We wish to announce that SKPRES-C29 had expired at 9.00 a.m. on 5 October 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:

Cash Settlement Amount
= Number of SKPRES-C29 exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price) 
= Number of SKPRES-C29 exercised x (1/1.5) x (RM0.3628 - RM1.0800) 
= Number of SKPRES-C29 exercised x RM0.0000 

The Closing Price of RM0.3628 is the average daily volume weighted average price (VWAP) of the ordinary shares of SKPRES on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The SKPRES-C29 is deemed to have been automatically exercised on the Expiry Date.

As the Cash Settlement Amount is less than Zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised SKPRES-C29 will cease to be valid and all our obligations in respect to SKPRES-C29 shall terminate absolutely.

This announcement is dated 5 October 2026.