Proposed ESOS to any Eligible Person whose EMCC Shares are subject to moratorium pursuant to Rule 3.19(1) of the Listing Requirements shall be subject to the same moratorium.

This announcement is dated 13 December 2024.