We refer to the announcements dated 17 November 2022, 15 December 2022, 20 December 2022, 10 January 2023, 22 February 2023, 12 February 2025 and 28 March 2025 in relation to the legal proceedings and arbitration involving the DNeX Parties and the CGP Parties ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

The Board of Directors ("the Board") is pleased to announce that DNeX, together with its wholly-owned subsidiary DNeX Semiconductor Sdn Bhd ("DSSB") and DSSB's 60%-owned subsidiary SilTerra Malaysia Sdn Bhd ("Silterra") (collectively, the "DNeX Parties"), have on 8 October 2026 entered into a global settlement with Tethystronics Technologies Company Limited and Mimastronics Technologies Company Limited, both of which are ultimately held by CGP Fund (collectively, the "CGP Parties"), to amicably, fully and finally resolve all outstanding legal proceedings, arbitration and related disputes which arose amongst the parties in their capacity as shareholders of SilTerra, by way of a consent order recorded before the High Court of Malaya at Kuala Lumpur on 8 October 2026.

The Global Settlement is a mutual settlement amongst shareholders, entered into amicably and without any admission of liability by any party. Save for the reimbursement of certain legal costs between DNeX Parties and CGP Parties as set out in Section 2(b) below, no monetary compensation or payment is payable by any party to the other under the Global Settlement.