Pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of ITMAX is pleased to announce that ITMAX had on 6 January 2025 accepted the Letter of Acceptance dated 30 December 2024 ("LOA") awarded by Majlis Bandaraya Pulau Pinang (hereinafter referred to as “MBPP”) in relation to the provision of upgrading and maintenance services for a selection of closed-circuit camera system in the MBPP area for the period commencing 13 January 2025 to 12 September 2030, for a contract sum of Ringgit Malaysia Eleven Million Eight Hundred Forty Thousand Nine Hundred Forty-One and Thirty-Three Sen only (RM11,840,941.33).

Please refer to the attachment for the details of the LOA.

This announcement is dated 7 January 2025.