On behalf of the Board of Directors of Perdana ("Board"), Kenanga Investment Bank Berhad ("Kenanga IB") wishes to announce that the Company proposes to undertake a reduction of the issued share capital of the Company pursuant to Section 116 of the Companies Act 2016 ("Act") ("Proposed Share Capital Reduction").

Further details of the Proposed Share Capital Reduction are set out in the attachment below.

This announcement is dated 19 March 2026.