SIGNIFICANT EVENTS OCCURRING AFTER THE REPORTING PERIOD (a) On 4 February 2026, Keyfield Resolute entered into a Shipbuilding Contract with Jiangsu Shunhong Marine Technology Co., Ltd. for the shipbuilding of a new vessel for a contract price of USD18,000,000 (equivalent to RM70,700,000). Keyfield Resolute has made the first progress payment of USD2,700,000 (equivalent to RM10,692,000) on 6 February 2026 and the shipbuilding is currently in progress. (b) On 31 March 2026, Keyfield Resolute entered into a Shipbuilding Contract with Fujian Mawei Shipbuilding Ltd. and Fujian Funing Shipbuilding Co., Ltd. for the shipbuilding of a new vessel for a contract price of USD18,000,000 (equivalent to RM72,500,000). Keyfield Resolute has made the first progress payment of USD2,700,000 (equivalent to RM10,889,100) on 7 April 2026 and the shipbuilding is currently in progress. DIRECTORS’ REPORT (CONT’D) 150 KEYFIELD INTERNATIONAL BERHAD (Incorporated in Malaysia) | Registration No: 202001038989 (1395310 - M)
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