Reference is made to the announcement dated 30 July 2024 in relation to the Memorandum of Understanding ("MOU") between Awantec Systems Sdn. Bhd. ("ASSB") and the Government of Malaysia as represented by the National Cyber Security Agency ("NACSA") (collectively known as "Parties") to foster potential collaborations between the Parties to enhance, promote, and develop cooperation in cybersecurity technology and services together with talent development to address industry needs.

The Board of Directors of the Company wishes to announce that the tenure of the MOU has expired. Accordingly, the MOU has ceased to have effect as of 29 July 2026.

The expiration of the MOU is not expected to have any material financial impact on the Company and its subsidiaries including ASSB.

This announcement is dated 29 July 2026.