Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those used in the Company’s announcements dated 13 March 2025, 11 April 2025 and 6 October 2025 in relation to the Proposals.

On behalf of the Board, M & A Securities is pleased to announce that Bursa Securities had, vide its letter dated 23 February 2026, resolved to approve the following:

1. Proposed Share Consolidation;

2. listing and quotation of up to 312,334,662 Rights Shares to be issued pursuant to the Proposed Rights Issue with Warrants;

3. admission to the Official List and the listing and quotation of up to 156,167,331 Warrants C to be issued pursuant to the Proposed Rights Issue with Warrants; and

4. listing and quotation of up to 156,167,331 new SGB Shares to be issued arising from the exercise of the Warrants C.

The approval granted by Bursa Securities is subject to the following conditions:

1. SGB and M & A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposals;

2. SGB and M & A Securities are required to make the relevant announcement pursuant to the paragraph 13.20(2) of the Listing Requirements pertaining to the Proposed Share Consolidation;

3. SGB must comply with the public security holding spread requirements pursuant to paragraph 8.02(1) of the Listing Requirements upon listing and quotation of the new SGB shares;

4. SGB is required to furnish Bursa Securities with a certified true copy of the resolution passed by its shareholders at a general meeting for the Proposals;

5. SGB and M & A Securities are required to inform Bursa Securities upon completion of the Proposals;

6. SGB is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposals are completed; and

7. SGB is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants C as at the end of each quarter together with a detailed computation of listing fees payable.

This announcement is dated 24 February 2026.