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 22 August 2025 received and accepted the Letter of Acceptance dated 18 August 2025 (“LOA”) awarded by Railway Assets Corporation (hereinafter referred to as “RAC”) for the provision of upgrading and maintenance services using the latest technology for the closed-circuit camera (“CCTV”) infrastructure on the railway network owned by RAC commencing 1 September 2025 for a period of 68 months, for a contract sum of Ringgit Malaysia Fourteen Million Four Hundred Forty-Nine Thousand Seven Hundred Two and Fifty Sen only (RM14,449,702.50) (inclusive of 8% SST).

The Company and RAC will execute and enter into an agreement in respect of the provision of upgrading and maintenance services for the CCTV infrastructure on the railway network owned by RAC.

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

This announcement is dated 22 August 2025.