The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Rights Issue.

We refer to the earlier announcements dated 12 February 2026, 6 March 2026 and 8 April 2026 in relation to the Rights Issue.

On behalf of the Board of Directors of Maxland (save for Dato' Abd Aziz Bin Haji Sheikh Fadzir who resigned on 1 July 2026) ("Board"), UOBKH wishes to announce that the Board, has decided to abort the Rights Issue (approved by the shareholders of the Company on 25 May 2026) after taking into consideration the Group's latest funding requirements and the prevailing market conditions.

As at the date of this announcement, the Board is in the midst of assessing a new structure for the Rights Issue and may also consider other alternative fund-raising options to meet the Group's funding requirements.

The Company will make the appropriate announcement on any revised proposal or alternative fund-raising exercise, where applicable, in accordance with the Listing Requirements in due course. Where required under the Listing Requirements, the Company will seek the requisite approvals from its shareholders in respect of such revised proposal.

This announcement is dated 1 July 2026.