INVESTOR RELATIONS

The Board of Directors of NAIM wishes to announce that the Company intends to seek approval from its shareholders for the proposed renewal of authority for the Company to purchase its own shares of up to ten percent (10%) of the issued share capital of the Company ("Share Buy-Back Authority") at the Company's forthcoming 23rd Annual General Meeting ("23rd AGM").

The Company had at the 22nd Annual General Meeting held on 30 May 2024 obtained the renewal of authority from the Company's shareholders to purchase its own shares. The Share Buy-Back Authority will lapse at the forthcoming 23rd AGM and hence, shareholders' approval for the renewal of the Share Buy-Back Authority will be sought at the forthcoming 23rd AGM of the Company.

The Share Buy-Back Statement containing the details of the above proposal will be despatched to the shareholders of the Company in due course.

This announcement is dated 15 April 2025.