EGM 2025

Date: 08 July 2025

Dear Shareholders,

NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (“EGM”) of Sapura Energy Berhad (“SEB” or the “Company”) will be held at Ballroom 1 & 2, First Floor, Sime Darby Convention Centre, 1A, Jalan Bukit Kiara 1, 60000 Kuala Lumpur, Malaysia (“Meeting Venue”) on Wednesday, 30 July 2025 at 2.00 p.m. or at any adjournment thereof, for the purpose of considering and, if thought fit, passing the following resolutions with or without any modifications:

SPECIAL RESOLUTION 1

Proposed Reduction of Up to RM12,773,520,814 of the Issued Share Capital of SEB Pursuant to Section 116 of the Companies Act 2016

ORDINARY RESOLUTION 1

Proposed Consolidation of Every 20 Existing Ordinary Shares in SEB (“SEB Shares”) into 1 SEB Share

ORDINARY RESOLUTION 2

Proposed Issuance and Allotment of New Consolidated SEB Shares in Conjunction with the Conversion of Redeemable Convertible Unsecured Islamic Debt Securities in SEB into New Consolidated SEB Shares, the Issuance of New Consolidated SEB Shares and the Conversion of Redeemable Convertible Loan Stock (“RCLS”) into New Consolidated SEB Shares

ORDINARY RESOLUTION 3

Proposed Exemption Under Subparagraph 4.08(1)(c) of the Rules on Take-Overs, Mergers and Compulsory Acquisitions (“Rules”) for Malaysia Development Holding Sdn Bhd (“MDH”) and Its Persons Acting in Concert (“PACs”) From the Obligation to Undertake a Mandatory Take-Over Offer to Acquire the Remaining Consolidated SEB Shares and Outstanding Consolidated Warrants Not Already Owned by MDH and Its PACs Upon Conversion of RCLS Into New Consolidated SEB Shares

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of Sapura Energy Berhad (“SEB” or the “Company”) will be held at Ballroom 1 & 2, First Floor, Sime Darby Convention Centre, 1A, Jalan Bukit Kiara 1, 60000 Kuala Lumpur, Malaysia (“Meeting Venue”) on Wednesday, 30 July 2025 at 4.30 p.m. or immediately after the conclusion of the EGM in relation to the Proposed Regularisation Plan for the purpose of considering and, if thought fit, passing the following resolution with or without modifications:

SPECIAL RESOLUTION

PROPOSED CHANGE OF NAME FROM SAPURA ENERGY BERHAD TO VANTRIS ENERGY BERHAD (“PROPOSED CHANGE OF NAME”)

“THAT the name of the Company be changed from “Sapura Energy Berhad” to “Vantris Energy Berhad” effective from the date of issuance of the Notice of Registration of New Name by the Companies Commission of Malaysia to the Company.

AND THAT the Directors and/or the Secretary of the Company be and are hereby authorised and empowered to carry out all the necessary steps and formalities in effecting the Proposed Change of Name.”

Announcement @ Bursa Malaysia for EGM 1

Announcement @ Bursa Malaysia for EGM 2

Contact us

For more enquiries about SEB’s proposed restructuring plan, you may reach out to:
Sapura Energy Berhad’s Shareholders’ Help Desk at +603-6415 9900 between 9:30AM to 4:00PM, beginning 15 July 2025 until 29 July 2025

For the EGM’s administrative matters, you may reach out to our Share Registrar


Share Registrars
Boardroom Share Registrars Sdn. Bhd.

11th Floor, Menara Symphony
No. 5, Jalan Prof. Khoo Kay Kim
Seksyen 13, 46200 Petaling Jaya
Selangor Darul Ehsan, Malaysia