The Board of Directors of Annica Holdings Limited in relation to the Pilot Project between H2 Energy Sdn Bhd (H2E) and the Sarawak State Health Department (SSHD). The Board provided update to shareholders that the Pilot Project has been completed and H2E's technical team is currently compiling the data from the Pilot Project for the purposes of preparing a project report for presentation to the Ministry of Health, Malaysia and the SSHD (the "H2E1 Pilot Project") to facilitate further discussions. The Board is also announced the official launch of the Solar-Hydrogen Module model "H2E1" ("H2E1") at the Long Loyang Clinic, Sarawak (the "Clinic") on 8 August 2022, which was attended and officiated by YB Datuk Haji Julaihi bin Haji Narawi, Minister of Utilities and Telecommunications Sarawak.

H2E1 is now operational and supplies 25-30kW of electricity per day (daytime usage of 15kW and night- time usage of 10kW) to the Clinic, with a peak load of 2.88 kWp. This provides the Clinic with essential lighting and refrigeration (for vaccines, medicines, etc.), defibrillators and other basic medical equipment. The Group will continue to work diligently to keep shareholders updated on the progress, outcome and commercialisation of the H2E1 and as and when there are material developments.

The Board confirms that to the best of its knowledge, all material disclosures, facts and information have been provided and announced and it is not aware of any facts, information or disclosures, the omission of which would make any statement in this announcement misleading.