Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcements dated 27 August 2025, 25 September 2025 and 9 October 2025 and 18 December 2025).

On behalf of the Board, M&A Securities wishes to announce that SC, vide its letter dated 6 May 2026 (received on 12 May 2026) stated that the Company is deemed to have complied with the Bumiputera Equity Requirement after taking note of the following:

(a) On 18 December 2025, MAEH fixed the issue price of the Special Issue Shares at RM0.260 each, which was determined based on the 5-day weighted average market price of MAEH Shares from 12 December 2025 to 18 December 2025 of approximately RM0.2568 per share, rounded to RM0.26 per share. The closing price of MAEH Shares on 18 December 2025 was RM0.27 per share;

(b) On 18 December 2025, MITI provided M&A Securities with the list of allocation comprising 27 Bumiputera investors for 9,154,900 Special Issue Shares;

(c) As at 26 December 2025, a total payment for 1,550,500 Special Issue Shares amounting to RM403,130 were received from 18 Bumiputera investors. This represents an acceptance of only 0.54% of the total 285,533,000 Special Issue Shares offered;

(d) On 2 January 2026, M&A Securities informed MITI of the acceptance rate and sought MITI's concurrence that the allocation of Special Issue Shares is deemed to comply with the Bumiputera Equity Requirement; and

(e) MITI had, vide their letter on 7 January 2026, informed that they had exhausted all avenues in assisting MAEH to fulfill the 12.5% Bumiputera Equity Requirement.

As such, the Special Bumi Issue is deemed completed.

This announcement is dated 12 May 2026.