The Board of Directors of Time wishes to announce that the Company intends to seek approval from its shareholders for the Proposed Renewal of Shareholders' Mandate for RRPT at its forthcoming 29th Annual General Meeting ("AGM").

The Company had previously obtained its shareholders' mandate at its 28th AGM held on 12 June 2025, which allowed the Group to enter into the RRPT of a revenue or trading nature with the related parties. This mandate will lapse upon the conclusion of the forthcoming 29th AGM unless it is renewed.

A circular containing the details of the Proposed Renewal of Shareholders' Mandate for RRPT will be issued to the shareholders of the Company in due course.

This announcement is dated 26 February 2026.