Investor Relations

Reference is made to Pertama Digital's announcements dated 16 March 2023 and 17 March 2023 in relation to the Proposed Placement ("Announcements"). Unless otherwise defined, all defined terms and abbreviations used in this announcement shall carry the same meaning as those defined in the Announcements.

On behalf of the Board, Mercury Securities wishes to announce that Pertama Digital had on 14 April 2023 entered into a supplemental subscription agreement with Macquarie Bank to vary certain terms of the Subscription Agreement in order to implement the Proposed Placement in 2 separate tranches as follows:

Tranche 1:

Initial subscription by Macquarie Bank of up to 21,500,000 Placement Shares ("Tranche 1 Placement Shares") ("Proposed Placement of Tranche 1 Shares"); and

Tranche 2:

Conditional right for Macquarie Bank to further subscribe for up to 21,500,000 Placement Shares ("Tranche 2 Placement Shares"), subject to the Company obtaining the approval of Bursa Securities for its regularisation plan and for the listing of and quotation for the Tranche 2 Placement Shares ("Proposed Placement of Tranche 2 Shares").

Pursuant to the above, the Proposed Placement of Tranche 1 Shares will be undertaken pursuant to the General Mandate 2023, whilst the Proposed Placement of Tranche 2 Shares will form part of the Company's regularisation plan. Thus, the detailed information relating to the Proposed Placement of Tranche 2 Shares will be set out in the Company's announcement of its regularisation plan which will be made in due course.

Please refer to the attachment for further details on the Proposed Placement of Tranche 1 Shares as well as the summary of the salient amendments made pursuant to the supplemental subscription agreement.

This announcement is dated 14 April 2023.