HSS Engineers Berhad announced that on 29 August 2023, HSS Integrated Sdn Bhd (?HSSI?), an associate of HEB, has accepted a Letter of Award from Malaysia Airports Sdn Bhd (?Client?) confirming the appointment of HSSI as the Lead Consultant (Civil & Structural Engineer) for the Preparation, Submission and Approval for the Amendment to the Master Layout Plan (Pelan Induk Perancangan) of Lapangan Terbang Sultan Abdul Aziz Shah and the Subsequent Infrastructure Works and Associated Works for Malaysia Airports Sdn Bhd ? Phase 2 and Phase 3 (?Contract?). 2. Information on the Contract: Contract Value: Estimated at RM68.515 million (7.10% of the Total Cost of Works for the Contract which is approximately RM965 million), inclusive of 6% Sales and Services Tax.

Contract Period: 5years commencing from 29August 2023 HSSI?s scope of services under the Contract is to act as the Lead Consultant (Civil & Structural Engineer) for the proposed amendment to the Master Layout Plan (Pelan Induk Perancangan) of Lapangan Terbang Sultan Abdul Aziz Shah and the Subsequent Infrastructure Works and Associated Works for Malaysia Airports Sdn Bhd ? Phase 2 and Phase 3 (?Project?). Pursuant to the exclusive teaming arrangement between HSSI and HSS Engineering Sdn Bhd (?HSSE?), a wholly-owned subsidiary of HEB, HSSI and HSSE will be collaborating exclusively to execute and complete the Contract.

Financial Effects The Contract is expected to contribute positively to the revenue, earnings and net assets of HEB Group for financial years ending 31 December 2023 to 31 December 2028. The project will not have any impact on the share capital and/or shareholding structure of HEB. 4. Risk Factors The risk factors affecting the Contract include, but not limited to execution risks, such as dependency on the schedule of implementation and progress of the project given the role of HSSI as described above.

Nonetheless, HEB Group has, throughout the years, established its track record and expertise in undertaking such projects. As such, the Board of Directors believes that HEB Group is able to mitigate the aforesaid risk factors. 5. Approval Required The Contract, being part of the ordinary course of business of HEB Group, is not subject to the approval of shareholders of HEB or any relevant authorities.