The Board of Directors (“Board”) of the Company wishes to announce that certain bank accounts of the Group have been gradually frozen by Polis Diraja Malaysia, Pasukan Siasatan Jenayah Pengubahan Wang Haram (AMLA) from October 2025 to November 2025, and the affected accounts have remained frozen for more than 90 days and remain frozen to date.

The Group has not received any freezing order and does not have any knowledge of the particulars of the freezing order. The Group only became aware that the accounts had been frozen when it was unable to make payments for its operating expenses.

At this juncture, the Board is unable to ascertain the financial and operational impact of the freezing of the affected accounts on the Group. Nevertheless, the Group has taken the necessary measures, including utilising its other available bank accounts, to ensure that its day-to-day operations continue without disruption. The Company has also been engaging with the relevant authorities to seek clarification and resolve matters relating to the freezing of the affected accounts.

The Company will make further announcements as and when there are material developments.

This announcement is dated 10 March 2026.