NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING INDUSTRONICS BERHAD (“ITRONIC” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN ITRONIC (“SHARES”) (“PLACEMENT SHARES”), REPRESENTING NOT MORE THAN 20% OF THE ENLARGED NUMBER OF ISSUED SHARES IN ITRONIC (EXCLUDING TREASURY SHARES, IF ANY) PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANY’S SHAREHOLDERS (“PROPOSED PRIVATE PLACEMENT”)

We refer to the announcements made on 19 July 2021 and 23 July 2021 in relation to the Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board of Directors of Itronic, TA Securities wishes to announce the additional information in connection with the Proposed Private Placement. Further details are set out in the attachment below.

This announcement is dated 17 August 2021.