The Board of Directors of MAG (Board) wishes to announce that the Board had, on 25 June 2026 approved to extend the duration of the Company's LTIP for the eligible Directors and employees of MAG and its active subsidiary companies which is expiring on 6 July 2026 for a further period of five (5) years until 6 July 2031, in accordance with the terms of the By-Laws of LTIP. The extension is not subject to any approval from the Company's shareholders, Bursa Malaysia Securities Berhad and/or any other relevant authorities. Appropriate notice on the extension will be served to the eligible LTIP grantees in due course.

This announcement is dated 25 June 2026.