Zetrix AI Berhad Annual Report 2025

ADDITIONAL COMPLIANCE INFORMATION 1. UTILISATION OF PROCEEDS The status of the utilization of proceeds raised from the following private placement exercises as at 31 March 2026 are as follows: i. Private Placement 1 On 28 February 2025, Zetrix AI announced that it proposes to undertake a private placement of up to 376,520,137 new Zetrix AI Shares (“Placement Shares 1”), representing up to 5.0% of the total number of issued Zetrix AI Shares (excluding treasury shares), to third-party investor(s) (“Private Placement 1”). The first tranche of Private Placement 1 was completed on 10 March 2025 following the listing and quotation of 206,217,600 Placement Shares 1 on the Main Market of Bursa Securities at an issue price of RM0.925 per Zetrix AI Share, which raised a total proceed of RM190.75 million. On 3 March 2026, the second tranche of Private Placement 1 has been completed following the listing and quotation of 170,302,537 Placement Shares 1 on the Main Market of Bursa Securities at an issue price of RM0.78 per Zetrix AI Share, which raised a total proceed of RM132.83 million. The status of the proceeds raised from the Private Placement 1 amounting to RM323.58 million is as follows: No. Details of Utilisation Estimated utilisation timeframe upon completion Proposed utilisation of Private Placement 1 (RM’000) Actual proceeds raised from the Proposed Private Placement 1 (RM’000) Actual utilisation (RM’000) Balance (RM’000) 1 Development of blockchain infrastructure in Malaysia Within 24 months 85,000 85,000 44,200 40,800 2 Development of blockchain applications and associated agentic Artificial Intelligence Within 24 months 225,000 204,271 113,670 90,601 3 Working capital Within 24 months 30,380 30,380 30,380 - 4 Estimated expenses for the Proposed Private Placement Within 1 month 7,900 3,935 3,935 - Total 348,280 323,586 192,185 131,401 ii. Private Placement 2 On 25 February 2026, Zetrix AI announced that it proposes to undertake a private placement of up to 389,823,174 Zetrix AI Shares (“Placement Shares 2”), representing up to approximately 5.0% of the total number of issued Zetrix AI Shares (excluding treasury shares), to third-party investor(s) (“Private Placement 2”). The first tranche of Private Placement 2 was completed on 5 March 2026 following the listing and quotation of 29,252,616 Placement Shares 2 on the Main Market of Bursa Securities at an issue price of RM0.78 per Share, which raised a total proceed of RM22.82 million. ADDITIONAL INFORMATION 289

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