The Board of Directors of Sunsuria wishes to announce that Sunsuria City Amenities Sdn. Bhd. and Aspire Century Sdn. Bhd., both being the wholly-owned subsidiaries of Sunsuria have on 23 February 2021 entered into a Shares Subscription and Shareholders’ Agreement with Serimas Bakti Sdn. Bhd. and Ms Lim Guat Lee for the purpose of carrying on food and beverages business (the “Joint Venture”).

Please refer to the attachment for further details on the Joint Venture.

This announcement is dated 23 February 2021.