ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2024/2029 OF MAXLAND BERHAD ("MAXLAND" OR THE "COMPANY") ("WARRANT(S) B") IN ACCORDANCE WITH THE DEED POLL DATED 5 JUNE 2024 CONSTITUTING THE WARRANTS B ("DEED POLL B"), PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,405,444,311 NEW ORDINARY SHARES IN MAXLAND ("MAXLAND SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT THE ISSUE PRICE OF RM0.025 PER RIGHTS SHARE, ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING MAXLAND SHARE HELD ("RIGHTS ISSUE")

Kindly be advised of the following:

1) The above Company's securities will be traded and quoted "Ex - Adjustment" as from: 21 Oct 2026
2) The last date of lodgment: 22 Oct 2026

Remarks:

Pursuant to the Rights Issue, the exercise price and outstanding Warrants B will be adjusted in accordance with the provisions of the Deed Poll B ("Adjustments"). The Notice of Book Closure in relation to the Rights Issue had been announced by the Company separately today.

Holders of outstanding Warrants B ("Warrant B Holders") who wish to be entitled to the Rights Shares should exercise their Warrants B into new Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, Aldpro Corporate Services Sdn Bhd, on or before 5.00 p.m. on 13 October 2026. This is to enable the new Shares arising from such exercise to be allotted to the respective Warrant B Holders such that their names will appear on the Record of Depositors of the Company by 5.00 p.m. on 22 October 2026. The Warrant B Holders who have not exercised their outstanding Warrants B by 5.00 p.m. on 13 October 2026 and whose names appear in the Record of Depositors for the outstanding Warrants B as at 5.00 p.m. on 22 October 2026 ("Entitlement Date") would be entitled to the Adjustments. The entitlement ratio indicated above is for illustration only based on the Base Case Scenario as set out in Section 5.5 of the circular to shareholders of the Company in relation to the Rights Issue dated 24 August 2026.

The additional Warrants B will be listed and quoted simultaneously with the Rights Shares on the Main Market of Bursa Malaysia Securities Berhad on 23 November 2026.

The actual number of additional Warrants B to be issued and the adjusted exercise price of the Warrants B pursuant to the Adjustments will only be finalised on the Entitlement Date and will be effective on the next market day following the Entitlement Date. The notice to the Warrant B Holders (setting out details of the Adjustments) and the notice of allotment for the additional Warrants B will be despatched in due course.