Reference is made to the Company’s earlier announcements dated 9 June 2025, 26 June 2025, and 7 August 2025 in relation to the Originating Summons No. WA-24NCC-289-05/2025 ("Summons") served by Lau King Yew ("the Plaintiff") against Tan Yuh Pei ("First Defendant"), Koh Kean Mum ("Second Defendant"), and the Company ("Third Defendant").

The Board of Directors of Onetech wishes to inform that the High Court of Malaya at Kuala Lumpur, presided over by YA Puan Elaine Yap Chin Gaik, has delivered its decision today, 21 January 2026.

The Court has ordered that the Plaintiff’s Originating Summons be dismissed. In dismissing the Summons, the Court further ordered the Plaintiff to pay global costs in the amount of RM30,000.00 to the First Defendant and the Second Defendant.

The dismissal of the Summons reaffirms the Company’s initial position that the Plaintiff's claims were without merit. The outcome of this litigation is not expected to have any material adverse impact on the operational or financial position of the Onetech Group, save for the legal costs previously incurred.

This announcement is dated 21 January 2026.