EI POWER BERHAD — Share Issue/Capital Change 2026

May 10, 2026

EI POWER BERHAD ("EIP" OR "COMPANY")

LISTING OF EIP ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING")

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the Prospectus dated 21 April 2026 in relation to the Listing)

On behalf of the Board, M&A Securities wishes to announce the following with regards to the Listing:

(a) Level of subscription

(i) Public balloting

A total of 21,490 applications for 1,111,878,700 new Shares with a value of RM533.70 million were received from the Malaysian Public for 35,000,000 new Shares made available for application by the Malaysian Public, which represents an overall oversubscription rate of 30.77 times.

For the Bumiputera portion, a total of 9,164 applications for 293,760,100 new Shares were received which represents an oversubscription rate of 15.79 times.

For the public portion, a total of 12,326 applications for 818,118,600 new Shares were received which represents an oversubscription rate of 45.75 times.

(ii) Eligible Persons

The 17,500,000 new Shares made available for application by the Eligible Persons have been fully subscribed.

(iii) Restricted Offering

A total of 855 applications for 44,747,800 new EIP Shares with a value of RM21.48 million were received from the Entitled Shareholders of OCK for 14,000,000 new EIP Shares made available for application by the Entitled Shareholders of OCK, which represents an oversubscription rate of 2.20 times.

(iv) Bumiputera investors approved by MITI via private placement

The 63,000,000 new Shares and 24,500,000 existing Shares made available for application by way of private placement to Bumiputera investors approved by MITI have been fully placed out.

(v) Selected investors via private placement

The 45,500,000 existing Shares made available by way of private placement to selected investors have been fully placed out.

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(b) Basis of allotment/ allocation

The basis of allotment/ allocation of the 17,500,000 new Shares to 1,745 Bumiputera public applicants under the Public Issue (Malaysian Public) are as follows:

Denomination		Total number of applications	Number of successful applications	Success Rate (%)	Number of Shares to be allotted per application	Total number of Shares allotted	% Over total Shares allotted
From	To
100	1,000	1,632	140	8.58	100	14,000	0.08
1,100	2,000	579	53	9.15	1,000	53,000	0.30
2,100	3,000	543	55	10.13	2,000	110,000	0.63
3,100	4,000	353	40	11.33	3,000	120,000	0.69
4,100	6,000	631	79	12.52	4,000	316,000	1.81
6,100	11,000	1,749	265	15.15	5,000	1,325,000	7.57
11,100	20,000	1,218	220	18.06	6,000	1,320,000	7.54
20,100	50,000	1,162	258	22.20	8,000	2,064,000	11.80
50,100	100,000	592	208	35.14	11,000	2,288,000	13.07
100,100	200,000	360	180	50.00	15,000	2,700,000	15.43
200,100	500,000	227	148	65.20	20,000	2,960,000	16.91
500,100	1,000,000	62	50	80.65	30,000	1,500,000	8.57
1,000,100	2,000,000	43	37	86.05	50,000	1,850,000	10.57
2,000,100	5,000,000	11	10	90.91	70,000	700,000	4.00
5,000,100	10,000,000	2	2	100.00	90,000	180,000	1.03
10,000,100	Above	-	-	-	110,000	-	-
		9,164	1,745			17,500,000	100.00

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The basis of allotment/ allocation of the 17,500,000 new Shares to 1,950 public applicants under the Public Issue (Malaysian Public) portion are as follows:

Denomination		Total number of applications	Number of successful applications	Success Rate (%)	Number of Shares to be allotted per application	Total number of Shares allotted	% Over total Shares allotted
From	To
100	1,000	3,340	170	5.09	100	17,000	0.10
1,100	2,000	1,414	88	6.22	1,000	88,000	0.50
2,100	3,000	1,195	85	7.11	2,000	170,000	0.97
3,100	4,000	674	59	8.75	3,000	177,000	1.01
4,100	6,000	1,584	148	9.34	4,000	592,000	3.38
6,100	11,000	3,543	357	10.08	5,000	1,785,000	10.20
11,100	20,000	2,399	265	11.05	6,000	1,590,000	9.08
20,100	50,000	2,690	323	12.01	8,000	2,584,000	14.76
50,100	100,000	1,345	202	15.02	11,000	2,222,000	12.70
100,100	200,000	731	117	16.01	15,000	1,755,000	10.03
200,100	500,000	347	60	17.29	20,000	1,200,000	6.86
500,100	1,000,000	92	19	20.65	30,000	570,000	3.26
1,000,100	2,000,000	51	16	31.37	50,000	800,000	4.57
2,000,100	5,000,000	22	11	50.00	70,000	770,000	4.40
5,000,100	10,000,000	10	6	60.00	90,000	540,000	3.09
10,000,100	Above	33	24	72.73	110,000	2,640,000	15.09
		19,470	1,950			17,500,000	100.00

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(c) Distribution of the private placement tranche

Pursuant to the private placement to Bumiputera investors approved by MITI and selected investors, a total of 133,000,000 Shares have been allocated to a total of 488 investors. The distribution of Shares is as follows:

	Aggregate number of Shares allocated	Aggregate percentage of the total number of Shares allocated	(1)Approximate percentage of shareholding over the enlarged issued share capital of the Company immediately after completion of IPO
		(%)	(%)
Top placee	15,000,000	11.28	2.14
Top 3 placees	29,979,100	22.54	4.28
Top 5 placees	39,979,100	30.06	5.71
Top 10 placees	54,729,100	41.15	7.82
Top 25 placees	67,263,700	50.57	9.61

Note:
(1) Based on the enlarged share capital of EIP of 700,000,000 Shares after the IPO.

(d) Disclosure of placees who become substantial shareholder of EIP arising from the Listing, if any

Not applicable as there is no placee who has become a substantial shareholder of EIP arising from the Listing.

This announcement is dated 11 May 2026.