The Board of Directors of CHHB had on 3 June 2022, received a notification from Tan Sri Lee Kim Tiong @ Lee Kim Yew (“Tan Sri Lee”) pursuant to Sections 219 and 137 of the Companies Act 2016, that he had exercised a dealing pursuant to the Master Share Sale and Repurchase Agreement (“the Agreement”) with Equities First Holdings LLC (“EFH”), whereas Tan Sri Lee sold and has the right to repurchase 4,000,000 ordinary shares (“Shares”) held in CHHB at a pre-agreed price from the latter at the maturity date and upon such terms and conditions as stipulated in the Agreement.

As at the date of entry into the Agreement, and prior to the transaction, Tan Sri Lee retains an interest of 78,097,200 (26.43%) shares through his direct interest and 106,177,931 (35.93%) shares through his indirect interest.

The terms of the Agreement shall be three (3) years from the closing date as prescribed in the Agreement.

This announcement is dated 8 June 2022.