May 2, 2025

A.S. Bryden & Sons Holdings Limited (ASBH) has aadvised that the Company has received a Take Over Bid Circular (the “Offer Document”) issued by its parent Company, Seprod Limited (“SEP”) (“Seprod”). ASBH has further advised that the Offer Document contains an Offer by SEP to purchase up to 447,491,012 ordinary shares in ASBH in exchange for newly issued ordinary shares in SEP at a rate of 396.43 ordinary shares in SEP per 1,000 ordinary shares of ASBH (disregarding fractions). Unless extended, the Offer period will expire on June 5, 2025.

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